Microsoft Launches Cost-Effective Lightweight AI Model, Phi-3-mini

Microsoft has introduced a new lightweight artificial intelligence model...

Why Tinubu Must Save The Voices Of Truth By Godwin Onyeacholem

This is real. Let no one begin to think...

Learning Responsibility: A Lesson for Lead British Academy from Regents, By Rajiu Mohammed

In the recent incident involving Lead British Academy in...

U.S. President Biden Signs Law to Force Sale of Chinese-Owned TikTok

President Biden has taken a decisive step in America's...

Foreign Policy

Today: Browse our editor's hand picked articles!

USA Invests $15 Million, Trains 46,000 Nigerian Troops for Northern, Middle-Belt Dispute Resolution

The United States, through the U.S. Agency for International...

President Tinubu to Undertake Official Visit to Netherlands, Saudi Arabia for High-Level Talks

President Bola Tinubu is poised to embark on an...

Oluseun Omole, Nigerian Citizen in Texas Found Guilty in $12 Million Wire Fraud Conspiracy

The United States Attorney for the Southern District of...

Nigeria Revokes 924 Dormant Mining Titles, Invites New Investors

ABUJA, April 24 - Nigeria has taken immediate action to revoke 924 dormant mining titles and is inviting investors to apply for the affected...

The BigRead

How Google lost ground in the AI race

The Silicon Valley group has stumbled in the rollout...

“NERC’s Tariff Hike: Balancing Electricity Subsidy and Affordable Electricity for All Nigerians”

The recent decision by the Nigerian Electricity Regulatory Commission...

Public procurement in Nigeria: How President Tinubu can reform the unreformable

By Adedeji Adeniran and Isiaka Akande Raifu Leakages, inefficiencies,...

Unlocking Ondo State’s Mineral Wealth: An In-depth Analysis

Ondo State, a land brimming with untapped mineral resources,...

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Consumer + Price

The Nigerian Economy

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Markets + Investing
Markets & Investing

Nigerian Bourse Declines, All Share Index Drops by 0.35%

April 24, 2024. Azonuchechi Chukwu. It was bearish session on the...

Net Foreign Exchange Inflow Increases by 7.3% to $33.9 Billion in 2023 Despite Low Dollar Inflow

The net foreign exchange (Forex) inflow into the economy...

FPIs Surges by 167.8% in Nigerian Stock Market, Reaching N118.92 Billion in February 2024

Foreign portfolio investment (FPI) in Nigeria's stock market experienced...

SEC Mandates Custody of Funds, Over N2.36 Trillion Now Under Custody

The Securities and Exchange Commission (SEC) has disclosed that...

Stock market advances by 0.13%, as investors gain N71bn

April 23, 2024. Azonuchechi Chukwu. Transactions on the floor of the...

Banking Sector Sell-Off Persists as Investors Lose N1.57 Trillion Ahead of CBN Recaps Exercise

Last week witnessed a continued massive sell-off in the...

Monetary + Fiscal Policy

Naira depreciates to N1,300 per dollar in official market

April 24, 2024. Azonuchechi Chukwu. The Naira depreciated on Tuesday, April...

CBN Sells $10,000 at N1,021/$1. to Each Licensed BDC Operator

  The Central Bank of Nigeria (CBN) has announced the...

Naira depreciates by 6% against Dollar at the official market

April 23, 2024. Azonuchechi Chukwu. The Nigerian Naira on Monday depreciated ...

Naira Plummets to N1,250 per Dollar in Parallel Market

The Naira experienced a significant decline yesterday, dropping to...

Commodities

Nigeria Faces Cocoa Supply Threat as Prices Hit Record Highs Amid Forecasted Flooding

Cocoa Futures Surge to Record Highs Amid Supply Stress...

Nigeria’s Cocoa Farmers Targets Double Premium Production Compared to Ivory Coast, Ghana

Comrade Adeola Adegoke, the National President of the Cocoa...

Heavy Rainfall in Ibadan Revives Hopes for Nigeria’s Cocoa Harvest

Traders in Nigeria's largest cocoa-producing region, Ibadan, have reported...

