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Top Economic News

FAAC: FG, States, LGCs share N1.659 trillion May revenue

June 20, 2025 Nigerian CEO Magazine Comments Off on FAAC: FG, States, LGCs share N1.659 trillion May revenue
The Federation Account Allocation Committee (FAAC) has distributed a total of N1.659 trillion as Federation Account revenue for May 2025. This represents a decrease from […]
Food & Agriculture

Gombe receives N60 billion from FG to establish 184-hectare Agro-Livestock Industrial Zone

June 20, 2025 Nigerian CEO Magazine Comments Off on Gombe receives N60 billion from FG to establish 184-hectare Agro-Livestock Industrial Zone
The Gombe State Government has received N60 billion from the Federal Government to establish a 184-hectare Agro-Livestock Industrial Zone. Governor Inuwa Yahaya disclosed this during […]
TOP Business News

Meta and Nigerian Government Launch AI Accelerator to Drive Innovation

June 15, 2025 Nigerian CEO Magazine Comments Off on Meta and Nigerian Government Launch AI Accelerator to Drive Innovation
Meta, in collaboration with the Federal Government of Nigeria, has launched the Llama Impact Accelerator—a new initiative aimed at empowering startups to develop AI-driven solutions […]
Technology & ICT

OpenAI Reveals ChatGPT’s Environmental Impact: Minimal Power and Water Usage per Query

June 15, 2025 Nigerian CEO Magazine Comments Off on OpenAI Reveals ChatGPT’s Environmental Impact: Minimal Power and Water Usage per Query
OpenAI CEO Sam Altman has shared new insights into the environmental footprint of using ChatGPT. According to Altman, each ChatGPT query consumes approximately 0.34 watt-hours […]
Technology & ICT

Baillie Gifford exits Jumia, closing a major chapter in African e-commerce investment

June 15, 2025 Nigerian CEO Magazine Comments Off on Baillie Gifford exits Jumia, closing a major chapter in African e-commerce investment
Baillie Gifford exits Jumia, closing a major chapter in African e-commerce investment British investment firm Baillie Gifford, once Jumia’s largest institutional backer, has officially exited […]
Technology & ICT

ngCERT Warns Nigerians About New Android Malware Targeting WhatsApp and Banking Apps

June 15, 2025 Nigerian CEO Magazine Comments Off on ngCERT Warns Nigerians About New Android Malware Targeting WhatsApp and Banking Apps
The Nigeria Computer Emergency Response Team (ngCERT) has issued a high-priority alert about a sophisticated new Android malware campaign called Tria Stealer, which is actively […]
Technology & ICT

MultiChoice Nigeria Loses 1.4 Million Subscribers in Two Years Amid Repeated DStv Price Hikes

June 15, 2025 Nigerian CEO Magazine Comments Off on MultiChoice Nigeria Loses 1.4 Million Subscribers in Two Years Amid Repeated DStv Price Hikes
MultiChoice Nigeria has lost 1.4 million subscribers over the past two years, according to the audited financial results released by its parent company, MultiChoice Group, […]
Food & Agriculture

Cocoa prices hold at $9,764 amid tariff pressures

June 15, 2025 Nigerian CEO Magazine Comments Off on Cocoa prices hold at $9,764 amid tariff pressures
Cocoa futures settled at $9,764 per ton as the cash crop struggled to break above the $10,000 resistance line. Concerns about the West African mid-crop […]
TOP Business News

Gold slips amid risk rally as Nigeria mulls Naira-backed reserve strategy

June 15, 2025 Nigerian CEO Magazine Comments Off on Gold slips amid risk rally as Nigeria mulls Naira-backed reserve strategy
The bullion asset declined today amid a surge in risk appetite. Gold fell after a federal court ruling on President Donald Trump’s trade tariffs led […]
Food & Agriculture

Livestock support project to vaccinate 1.4 million animals in 2025, strengthen disease control in Nigeria

June 14, 2025 Nigerian CEO Magazine Comments Off on Livestock support project to vaccinate 1.4 million animals in 2025, strengthen disease control in Nigeria
The Livestock Productivity and Resilience Support Project (L-PRES) has announced plans to vaccinate 1.4 million animals in 2025 to strengthen disease prevention and improve both […]

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Firm Warns of Risks in Poor AI Adoption

OpenAI Reveals ChatGPT’s Environmental Impact: Minimal Power and Water Usage per Query

Baillie Gifford exits Jumia, closing a major chapter in African e-commerce investment

ngCERT Warns Nigerians About New Android Malware Targeting WhatsApp and Banking Apps

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