Category: News

Arik Air plane makes emergency air return to base

A Boeing aircraft operated by Arik Air made an air return on Thursday morning following...

US Congress moves on with TikTok sale

Efforts to compel ByteDance, the Chinese owner of TikTok, to sell the popular social media...

Stability AI lays off staff in restructuring move

Stability AI is undergoing a restructuring process that will involve staff layoffs, according to Reuters...

Binance working with Nigeria govt to resolve exec’s detention, CEO says

The CEO of cryptocurrency exchange Binance addressed the detention of its head of financial crime...

Meta launches early version of Llama 3 AI model

Meta unveiled early versions of its latest large language model, Llama 3, along with an...

Labour congress protests Heritage Bank’s termination of contract staff

The Labour Congress on Thursday, staged a picket at the headquarters of Heritage Bank in...

FCCPC seals Abuja supermarket over unfair practices

The Federal Competition and Consumer Protection Commission has sealed 4U Supermarket formally known as Amigo...

Transcorp Hotels divest interest in Calabar subsidiary

Transcorp Hotels plc, the hotel subsidiary of Transnational Corporation plc, announced that it had sold...

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...