Nigeria, West Africa Eyes Brazil’s Cocoa Industry Revival Amidst Global Shortages

In the verdant landscapes of Brazil, cocoa production is...

Oil + Renewable

Oando Plc Pledges to Ramp Up Oil Production Following $78.71 Billion Loss in 2022

Oando Plc has announced its commitment to enhancing oil production and increasing cash inflows as part of its strategy to regain profitability. The Group Chief...

Again, Dangote crashes diesel, and Aviation fuel prices further to N940, N980 respectively

Dangote Petroleum Refinery has again announced a further reduction...

NNPC Ltd. and Partner Restart Awoba Field, Aim to Reach 12,000bpd Production

**BUSINESS Headline:** NNPC Ltd. and Partner Boost Production to...

IPMAN Anticipates Further Diesel Price Drop to N700/litre with Dangote Refinery’s Operations

The Independent Petroleum Marketers Association of Nigeria (IPMAN) anticipates...

Companies + Finance
Companies & Markets

PZ Cussons Contemplates Exiting African Market Amid Economic Challenges

PZ Cussons Plc announced yesterday that it has initiated a strategic review of its business in Africa, with the possibility of exiting the continent....

Access Holdings Plc Shareholders Approve $1.5 Billion Capital Raise

Access Holdings Plc shareholders have given unanimous approval to...

MRS Oil Plc Unveils Plan to Delist from Nigerian Exchange Limited

MRS Oil Plc has disclosed intentions to seek shareholders'...

Berger Paints Nigeria Plc Proposes 80 Kobo Final Dividend

Plans Ratification of Interim Dividend Berger Paints Nigeria Plc...

First Bank Appoints Segun Alebiosun as MD and CEO

According to sources familiar with the matter, Naija247news reports...

Access Holdings to Conduct N365bn Rights Issue Fully Digital

  Access Holdings, the parent company of Access Bank, has...

JUST IN: First Bank board meets over Adeduntan’s pre-retirement leave notice

First Bank Board of Directors is in a meeting...

“FBN Holdings Cancels Shareholder Meeting for N300 Billion Capital Raise Plan”

FBN Holdings has cancelled its Extraordinary General Meeting (EGM)...

BREAKING: First Bank MD proceeds on pre-retirement leave

The Managing Director of First Bank Plc Dr Adesola Kazeem...

Leadway Pensure Reports 25% Growth in Assets Under Management for 2023

  Leadway Pensure, a prominent pension fund administrator (PFA), has...

Business News

FCCPC summons Chinese supermarket owner over alleged discrimination

April 23, 2024. Azonuchechi Chukwu. The Federal Competition and Consumer Protection...

Chevron Nigeria Limited Warns Against False Recruitment Information

Chevron Nigeria Limited (CNL) has expressed concern over the...

Air Peace Refutes Claims of Passenger Abandonment at Gatwick Airport

Air Peace has refuted reports circulating on social media...

Nigeria Customs Generates Record N489bn at Apapa Port in Q1 2024

April 7,2024. The Apapa Command of the Nigeria Customs Service...

MultiChoice Board Reverses Decision: Imtiaz Patel to Remain Chairman During Canal+ Deal

In a surprising turn of events, the MultiChoice board...

CEO+Conversation

Green+ Environment

Politics + Govt

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State of The Nation

Four Persons Dies In Akwa-Ibom Auto Crash

April 24, 2024. Azonuchechi Chukwu. Four friends have died in an...

Former Police Chief and Lawyer Advocate for State Police Amidst Concerns of Potential Abuse

Former Inspector-General of Police, Mr. Sunday Ehindero, and a...

Dana aircraft skid off due to wet surface of the runway – Management

April 23, 2024. Azonuchechi Chukwu. The management of Dana Airlines has...

Outrage as student of Lead British School caught bullying schoolmate

April 23, 2024. Azonuchechi Chukwu. Videos of female students bullying a...

Security + Safety

Religion + Faith