The African Development Bank (AfDB) Group and the African Union (AU) have renewed the push for visa-free travel among African countries to boost trade, commerce and prosperity of the continent. Policymakers, business leaders, and development institutions renewed calls for visa-free travel across the continent, describing the free movement of people as essential to unlocking Africa’s…
Schneider Electric has announced the second edition of the Innovation Summit Middle East & Africa (MEA) will bring together global technology leaders as well as government officials to advance the regional shift towards energy intelligence, as data center growth, artificial intelligence (AI) adoption, and national visions place unprecedented demands on energy systems. Scheduled for Abu…
The Lagos State Internal Revenue Service (LIRS) has called on individual taxpayers in Lagos State to file their annual tax returns for the 2026 year of assessment on, or before 31st March 2026. According to a statement by the Head, Corporate Communications of the Service, Monsurat Amasa-Oyelude, the Executive Chairman of LIRS, Dr. Ayodele Subair,…
Nigeria’s Project BRIDGE has secured a $100million investment from the Board of the European Bank for Reconstruction and Development (EBRD) and another a €22 million grant from European Union Digital Economy Package of €45 million. Minister of Communication, Innovation and Digital Economy, Dr Bosun Tijani, disclosed this via his X handle @bosuntijani. He wrote: “As…
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’…
President Bola Tinubu is alleged to have sacked Kayode Egbetokun as the 22nd Inspector-General of Police. According to a Police Service Commission (PSC) source, Egbetokun is expected to be replaced by Tunji Disu, an Assistant Inspector-General of Police recently posted to oversee the Force Criminal Investigation Department (FCID) Annex, Alagbon, Lagos. The source disclosed that…
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…
