AfDB secures $2.2bn for Nigeria’s agro-Industrial hubs
The African Development Bank Group has mobilized $2.2 billion to support the second phase of Nigeria’s Special Agro-Industrial Processing Zones (SAPZ) initiative.…
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CBN loan to govt hits N42trn
The Central Bank of Nigeria’s data reveals a significant increase in credit to the government, which grew by nearly 90%, from N22.14…
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 million in Q3 2024, representing an 87%…
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 beyond its current impact, according to Google…
‘BRICS not interested in weakening US dollars’
India’s Foreign Minister, Subrahmanyam Jaishankar, stated at an event in Doha, Qatar, on Saturday that BRICS countries have no intention of weakening…
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 the country’s power sector since the 2013…
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, citing the continued lack of stable electricity…
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 a significant milestone in its price trajectory.…
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 Twitter), Microsoft, and TikTok have collectively removed…
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 the Nigerian National Petroleum Company Limited’s N2.7…
P’Harcourt refinery remains operational – Facility MD
The Managing Director of the Port Harcourt Refining Company, Ibrahim Onoja, has rejected claims that production at the refinery was halted after…
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, has filed a motion for a preliminary…