The Central Bank of Nigeria (CBN) has successfully raised ₦598.33 billion through the sale of Nigerian Treasury Bills (NTBs) in its latest auction, reflecting strong investor appetite driven by excess liquidity in the financial system. The bulk of the proceeds—approximately ₦482.62 billion—came from the 365-day tenor, which garnered the highest demand and accounted for nearly…
In what would mark its largest acquisition to date, OpenAI is reportedly set to acquire Windsurf, an AI-powered coding assistant formerly known as Codeium, for a staggering $3 billion. According to sources familiar with the matter, the deal is not yet finalized but is expected to significantly strengthen OpenAI’s position in the competitive landscape of…
The Joint Admissions and Matriculation Board (JAMB) has released a detailed statistical report on the 2025 Unified Tertiary Matriculation Examination (UTME), shedding light on national performance trends and raising fresh concerns about the quality of education and exam preparedness in Nigeria. According to data shared by JAMB on its official X (formerly Twitter) handle on…
Brazilian police announced on Sunday that they had successfully thwarted a plot to carry out a bomb attack during Lady Gaga’s highly anticipated mega-concert in Rio de Janeiro. The free beachside concert, held in Copacabana on Saturday night, reportedly drew a staggering crowd of up to two million fans — marking the pop icon’s first…
In a historic moment for American business, Warren Buffett has officially announced that he will step down as Chief Executive Officer of Berkshire Hathaway at the end of 2025. The 94-year-old investment legend made the announcement during Berkshire’s annual shareholders meeting on Saturday, naming Vice Chairman Greg Abel as his successor. “I think the time…
Millions of Nigerians may soon lose access to Facebook and Instagram as tech giant Meta faces mounting pressure from local regulatory agencies. The U.S.-based company has warned that it could be forced to shut down its services in Nigeria due to what it describes as “unrealistic” regulatory demands and steep financial penalties imposed by Nigerian…
The Economic and Financial Crimes Commission (EFCC) has issued a public notice declaring 41-year-old Elie Bitar as wanted in connection with an alleged fraud scheme involving the online trading platform, Crypto Bridge Exchange (CBEX). In a statement released on the EFCC’s official X (formerly Twitter) account and signed by Head of Media and Publicity, Dele…
Just 100 days into President Donald J. Trump’s second term, America’s wealthiest individuals are feeling the sting of a turbulent economy. According to a recent Forbes report, U.S. billionaires have collectively lost more than $300 billion since Inauguration Day on January 20 — marking one of the most dramatic early-term wealth contractions in modern history….
In a deeply emotional and historic moment for one of America’s most influential churches, Bishop T.D. Jakes announced on Sunday that he is stepping down as Senior Pastor of The Potter’s House in Dallas, Texas. The spiritual leadership of the globally recognized nondenominational megachurch will now be passed on to his daughter, Sarah Jakes Roberts,…
Meta Platforms, the parent company of Facebook, has officially launched a standalone app for its Meta AI assistant, signaling a bold new step in the company’s quest to dominate the competitive AI landscape. This move places Meta in direct competition with AI giants like OpenAI (backed by Microsoft) and Google, as it ramps up its…
