US carried out Syria strikes after killing of contractor —Defence dept

Category: Procurement News

The United States military said it carried out precision airstrikes in eastern Syria on Thursday in response to a drone attack that killed one American...

CBN disburses fresh N39.36 billion under ABP, other interventions

Category: Procurement News

Despite its commitment to tapering its interventions, the Central Bank of Nigeria (CBN), this year alone, released fresh N12.65 billion under its flagship...

Equities halt gains as capitalisation dips by N6 billion

Category: Procurement News

The bears resurfaced on the equities sector of the Nigerian Exchange Limited (NGX), halting two days of consecutive rally, as market capitalisation declined...

Worries as ATMs, PoS, mobile channels account for N3.6 billion fraud

Category: Procurement News

About N3.62 billion fraud have been perpetrated through the Automated Teller Machines (ATMs); Point of Sales (PoS) machines, mobile and other electronic...

U.S. contractor killed, five service members and contractor wounded in suicide drone strike in Syria

Category: Procurement News

The U.S. retaliated with airstrikes on targets linked to Iran’s Islamic Revolutionary Guard Corps in the area, according to Defense Secretary Austin....

Okupe Appeals Judgment Convicting Him of Corruption

Category: Procurement News

Alex Enumah in Abuja A former Senior Special Assistant on Public Affairs to Ex-President Olusegun Obasanjo, Dr. Doyin Okupe, has appealed his conviction by a...

CBN confirms latest N3.01bn release to DisCos for power sector intervention

Category: Procurement News

THE Central Bank of Nigeria (CBN) has confirmed the latest release of N3.01 billion under the Nigerian Electricity Market Stabilisation Facility (NEMSF-2) for...

Ex-Google employees’ A.I. chatbot startup valued at $1 billion after Andreessen Horowitz funding

Category: Procurement News

The founders of Character.AI helped create the architecture that used in popular AI chat products...

Toshiba board accepts Japan Industrial Partners’ $15 billion buyout proposal

Category: Procurement News

Toshiba Corp has accepted a buyout offer from a group led by private equity firm Japan Industrial Partners....

Ford’s EV business lost $2 billion in 2022, offset by big profits in fleet and legacy units

Category: Procurement News

The financials are the first detailed look at EV profitability as Ford unveils a new financial reporting structure....

Close Search Window