Intel’s new CEO plans AI strategy overhaul, chip manufacturing
Intel’s incoming CEO, Lip-Bu Tan, is preparing to implement sweeping changes to the company’s AI strategy and chip manufacturing operations as he…
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Court adjourns fraud trial of ex-AMCON MD Ahmed Kuru, four others
The Lagos State Special Offences Court in Ikeja has adjourned the fraud trial of former Managing Director of the Asset Management Corporation…
Telegram CEO Durov returns to Dubai after months of investigation
The Russian-born founder and CEO of Telegram, Pavel Durov, announced on Monday that he had returned to Dubai after months of legal…
FG to establish CNG conversion centers in 20 federal varsities
The Federal Government has announced plans to set up Compressed Natural Gas conversion centers and refueling stations in 20 federal universities as…
US commerce bureau bans DeepSeek on government devices
DeepSeek’s low-cost artificial intelligence models triggered a significant selloff in global equity markets in January, as investors grew anxious about the potential…
Nvidia CEO to defends AI dominance in developer conference
Nvidia CEO Jensen Huang is set to take the stage this week at the company’s annual software developer conference, where he will…
Pfizer shuts down commercial operations in Nigeria
Global pharmaceutical giant Pfizer has officially shut down its commercial operations in Nigeria, rendering its commercial employees redundant, West Africa Weekly reported.…
Intel CEO Lip-Bu Tan to receive $1m annual salary
Intel’s new CEO Lip-Bu Tan will receive an annual salary of $1 million and be eligible for a performance-based cash bonus of…
Fire guts Benue market, destroys properties worth millions
A fire outbreak in the early hours of Monday destroyed properties worth millions of naira at the Wurukum Rice Mill Market in…
Nigerian lender Sycamore expands, gets SEC fund manager license
Nigerian digital lender Sycamore has secured a fund manager license from the Securities and Exchange Commission, marking a significant expansion beyond its…
Employers slam FRC over levies on private firms
The Nigeria Employers’ Consultative Association has strongly criticized the Financial Reporting Council of Nigeria for imposing what it describes as “outrageous” annual…
Amazon to require cloud processing for Alexa voice recordings
Amazon Echo users will no longer have the option to keep their voice recordings local, as the company moves to require all…