Category: News

Nigeria’s crude oil production losses hit 362.28m barrels – NEITI

A recent report by the Nigeria Extractive Industries Transparency Initiative highlights significant losses in Nigeria’s...

US court dismisses lawsuit against eBay over environmental violations

A federal judge in Brooklyn on Monday dismissed a U.S. government lawsuit accusing eBay of...

Epic Games accuses Google, Samsung of anti-competitive practices

Epic Games, the creator of the popular video game “Fortnite,” filed a lawsuit on Monday...

Russia fines Google, Discord for failing to delete certain content

A Russian court on Monday fined tech giant Google and messaging platform Discord for not...

Japanese SoftBank to invest $500m in OpenAI’s latest funding round

Japanese telecom giant SoftBank’s Vision Fund is set to invest $500 million in OpenAI’s latest...

Google to invest $1bn to boost cloud infrastructure in Thailand

Google announced on Monday that it will invest 36 billion Thai baht, or approximately $1...

NITDA warns Nigerian WordPress users about critical LiteSpeed Cache vulnerability

The National Information Technology Development Agency has issued a critical security alert regarding a newly...

We’ve invested over $25bn in Nigeria’s oil, cement, sugar – Dangote

The Chairman of Dangote Group, Aliko Dangote, has stated that that his business conglomerates have...

UBA posts N401.5bn in half year pre-tax profits

United Bank for Africa has announced its 2024 half-year earnings, declaring a pre-tax profit of...

Adesina outlines key recommendations for strengthening African economies at UNGA

The African Development Bank President, Akinwunmi Adesina has outlined several recommendations for the international community...

Exchange rate for customs duties drops to N1,637/$

The exchange rate for customs duties collection has decreased to N1,637 per USD, down from...

Nigeria not among heavily indebted developing nations – Yusuf Tuggar

The Minister of Foreign Affairs, Yusuf Tuggar, has said that Nigeria’s debt-to-GDP ratio suggests the...