Category: featured

Lagos-Calabar coastal road designed to withstand floods for 50 years – Minister 

The Minister of Works, David Umahi, has assured that the Lagos-Calabar Coastal Highway is designed...

Petrol price may crash to N400/litre as crude oil prices dip — Refiners

The Crude Oil Refinery Owners Association of Nigeria has projected that the pump price of...

US cancels all visas for South Sudanese passport holders

The United States Secretary of State, Senator Marco Rubio, announced on Saturday that the US...

Musk, Bezos, Zuckerberg lose over $81b in two days

President Donald Trump’s announcement of new tariffs sent shockwaves through Wall Street, resulting in significant...

TCN reports 165MW power loss after towers collapse in Lagos

The Transmission Company of Nigeria has reported the collapse of three transmission towers after the...

Spotify paid Nigerian, S’African artists $59m royalty in 2024

Audio streaming giant Spotify significantly increased its royalty payouts to artists from Nigeria and South...

AI could impact 40% of jobs, deepen global inequality – UN

The United Nations Trade and Development agency has expressed concerns over automation and job displacement...

OpenAI faces $10b funding cut over failure to restructure

OpenAI could see its private funding round reduced by up to $10 billion if it...

NGX rebounds as 2024 dividend declarations spur ₦437bn growth

Dividend announcements for the 2024 financial year by corporate Organisations reversed the downward trend on...

TikTok Shop hits 47m shoppers, redefining online retail

TikTok Shop has rapidly gained traction despite entering the market late. Launched in the United...

FG strengthens port, border surveillance to combat illegal wildlife trafficking

The Federal Government has announced plans to strengthen surveillance at airports, seaports, and land borders...

Tinubu approves Investment and Securities Act 2024

President Bola Ahmed Tinubu has enacted the Investment and Securities Act 2024, a significant advancement...