Meta cuts prices for VR headset second time in 2024
Meta has slashed the price of its Quest 2 VR headset for the second time this year, marking a permanent reduction. The…
News
High sulphur diesel behind Dangote price slash – S&P Global
Dangote refinery recently announced a price reduction of automotive gas oil to N1,000 per litre. This is attributed to a less quality…
Apple removes WhatsApp, Threads from China app store
Apple announced on Friday that it had complied with a directive from the Chinese government to remove Meta’s WhatsApp and Threads from…
Sound valuation system key to achieving $1 trillion economy -FRC
The Executive Secretary/Chief Executive of the Financial Reporting Council of Nigeria, Dr. Rabiu Olowo, said that the key to achieving this Administration’s…
FG needs N3.2trn to reverse electricity tariff hike – NERC
The Federal Government of Nigeria will need to come up with the sum of N3.2trn in 2024 to reverse the recent hike…
N7.3tn remitted to Federation Account in H2 2023 – RMAFC
The Revenue Mobilization Allocation and Fiscal Commission has revealed that a total sum of N7.3tn was paid into the Federation Account between…
Arik Air plane makes emergency air return to base
A Boeing aircraft operated by Arik Air made an air return on Thursday morning following the detection of an indication light suggesting…
US Congress moves on with TikTok sale
Efforts to compel ByteDance, the Chinese owner of TikTok, to sell the popular social media app or face a ban in the…
Stability AI lays off staff in restructuring move
Stability AI is undergoing a restructuring process that will involve staff layoffs, according to Reuters on Thursday. This move follows the resignation…
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 compliance by Nigerian authorities, stating that the…
Meta launches early version of Llama 3 AI model
Meta unveiled early versions of its latest large language model, Llama 3, along with an image generator that updates images in real…
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 Victoria Island, Lagos, in response to the…