Category: News

Nigeria posts trade surplus of N6.95tn in Q2 2024

Nigeria achieved a trade surplus of N6.95 trillion in the second quarter of 2024, reflecting...

Innoson unveils first locally-made electric vehicle

Innoson Vehicle Manufacturing Company has proudly announced the launch of its first locally produced electric...

Tech community blasts minister over ‘mediocre’ N100m Google AI fund

The announcement of a N100 million AI Fund by the Minister of Communications, Innovation, and...

Nigeria’s oil production hit 1.35 mbpd in August – OPEC

Nigeria’s crude oil production saw a modest increase in August, rising from 1.307 million barrels...

Nigeria emphasizes commitment to advanced aviation solutions at ICAO symposium

The Minister of Aviation and Aerospace Development, Festus Keyamo SAN, emphasized the nation’s commitment to...

First Bank clarifies equity sale affects only FBNQuest merchant bank

First Bank of Nigeria has clarified that its recent announcement about the sale of its...

Sony unveils advanced PlayStation 5 Pro

Sony has unveiled the PlayStation 5 Pro, an advanced iteration of its flagship gaming console,...

Nigerians own about half of Liberia’s commercial banks – Liberian VP

Liberia’s Vice President, Jeremiah Kpan Koung, announced that Nigerian investors now own approximately half of...

Regulatory costs may hinder Nigeria’s banking sector growth — Elumelu

The Chairman of UBA Group, Tony Elumelu has stated that the Nigerian banking sector faces...

Australia moves to limit social media for children

Australia is moving to implement one of the world’s first minimum age limits for social...

OpenAI to launch new AI model “Strawberry”

OpenAI plans to release a new artificial intelligence model called “Strawberry,” designed to enhance reasoning...

Microsoft to hold cybersecurity summit after server outage

Microsoft will host a summit on Tuesday to address steps for strengthening cybersecurity systems, following...

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