Business Local Trade Naira strengthens slightly against dollar, ends below N1,600/$1 March 19, 2024 Ekemini Uba In the official market, the Nigerian Naira experienced a modest improvement against the US Dollar, closing at N1,597.24 to $1, marking a 0.34% enhancement compared to the previous week’s closing…
Local DHQ Releases Names, Photos Of Soldiers Killed In Delta Attack March 19, 2024 Ekemini Uba The Nigerian Army commander, three officers, and 12 soldiers who tragically lost their lives during an attack in a Delta community have been identified. The Defence Headquarters shared their photos…
Local Why the Internet blackout is a suspicious occurrence March 19, 2024 Ekemini Uba The recent internet outage that affected several major trading blocs in Africa, including Ghana, Nigeria, South Africa, Liberia, and Côte d’Ivoire, raises significant concerns about cybersecurity and its implications for…
Breaking NAAT announces three-day warning strike over withheld salaries March 19, 2024 Ekemini Uba The National Association of Academic Technologists (NAAT) has declared a three-day warning strike starting from March 20, citing the non-payment of four months’ withheld salaries as the reason for the…
Local Exclusive: Tinubu begins plan to clean up cabinet March 19, 2024 Ekemini Uba President Bola Tinubu is set to launch a three-step approach for assessing his Ministers and heads of Ministries, Departments, and Agencies (MDAs) as his administration approaches its first year in…
Banking World Bank of Japan raises interest rates, ends negative interest era March 19, 2024 Ekemini Uba The Bank of Japan (BOJ) has announced an increase in its key interest rate from -0.1% to a range of 0% to 0.1%. This decision comes as wages have risen…
Technology World Nvidia unveils latest Artificial Intelligence chip March 19, 2024 Ekemini Uba Nvidia has revealed its latest artificial intelligence (AI) chip, the B200 “Blackwell,” boasting a remarkable 30 times faster performance than its predecessor. With an 80% market share, the company aims…
Business World Founder of Evergrande accused of inflating revenues by $78bn March 19, 2024 Ekemini Uba Hui Ka Yan, the founder of Chinese property giant Evergrande, and his company are facing allegations of inflating revenues by $78 billion in the two years leading up to the…
Breaking World Hamas deputy military commander killed in Israeli air strike March 19, 2024 Ekemini Uba A White House official, Jake Sullivan, confirmed that Hamas leader Marwan Issa was killed in an Israeli air strike, making him Hamas’s most senior leader to die since the conflict…
Africa Gambia: Delay on female genital cutting ban repeal March 19, 2024 Ekemini Uba Lawmakers in Gambia have deferred a decision on the attempted repeal of the 2015 ban on female genital cutting, referring the legislation for further committee discussions. Gambian activists have expressed…
World Trump says he favours abortion ban after certain number of weeks March 18, 2024 Ekemini Uba Former President Donald Trump recently expressed his support for a national abortion ban, with exceptions, but did not specify the number of weeks into pregnancy this ban should occur, causing…
World Army Will Enter Rafah Despite International Pressure, Says Israel PM March 18, 2024 Ekemini Uba Benjamin Netanyahu, the Prime Minister of Israel, affirmed plans for an Israeli ground offensive in southern Gaza’s Rafah, despite concerns about civilian casualties. Netanyahu emphasized Israel’s determination to achieve its…
Local Nigeria at wits’ end as oil thieves overrun surveillance March 18, 2024 Ekemini Uba Nigeria, Africa’s largest oil producer, is facing a critical challenge in curbing crude oil theft, with sophisticated criminal networks surpassing existing surveillance measures. Despite efforts by security forces to confiscate…
Local Senate warns against supplementary budget, excess loans March 18, 2024 Ekemini Uba The Nigerian Senate has cautioned the executive against enlarging the budget size through a supplementary budget, urging instead the utilization of excess savings resulting from the recent depreciation of the…
Business Local Notore appoints chairman after three years March 18, 2024 Ekemini Uba Notore Chemical Industries has announced the appointment of Femi Agbaje as the new chairman of its board of directors, succeeding former Nigerian Head of State, Yakubu Gowon, who retired from…
