Google Replaces Google Assistant with Gemini in Major AI Overhaul

Google is officially phasing out its long-standing virtual assistant, Google Assistant, in favor of its next-generation AI initiative, Gemini. Announced in a blog post on Friday, the transition marks a major shift in the company’s AI strategy, with a broader rollout of Gemini expected for more users in the coming months.

Coco Gauff and New Balance Introduce Coco Delray Tennis Shoe

Following the success of her first two signature models, Coco Gauff and New Balance have unveiled the Coco Delray, a tennis shoe crafted for everyday players at all skill levels.

AMCON Struggles with Recovering Over N4trn in Outstanding Debt

The Asset Management Corporation of Nigeria (AMCON) has highlighted the significant difficulties it faces in recovering outstanding debts, as some debtors remain unwilling to pay.

Ajax and adidas Unveil Vintage-Inspired 125th Anniversary Collection

Marking 125 years of Ajax’s footballing legacy, adidas and the club have unveiled a timeless anniversary collection.

NGX Index Drops 0.25% as Tantalizer, Jaiz Bank, Neimeth Lead Decliners

Trading on Nigeria’s stock market ended in the red on Friday, as key performance indices dipped by 0.25 per cent.

UEFA and Clubs Partner with Relevent for Global Commercial Rights

Relevent Sports has secured a groundbreaking deal to manage commercial rights for the UEFA Champions League and other top European men’s club soccer competitions from the 2027-28 season through 2032-33. 

Applications Now Open For Orange Social Venture Prize 2024

Entrepreneurs in Africa and the Middle East can now apply for the 15th edition of the Orange Social Venture Prize (OSVP), an initiative dedicated to driving social innovation and fostering entrepreneurship across the region. Since its launch in 2011, OSVP has recognized and rewarded groundbreaking startup projects that use technology to create positive social impact in sectors such as education, healthcare, e-commerce, agriculture, and environmental sustainability.

Experts Assess Africa’s Economic Progress and Regional Integration Efforts in Addis Ababa

Ahead of next week’s 2025 Conference of African Ministers of Finance, Planning and Economic Development, a Committee of Experts has convened at the UN Conference Centre in Addis Ababa for a three-day technical meeting to evaluate Africa’s economic and social development and assess progress towards regional integration. This year’s Conference of Ministers is themed “Advancing the implementation of the Agreement Establishing the African Continental Free Trade Area: proposing transformative strategic actions.”

Iwosan Expands Healthcare Reach with Euracare Multi-Specialist Hospital Acquisition

Iwosan Investments Limited, a leading healthcare investment firm, has announced the acquisition of Euracare Multi-Specialist Hospital in Victoria Island, Lagos. This move strengthens Iwosan’s commitment to delivering high-quality healthcare services in Nigeria and reinforces its leadership in the country’s healthcare sector.

itel Unveils Power 70: A Game-changer with 10,000mAh Dual-power Battery

itel, a global smart life brand focused on providing affordable electronic solutions for emerging markets, proudly introduces the itel Power 70. Designed to address the power challenges faced by users in these regions, this smartphone sets new standards in reliability and convenience with its massive 10,000mAh battery capacity, making it an ideal choice for those dealing with frequent power shortages and high energy demands.

Tinubu Seeks Senate Nod for CBN Board Member, NCOS Chief

President Bola Tinubu has formally requested the Senate’s approval for the appointment of Prof. Melvin Ayogu to the Central Bank of Nigeria (CBN) Board of Directors.

Naira Depreciates Amid Rising FX Market Pressures

The Nigerian naira weakened against the US dollar across currency markets as escalating demand drove exchange rate fluctuations. The local currency dropped to ₦1,536.15, while the parallel market rate depreciated to ₦1,580, according to data obtained from FX markets.

Nigerian Equities Market Loses N284bn as MTNN, Banking Shares Lead Decline

The Nigerian Exchange (NGX) witnessed a significant downturn as investors lost N284 billion following a sell-off in major stocks, including MTNN and banking shares. The market closed in negative territory, with key indicators dropping by 0.43%, reversing the previous day’s marginal recovery.