OpenAI files for IPO as AI firms race to market
OpenAI, the company behind ChatGPT, has filed confidentially for an initial public offering, signaling a potential move toward the public markets as…
Business
Nigeria’s transmission grid not limiting electricity supply – TCN
The Transmission Company of Nigeria has dismissed assertions that the national transmission network is the main barrier to improved electricity supply, maintaining…
US judge blocks Trump’s $100,000 H-1B visa fee plan
A United States federal judge has blocked President Donald Trump’s attempt to impose a $100,000 fee on employers seeking to hire foreign…
Manufacturers reject new beverage tax, warn of business strain
Major business groups and manufacturers in Nigeria have voiced strong opposition to the proposed Customs and Excise Tariff (Amendment) Bill 2025, warning…
FG schedules Wednesday flight for stranded Nigerians in South Africa
Nigeria will begin evacuating its citizens from South Africa this week following anti-immigrant attacks and protests in Africa’s largest economy. The Federal…
Global stocks slide as Middle East tensions drive oil higher
Global stock markets declined on Monday as investors grew increasingly concerned about the outlook for technology stocks, while oil prices surged following…
FG delays Nigerians’ evacuation from S’Africa over logistical challenges
The Federal Government has postponed the evacuation of the first group of Nigerians seeking to return from South Africa amid renewed xenophobic…
Reps recovers ₦521.77m VAT from CBN in Remita revenue probe
The House of Representatives Public Accounts Committee has recovered N521.77 million in unremitted Value Added Tax from the Central Bank of Nigeria,…
Nigerian engineers demand stronger response to rising insecurity
The President of the Nigerian Society of Engineers, Ali Rabiu, has called on the Federal Government to urgently and decisively tackle Nigeria’s…
Oil prices rise as Middle East tensions escalate
Oil prices climbed on Monday as tensions escalated in the Middle East, with Iran and Israel exchanging strikes and raising fears that…
Prada targets space frontier with new astronaut inner-layer garment
Italian fashion house Prada on Sunday unveiled the inner-layer garment that NASA astronauts will wear during upcoming space missions, highlighting the brand’s…
CPPE flags risks in proposed sugar-sweetened beverage tax
The Centre for the Promotion of Private Enterprise has urged the House of Representatives to reject the Sugar-Sweetened Beverage Tax Bill recently…