Business Local Trade Headline: Nigerian Exchange Gains N2.12tn as Investors Anticipate Dividend Season March 18, 2024 Ekemini Uba The Nigerian Exchange witnessed another positive week, with investors positioning themselves ahead of the dividend-paying season, resulting in a gain of N2.12tn. The All-Share Index rose by 3.71 per cent…
Finance Local FG eyes $1bn W’Bank loans for IDPs, agric March 18, 2024 Ekemini Uba The Federal Government of Nigeria is in discussions with the World Bank to secure loans totaling over $1bn aimed at addressing the challenges faced by Internally Displaced Persons (IDPs) and…
World Vladimir Putin Wins Another Six-Year Term as Russian President March 18, 2024 Ekemini Uba Vladimir Putin has secured another six-year term as Russian president, according to exit polls, positioning him to become the longest-serving Russian leader in over 200 years. The government-run VTsIOM pollster…
Local Controversy Trails Bird Flu Outbreak In Kebbi March 18, 2024 Ekemini Uba Since the declaration of the avian influenza outbreak in Kebbi State over a month ago, a dispute between poultry farmers and the state government regarding the authenticity of the epidemic…
Africa World EU pledges billions of euros for Egypt as it seeks to curb migration March 18, 2024 Ekemini Uba The European Union revealed a €7.4 billion funding package and an upgraded relationship with Egypt on Sunday, aiming to address migrant flows to Europe while drawing criticism from rights groups.…
World Uber to pay $178 million in Australia taxi class action settlement March 18, 2024 Ekemini Uba Uber has agreed to pay A$271.8 million ($178 million) to settle a lawsuit filed by Australian taxi operators and drivers, alleging income loss when the ride-hailing company entered the country.…
World Warehouse developers bet on India as companies look beyond China March 18, 2024 Ekemini Uba In southern India’s sprawling industrial park, land is becoming scarce as companies rush to construct modern warehouses and factories, capitalizing on India’s economic upswing and diversifying their supply chains beyond…
Local Meta, Boeing, GE Vernova join US business delegation to Vietnam this week March 18, 2024 Ekemini Uba A sizable US business delegation, including Meta, Boeing, and wind energy firm GE Vernova, is currently visiting Vietnam, underscoring sustained corporate interest in the Southeast Asian nation following Washington’s upgraded…
World Japanese bank trains staff for a novel scenario: positive interest rates March 18, 2024 Ekemini Uba As Japan approaches the end of eight years of negative interest rates, a regional lender in Kyoto is taking proactive steps to train its staff for operating in a positive…
World Vietnam’s parliament to meet over ‘personnel issues’, says letter to legislators March 18, 2024 Ekemini Uba Vietnam’s parliament is scheduled to convene on Thursday to discuss unspecified “personnel issues,” as indicated in a letter sent to legislators, triggering speculation about a potential reshuffling of the country’s…
World Protest erupts in eastern Cuba amid blackouts, food shortages March 18, 2024 Ekemini Uba In a rare display of public dissent, hundreds of people gathered in Santiago, Cuba’s second-largest city, on Sunday, demanding “power and food” amid prolonged blackouts lasting up to 18 hours…
Technology World South Korea’s Yoon warns of tech threat to democracy at summit March 18, 2024 Ekemini Uba South Korean President Yoon Suk Yeol cautioned against the dangers of fake news and disinformation fueled by artificial intelligence and digital technology, labeling them as threats to democracy. Speaking at…
World South Korea’s Yoon warns of tech threat to democracy at summit March 18, 2024 Ekemini Uba South Korean President Yoon Suk Yeol cautioned against the dangers of fake news and disinformation fueled by artificial intelligence and digital technology, labeling them as threats to democracy. Speaking at…
Trade World China foreign minister willing to strengthen communications with New Zealand March 18, 2024 Ekemini Uba China expressed its intent to strengthen communication with New Zealand and collaborate to uphold peace and stability in the region as the foreign ministers of both countries met on Monday.…
Technology World Blinken says authoritarian regimes using tech to undermine democracy March 18, 2024 Ekemini Uba U.S. Secretary of State Antony Blinken emphasized the importance of leveraging technology to uphold democratic principles amidst efforts by authoritarian regimes to exploit technology to undermine democracy and human rights.…
