Category: News

How defunct-Heritage Bank customers can reclaim their funds

The Nigeria Deposit Insurance Corporation has announced the commencement of the liquidation process for Heritage...

Amazon to acquire Indian streaming service MX Player

Amazon has reached an agreement to acquire the Indian video streaming service MX Player from...

Bonded terminal activities decline by 70% amid FX crisis – Operators

The country’s foreign exchange crisis, hike in freight rate, and economic downturn have led to...

Cooking gas price crash amid export ban – Marketers

The Federal Government’s ban on the export of Liquefied Petroleum Gas, also known as cooking...

Finance minister to present new minimum wage today

The Minister of Information, Idris Mohammed, announced that Finance Minister Wale Edun will present a...

Inflation: FG considers importing rice paddy, maize seeds

The federal government is now considering measures to permit the importation of paddy rice to...

First Bank recovers N456bn loan from Heritage Bank

First Bank has received the full repayment of a “N456 billion loan” that was given...

Nigeria lost N149bn to NLC, TUC one day strike

Nigeria may have lost over N148.8 billion in oil revenue on Monday as a result...

FG direct International oil companies sell crude to Dangote refinery

The Nigerian Upstream Petroleum Regulatory Commission has said it would direct international oil companies to...

OpenAI restores ChatGPT after major outage

OpenAI has successfully restored its widely-used AI chatbot service, ChatGPT, following a significant global outage...

Crucial week for Worldcoin amid EU privacy scrutiny

The next few weeks could be decisive for Worldcoin, the controversial eyeball-scanning cryptocurrency venture co-founded...

ChatGPT faces outages, OpenAI works to restore service

The widely-used AI chatbot service ChatGPT experienced multiple outages, prompting OpenAI to spend several hours...