The UK government has unveiled major immigration reforms, amending 42 rules. The new deportation rules target foreign offenders while streamlining visa applications.
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Top 6 sectors attracting billions of dollars in investments to Nigeria in 2026
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BUA promises cheaper food, set to become Nigeria's biggest food company
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UK updates visa rules, confirms list of countries needing entry clearance for visits under 6 months
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OpenAI releases Sora AI video generator to public
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FarmerMoni: FG opens portal for 22,000 Nigerians to apply for N300,000 interest-free loans
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AI personal shoppers hunt down bargain buys
Internet giants are diving deeper into e-commerce with digital aides that know shoppers' likes, let them virtually try clothes on, hunt for deals and even place orders. Shoppers can then set the price they would pay and leave the AI to relentlessly browse the internet for a deal -- alerting the shopper when it finds one, and asking if it should buy using Google's payment platform.
Meta AI bot used a billion times monthly: Mark Zuckerberg
Meta chief Mark Zuckerberg touted the tech firm's generative artificial intelligence (Gen AI) assistant on Wednesday, telling shareholders it is used by a billion people each month across its platforms.
US trade court blocks tariffs in major setback for Trump
A US federal court on Wednesday blocked most of Donald Trump's sweeping import tariffs from going into effect, ruling that the president had overstepped his authority with the across-the-board global levies.
Nvidia earnings beat expectations despite US export controls
Nvidia on Wednesday reported earnings that topped market expectations, with a $4.5 billion hit from US export controls being less than the Silicon Valley chip juggernaut had feared.
US firms plan to pass Trump tariff costs to consumers: Fed minutes
US firms have warned the Federal Reserve that the cost of President Donald Trump's tariffs will likely be borne by consumers, according to minutes of the bank's most recent rate decision.
OPEC+ meets as oil output hike looms
Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike looms despite falling prices. OPEC+ ministers in their online meeting Wednesday reaffirmed the alliance's collective policy, according to a joint statement.
Telegram to get $300 mn in partnership with Musk's xAI
Telegram established a partnership with Elon Musk's xAI to provide the Grok generative artificial intelligence program on the messaging service for one year, Telegram's CEO announced Wednesday.
Longer flight delays without compensation? EU plan divides
The EU is considering allowing airlines to incur longer flight delays without having to compensate passengers in a move that has consumer groups up in arms and is dividing member states. It would also have stripped about 75 percent of passengers of the right to compensation, said Europe's BEUC umbrella consumer rights group.
Naira falls as new report shows 10 strongest currencies in Africa in May 2025
A recent ranking has shown the African countries with the strongest currencies in May 2025, as the Nigerian currency, the naira, fell after a week-long rise.
Economy
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