Elon Musk has launched a legal case against OpenAI, the AI firm he helped to set up in 2015, accusing its leaders of a “betrayal” of its founding mission. The tycoon, who left OpenAI in 2018, argued in documents filed in a San Francisco court late on Thursday that the firm was always intended as…
The Central Bank of Nigeria (CBN) has instructed all bank customers to link their National Identification Number (NIN) and Bank Verification Number (BVN) to their bank account(s). The National Identification Number (NIN) consists of 11 non-intelligible numbers randomly chosen and assigned to an individual after completing enrollment into the National Identity Database (NIDB). Bank Verification…
Despite the challenges posed by the current economic hardships, the APC Professionals Forum, a think-tank stakeholders group within the ruling All Progressives Congress (APC), stated on Friday, March 1, that the administration led by President Bola Tinubu remains on course. The forum urged Nigerians to see the current situation as short-term pains for long-term gains….
The Office of the National Security Adviser has said the Federal Government is investigating the operations of Binance, a cryptocurrency exchange company. Financial Times had on Wednesday reported that two executives of the company were arrested and detained by the Nigerian government. The international news platform stated that the executives flew into the country last…
The Federal Government has paid $120m out of the $1.3bn indebtedness to gas companies for the supply of gas to run gas-fired power plants across the country. Nigeria is currently suffering from low power supply because many gas suppliers have reduced, while others stopped supplying the commodity to power-generating companies due to the indebtedness of…
The House of Representatives, on Thursday, described the 2012 Steve Oronsaye Report as outdated and called on President Bola Tinubu to thoroughly review it before going ahead to implement the same. The House, therefore, raised a 23-man committee chaired by House Leader, Julius Ihonvbere, to recommend appropriate measures to mitigate the likely fallout of the…
The Nigeria Customs Service Area Controller, Oyo/Osun Area Command, Dr Ben Oramalugo, said the command intercepted fake pharmaceuticals comprising Augmentin tablets, Ampiclox and Amoxycillin capsules concealed in 53 sacks with a Duty Paid Value of N1,739,000,000.00. Oramalugo made the disclosure on Thursday at the 2024 second press conference which held at the operational headquarters of…
Operatives of the Nigerian Army in collaboration with a hybrid force and Civilian Joint Task Force invaded terrorists’ hideouts in Timbuktu triangle in the Lake Chad Region, killing three. The operation also led to the recovery of a machine gun, a mine-resistant ambush-protected vehicle, a gun truck mounted with an anti-aircraft gun, and a cache…
Portuguese manager, Jose Peseiro, has confirmed his exit as manager of the Super Eagles after his contract officially expired on Thursday. Peseiro who led the Eagles to a second-place finish at the 2023 African Cup of Nations, on Friday, said he was fulfilled coaching the West African nation. “Yesterday, we concluded our contract with the…
The Lagos Rail Mass Transit System is a significant development in Lagos State, Nigeria, with both the Blue Line (already operational) and the upcoming Red Line Rail, to be launched by President Bola Ahmed Tinubu. Let’s explore how these rail projects contribute productively to the environment. The Lagos Rail projects will no doubt help in…
