FG grants 25-year license to 10 gas distribution companies
The Nigerian government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has granted 25-year gas distribution licenses to 10 companies for…
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NUPRC eyes N15tn revenue for 2025
The Nigerian Upstream Petroleum Regulatory Commission has set a revenue target of N15 trillion for this year. The Commission’s Chief Executive, Gbenga…
Cardoso warns banks on FX code violations
Central Bank of Nigeria Governor, Olayemi Cardoso, has issued a strong warning to financial institutions, stressing that any violations of the newly…
Telecoms subscribers to sue NCC as tariff hike talks stall
The National Association of Telecommunications Subscribers announced on Wednesday that it intends to take legal action against the telecom regulator, the NCC,…
Microsoft launches ‘Scareware Blocker’ to tackle online scams
Microsoft is rolling out a new feature called “Scareware Blocker,” designed to combat one of the internet’s oldest and most persistent scams.…
Spotify pays $10bn to music industry in 2024
Global audio streaming giant Spotify announced on Tuesday that it paid $10 billion to the music industry in 2024, bringing its total…
UK considers extending BBC license fee to Netflix, Disney viewers
The United Kingdom is considering changes to the BBC license fee, which could impact households that only use streaming services like Netflix…
OpenAI launches ChatGPT Gov for US government agencies
Amid growing global competition in artificial intelligence, OpenAI has unveiled ChatGPT Gov, a specialized version of its AI-powered chatbot platform designed exclusively…
Microsoft in talks to acquire TikTok’s US operations
United States President Donald Trump has revealed that Microsoft is in discussions to acquire TikTok’s U.S. operations, Bloomberg reports. While he did…
Zenith Bank raises staff salary by 20%
Zenith Bank has announced a 20% salary increase for its nearly 10,000 employees, effective January 2025. This move comes as part of…
Ministry of Interior raked in over N6bn in revenue – Minister
Dr. Olubunmi Tunji-Ojo has stated that the Ministry of Interior generated over N6 billion in revenue for 2024. This was achieved through…
AfDB, W’Bank pledge $40bn to Mission 300 initiative
The President of the African Development Bank, Akinwumi Adesina, has announced that the AfDB and the World Bank Group are committing $40…