Category: News

Diesel prices surged to N1,341/litre in March 2024 – NBS

The average retail price of Automotive Gas Oil also known as Diesel paid by consumers...

Twitch launches TikTok-like feed for livestreams, clips

Social network, Twitch is rolling discovery feed for livestreams and Clips on mobile devices aiming...

CBN reduces banks’ loan-deposit ratio to 50%

The Central Bank of Nigeria has reduced the loan-to-deposit ratio of commercial banks from 65...

NPA secures $700m loan for Apapa, Tincan ports rehabilitation

The Nigerian Ports Authority announced that it had obtained a $700m loan from Citibank for...

Google fires 28 workers over protest against deal with Israel

Google has terminated the employment of 28 workers who participated in protests against the company’s...

Google lays off staff to streamline operations

Alphabet-owned Google is implementing layoffs affecting an undisclosed number of employees, a company spokesperson confirmed...

Nigeria’s FX reserves shrink, sparks naira float speculation

The Nigerian foreign reserves are depleting at a pace not observed in four years, sparking...

EU issues ultimatum to Bytedance over TikTok lite

ByteDance’s TikTok has been issued a 24-hour ultimatum by the European Commission to furnish a...

AMD targets AI market with enhanced semiconductors

Advanced Micro Devices has introduced a new series of semiconductors tailored for AI-enhanced business laptops...

‘Grant Theft Auto’ maker lays off 600 employees to cut cost

Take-Two Interactive Software; the makers of “Grand Theft Auto” has announced that it will be...

Telegram targets 1bn active monthly users with one year

The billionaire founder of the Telegram messaging app, Pavel Durov has said the platform is...

Dubai shuts down airport as flood takes over runway

Dubai, United Arab Emirates, on Tuesday, faced severe disruptions caused by heavy rains, leading to...