PH refinery: Marketers eye fuel price reduction, ready to load
The Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Major Energy Marketers Association of Nigeria (MEMAN) are anticipating a…
Day: March 19, 2024
South Africa: boat captain missing, search begins
South African authorities are intensifying efforts to locate missing charter boat captain John Matambu after his vessel, the Magnum Too,…
N193 billion loans have been declared lost inside CBN’s 10trn intervention
The Central Bank of Nigeria’s Intervention Funds Programme, totaling N10.3 trillion, has shown a repayment rate of 75.8%. However, concerns…
Court directs Binance to provide data to EFCC Amidst Allegations
A Federal High Court in Abuja has directed Binance Holdings Limited, a cryptocurrency exchange platform, to furnish the Economic and…
Nigeria’s imported food inflation jumps to 29.8%
In February 2024, Nigeria witnessed a significant rise in imported food inflation, reaching a peak of 29.8%, up from 26.3%…
IOM, Japan to construct 9 healthcare facilities in Adamawa
The International Organization for Migration (IOM), in collaboration with the Japan International Cooperation Agency (JICA), has announced plans to construct…
Naira strengthens slightly against dollar, ends below N1,600/$1
In the official market, the Nigerian Naira experienced a modest improvement against the US Dollar, closing at N1,597.24 to $1,…
DHQ Releases Names, Photos Of Soldiers Killed In Delta Attack
The Nigerian Army commander, three officers, and 12 soldiers who tragically lost their lives during an attack in a Delta…
Why the Internet blackout is a suspicious occurrence
The recent internet outage that affected several major trading blocs in Africa, including Ghana, Nigeria, South Africa, Liberia, and Côte…
NAAT announces three-day warning strike over withheld salaries
The National Association of Academic Technologists (NAAT) has declared a three-day warning strike starting from March 20, citing the non-payment…
Exclusive: Tinubu begins plan to clean up cabinet
President Bola Tinubu is set to launch a three-step approach for assessing his Ministers and heads of Ministries, Departments, and…
Bank of Japan raises interest rates, ends negative interest era
The Bank of Japan (BOJ) has announced an increase in its key interest rate from -0.1% to a range of…
Nvidia unveils latest Artificial Intelligence chip
Nvidia has revealed its latest artificial intelligence (AI) chip, the B200 “Blackwell,” boasting a remarkable 30 times faster performance than…
Founder of Evergrande accused of inflating revenues by $78bn
Hui Ka Yan, the founder of Chinese property giant Evergrande, and his company are facing allegations of inflating revenues by…
Hamas deputy military commander killed in Israeli air strike
A White House official, Jake Sullivan, confirmed that Hamas leader Marwan Issa was killed in an Israeli air strike, making…
Gambia: Delay on female genital cutting ban repeal
Lawmakers in Gambia have deferred a decision on the attempted repeal of the 2015 ban on female genital cutting, referring…