Finnish authorities probe baltic sea power cable outage
Finnish Prime Minister Petteri Orpo announced on Wednesday that a power cable connecting Finland and Estonia beneath the Baltic Sea has experienced…
News
NBS allocates ₦35m for cybersecurity after website hack
The National Bureau of Statistics has allocated ₦35 million in its 2025 budget proposal for “Capacity Building on Cybersecurity and Data Centre…
Ports council eyes databank for maritime industry
The Nigerian Ports Consultative Council’s plan to establish a database for port industry statistics is aimed at creating a centralized repository for…
NECA warns factory closures in Lagos may deter investors
The Nigeria Employers’ Consultative Association has stated that the closure of factories belonging to major manufacturing companies in Lagos by the Lagos…
‘Everybody Loves Jenifa’ grosses $100,000 opening weekend abroad
Nollywood star Funke Akindele has once again demonstrated her star power with her latest blockbuster, “Everybody Loves Jenifa,” which earned an impressive…
Toyota’s global production declines for 10th consecutive month
Toyota Motor reported a 6.2% drop in global production for November, marking the 10th consecutive month of decline. The world’s largest automaker…
Nigeria’s inflation rate may drop to 5% in 2025 — Expert
An economist and CEO of Economic Associates, Ayo Teriba, has suggested that Nigeria’s inflation rate could fall to 5% by 2025 if…
OpenAI considers development of humanoid robots
OpenAI, the creator of ChatGPT, is reportedly considering the development of its own humanoid robot, according to a report from The Information…
Google contractors evaluate Gemini AI against rival Claude
Contractors working on Google’s Gemini AI have been comparing its responses to those of Anthropic’s Claude, a competing artificial intelligence model, TechCrunch…
Dangote refinery’s fuel price slash offers timely relief – NLC
The Nigeria Labour Congress, Lagos Council, has praised Dangote Refinery for its recent fuel price reduction, calling it a timely economic relief…
Access Holdings records 105.76% oversubscription in rights Issue proceeds
Access Holdings has announced the successful conclusion of its July 2024 rights issue, with an impressive oversubscription rate of 105.76%. The offer…
FG, Bloomberg partner to attract foreign investment
The Federal Government has entered a two-year partnership with Bloomberg to promote foreign investment and highlight Nigeria’s economic opportunities. This collaboration was…