Category: featured

CBN loan to govt hits N42trn

The Central Bank of Nigeria’s data reveals a significant increase in credit to the government,...

Telecoms sector suffers $99m foreign investment decline in Q3 – NBS

Foreign investments in Nigeria’s telecommunications sector plummeted from $113.42 million in Q2 2024 to $14.4...

AI unlikely to transform daily life soon – Google CEO

Generative artificial intelligence likely won’t bring major changes to daily life in 2025—at least, not...

‘BRICS not interested in weakening US dollars’

India’s Foreign Minister, Subrahmanyam Jaishankar, stated at an event in Doha, Qatar, on Saturday that...

Power sector: Gencos accuse senate of failing in oversight role

Power generation companies have criticized the Nigerian Senate, claiming that 99% of the failures in...

Grid collapses: Senate blames failed power sector privatization

The Senate declared on Thursday that the 11-year-old privatisation of the power sector has failed,...

Bitcoin breaks $100,000 milestone for first time

Bitcoin has surpassed the long-awaited $100,000 threshold, reaching a new high of approximately $103,500, marking...

Google, Microsoft remove 65m content following complaints in Nigeria – NITDA

The National Information Technology Development Agency reported that major tech firms like Google, X (formerly...

FG auditors review NNPCL’s N2.7tn fuel subsidy claim

The Office of the Auditor-General of the Federation has received the required documents to verify...

P’Harcourt refinery remains operational – Facility MD

The Managing Director of the Port Harcourt Refining Company, Ibrahim Onoja, has rejected claims that...

Elon Musk seeks court order to stop OpenAI’s for-profit shift

Elon Musk, along with his AI company xAI and former OpenAI board member Shivon Zilis,...

FX matching system will correct Naira’s true value – Cardoso

The Central Bank of Nigeria, Olayemi Cardoso announced that the upcoming electronic FX matching system...