MAN urges FG to cut Nigeria’s dependence on foreign supplies
The Manufacturers Association of Nigeria has called for stronger efforts to reduce the country’s dependence on foreign supply chains, urging the government…
Business
Naira may face depreciation pressure after CBN rate cut – Rewane
The naira could come under depreciation pressure following the Central Bank of Nigeria’s decision to cut the Monetary Policy Rate by 350…
UK ready to lead global efforts on AI rules – Prime Minister
British Prime Minister Andy Burnham told the United Nations that the country was prepared to lead international efforts to establish artificial intelligence…
Trump renames AI to ‘Super Intelligence’ in US
United States President Donald Trump has proposed renaming artificial intelligence “super intelligence” in official US government communications, as world leaders debate how…
CPPE urges banks to cut lending rates
The Centre for the Promotion of Private Enterprise has called on Nigerian banks to lower lending rates following the Central Bank of…
Dangote, marketers reduce petrol prices as crude falls
The Dangote Petroleum Refinery and other petroleum marketers have reduced the prices of Premium Motor Spirit, commonly known as petrol, across major…
Trump opposes global rules to regulate AI
United States President Donald Trump has rejected calls for an international agreement to establish safeguards for the development of artificial intelligence, dismissing…
Petrol stations risk licence revocation over under-dispensing – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has warned petrol station operators across the country that persistent or serious cases of…
FG to install 300 containers of equipment to upgrade power grid
The Minister of Power, Joseph Olasunkanmi Tegbe, has disclosed that the Federal Government will deploy and install 300 containers of critical power…
Black employees allege racism at Tesla factory
Dozens of Black employees at Tesla’s flagship factory in California have alleged that they faced racist slurs, unequal pay and promotion opportunities,…
Dangote plans over $10bn investment in Africa’s power sector
Aliko Dangote has disclosed plans to invest more than $10bn in the power sector, describing reliable electricity as critical to Africa’s economic…
Afreximbank, ATDC sign $500m facility to boost African trade
The African Export-Import Bank and the Africa Trading and Distribution Company have signed a $500m Global Credit Facility to strengthen the trade,…