Category: Business

OpenAI warns businesses against using low-cost Chinese AI models

OpenAI Chief Financial Officer Sarah Friar has warned that businesses using low-cost Chinese AI models...

Ghana repatriates 120 Nigerians rescued from cybercrime operations

Ghana has repatriated 120 Nigerians arrested during a cybercrime crackdown, with authorities alleging that they...

CAF raises funding for 54 member associations by 33%

The Confederation of African Football has increased its annual financial support to its 54 member...

Cyber-attacks threaten public trust in financial system, BoE, IMF warn

The heads of the Bank of England and the International Monetary Fund have warned that...

Union urges reps to reject proposed soft drinks tax amendment

The National Union of Food, Beverage and Tobacco Employees has called on the House of...

Shell to exit Nigerian gas distribution business with Vaaris deal

Shell Plc has agreed to sell its entire stake in Shell Nigeria Gas Group, which...

NCC begins device verification to curb counterfeit phones

The Nigerian Communications Commission has registered about 231 million telecommunications devices in Nigeria as it...

FG plans N5.75tn bond sales in fourth quarter

The Debt Management Office plans to raise N5.75tn through Federal Government of Nigeria bonds in...

PenCom introduces automated system to track pension defaulters

The National Pension Commission has introduced an automated system for calculating penalties imposed on employers...

US work permit rejection rate hits 44% as denials rise

The United States Citizenship and Immigration Services rejected 35,767 work permit applications from foreign nationals...

Berkshire Asset Management opens subscription for ₦2bn money market fund

Berkshire Asset Management Limited has opened subscriptions for its N2 billion Money Market Fund, allowing...

eTranzact reconstitutes board after trademarks global acquires 56.18% controlling stake

eTranzact International Plc has reshaped its board following the acquisition of a controlling 56.18% stake...