DeepSeek claims its ‘reasoning’ model beats OpenAI’s o1 on certain benchmarks
Chinese AI lab DeepSeek has launched an open-source version of its reasoning model, DeepSeek-R1, which is now…
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BudgIT Emphasizes NBS Independence in GDP and CPI Rebasing
BudgIT, a nonprofit focused on government transparency, has underscored the importance of the National Bureau of…
Wale Edun declares Nigeria’s electricity sector open for investment
Wale Edun, Nigeria’s Minister of Finance, has announced that the country’s electricity sector is open for…
FG should limit contracts to firms listed on NGX — Expert
Mr. Ugodre Obi-Chukwu, CEO of Nairametrics, has called for the Nigerian government to award construction contracts…
Experts Urge Investment in AI to Bridge Educational Gaps in Underserved African…
At the 4th World Education Day Conference (WEDC25), experts called for increased investment in Artificial…
Nigeria to partner Switzerland for economic collaboration – Akpabio
Nigeria's Senate President, Godswill Akpabio, has advocated for a stronger economic partnership with Switzerland,…
CBN Waives 2025 License Renewal Fee for BDC Operators
In a bid to ease financial pressures on Bureau De Change (BDC) operators, the Central Bank of Nigeria (CBN) has…
US Investigates United Airlines Flight That Returned to Nigeria After Mid-Air…
The US National Transportation Safety Board (NTSB) has launched an investigation into a United Airlines flight…
Currency Markets Roiled by Tariffs and AI Uncertainty
Global currency markets experienced sharp volatility as new U.S. tariff threats and concerns over artificial…
SAP sees higher operating profit, cloud revenue growth in 2025
SAP, Europe's largest software company, has raised its 2025 financial outlook, citing strong growth in cloud…
SEC to intensify monitoring of capital market operators – Agama
The Securities and Exchange Commission (SEC) has reaffirmed its commitment to stricter monitoring of capital…
LCCI Urges Telecom Operators, Regulator to Improve Service Quality Amid Tariff…
The Lagos Chamber of Commerce and Industry (LCCI) has urged telecom operators and regulators to enhance service…
USSD debt: NCC, telcos rule out deadline extension for banks
The Nigerian Communications Commission (NCC) and telecommunications companies have refused to extend the deadline…
Nigerian Stock Market Gains N795bn As Bullish Run Boosts Investor Confidence
The Nigerian stock market kicked off the week on a strong bullish trend, with the All-Share Index (ASI) rising by…
Tinubu Arrives Dar Es Salaam to Attend African Leaders Energy Summit
President Bola Tinubu arrived in Dar es Salaam, Tanzania, on Sunday to participate in the Mission 300 Africa…
CFG Report: Banks Charge High Lending Rates to Compensate for High Regulatory…
A recent report by CFG Advisory highlights that Nigerian banks impose high lending rates to offset the costs of…
Tax: UBA Hosts Knowledge Series for SMEs, Business Owners
United Bank for Africa (UBA) Plc is organizing a special Knowledge Series webinar to educate Small and Medium…
Asia equities slide with US stock futures on China’s AI push; dollar firms
Asian stock markets and U.S. futures fell on January 27 as investors reacted to the launch of DeepSeek, a Chinese…
FG Unveils 2025 Outlook for Economic Diversification and Prosperity
The Nigerian government, led by Dr. Jumoke Oduwole, Minister of Industry, Trade, and Investment, is prioritizing…
SEC Warns Against Investing in Risevest and Stecs Cooperative Societies
The Securities and Exchange Commission (SEC) has issued a warning to the public, advising against engaging with…
Inflation, poverty rate dip Nigeria-China trade to $20b in 2024
In 2024, trade volume between Nigeria and China fell to approximately $20 billion, a decline from the $22.6…
PenCom releases additional N22bn for pension’s settlement
The National Pension Commission (PenCom) announced that the Office of the Accountant General of the Federation…
Telcos await NCC guidelines on 50% tariff hike
Telecommunications operators in Nigeria are awaiting guidelines from the Nigerian Communications Commission (NCC)…
Asian stocks drop after Trump’s huge tariff threats
Asian stock markets fell on Monday following Donald Trump’s announcement of steep tariffs on Colombian goods in…
CERT-In issues urgent security alert over vulnerabilities in Google Chrome
The Indian Computer Emergency Response Team (CERT-In) has issued an advisory for users of the Google Chrome…
OpenAI to face Indian news firms of Ambani, Adani in copyright battle, documents…
Indian digital news outlets, including those owned by billionaires Mukesh Ambani and Gautam Adani, have filed a…
Emerging market investors eye frontier assets shielded from Trump’s tariff…
Amid growing global uncertainties, including rising U.S. tariffs and geopolitical tensions, investors are…
Trump policies may weigh on foreign inflows, naira stability
Analysts warn that President Donald Trump’s economic policies, including a strong dollar and increased oil…
Trump: Nigeria, other emerging markets at risk of capital flight –JP Morgan
JP Morgan has warned that emerging markets, including Nigeria, face significant capital outflows due to global…
MTN, Transcorp Power Drive Stock Market Gains
The Nigerian stock market ended the week on a strong note, largely driven by increased demand for MTN Nigeria…