General News
HP Unveils High- performance Workstation Desktop
HP Inc. announced its new Z by HP high-performance workstation desktop lineup, engineered to change what is possible within complex, data rich workflows.
HP is advancing hybrid workforce management with the HP Anyware Remote System Controller, a device that gives IT departments the management capabilities to support high performance devices from anywhere.
The complex workflows in industries spanning media and entertainment, data science, and engineering mean increased time pressure and the need for more compute power to deliver faster results.
They also highlight a need to iterate with remote teams and push creative boundaries to deliver more accurate results. The new Z by HP Z4, Z6, Z8, and Z8 Fury desktops, powered by Intel®, deliver the scalable balance of CPU and GPU compute needed to fuel new levels of speed, accuracy, and creativity.
“Z by HP is dedicated to delivering the best possible computing experience to fuel new levels of speed, accuracy, and creativity,” said Jim Nottingham, Vice President and General Manager, Z by HP. “HP’s design engineering, together with the power of Intel and NVIDIA, provide the performance, scalability, and security our customers require to meet their evolving needs.”
“Intel® and Z by HP represent the future of high-performance workstation computing,” said Roger Chandler, Vice President and General Manager, Intel. “With Intel® Xeon® W, users can expect breakthrough performance, advanced security features, and the scalability they need to tackle the most demanding workloads.”
Z by HP innovations start with the customer to deliver the performance benefits needed whether it’s importing and working with large models and assemblies, running complex simulations, or training complex deep learning and machine learning models faster.
The latest Z workstation desktops include up to 56 CPU cores and four high-end GPUs in the Z8 Fury G5. The Z4, Z6, Z8, and our all-new Z8 Fury, provide a variety of configurations to meet every workflow challenge for each of these segments. From our best-selling workhorse, the Z4, to the extreme performance of the Z8 Fury, Z by HP has the right workstation for every workflow.
The Z8 Fury G5 delivers powerful performance while staying cool and quiet under high-performance workflows with up to 56 cores in a single CPU and unleashing the power of four high-end double-wide GPUs with 2TB of DDR5 memory due to transformative single socket technology. Now you can breeze through even the most complex deep learning, virtual production, and VFX.
The HP Z4 G5 tackles advanced workflows from machine learning to advanced video editing with an evolutionary advancement of up to a 24-core CPU, two high-end GPUs, up to 512GB of RAM. The Z4 G5 accelerates a wide range of professional apps to advance intensive workflows and provides plenty of room to expand as workflows evolves.
The HP Z6 G5 accelerates graphics-intensive workflows with multiple GPUs based on the increased PCIe expandability of the latest Intel® Xeon® W-3400 processor architecture.
With up to 36 processing cores, three high-end graphics cards, and 1TB of DDR5 memory, the Z6 G5 delivers significant performance for users demanding a machine that scales with their increased model and dataset complexity.
The HP Z8 G5 is designed for users who demand the most processing compute for CPU-intensive workflows to accelerate rendering with real-time ray tracing, data visualization, and model training while also providing plenty of room to expand as demands change.
With a dual-socket workstation, designed to utilize 4th Gen Intel Xeon, it delivers up to 64 system cores in addition to supporting 2x high-end graphics cards with 1TB of DDR5 memory.
The HP Anyware Remote System Controller provides IT administrators a single dashboard with the ability to launch a kernel-based virtual machine (KVM) session and perform out-out-of-band management tasks such as pre-boot access, BIOS updates and re-imaging from anywhere.
Through a single interface, IT administrators can now manage a fleet of devices, access secure system information like model numbers and BIOS versions, receive reports, and develop insights, to optimize their infrastructure to resolve issues before they affect users.
HP is designing this hardware and software based on strong security industry standards, completing extensive testing, third-party reviews, and certifications to ensure maximum security.
Dangote Petroleum Refinery is reportedly nearing completion of a $2.5 billion private placement that values the company at about $40 billion ahead of its planned public listing.
Private placement is the direct sale of company shares or bonds to pre-selected investors instead of the general public and it is used to raise money quickly while avoiding strict public reporting rules.
People familiar with the transaction said investors acquired as much as 6 per cent of the refinery, according to a BusinessDay report.
The reported terms would value the business at approximately $40 billion.
Neither Dangote Group nor the refinery has publicly announced the final amount raised, the identities of most subscribers or the precise percentage sold.
The figures should therefore be treated as transaction details supplied by unnamed sources rather than confirmed company disclosures.
The reported $2.5 billion total is nevertheless significant as it indicates strong demand for exposure to a privately controlled refinery that has rapidly become central to Nigeria’s fuel supply and an increasingly important exporter of petroleum products.
The placement was said to have attracted more demand than the available shares, allowing the company to secure substantially more than the amount initially associated with the fundraising exercise.
