Category: News

Nissan, Honda merger plan scrapped as negotiations collapse

Honda and Nissan have officially terminated their merger discussions, which aimed to create the world’s...

Delayed airline remittances impact NCAA’s efficiency – DG

The Nigeria Civil Aviation Authority has said that delayed and irregular remittance of the five...

Elon Musk announces upcoming release of AI chatbot Grok 3

Billionaire tech entrepreneur Elon Musk revealed on Thursday that Grok 3, the latest version of...

Alibaba partners with Apple on AI for iPhones in China

Alibaba Group Chairman Joe Tsai announced on Thursday that the Chinese tech giant will collaborate...

FG mulls ban on 60,000-litre tankers amid rising accidents

The federal government announced on Wednesday that it is considering banning 60,000-litre petroleum trucks due...

Recapitalisation may push tier-3 banks into mergers – Fitch

Fitch Ratings has warned that Nigeria’s tier-3 banks may have to pursue mergers, acquisitions, or...

Energy infrastructure vandalism threatens Nigeria’s economy – NNPCL

The Nigerian National Petroleum Company Limited has again warned that the continuous vandalism of vital...

Industries dump national grid for other power sources – Minister

The Minister of Power, Chief Adebayo Adelabu, emphasized the need to restore confidence in Nigeria’s...

Tariff hike won’t solve power crisis, consumer group warns FG

Many electricity consumers in Nigeria are concerned that increasing tariffs without first improving power supply...

FG vows to revive textile industry, ensure fair competition

The Federal Government of Nigeria has pledged to revitalize the nation’s textile industry and implement...

Chevron to cut 20% workforce in cost-saving plan

Chevron plans to cut 15% to 20% of its workforce as part of a cost-reduction...

Google warns of US power crisis in AI race with China

The United States is grappling with a power capacity crisis as AI development fuels surging...