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Top 10 billionaires in the world 
featured

Top 10 billionaires in the world 

The Forbes Real – Time Billionaires list has revealed that Elon Musk is the world’s wealthiest person as of 18 January 2024, with a staggering net worth of over $227 billion. He is the CEO of a number of companies, including electric car manufacturer Tesla and space exploration company SpaceX and his recently purchased Twitter now known […]

Meta’s director Sheryl Sandberg steps down
Tech

Meta’s director Sheryl Sandberg steps down

The former chief operating officer of Meta, Sheryl Sandberg, on Wednesday said on Facebook that she will be leaving her role as a director of the company in May when her term comes to an end. In the post, Sandberg stated, “Meta business is strong and well-positioned for the future, so this feels like the […]

Equity market loses N92bn as stocks tumbles
featured

Nigeria’s stock market crosses 90,000 mark

Nigeria’s stock market is now the greatest in the world, according to a strong close on Wednesday that helped it overcome Argentina, which it trailed last week. BusinessDay reported that the Nigerian Exchange Limited All Share Index climbed 2.38 per cent on Wednesday, reaching the 90,000 mark as bulls dominated trading. The market is up 20.45 per […]

Dangote Plc becomes most valuable company in Nigeria
Business

Dangote Plc becomes most valuable company in Nigeria

Dangote Cement Plc on Wednesday, surpassed Airtel Africa Plc to become the most valuable company on the Nigerian Exchange Limited, with a 9.98 percent increase in share price. In little than a week, the richest man in Africa rose from third place to the top with his main firm. On November 1, 2023, Airtel Africa […]

Oil and Gas

No plan to leave Nigeria – Shell

Shell Plc has dismissed reports that it may leave Nigeria after selling its onshore business in the Niger Delta. Recall that Shell said on Tuesday that it has “reached an agreement to sell its oil business in the Niger Delta, the Shell Petroleum Development Company of Nigeria Limited” to Renaissance Africa Energy. The announcement sparked a […]

Crude hits $83 as Nigeria's export passes 1.4mbpd
Oil and Gas

Nigeria’s crude oil production hits 1.4mbd – OPEC

A report published by the Organization of Petroleum Exporting Countries, has revealed that Nigeria’s crude oil production will increase to 1.418 million barrels per day in December 2023. The PUNCH reported that Nigeria’s crude oil output grew by 100mb/d from 1.319mbpd in November, according to secondary sources cited by OPEC in its Monthly Oil Market Report for […]

Top ten oil producing countries in Africa
Oil and Gas

Top ten oil producing countries in Africa

It has been a turbulent year for Africa’s top oil producers, with global oil demand falling 11% in the first half of 2020 and OPEC+ eliminating 9.7 million barrels per day from the market in a historic agreement last April. African producers are now attempting to increase output to pre-COVID-19 levels as OPEC progressively reduces […]

Samsung sees US trade deal as boost amid Tesla chip order
Tech

Samsung embeds AI features in Galaxy S24 smartphones

The latest high-end smartphones from Samsung Electronics, which were launched on Wednesday, will have many AI features. The AI features which are from Google also include simultaneous translation of phone conversations into other languages, the company said. According to data source International Data Corporation, Apple overtook Samsung in 2023 smartphone shipments and opened a new […]

Google releases AI multisearch feature
Tech

Google releases AI multisearch feature

Google on Wednesday, launched an AI-powered tool in the US that lets users use their phones to concurrently search with text and images. At the Samsung Electronics Unpacked event, the Alphabet-owned company said that users of smartphones including the Pixel 8, Pixel 8 Pro, and the new Samsung Galaxy S24 series will be able to […]

Top 10 African countries with highest fuel price in 2024
Oil and Gas

Top 10 African countries with highest fuel price in 2024

A significant increase has hit the prices of fuel across the globe, especially in Nigeria following the removal fuel subsidy, which marked the beginning of the Bola Tinubu era in 2023. Since then, Nigerians have experienced a surge in the price of petroleum motor spirit from about N198/N200 per liter to over N1300 per liter. […]

Top 10 countries with lowest fuel prices in 2024
Oil and Gas

Top 10 countries with lowest fuel prices in 2024

A report titled “Gasoline Prices” has examined petrol prices in various countries has revealed the top 10 countries with the lowest petrol prices in 2024. Globally, the average cost of a liter of gasoline is 1.30 USD. However, these costs vary significantly between countries. Petrol costs are critical to global economies, and prices vary significantly among […]

Amazon launches AI image generator for TVs
News Tech

Amazon launches AI image generator for TVs

Amazon on Wednesday launched the feature to create AI-generated images on Fire TV devices. Users who own a second-generation Fire TV Stick 4K Max or Fire TV Omni QLED Series device can use the functionality in the United States as of this Wednesday. Amazon’s Titan Image Generator, which it unveiled at its AWS re: Invent […]

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