Google launches Gemini Omni AI video tool for creators
Google has unveiled Gemini Omni, a new artificial intelligence-powered video creation tool designed to generate and edit videos using text, images and…
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Police bust Nigerian AI romance scam ring in Thailand
Thai police have arrested six Nigerian nationals accused of operating an AI-powered romance scam syndicate from a luxury condominium in Nonthaburi. AFP…
Cost of healthy diet rose to ₦1,513/day in February — NBS
The National Average Cost of a Healthy Diet per adult a day stood at N1,513 as of February, the National Bureau of…
US court jails Nigerian for seven counts of wire fraud
A Nigerian man, Adepoju Salako, has been sentenced to 18 months imprisonment in the United States for his involvement in a wire…
Lagos revenue hit ₦2.6trn in 2025 — Commissioner
Lagos State recorded a total revenue of N2.6 trillion in 2025, marking a 16 per cent increase from the N2.3 trillion generated…
Nigeria recorded $480m trade surplus in January 2026 — CBN
Nigeria recorded a $480 million trade surplus in January 2026, driven by a 4.46 per cent increase in export receipts to a…
Chinese firms to gain 51% stake in PH, Warri refineries
The Nigerian National Petroleum Company Limited is considering an NLNG-style equity partnership that could hand Chinese investors a majority stake of about…
Naira weakens to ₦1,387/$ in parallel FX market as margin narrows
The Naira on Thursday depreciated to N1,387 per United States dollar in the parallel market from N1,380 per US dollar on Wednesday.…
I sold Geregu stake to invest in Dangote IPO – Otedola
Billionaire businessman and philanthropist Femi Otedola has indicated plans to invest $100 million in the forthcoming Initial Public Offering of Dangote Petroleum…
DisCos warn Lagos against scrapping electricity band classification
Electricity distribution companies have criticised the Lagos State Government’s proposed move to eliminate electricity customer band classifications, warning that implementing the policy…
South Africa’s inflation climbs to 4%, highest since 2024
South Africa’s annual inflation rate accelerated to four per cent in April 2026, marking its highest level since August 2024, as rising…
Naira records mixed performance against dollar across FX markets
The Nigerian naira traded with mixed performance against the United States dollar on Wednesday, May 20, 2026, across the official Nigerian Foreign…