AI capable of changing Nigeria’s financial sector – Ex-CBN ICT director
Artificial Intelligence holds substantial promise for enhancing Nigeria’s financial services sector, according to Hajiya Rakiya Shuaibu Mohammed, former ICT Director at the…
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FG partner W’Bank to unlock over $300bn in dead capital
The Federal Government has established a partnership with the World Bank Group to raise land formalization to 50% over the next 10…
FG proposes 800% increase in aircraft navigation fees
The Nigerian federal government, through the Nigeria Airspace Management Agency, is set to propose an 800% increase in aircraft navigation fees, effective…
SpaceX’s Falcon 9 cleared for space return
SpaceX’s Falcon 9 rocket has been authorized to resume space missions following a rare mid-flight failure, the Federal Aviation Administration announced. The…
JPMorgan Chase unveils AI tool for research analysis
JPMorgan Chase has introduced a new generative artificial intelligence tool, which it claims can perform the duties of a research analyst. According…
Guinness Nigeria record N73.6b loss amid Tolaram takeover
Guinness Nigeria Plc recorded a pre-tax loss of N73.6 billion for the fiscal year ended June 30, 2024, due to the negative…
Naira decline: CBN disburses $148m to 29 authorised dealers
The Nigerian Central Bank has distributed $148 million to 29 authorized dealers as part of its efforts to stabilise the foreign exchange…
Malala Fund invests $7.8m in educational programs in Nigeria
The Malala Fund has announced an investment of $7.8 million in partner organizations and their educational programmes across Nigeria. The Chief Executive…
Dangote refinery received only $2.7bn loan from CBN – Aliko Dangote
The Chief Executive Officer of Dangote Refinery, Aliko Dangote, has disclosed that his company secured a total of $2.7 billion in loans…
NIGCOMSAT doubles revenue in 2024 H1 — Minister
The Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has announced that Nigeria Communication Satellite Limited has achieved revenues twice that…
Rivers customs generate N312bn in six months
Nigerian Customs Service, Area 2 Command, Onne, Rivers State, stated the command generated over N312 billion in the first half of the…
FG unveils plan to create 4.4 million jobs by 2027
The Federal Government has unveiled an ambitious plan to generate 4.4 million jobs by implementing Nigeria’s National Strategy for Competitiveness in Raw…