Shares of CoreWeave, an AI cloud provider, started trading Friday following a much-anticipated IPO that is being seen as a litmus test for other AI companies hoping to go public. Originally founded as a crypto mining company, CoreWeave pivoted to renting out its Nvidia graphic processing units to companies desperate to train AI. The New…
The Nnamdi Azikiwe University, Awka (UNIZIK), is at the centre of a contract scandal involving its Acting Vice Chancellor, Professor Ikechebelu Joseph. Investigations by SaharaReporters have revealed that a contract for the university’s perimeter fencing was awarded twice—first to Messrs Abdullahi Hawawo Construction Co. Limited in 2024 for ₦180,031,437.50, and later to Dukonni Nigeria Limited…
The Akwa Ibom State chapter of the Nigeria Labour Congress has reversed its earlier stance and agreed to the state government’s proposal for a 13-month salary in December. This decision was reached following an emergency, enlarged state executive congress meeting held in Uyo on Saturday. Previously, the state Labour movement had rejected Governor Umo Eno’s…
Governor Bala Mohammed-led Bauchi State government has spent N16billion on renovation of the government house according to a review of the Bauchi State audited report for 2023. The money was spent in the fiscal year of 2023. According to the auditors’ report, the state government awarded the contract for upgrading of government house at the…
