US Sanctions Lagos-Based Nigerian and Three Bureaux de Change Over Alleged ISIS Financing

The United States government has imposed sanctions on a Lagos-based Nigerian businessman, Mukhtar Adamu Muhammad, and three bureaux de change allegedly linked to him over claims that they facilitated financial transactions for the Islamic State West Africa Province (ISWAP). The sanctions were announced by the U.S. Department of the Treasury through its Office of Foreign…

OpenAI Unveils First Custom AI Chip ‘Jalapeño’ in Bid to Reduce Dependence on Nvidia

OpenAI has unveiled its first custom-built artificial intelligence chip, marking a major milestone in the company’s efforts to strengthen its computing infrastructure and reduce its reliance on Nvidia’s highly sought-after AI processors. The new chip, named Jalapeño, was developed in collaboration with semiconductor giant Broadcom and is specifically designed to handle AI inference—the process that…

Ferrari Shakes Up Marketing Leadership After Backlash Over Controversial Luce EV Launch

Ferrari has announced a major leadership change in its commercial and marketing division following growing criticism tied to the unveiling of its first electric vehicle, the Luce EV. In a statement released on Tuesday, the luxury automaker confirmed the appointment of Massimiliano Di Silvestre, currently President and CEO of BMW Group Italy, as its new…

Tinubu Sends State Police Bill to Senate in Major Push for Security Reform

President Bola Ahmed Tinubu has taken a significant step toward overhauling Nigeria’s security structure by transmitting a Constitution Alteration Bill to the Senate seeking the establishment of state police across the country. The proposed legislation, which was formally presented to lawmakers during Tuesday’s plenary session, is aimed at creating a constitutional framework that would allow…

Eric Chelle Secures New Super Eagles Contract, Takes Charge of Nigeria’s U-23 Team

Nigeria’s national football team head coach, Eric Chelle, is set to continue his journey with the Super Eagles after reaching an agreement on a new contract with the Nigeria Football Federation (NFF) and the National Sports Commission (NSC). The development was confirmed by the Chairman of the National Sports Commission, Shehu Dikko, following a strategic…

Allen Onyema Calls for Economic Boycott of South Africa Over Renewed Xenophobic Attacks

Air Peace founder and Chief Executive Officer, Allen Onyema, has called on Nigerians to boycott South Africa and stop investing in the country following renewed xenophobic attacks targeting foreign nationals, including Nigerians. Speaking during an exclusive interview on ARISE News on Monday, Onyema expressed deep concern over the recurring violence against Nigerians living and working…

General Motors Faces Union Backlash After Replacing Over 1,000 Workers With Robots

General Motors has come under intense criticism from labor unions after replacing more than 1,000 workers with robotic systems at one of its major manufacturing facilities in Detroit, Michigan. The move is part of the automaker’s broader effort to modernize its production process through automation. At its Factory ZERO assembly plant, GM has introduced approximately…

Abuja Motorists Question High Fuel Prices Despite Sharp Drop in Global Crude Oil Costs

Motorists in Nigeria’s capital city, Abuja, are expressing growing frustration over the continued high cost of petrol despite a significant decline in global crude oil prices. The concerns come as international oil prices have fallen sharply, dropping from around $150 per barrel to below $80 per barrel following the easing of tensions between the United…