The relationship between Artificial Intelligence (AI) and energy has become entirely inseparable, acting as both a critical dependency and a transformative catalyst for a sustainable future. As AI workloads grow, energy is no longer just an operational input but a defining constraint that is driving major investments in, and reorganization of, power infrastructure, a global…
General Magic has announced a $7.2million seed funding round led by Radical Ventures, with significant participation from a16z Speedrun and new investment from Figma VP of Product Brendan O’Driscoll and Larry James Erwin from OpenAI. The company has raised $8.4million to date, backed by Radical Ventures, a16z Speedrun, and Comma Capital, along with operators who…
Put next to the global rebound (+46per cent), that can look underwhelming. But the global number is a very distorted benchmark because it is overwhelmingly a US story. Indeed, equity funding in the US grew 66per cent YoY and accounted for roughly 70per cent of the global tally. So when US mega-rounds accelerate, ‘global funding’…
African statesman and former Nigeria President, Chief Olusegun Obasanjo, on Sunday night, joined several distinguished Nigerians including Mr Sam Amuka, media icon and Publisher of Vanguard newspaper, to pray for Leo Stan Ekeh, Chairman of Zinox Group, on his 70th birthday. Obasanjo who graced the thanksgiving meeting with his wife among other dignitaries prayed for…
Africa’s leading manufacturer of trusted technology solutions, Zinox Technologies and Africa’s largest technology and lifestyle distribution powerhouse, TD Africa, have sealed a strategic deal to revolutionise the continent’s tech ecosystem. The deal was sealed on Friday at an exclusive press conference attended by industry journalists, key stakeholders, and partners from both organizations. The event, held…
For many business owners, choosing a bank feels a bit like a formality. You pick a familiar name, open an account, and move on. But choosing the wrong bank can quietly cost you more than you realise. A bank isn’t just a place to hold money. It’s infrastructure, and like any infrastructure, it should be…
Africa’s largest oil producer, Nigeria, underperformed its 1.5 million barrels per day (bpd) quota in nine months of 2025 and again in January 2026, according to Nigerian Upstream Petroleum Regulatory Commission (NUPRC) figures. Using the Central Bank of Nigeria (CBN’s) average Bonny Light price of $72.08 per barrel over the 10 months for which data…
The Nigerian Communications Commission (NCC) has called on interested industry stakeholders to make written submissions to the Commission on the ongoing review of the National Telecommunications Policy (NTP) 2000, which consultation paper has been published on the Commission’s website. It has set Friday, March 20, 2026, as the deadline for all submissions from stakeholders to…
The NDPC National Commissioner/CEO, Dr Vincent Olatunji has ordered an immediate investigation of the data processing activities of Temu which may be in violation of the NDP Act. The investigation of Temu was triggered by concerns around online surveillance through personal data processing, accountability, data minimisation requirement, transparency, duty of care and cross-border data transfer….
