Nigerian industrial conglomerate BUA Group has denied claims that its 200,000 barrels per day refinery in Akwa Ibom is 90 per cent completed. In a statement…
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Meta quickly removed a number of its AI-derived accounts when real users started interacting with the bots and writing about their shoddy images, the propensity to…
The Central Bank of Nigeria (CBN) has reiterated that the 1,000 employees who chose to leave their positions in December 2024 were not compelled to do…
The Food and Agriculture Organisation (FAO) of the United Nations said Friday that the price of food commodities fell 2.1% globally in 2024 compared to the…
Telecommunications firms in Nigeria have suggested a 100 per cent increase in their rates and are awaiting regulatory approval from the Nigeria Communications Commission (NCC). This…
Apple has agreed to pay $95 million to resolve a civil lawsuit that claims the privacy-centric company used its virtual assistant Siri to eavesdrop on individuals…
African telecommunications giant MTN Group has transferred ownership of its subsidiary in the Republic of Guinea to the government. In a press release issued on Thursday,…
As 2025 begins, many Nigerians face mounting frustrations over cash scarcity, with banks’ Automated Teller Machines (ATMs) across most places in Lagos failing to dispense money.…
The Nigeria Customs Service (NCS), Area 2 Command in Onne, Rivers State, has announced a record-breaking revenue of N643 billion for 2024, surpassing its annual target…
The exchange rate between the naira and the US dollar closed at N1,535/$1 by the end of 2024, representing a 40.9% depreciation over the year. This…