Category: News

OPEC crude output falls as UAE strengthens production cuts

The Organisation of Petroleum Exporting Countries crude production decreased by 120,000 barrels per day in...

Former CBN employees sue for reinstatement, compensation

Former employees of the Central Bank of Nigeria, who were dismissed in a large-scale retrenchment...

OpenAI CEO admits company losing money on chatgpt pro plan

OpenAI CEO Sam Altman revealed on Sunday that the company is currently losing money on...

IMTO inflows surge 63.7% in 2024 amid CBN reforms

The Central Bank of Nigeria has revealed a 63.7% per cent increase inflows from international...

Samsung integrates generative AI into top-selling TVs

Samsung Electronics is advancing its AI efforts with Vision AI, a new suite of features...

Landmark to relocate Lagos HQ after controversial resort demolition

Landmark Africa, the firm behind Landmark Beach Resort in Lagos, plans to relocate its Nigerian...

Bitcoin nears $100,000 as US congress set to certify Trump

Bitcoin is nearing the $100,000 milestone as market momentum builds ahead of Donald Trump’s anticipated...

Cut corporate tax to 7.5%, NACCIMA urges Tinubu

The National Association of Chambers of Commerce, Industry, Mines, and Agriculture has called on President...

Saudis raise February crude prices as OPEC+ delays production

Saudi Arabia raised oil prices for Asian buyers next month, signaling potential tighter supply in...

Alcohol stocks fall in Asia after US cancer warning

Shares of Asian liquor and beer companies dropped after the US Surgeon General highlighted a...

Retailers to start loading from P’Harcourt refinery this week – PETROAN

Marketers and retailers of petroleum products are set to start lifting Premium Motor Spirit from...

BUA refinery not 90% complete – Management

BUA Refinery and Petrochemicals has addressed a misleading report, clarifying that its refinery project in...