Category: News

OpenAI unveils ‘Canvas’ interface for writing code

OpenAI has launched a new feature for ChatGPT called “canvas,” aimed at improving user engagement...

YouTube expands shorts features to compete with TikTok

YouTube has announced a series of significant updates to its short-form video platform, YouTube Shorts,...

Google introduces ads in AI overviews to enhance search experience

Google announced on Thursday that it will begin displaying ads within its AI Overviews, the...

Nigerian oil priced $2 above active brent contract

Nigerian crude oil blends, including Brass River, Bonny Light, and Qua Iboe, are approaching $80...

New withholding tax regime effective January 1, 2025 – FIRS

The Federal Inland Revenue Service has informed taxpayers that the newly gazetted withholding tax regime...

Nigeria to launch $1.5m initiative to boost AI development

Nigeria’s Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, announced plans for a...

Chowdeck surpasses N30bn in deliveries for 2024 – CEO

Chowdeck, Nigeria’s rapidly growing food delivery platform, has announced it has surpassed N30 billion in...

Nigeria, UAE visa situation to normalise soon – Keyamo

The Minister of Aviation and Aerospace Development, Festus Keyamo, announced that the situation regarding UAE...

ICYMI: Nigeria’s cryptocurrency transactions hit $59bn

Nigeria has established itself as a global leader in cryptocurrency adoption, trading approximately $59 billion...

Naira falls 8.25% to N1,669.15 in I&E window

The naira experienced a significant depreciation against the US dollar on Tuesday, closing at N1,669.15...

Local refineries produced 1.46bn litres of petrol – NBS

Nigeria produced only 1.46 billion litres of petrol, from 2015 to 2019, primarily due to...

World Bank partners Nigeria to develop maritime sector

The World Bank Group has expressed its interest in partnering with Nigeria’s Ministry of Marine...