Tinubu Launches Training Programme for 5,000 Young Nigerians Under Presidential Metering Initiative

President Bola Tinubu has announced a new skills development programme that will train 5,000 young Nigerians as meter installers and technicians under the Presidential Metering Initiative (PMI), a move aimed at tackling Nigeria’s electricity metering gap while creating employment opportunities for young people. The President made the announcement in a statement shared on his verified…

Elon Musk Predicts AI and Robots Will Make Work Optional, Says Universal High Income Is the Future

Tech billionaire Elon Musk has shared a bold vision of the future, predicting that advances in artificial intelligence and robotics will eventually transform the global workforce by making paid employment optional. In a post on X, the Tesla and SpaceX CEO argued that the rapid evolution of AI, combined with increasingly capable robots, will reach…

Amazon Set to Launch Satellite Internet Service, Taking on SpaceX’s Starlink

Amazon is preparing to enter the satellite broadband market later this year as it moves closer to launching internet services through its Project Kuiper low Earth orbit (LEO) satellite network, positioning the company as a major competitor to SpaceX’s Starlink. The milestone follows Amazon’s latest satellite deployment, which saw 29 new satellites successfully launched into…

Alleged PFIPC Director-General Denies Wrongdoing, Says Court Will Reveal the Truth

Prince Adeniyi Adeyemi, the man at the centre of the controversy surrounding the alleged Presidential Foreign Intervention Promotion Council (PFIPC), has denied any wrongdoing, insisting that he was lawfully appointed and is prepared to defend himself in court. Adeyemi, who has publicly identified himself as the Director-General of the disputed organisation, made the remarks during…

Open Standard Unveils OUSD Stablecoin with Backing from Visa, Mastercard, Stripe, BlackRock, Google and Over 140 Global Partners

A new chapter in the evolution of digital payments is set to begin as Open Standard has announced Open USD (OUSD), a stablecoin initiative backed by more than 140 global companies, including industry leaders such as Visa, Mastercard, Stripe, BlackRock, Google and Coinbase. The ambitious project aims to create a more open and collaborative stablecoin…

Binance Assures EU Users Their Assets Are Safe as MiCA Rules Take Effect

Binance has reassured customers across the European Union that their digital assets remain secure as the Markets in Crypto-Assets (MiCA) regulatory framework officially takes effect across the bloc. The cryptocurrency exchange said users affected by the new regulations will continue to have access to essential account services, including withdrawals and eligible fund transfers, even as…

Nigeria Customs Seizes Fake Medicines, Illicit Drugs Worth N53.39 Billion at Apapa Port

The Nigeria Customs Service (NCS) has intercepted counterfeit medicines, illicit drugs and expired pharmaceutical products with a combined Duty Paid Value (DPV) of N53.39 billion at the Apapa Port in Lagos, marking one of the country’s largest anti-smuggling operations in recent years. The Comptroller-General of Customs, Bashir Adewale Adeniyi, announced the breakthrough during the official…