Category: featured

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...

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...

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...

P’Harcourt refinery marks 180 days of uninterrupted operation 

The Petroleum Products Retail Outlets Owners Association of Nigeria has praised the Federal Government and...

Senate urges NCC, telcos to review data price hike

The Senate has urged the Federal Ministry of Communications, Innovation, and Digital Economy to engage...

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