Business

Alibaba to launch upgrade of flagship AI model Qwen 3

Alibaba Group, China’s tech and e-commerce giant, is set to release an upgraded version of its flagship AI model, Qwen 3, possibly later this month, according to a Bloomberg...

OpenAI says new image generator now available to free ChatGPT users globally 

OpenAI has expanded access to its advanced image-generation tool, previously limited to paying subscribers, making it available to all users.The company’s CEO, Sam Altman,...

Nigeria’s FX reserves soar to $23.11bn in 2024

Nigeria’s net foreign exchange reserves have seen a significant increase, rising to $23.11 billion by the end of 2024, the highest in over three...

Fidelity Bank’s pre-tax profit hits a record N385 billion in 2024, up 210% 

Fidelity Bank Plc has announced a pre-tax profit of N385.215 billion for the 2024 financial year that ended December 31, marking an impressive 210.01%...

Tinubu fires Mele Kyari, names Ojulari new NNPCL CEO

President Bola Tinubu on Wednesday removed Mele Kyari as Group CEO of the Nigerian National Petroleum Company Limited and appointed Bashir Bayo Ojulari as...

Alleged Fraud: Courts jail additional 17 convicted internet fraudsters in Benin 

Edo State High Courts sitting in Benin City have convicted and sentenced 17 additional internet fraudsters to various jail terms at a correctional centre.The...

Nigeria wealth fund reports 59% growth in profit 

The Nigeria Sovereign Investment Authority recorded a 59% increase in profit for the year ending in December, driven by higher earnings from investment securities...

FG to close Independence Bridge (Marina-bound) in Lagos for repairs starting April 1

The Federal Government has announced the closure of the Independence Bridge (Marina-bound) in Lagos for essential maintenance and rehabilitation from April 1, 2025, to...

Petrol prices to fall as local refineries start production – NIPSS

The National Institute for Policy and Strategic Studies has stated that with the Dangote Refinery and other local refineries beginning operations, Nigerians should anticipate...

Canadian region resumes immigrant nominee program with new changes following federal cuts 

The Government of Saskatchewan, a Canadian region,  has restarted its immigration program, the Saskatchewan Immigrant Nominee Program (SINP), with changes due to recent federal...

Hillary Clinton joins Bluesky amid growing shift from X

Former Secretary of State Hillary Clinton has joined Bluesky, marking a notable move as high-profile political figures continue to explore alternatives to X.Her arrival...