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Compressed natural gas vehicles gain slow momentum in Nigeria
Car mechanic Adebola Omotosho has to drive eight kilometres across Nigeria's bustling commercial hub Lagos to fill his tank with compressed natural gas. In September 2023, Tinubu established the Presidential Compressed Natural Gas Initiative (PCNGI) to drive CNG adoption and ease Nigeria into a cleaner energy era.
CBN extends recapitalisation deadline for BDC operators over low compliance
The Central Bank of Nigeria (CBN) has extended the deadline for recapitalisation of BDC operations in Nigeria. ABCON President relayed this in a recent meeting.
NNPC denies disparity in crude oil production figures with NUPRC
NNPC Ltd clarified no discrepancies with NUPRC's crude oil figures, citing reporting period differences, confirming Nigeria's output rose to 1.8 mbpd in October.
Davido: VDM knocks Patrick Doyle, Nyma Dabiri for criticising singer, "Speaking without thinking"
VDM has reacted to those criticising Davido for saying foreigners should not come and invest in Nigeria. He shared what he will do if he was the interviewee.
Plastic pollution talks: the key sticking points
Nations gathered in Busan, South Korea have a week to agree the world's first treaty to curb plastic pollution, a gargantuan challenge given the major divisions that remain. Here is a look at the key sticking points: Consensus or majority Divisions between nations are so deep that they have not yet agreed on how any decision will be adopted -- by consensus or majority vote.
Indonesia rejects Apple's $100 million investment offer
Indonesia has rejected an Apple $100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the "fairness" required by the government. Despite the sales ban, the Indonesian government still allows iPhone 16 to be carried into Indonesia if they are not being traded commercially.
As AI gets real, slow and steady wins the race
In the wake of ChatGPT's dramatic arrival two years ago, companies are excited about generative AI's possibilities but heading into 2025 with careful deliberation rather than rushing to transform their operations. - 'Verify everything' - While AI excels at basic tasks like searching legal databases and generating simple summaries, more complex work requires careful human oversight.
China's Huawei to launch 'milestone' smartphone with homegrown OS
Chinese tech giant Huawei will on Tuesday launch its first smartphone equipped with a fully homegrown operating system, a key test in the firm's fight to challenge the dominance of Western juggernauts.
Most Asian markets drop, dollar gains as Trump fires tariff warning
Asian markets fell and the dollar rallied Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico and Canada on his first day in office, dealing a blow to hopes of a more moderate approach to trade policy.
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