FG revokes 1,633 mining licences
Juliet Buna At least 1,633 mineral titles previously given to non-complying mining companies have been revoked by the federal government. According to…
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Foreign shipping firms must obey tax laws- FIRS
Executive Chairman of the Federal Inland Revenue Service, Zacch A. Adedeji,has challenged multinational shipping companies operating in Nigeria to make sure they…
E-Commerce startup Alerzo lays off 100 workers
Eight months after laying off 400 employees, the e-commerce startup Alerzo, which raised $10.5 million in a Series A round in 2021,…
FG announces recruitment for community managers
The ongoing 3 Million Technical Talent programme of the Federal Government has announced the recruitment of Community Managers. The Ministry of Communications,…
CBN grants AIP license to Bloc MFB
The Central Bank of Nigeria has granted Bloc Microfinance Bank an Approval-in-Principle to operate in Nigeria. With the approval, Bloc Microfinance Bank,…
OpenAI investors to sue company over Altman sack
Some investors in OpenAI, the company that created ChatGPT, are considering taking the board of the company to court, according to a…
Ogun pays 564 pensioners gratuities
The Chairman of the Local Government Pensioners Association of Nigeria, Ogun State, Benedict Ademoye, has stated that 564 local government pensioners have received gratuities…
Nigerian publisher Okadabooks shuts down
Nigeria’s pioneer digital publishing and bookselling platform, Okada Books, announced a shutdown on November 30, 2023, citing rough macroeconomic conditions as the…
OpenAI staff threaten resignation over Altman’s sack
Staff of the AI company OpenAI’s has threatened to quit and join former boss Sam Altman at Microsoft’s new division if the…
CBN postpones MPC meeting
Juliet Buna The Central Bank of Nigeria has postponed the Monetary Policy Committee meeting yet again after the same was done in…
FG bags $2.2bn Sun Africa deal to develop power sector
By Wilson Adekumola The Federal Ministry of Power has disclosed that Sun Africa LCC has promised $2.2 billion to develop Nigeria’s…
Sam Altman not returning to OpenAI – interim CEO Shear
Sam Altman will not be returning to his role as CEO of OpenAI, Emmett Shear, the former head of Twitch, who took…