Category: featured

IMF warns AI power surge could strain global energy systems

The International Monetary Fund raised alarms on Tuesday about the escalating electricity demands of artificial...

Crude oil drilling in the North to resume soon, says NNPCL 

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has...

Dangote refinery slashes petrol price to ₦825 per litre

Dangote Petrochemicals Refinery has quietly reduced the ex-gantry price of Premium Motor Spirit, commonly known...

Dangote defends refinery, insists it can meet Nigeria’s fuel needs

The Dangote Petroleum Refinery has pushed back against recent claims by oil marketers that it...

PAPSS hails CBN’s move to simplify transaction documentation in Nigeria 

The Pan-African Payment and Settlement System has welcomed a new circular from the Central Bank...

GPUs are the ‘currency’ for AI researchers – Nvidia VP

The Vice President of Applied Research at Nvidia, Jonathan Cohen, has stated that the pace...

CBN allocates N306bn for staff severance, related costs

The Central Bank of Nigeria disclosed that it spent N306.63 billion in 2024 on staff...

ECOWAS laments expensive airfares in West Africa

The Economic Community of West African States has raised alarm over the soaring cost of...

NIS flags passports of officials linked to refinery funds scandal

The Nigerian Immigration Service has flagged the passports of certain officials implicated in the alleged...

Naira printing costs surge by 306%

The Central Bank of Nigeria spent ₦315.18 billion on currency issue expenses in 2024, representing...

Mele Kyari denies EFCC detention rumours, calls them ‘clear mischief’

Former Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mele Kyari, has...

Tinubu’s ministers ignore TikTok, LinkedIn despite massive following – Report 

A new report reveals a stark digital divide between Nigeria’s cabinet ministers and the country’s...

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