Forex Crisis May Delay Foreign Investment, Says Report
A recent report titled “Finding Rain in Drought.” by Comercio Partners, a prominent research and investment firm, suggests that foreign…
Day: February 14, 2024
First Bank to Reward Customers with N36m Cash Promo
First Bank of Nigeria has introduced the second season of its Cash Out promo aimed at rewarding users of FirstMobile,…
Prof. Okereke Appointed as Special Adviser- Enugu Gov.
Enugu State Governor, Peter Mbah, has appointed Prof. Chukwumerije Okereke as a special adviser on Climate Policy and Sustainable Development.…
NSIA Announces Offers $220, 000 for Innovation
The Nigeria Sovereign Investment Authority (NSIA) has unveiled the second edition of the NSIA Prize for Innovation (NPI 2.0), offering…
Nigeria’s Oil Output Increases to 1.43m Barrels in 2024
Nigeria’s oil production experienced a notable increase in January 2024, rising to 1.43 million barrels per day (bpd) from 1.34…
Femi Otedola Set to Recieve $17m from Geregu Power Plant
Nigerian billionaire Femi Otedola is set to receive a substantial final dividend exceeding $17 million from his significant 78.64-percent ownership…
FCTA Lists Embassies Owing $5.3 Million in Ground Rent
The Federal Capital Territory Administration (FCTA) in Abuja, Nigeria, has published a list of 43 embassies and high commissions owing…
Russia Warns the West Over Asset ‘Theft’
Russia issued a stern warning to the West on Tuesday, cautioning that Moscow would respond firmly if the United States…
Sweden Anticipates Approval for NATO’s Membership- Minister
Sweden’s Foreign Minister, Tobias Billstrom, expressed optimism on Wednesday regarding Hungary’s anticipated approval of Sweden’s NATO membership application. Billstrom stated…
Russia Halts Annual Payments to Arctic Council- Reports
Russia has halted its annual payments to the Arctic Council until substantive work resumes with the participation of all member…
SSR Mining Suspends Gold Mine Production
Gold miner SSR Mining suspended production at a mine in eastern Turkey following a landslide that occurred on Tuesday. The…
India and United Arab Emirates Enter Trade Partnership
India and the United Arab Emirates (UAE) signed a significant agreement on Tuesday concerning a trade corridor intended to link…
Elon Musk’s SpaceX Fined $3,600 by U.S.
Elon Musk’s SpaceX was fined $3,600 by U.S. worker safety officials this month following an accident at its site in…
OpenAi Founding Member Leaves Microsoft
Andrej Karpathy, a prominent artificial intelligence researcher and founding member of OpenAI, announced his departure from the Microsoft-backed company on…