Stanbic IBTC retains top spot in retail, SME banking
Stanbic IBTC Bank has maintained its top position in the 2024 KPMG West Africa Banking Industry Customer Experience Survey. It led retail…
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PETROAN denies seeking free money from FG, explains N10bn request
The Petroleum Product Retail Outlet Owners Association of Nigeria has clarified that the N100 billion it requested from President Bola Tinubu is…
Why some stations sell petrol above N1,000/litre – Marketers
Petroleum marketers explain that filling stations still sell Premium Motor Spirit, or petrol, above N1,000 per litre because they are yet to…
FG budgets N2.5bn for Lagos airport boarding bridges
The Federal Government has allocated N2.5 billion in the proposed 2025 budget, for installing passenger boarding bridges at Lagos airport. This is…
Delta dumps Lyft, partners Uber for loyalty program
Delta Air Lines is partnering with Uber this spring, ending its eight-year partnership with Lyft. After linking accounts, Delta SkyMiles members can…
Nvidia CEO aims to make Blackwell chips key revenue driver
Nvidia CEO Jensen Huang is focusing on making the company’s next-generation Blackwell chips its biggest revenue driver to date. Speaking to Yahoo…
China Development Bank approves $254.76m loan for Kano-Kaduna rail project
The China Development Bank has approved a loan of $254.76 million (€245 million) for Nigeria’s Kano-Kaduna railway project, marking a significant boost…
Over 50 per cent of Nigerian electricity users unmetered – NERC
The Federal Government has revealed that over half of Nigeria’s registered electricity customers are yet to be metered, with 53.8 per cent…
OpenAI CEI denies sister’s rape allegations, calls claims untrue
The CEO of OpenAI, an artificial intelligence company, Sam Altman, has vehemently refuted his sister’s rape allegations in a recent lawsuit. On…
Disinformation experts condemn Meta’s end of US fact-checking
Meta’s surprise decision to end its United States fact-checking program sparked sharp criticism from disinformation researchers on Tuesday, warning it could unleash…
FX reserves hits $40.8bn after eurobond auction
Nigeria’s foreign exchange reserves rose by $591.78 million following the government’s $2.2 billion Eurobond auction on December 2, 2024. According to the…
Seplat to revive 400 oil wells, targets 120,000bpd
Seplat Energy plans to revive 400 idle oil wells to boost its crude production to over 120,000 barrels per day in the…