Alphabet is raising nearly $32 billion in debt in under 24 hours, signalling just how expensive the global race to dominate artificial intelligence has become. The group commenced a $20 billion bond sale in the US and followed with major offerings in the UK and Switzerland, including a rare 100-year bond, something tech companies seldom issue. The demand was overwhelming, with investors placing more than $100 billion in orders for the US portion alone, according to people familiar with the deal. The timing matters. Alphabet announced just days earlier that it would spend up to $185 billion on capital expenditures…
Author: Newsdesk
Celebrity socialite and businessman, popularly known as Cubana Chief Priest, has said he will work against Labour Party presidential candidate Peter Obi in the 2027 general election. Cubana Chief Priest, who openly supported Obi during the 2023 polls, disclosed his new political stance on Instagram amid an online exchange with followers. The discussion was sparked by questions over his recent association with the pro-Tinubu “City Boy Movement.” When asked directly whether he intended to oppose Obi in the next election, he replied affirmatively, noting that he had previously campaigned for Obi while also serving as a special adviser to an…
The Digital Bridge Institute (DBI) and Learn2Earn have partnered to train 1million Artificial Intelligence (AI) Engineers in tech in the next 10 years. The partnership was formalised during a courtesy visit by Learn2Earn’s CEO, Kesiah Valkin, to DBI’s President, David Daser, on Wednesday in Abuja. Ashenews reports that the project is to support the efforts of the Nigerian Government to create millions of jobs in the digital space, and create hundreds of thousands of employable and digitally skilled young people. The collaboration will leverage DBI’s modern infrastructure, with 750 participants already undergoing training as part of the first cohort, including…
E-commerce company Jumia has ceased operation in Algeria, marking a pivotal step in the company’s move toward profitability and direct focus on high-growth markets. The disclosure was made in the company’s fourth quarter and full-year 2025 results released on Tuesday, February 10, 2025. The decision is considered a move to streamline operations and concentrate its resources where revenues and Gross Merchandise Value (GMV) are strongest, especially in Nigeria. The move follows similar exits from South Africa and Tunisia in 2024. According to the disclosure, Jumia’s decision to exit Algeria in February 2026 comes amid discouraging performance, which the company sees as a…
The Kaduna Geographic Information Service (KADGIS) has cautioned members of the public against purchasing or selling land based solely on Customary Titles. The Director-General, Dr Bashir Garba, issued the warning in a public notice (reference: KADGIS/OFF/584/04) released on Wednesday in Kaduna. Garba stated that Customary Titles often lack adequate details and verifiable information on ownership. He observed that criminals exploit these loopholes to acquire land for unlawful activities, particularly in Millennium City, Rigasa, Sobawa, Mahuta, and other parts of the state. The agency advised residents to conduct land transactions only on plots with valid offers and recognized titles processed through…
Every year, the world marks the International Day of Women and Girls in Science on February 11. The day promotes full and equal access to and participation in STEM fields for women. Science is better when women are involved. Established by the United Nations in 2015, the day highlights that, despite progress, women still constitute less than one-third of global researchers and face significant barriers in technology, artificial intelligence, and engineering. The United Nations’ message is clear: gender equality drives innovation. Beyond a calendar date, the day is about saving lives, helping communities, and building a better future through leadership…
The AIDS Healthcare Foundation (AHF) Nigeria has urged Nigerians to prioritize condom use as a simple yet effective way to prevent HIV and other sexually transmitted infections (STIs). The foundation made the call in a statement on Wednesday in Lokoja, as part of activities to mark International Condom Day (ICD) 2026, themed “Just Use It!” The statement, made available to journalists by Mr Steve Aborishade, Senior Advocacy and Marketing Manager at AHF Nigeria, said the event aims to put condoms back in the spotlight as a powerful tool in HIV and STI prevention. AHF noted that the surge in STI…
Dr Chinonso Egemba, popularly known as Aproko Doctor, has inaugurated the Aproko Doctor Foundation (ADF), a Nigerian nonprofit organization aimed at supporting the health needs of vulnerable citizens. In a statement made available to reporters on Wednesday, Egemba said ADF aims to contribute to averting health poverty by delivering preventive health services. He said the NGO would also provide life-saving treatment to vulnerable and underinsured Nigerians. “In Nigeria, the gap isn’t just between sickness and health—it’s between diagnosis and action. Millions of Nigerians know what ails them but cannot access care. “ADF exists to close that gap by ensuring that…
The Lagos Waste Management Authority (LAWMA) has commended local governments across the state for strengthening waste policing and grassroots enforcement. This is contained in a statement signed by the Managing Director, Dr Muyiwa Gbadegesin, made available to reporters on Wednesday in Lagos. Gbadegesin encouraged councils yet to adopt the initiative to emulate their counterparts in promoting environmental compliance at the community level. He noted that effective waste management requires strong collaboration among state agencies, local councils, and responsible citizens. Several local governments, he said, have taken proactive steps by establishing waste policing and monitoring structures within their jurisdictions, supporting LAWMA’s…
The Non-Governmental Organization CyberSafe Foundation has unveiled a three-year cybersecurity resilience initiative, Resilio Africa, aimed at strengthening the capacity of critical institutions across four African countries to tackle rising cyber threats. Ms Confidence Staveley, Executive Director of the Foundation, announced this at the inauguration of the initiative in Lagos on Wednesday. Staveley said the project will support 200 Critical Community Institutions in Nigeria, Kenya, Ghana, and South Africa. She noted that the initiative is designed to protect more than two million people and secure over 15 million public records across the participating countries. Backed by Google.org, the project will provide…