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By Obinna Uballa OpenAI has appointed Mike Liberatore, the former chief financial officer of Elon Musk’s xAI, as its new business finance officer, a move set to intensify the growing rivalry between Musk and OpenAI’s chief executive Sam Altman. Liberatore, who left xAI in July after just three months, will oversee OpenAI’s vast infrastructure spending,…
September 16, 2025
By Obinna Uballa President Bola Tinubu has approved the appointment of five executive directors to the board of the North Central Development Commission (NCDC). The appointments were announced on Tuesday in a statement by Segun Imohiosen, Director of Information and Public Relations in the Office of the Secretary to the Government of the Federation. The…
September 16, 2025
By Obinna Uballa A United States federal appeals court has temporarily blocked President Donald Trump from removing Federal Reserve Governor Lisa Cook, rejecting the White House’s bid just hours before the central bank’s two-day policy meeting began. The U.S. Court of Appeals for the District of Columbia Circuit, in a 2-1 ruling split along party…
September 16, 2025
By Obinna Uballa Alphabet, the parent company of Google, has announced a £5 billion ($6.8 billion) investment in artificial intelligence across the United Kingdom, a move timed with U.S. President Donald Trump’s state visit to Britain this week. The two-year investment package will see the launch of a cutting-edge data centre in Waltham Cross, Hertfordshire,…
September 16, 2025
ConocoPhillips, Chevron, and other oil majors have announced mass layoffs despite expanding production capacity through multibillion-dollar acquisitions. Falling oil prices and cautious investor sentiment are forcing companies to cut capital spending and reduce workforces, even as Trump pushes pro-oil policies. OPEC+ production hikes and U.S. rig declines point to continued pressure on American producers, who…
September 15, 2025
By Abiola Olawale President Bola Tinubu has announced that he has concluded his 10-day working vacation. This is as the President is set to return to Nigeria, on Tuesday, September 16, 2025, marking the end of his working vacatio in 2025. Recall that The New Diplomat had reported that Tinubu jetted out of Nigeria to…
September 15, 2025
By Obinna Uballa Nigeria’s inflation rate eased for the fifth consecutive month in August, dropping to 20.12 per cent from 21.88 per cent in July, according to new figures released Monday by the National Bureau of Statistics (NBS). The moderation represents a 1.76 percentage point decline from July’s rate and continues a downward trend that…
September 15, 2025
By Abiola Olawale Nigerians have begun to react to a reported decision by the Senior Special Assistant (SSA) to President Bola Tinubu on Citizenship and Leadership, Nasir Ja’oji, to appoint seven aides. The development came after a document surfaced online, showing the purported appointments. The document reads in part: "Senior Special Assistant to the President…
September 15, 2025
By Abiola Olawale Dangote Petroleum Refinery company, owned by Africa's richest man, Aliko Dangote, is set to proceed with the roll-out of over 4,000 Compressed Natural Gas (CNG)-powered trucks today, Monday, September 15, 2025. The company said the initiative is part of a massive N720 billion investment in logistics infrastructure that aims to streamline fuel…
September 15, 2025
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By Obinna Uballa OpenAI has appointed Mike Liberatore, the former chief financial officer of Elon Musk’s xAI, as its new business finance officer, a move set to intensify the growing rivalry between Musk and OpenAI’s chief executive Sam Altman. Liberatore, who left xAI in July after just three months, will oversee OpenAI’s vast infrastructure spending,…
September 16, 2025
By Obinna Uballa President Bola Tinubu has approved the appointment of five executive directors to the board of the North Central Development Commission (NCDC). The appointments were announced on Tuesday in a statement by Segun Imohiosen, Director of Information and Public Relations in the Office of the Secretary to the Government of the Federation. The…
September 16, 2025
By Obinna Uballa A United States federal appeals court has temporarily blocked President Donald Trump from removing Federal Reserve Governor Lisa Cook, rejecting the White House’s bid just hours before the central bank’s two-day policy meeting began. The U.S. Court of Appeals for the District of Columbia Circuit, in a 2-1 ruling split along party…
September 16, 2025
By Obinna Uballa Alphabet, the parent company of Google, has announced a £5 billion ($6.8 billion) investment in artificial intelligence across the United Kingdom, a move timed with U.S. President Donald Trump’s state visit to Britain this week. The two-year investment package will see the launch of a cutting-edge data centre in Waltham Cross, Hertfordshire,…
September 16, 2025
ConocoPhillips, Chevron, and other oil majors have announced mass layoffs despite expanding production capacity through multibillion-dollar acquisitions. Falling oil prices and cautious investor sentiment are forcing companies to cut capital spending and reduce workforces, even as Trump pushes pro-oil policies. OPEC+ production hikes and U.S. rig declines point to continued pressure on American producers, who…
September 15, 2025
By Abiola Olawale President Bola Tinubu has announced that he has concluded his 10-day working vacation. This is as the President is set to return to Nigeria, on Tuesday, September 16, 2025, marking the end of his working vacatio in 2025. Recall that The New Diplomat had reported that Tinubu jetted out of Nigeria to…
September 15, 2025
By Obinna Uballa Nigeria’s inflation rate eased for the fifth consecutive month in August, dropping to 20.12 per cent from 21.88 per cent in July, according to new figures released Monday by the National Bureau of Statistics (NBS). The moderation represents a 1.76 percentage point decline from July’s rate and continues a downward trend that…
September 15, 2025
By Abiola Olawale Nigerians have begun to react to a reported decision by the Senior Special Assistant (SSA) to President Bola Tinubu on Citizenship and Leadership, Nasir Ja’oji, to appoint seven aides. The development came after a document surfaced online, showing the purported appointments. The document reads in part: "Senior Special Assistant to the President…
September 15, 2025
By Abiola Olawale Dangote Petroleum Refinery company, owned by Africa's richest man, Aliko Dangote, is set to proceed with the roll-out of over 4,000 Compressed Natural Gas (CNG)-powered trucks today, Monday, September 15, 2025. The company said the initiative is part of a massive N720 billion investment in logistics infrastructure that aims to streamline fuel…
September 15, 2025
