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

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Capital projects not abandoned despite low funds – Finance

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Tag: Japan

Energy

Japan restarts world’s largest nuclear plant after years offline

Japan has restarted the world’s largest nuclear power plant, its operator confirmed Monday, following a previous attempt that was halted due to a minor technical issue. A monitoring alarm issue in January forced the first restart of the Kashiwazaki-Kariwa plant since the 2011 Fukushima disaster to be suspended. The Tokyo Electric Power Company announced that […]

Travel

China warns citizens against travelling to Japan over security threats

China warned its citizens on Monday against travelling to Japan during the upcoming Lunar New Year holiday, citing deteriorating public security, with Tokyo and Beijing locked in a diplomatic spat. Japanese Prime Minister Sanae Takaichi’s suggestion in November that Tokyo could intervene militarily in any attack on Taiwan triggered a sharp backlash from China. That […]

Business

Diageo sells East African breweries stake to Japan’s Asahi Group

Diageo Plc, the British multinational alcoholic beverage corporation, has reached an agreement to sell its 65 percent controlling stake in East African Breweries Plc to the Japanese firm Asahi Group Holdings. This landmark transaction represents the largest entry by a Japanese brewing company into the African alcoholic beverage sector. The announcement, released on Wednesday, details […]

Travel

No special visa for Nigerians, says Japan’s Kisarazu city

Kisarazu City in Japan, has dismissed suggestions that its designation as Nigeria’s “hometown” under the JICA Africa Hometown Certification is connected to immigration or visa arrangements for Nigerians. Mayor Yoshikuni Watanabe clarified in a statement on Tuesday that although the city received the recognition during the JICA Africa Hometown Summit at TICAD9, it carries no […]

TICAD9: Ministry clarifies Nigerian booth at Tokyo conference
News

TICAD9: Ministry clarifies Nigerian booth at Tokyo conference

Nigeria’s Ministry of Foreign Affairs has denied suggestions that the country abandoned its stand at the ongoing Tokyo International Conference on African Development, insisting the booth had not yet been opened and is scheduled for formal inauguration on Thursday. In a statement released late Tuesday, the ministry said: “Contrary to a tweet made by a […]

US considers equity stakes in chipmakers under CHIPS act
News

Trump signs $550bn trade deal with Japan

United States President Donald Trump has announced what he describes as a landmark trade agreement between the United States and Japan, valued at $550 billion. In a social media post, Trump declared the deal as “perhaps the largest ever made,” claiming it will channel massive Japanese investment into the U.S. economy. According to him, the […]

featured

Travelers cancel Japan trips after comic book predicts earthquake

Holiday bookings to Japan from major Asian markets have dropped sharply ahead of the summer travel season, driven by rumours of a looming earthquake predicted in a manga graphic novel. Social media and viral posts have unsettled travelers, drawing renewed attention to manga artist Ryo Tatsuki’s forecast of a massive earthquake followed by tsunami waves […]

X to begin recruitment of Japanese engineers
News Tech

X to begin recruitment of Japanese engineers

The CEO of social networking platform X, Linda Yaccarino said in a post on Thursday that the company will begin hiring developers in Japan. Yaccarino was quoted by Nikkei earlier this year as saying that X would create an app development team and begin hiring engineers in 2024 to create features and advertising solutions for […]

News Tech

Japan probes antimonopoly laws’ violation by Google

The Japanese Fair Trade Commission, on Monday, announced that it has begun looking into Google for a potential violation of antimonopoly laws in web search services. According to the Japan Fair Trade Commission, it is being looked into whether Google violated the country’s Antimonopoly Act by giving Android smartphone manufacturers a portion of its earnings […]

OpenAI mulls $500bn valuation in employee share sale talks
News Tech

Reduce overdependence on products, Japan tells AI companies

The Japanese government has tasked commissions, companies  and organisations using artificial intelligence will be forced to take steps to lessen the risk of over-dependence on the technology, according to proposed rules. The proposed guidelines also caution AI programmers against using skewed data for machine learning and advise them to keep track of their interactions with […]

Japanese PM Kishida to lay out AI regulations
News Tech

Japanese PM Kishida to lay out AI regulations

Japanese Prime Minister Fumio Kishida will lay out regulations for generative AI developers during a speech on Monday in Kyoto, according to the Yomiuri Shimbun newspaper. By assisting the public in differentiating between images and information produced by AI and those that aren’t, the guidelines seek to prevent misinformation, according to the Yomiuri. The recommendations […]

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