Ex-Robots engineers enhance humanoid robot with facial expressions
Engineers in the Ex-Robots factory located in the northeastern coastal city of Dalian are pushing the boundaries of humanoid robotics with a…
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Elon Musk threatens to ban iPhones over Apple’s OpenAI integration
Elon Musk issued a stern warning about banning iPhones from all his companies following Apple’s announcement of its integration with OpenAI’s ChatGPT,…
FG spent $2.2bn to service debt in five months – CBN
The Central Bank of Nigeria has revealed that Nigeria’s debt servicing cost approximately N2.2 billion in the first five months of this…
Banks’ loan from CBN declines 10.6% to N10.9trn
Bank borrowing from the Central Bank of Nigeria decreased by 10.6 per cent month on month in May to N10.9 trillion. The…
Recapitalisation of banks will promote capital market, says ASHON chair
The Chairman of the Association of Securities Dealing Houses of Nigeria, Sam Onukwue has stated that the newly proposed capital requirements for…
Atedo Peterside steps down from Stanbic IBTC board after 35 years
Atedo Peterside has resigned from the Stanbic IBTC board after 35 years as CEO, chairman, and bank director. This was disclosed by…
SEC approves FCMB-TLG as Nigeria’s first private debt fund
The Securities and Exchange Commission has approved the FCMB-TLG Private Debt Fund, Nigeria’s first private debt fund denominated in naira. This was…
FG, private sector partner to revive textile, garment industry
The Federal Government in collaboration with development partners and the commercial sector, is working on a rejuvenation strategy for Nigeria’s cotton, textile,…
Nightclub raid: Ondo gov slams EFCC’s disruption of legitimate business
Alex Omenye Ondo State Governor Lucky Aiyedatiwa, has accused operatives of the Economic and Financial Crimes Commission of disrupting legitimate business activities…
Stakeholders advocate for standardisation in hospitality industry
Stakeholders in the hospitality industry campaigned for innovation and standardization. This was disclosed by the stakeholders at the hospitality retail summit, themed…
FG grant 95 licences to increase electricity generation by 989MW
The Federal Government awarded 95 licenses, permits, and registration certificates for the generation of 989.42 megawatts of electricity in 2023, to boost…
Nigeria’s GDP per capita could rise to $1,120 in 2029 – IMF
Nigeria’s GDP per capita is predicted to reach $1,120.67 by 2029, according to the International Monetary Fund. The IMF data analysed shows…