TikTok Shop hits 47m shoppers, redefining online retail
TikTok Shop has rapidly gained traction despite entering the market late. Launched in the United States in 2023, it has attracted 47…
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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 to curb illegal wildlife trafficking. This was…
Tinubu approves Investment and Securities Act 2024
President Bola Ahmed Tinubu has enacted the Investment and Securities Act 2024, a significant advancement in Nigeria’s capital market reforms. This new…
Zenith Bank to pay Jim Ovia ₦25.4bn in 2024 dividends
The founder and chairman of Zenith Bank, Jim Ovia, will receive a ₦25.4 billion dividend payout for the 2024 financial year, following…
Senate demands transparency in Lafarge Africa sale to Chinese investors
The Nigerian Senate has called for transparency in the ongoing negotiations for the sale of Lafarge Africa Plc to Chinese investors. In…
P’Harcourt refinery marks 180 days of uninterrupted operation
The Petroleum Products Retail Outlets Owners Association of Nigeria has praised the Federal Government and the Nigerian National Petroleum Company Limited for…
Senate urges NCC, telcos to review data price hike
The Senate has urged the Federal Ministry of Communications, Innovation, and Digital Economy to engage telecom operators in reviewing data and internet…
AI to replace doctors, teachers, others within 10 years – Bill Gates
Microsoft co-founder, Bill Gates, has stated that advances in artificial intelligence over the next decade could render humans unnecessary for most tasks.…
Businessman arraigned for alleged $299,000 money laundering collapses in court
A businessman, Sunday Okorie, collapsed in court on Wednesday while standing in the dock. He had been arraigned before the Federal High…
FG takes steps to prevent blackout amid mounting debt
The Federal Government has pledged to take necessary steps to clear the N4.7 trillion debt owed to power generation companies to prevent…
Power outage hits eight embassies in Abuja
A power outage has impacted at least eight embassies and several residential estates in Abuja. The electricity distribution company attributed the disruption…
UK govt to fire 10,000 workers, cut costs by 15%
The United Kingdom Government is set to cut 10,000 civil service jobs in a bid to achieve a 15% reduction in operating…