Ibadan hybrid power delivers uninterrupted electricity
The 11-megawatt Ibadan Hybrid Power Project, inaugurated by Governor Seyi Makinde earlier this month, is now operational. This project aims to enhance…
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Customs disbands patrol team, cuts checkpoints nationwide
The Nigeria Customs Service has disbanded the Joint Border Patrol Team and authorized a reduction in checkpoints nationwide to streamline operations and…
Lagos requires $33bn for energy generation expansion
The General Manager of the Lagos State Electricity Board, Kamaldeen Balogun, stated that Lagos requires an investment of $14 million to $33…
Iran lifts ban on WhatsApp, Google Play, ease internet restrictions
Iranian authorities have lifted the ban on Meta’s WhatsApp and Google Play, marking the first step in reducing the country’s stringent internet…
Microsoft expands AI models for 365 Copilot to reduce costs
Microsoft Corporation is broadening the range of artificial intelligence models powering Microsoft 365 Copilot, to diversify from its reliance on OpenAI’s technology…
Apple nears $4trn valuation driven by AI successes
Apple is edging closer to a record $4 trillion market valuation, driven by investor optimism over its advancements in artificial intelligence and…
W’Bank raises Nigeria’s NIN target to 180m under ID4D project
The World Bank has updated Nigeria’s target for the Digital Identity for Development project, increasing the number of Nigerians to be issued…
Honda poised for best performance in 16 years after merger talks
Honda’s announcement of a 1.1 trillion yen ($7 billion) share buyback, along with ongoing merger discussions with Nissan, has led to a…
Global Gas opposes Shell’s $2.4bn sale, cites ongoing legal cases
Global Gas and Refining Limited on Monday opposed the recent completion of the $2.4 billion Sale and Purchase Agreement between Shell and…
Ecobank cautions customers on fraud risks during Yuletide
Ecobank Nigeria has urged customers to stay vigilant against fraudsters during the Yuletide, while assuring uninterrupted access to banking services via its…
BPP launches new scheme to combat procurement fraud
The Bureau of Public Procurement has launched a Beneficial Ownership Scheme aimed at identifying and eliminating fraudulent activities within the procurement process.…
FCMB Group secures shareholder approval for ₦340bn capital raise
FCMB Group Plc has received shareholder approval to raise ₦340 billion in fresh capital aimed at strengthening its banking subsidiary, First City…