Tencent, Epic Games directors vacate board seats over antitrust concern
Tencent Holdings Ltd. removed two directors it appointed to Epic Games Inc.’s board after the US Justice Department ruled the appointments violated…
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Nigeria secures $1.7b from W’Bank, AfDB for renewable energy
Nigeria is set to deploy renewable energy with a $1.7 billion investment from the World Bank, African Development Bank, and a new…
Apple, Tencent, ByteDance plan AI features in Chinese iPhones
Apple is reportedly in discussions with Chinese tech giants Tencent and ByteDance to integrate their artificial intelligence models into iPhones sold in…
NNPC E&P misses out in oil licensing round
The Nigerian National Petroleum Company Exploration and Production Limited a subsidiary of NNPC Limited, did not secure any awards in the recently…
Volkswagen buys stake in Patriot Battery Metals for $48.1m
Volkswagen Group is investing C$69 million ($48.1 million) to acquire a 9.9% stake in Patriot Battery Metals Inc., marking its first venture…
Nigeria’s internet subscribers hit 134m in October – NCC
The Nigerian Communications Commission reported that internet subscribers in Nigeria reached 134.78 million in October 2024, marking an increase of 1.88 million…
Five multinational firms that pulled out of Nigeria in 2024
Several multinationals have exited the country by divesting their operations or transferring their stakes to new investors, while the Nigerian government highlights…
CBN restricts daily limit of POS transactions to N100,000
The Central Bank of Nigeria has introduced a policy to advance its cashless economy initiative, capping daily cash-out transactions conducted by Point…
Tinubu eyes N34.8trn revenue in 2025
President Bola Tinubu revealed that his administration is targeting a revenue of ₦34.8 trillion in 2025. He made this disclosure while presenting…
Russia to launch free cancer vaccine by 2025
The Russian Ministry of Health has announced the development of a groundbreaking cancer vaccine, set to be distributed free of charge to…
Over 4m households robbed in one year — Report
A staggering 4,142,174 homes, accounting for 4.8% of households in Nigeria, fell victim to home robberies between May 2023 and April 2024,…
Dutch authorities fine Netflix €4.75m over data transparency breach
Netflix has been fined €4.75 million (approximately $4.98 million) by Dutch authorities for failing to adequately inform subscribers about the use of…