Femi Otedola, chairman, First HoldCo, is the only major participant publicly identified in the report.
He reportedly committed $100 million to the transaction and sold his investment in Geregu Power Plc to finance the acquisition.
Nigeria’s pension industry was also reportedly cleared to participate.
Access to more than $17 billion in retirement assets would broaden the refinery’s potential investor base beyond wealthy individuals and conventional institutional buyers.
Participation by Pension Fund Administrators would, however, require careful attention to valuation, liquidity and portfolio-concentration limits.
Retirement funds must balance the attraction of a large Nigerian industrial asset against their responsibility to protect contributors’ savings.
The implied $40 billion valuation represents investor expectations about the refinery’s future earnings rather than only the physical cost of constructing the facility.
Its ability to process 650,000 barrels of crude daily gives it a central role in supplying Nigeria and other markets, but its commercial performance remains connected to crude availability, product prices, exchange rates and regulation.
The refinery has struggled to obtain all the Nigerian crude it requires under the government’s naira-for-crude arrangement.
It has consequently purchased some feedstock internationally and recently moved local petroleum-product pricing into dollars to align sales revenue more closely with its foreign-currency expenses.
Those constraints will be important during any public offering.
Prospective shareholders will want greater clarity on crude-supply contracts, debt, operating margins, export revenue and the company’s relationship with Nigerian regulators.
It is also unclear whether the private placement involved newly issued shares, a sale by existing owners or a combination of both.
That distinction determines whether the reported $2.5 billion becomes fresh capital for the refinery or proceeds received by selling shareholders.
The transaction could provide a useful price reference for the planned initial public offering.
Federal government will next month launch Nigeria’s first national organized crime strategy to strengthen the country’s response to terrorism, cybercrime, human and drug trafficking, kidnapping, illicit financial flows, and other forms of organized crime.
Major General Adamu Laka, national coordinator of the National Counter Terrorism Centre under the Office of the National Security Adviser, disclosed this in Abuja during the validation of the strategy document.
He said the strategy provides a coordinated national framework for tackling organized crime through improved intelligence sharing, stronger collaboration among security agencies, and closer cooperation with the criminal justice system, civil society organizations, and international partners.
Major General Laka explained that the document was developed through a partnership involving the Federal Government, the United Nations Office on Drugs and Crime (UNODC), the United States Government, and other stakeholders.
Speaking at the event, Cheikh Toure, UNODC representative, said the strategy would strengthen Nigeria’s capacity to combat transnational crimes, including drug trafficking, cybercrime, human trafficking, kidnapping, and illicit financial flows.
Also speaking, Douglas Grane, acting director of the United States Department of State’s Bureau of International Narcotics and Law Enforcement Affairs, reaffirmed the U.S. government’s support for Nigeria’s efforts to tackle organized crime through stronger inter-agency and international cooperation.
Representatives of the National Institute for Strategic Studies, the Nigeria Financial Intelligence Unit, and the National Cyber Security Centre also endorsed the initiative, describing it as a major step towards improving Nigeria’s fight against organized crime.
FATE Foundation, with funding from the Citi Foundation, has launched the Youth Entrepreneurship Incubation Programme to equip young people in Nigeria with financial literacy and entrepreneurship skills.
Delivered through free, safe, and accessible platforms, the programme supports the incubation and scaling of youth-led enterprises, enabling income generation and job creation.
In October 2025, FATE Foundation was selected as a recipient of Citi Foundation’s 2025 Global Innovation Challenge to Accelerate Youth Employability. Joining the cohort of 50 organisations globally, the Foundation will receive $500,000 over two years to advance its youth employability initiative.
“We are excited to be selected for Citi Foundation’s 2025 Global Innovation Challenge,” said Ayomide Akindolie-Igwe, Executive Director of FATE Foundation.
“This support enables us to equip young entrepreneurs in Nigeria with the financial literacy and skills needed to build and scale sustainable businesses.”
The programme addresses youth employability by tackling Africa’s growing jobs crisis. By 2030, the African continent will be home to 40% of the world’s youth, and with one in three under 35 already unemployed, this initiative will support Nigerian youth with a two-phase approach. It begins with financial literacy training before progressing to entrepreneurship development, incubation support, and access to tools needed to build viable, job-creating businesses.
“Through this innovative initiative, FATE Foundation is supporting low-income Nigerian youth to develop essential financial and entrepreneurial skills using accessible platforms.
“This support is not just helping individuals to succeed; it is building a solid foundation for sustainable enterprises that will drive job creation and contribute significantly to our nation’s economic vitality. This initiative is empowering and investing in the future of Nigeria, one youth at a time,” said Nneka Enwereji, MD/CEO Citibank Nigeria Limited.
Dangote Refinery’s Private Placement Reportedly Hits $2.5Bn
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