Nigerians have started reacting to the renewed threat on Nigeria by US President Donald Trump as a powerful lawmaker reiterated a major claim after Sokoto bombing.
The Presidential Fiscal Policy and Tax Reforms Committee has responded to KPMG’s assessment of Nigeria’s new tax laws, in which the firm identified "errors".
There are growing doubts about a pledge by rich nations to provide more climate finance to poorer nations, as foreign aid budgets are slashed and the US guts environmental spending.
Asian investors struggled Thursday to build on much-needed gains on Wall Street as a below-forecast read on US inflation was offset by ongoing concerns about President Donald Trump's trade war.
Intel on Wednesday announced tech industry veteran Lip-Bu Tan as its new chief executive, boosting shares of the US computer chipmaker struggling to catch up in the AI race. Intel's niche has been in chips used in traditional computing processes being eclipsed by the AI rage.
Since ChatGPT burst onto the scene in late 2022, generative artificial intelligence (GenAI) models have been vying for the lead - with the US and China hotbeds for the technology. The Tesla tycoon bought Twitter in late 2022.
China-based DeepSeek shook up the world of generative artificial intelligence (GenAI) early this year with a low-cost but high-performance model that challenges the hegemony of OpenAI and other big-spending behemoths. But then DeepSeek upended the sector with its R1 model, which it said cost just $6 million or so, powered by less-advanced chips.
Mobile games giant Scopely will pay $3.5 billion to acquire Niantic's game unit including the studio behind Pokemon Go, the companies announced on Tuesday. Scopely said the deal, valued at $3.5 billion, will bring it Niantic's entire team of game makers. gc/dw
Several areas of Lagos state have been thrown into darkness for days. Transmission Company of Nigeria (TCN) explained the reason, and gave the date power will return
The Minister of Budget and Economic Planning, Atiku Bagudu, said that Nigeria has attracted four lithium plants nationwide to boost the solid minerals sector.
Economy
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