Economic reforms fuel growth, boost investment opportunities – Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has affirmed that Nigeria’s economy is on an upward trajectory…
News
Energy firm unveils new technology to curb gas flaring
PE Energy Limited, a leading energy services company, has introduced the Multi-phase Pump and Systems technology to eliminate gas flaring and enhance…
NNPCL cuts gas flaring by 96% at key oil fields
The Nigerian National Petroleum Company Limited announced a 96% reduction in gas flaring at the Anyala (OML 83) and Madu (OML 85)…
NPA plans 15% tariff increase
The Nigerian Ports Authority has obtained approval for a 15% tariff increase, marking the first adjustment since 1993. It said the decision…
Snapchat expands AI features for paid subscribers
Snapchat has launched AI-generated stickers for chats and a new self-destructing Snaps option for Snapchat+ subscribers as part of its ongoing effort…
Starlink withdraws from South African regulatory hearings
Starlink’s planned expansion into South Africa has encountered a significant setback after the satellite internet provider withdrew from regulatory hearings led by…
YouTube targets TikTok creators with ads ahead of ban
YouTube is targeting TikTok content creators with ads on the app, aiming to attract these valuable users to its platform amid TikTok’s…
Nigeria’s CBN treasury bills auction attracts N3.1trn
The Central Bank of Nigeria has released the results of its Treasury Bills auction conducted on February 5, 2025, which has attracted…
UAC Nigeria reports N25.8bn pre-tax profit for 2024
UAC of Nigeria PLC has announced a full-year pre-tax profit of N25.8 billion for 2024, representing a 109.30% increase from N12.3 billion…
China files complaint to WTO over Trump’s tariffs
China has lodged an official complaint with the World Trade Organization against U.S. President Donald Trump’s new 10% tariff on Chinese imports,…
US lawmakers to introduce bill banning DeepSeek chatbot on govt devices
A group of United States lawmakers is set to introduce a bill on Thursday that would prohibit the use of DeepSeek’s chatbot…
Chinese AI Startup DeepSeek suspends API service
DeepSeek, a Chinese artificial intelligence startup, has temporarily halted API service top-ups due to server resource constraints, according to a notice on…