In a groundbreaking move that signals a shift in how telecoms and tech giants collaborate, MTN Group has announced a partnership with Meta aimed at enhancing the quality and reliability of real-time voice and video calls on platforms like WhatsApp. The collaboration, which began taking shape during the Mobile World Congress (MWC) 2024, is focused…
Nigeria’s crude oil production took a hit in the first quarter of 2025, reflecting the impact of global price volatility and waning international demand as trade tensions intensify. According to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), daily crude oil output averaged 1.40 million barrels per day (mbpd) in March — a decline…
After a steep decline that saw Pi Network (PI) lose over 86% of its value since its February peak, the token is now showing signs of life. Over the weekend, Pi coin surged to $0.7375 — a bounce of over 80% from its April lows — signaling a possible bottoming out. It’s the highest level…
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has thrown its full support behind the Federal Executive Council’s recent decision to continue the implementation of the Naira-for-Crude policy—an initiative the association believes could mark a major turning point for the country’s energy landscape. Speaking with journalists in Abuja, PETROAN’s National Public Relations Officer,…
Artificial intelligence is transforming the world at lightning speed — and it’s taking our power grids along for the ride. According to a new report from the International Energy Agency (IEA), global electricity consumption by data centers is set to more than double by 2030, fueled largely by the massive energy demands of AI technologies….
In a staggering and long-awaited move toward justice, Los Angeles County has agreed to pay a record-breaking $4 billion to settle thousands of sexual abuse claims involving children in its care—marking what could become the largest settlement of its kind in U.S. history. Announced Friday, the agreement aims to compensate nearly 7,000 survivors who were…
In a new twist to the ongoing TikTok saga, President Donald Trump announced on Friday that he is extending the deadline for the popular video-sharing app to secure a non-Chinese buyer—or face a complete ban in the United States. Posting on his social media platform, Truth Social, Trump said: “A transaction requires more work to…
Japan is doubling down on its efforts to reclaim its position in the global semiconductor industry, announcing an additional $5.4 billion in funding for chip-making venture Rapidus. The latest investment, revealed by Japan’s industry ministry on Monday, brings total government support for the company to 1.7 trillion yen ($11.4 billion). Rapidus, a consortium backed by…
Elon Musk has announced the merger of his artificial intelligence startup, xAI, with his social media platform, X. The all-stock deal values xAI at a staggering $80 billion, while X is valued at $33 billion. Both companies, privately owned and controlled by Musk, share a roster of high-profile investors, including Andreessen Horowitz, Sequoia Capital, Fidelity…
Mark Zuckerberg, CEO of Meta, has officially secured a spot among the world’s top three billionaires for the first time, with an astonishing net worth of $242 billion. According to the Hurun Global Rich List 2025, the 40-year-old tech mogul saw his fortune skyrocket by 53%, adding $84 billion over the past year. This surge…
