Category: News

Xiaomi to invest $6.9bn in chip design over next decade

Chinese tech giant Xiaomi has announced plans to invest at least 50 billion yuan (approximately...

Tinubu grants approval for multibillion-dollar kolmani oil project

President Bola Tinubu has granted all necessary regulatory approvals for the issuance of critical licences...

Two dead, many injured as Mexican navy ship crashes into US bridge

A Mexican Navy training ship collided with New York’s Brooklyn Bridge, resulting in two deaths...

xAI updates Grok S’Africa’s ‘white genocide’ remarks controversy

Elon Musk’s artificial intelligence startup, xAI, has acknowledged an unauthorized alteration to its Grok chatbot...

Humanoid robots will aid, not replace, human workers – China

Humanoid robots will not lead to mass unemployment or replace human labor, a Chinese official...

OpenAI tipped to join UAE mega data center project

Artificial intelligence firm OpenAI is reportedly in talks to become a major participant in a...

New Zealand drops translation requirement, eases visa process

Beginning May 26, 2025, New Zealand will simplify its visitor visa application process by removing...

Diaspora Nigerians to pay ₦80,000 for remote BVN

Nigerians living abroad will now be required to pay $50 (approximately ₦80,000) to obtain a...

NELFUND to launch vocational loan scheme in Enugu by July

The Nigerian Education Loan Fund has announced plans to extend its student loan scheme to...

Ecobank raises $125m in oversubscribed Eurobond issuance

Ecobank Transnational Incorporated has raised $125 million through the issuance of 10.125% Senior Notes due...

AI Startup Cohere doubles revenue as demand for tools grows

Artificial intelligence startup Cohere has more than doubled its annualized revenue since the beginning of...

TikTok launches feature for quality sleep amid lawsuits

In a move aimed at promoting mental well-being and healthier screen habits, TikTok has officially...