Nigeria’s oil production hit 1.35 mbpd in August – OPEC
Nigeria’s crude oil production saw a modest increase in August, rising from 1.307 million barrels per day (mbpd) in July to 1.352…
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Nigeria emphasizes commitment to advanced aviation solutions at ICAO symposium
The Minister of Aviation and Aerospace Development, Festus Keyamo SAN, emphasized the nation’s commitment to sustainable and innovative aviation solutions. Keyamo made…
First Bank clarifies equity sale affects only FBNQuest merchant bank
First Bank of Nigeria has clarified that its recent announcement about the sale of its 100% equity stake pertains exclusively to FBNQuest…
Sony unveils advanced PlayStation 5 Pro
Sony has unveiled the PlayStation 5 Pro, an advanced iteration of its flagship gaming console, set to launch on November 7 with…
Nigerians own about half of Liberia’s commercial banks – Liberian VP
Liberia’s Vice President, Jeremiah Kpan Koung, announced that Nigerian investors now own approximately half of Liberia’s commercial banks. This was disclosed by…
Regulatory costs may hinder Nigeria’s banking sector growth — Elumelu
The Chairman of UBA Group, Tony Elumelu has stated that the Nigerian banking sector faces challenges that could hinder its growth and…
Australia moves to limit social media for children
Australia is moving to implement one of the world’s first minimum age limits for social media use, citing increasing concerns about the…
OpenAI to launch new AI model “Strawberry”
OpenAI plans to release a new artificial intelligence model called “Strawberry,” designed to enhance reasoning capabilities, as part of its ChatGPT service…
Microsoft to hold cybersecurity summit after server outage
Microsoft will host a summit on Tuesday to address steps for strengthening cybersecurity systems, following a global IT outage in July caused…
Zenith Bank extends public offer, rights issue deadline
Zenith Bank Plc has extended the deadline for its ongoing Rights Issue and Public Offer by two weeks, moving the closing date…
FG targets affordable house ownership, unveils mortgage fund
The Ministry of Finance has launched a new initiative to expand affordable homeownership through a market-driven mortgage fund in Nigeria. The fund,…
Manufacturers pay N405.86bn in tax amid economic crunch
The Nigerian manufacturing sector has reported a notable increase in tax contributions, reaching a nine-month high of N405.86 billion in the second…