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,…
Month: March 2024
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…
Trump says he favours abortion ban after certain number of weeks
Former President Donald Trump recently expressed his support for a national abortion ban, with exceptions, but did not specify the…
Army Will Enter Rafah Despite International Pressure, Says Israel PM
Benjamin Netanyahu, the Prime Minister of Israel, affirmed plans for an Israeli ground offensive in southern Gaza’s Rafah, despite concerns…
Nigeria at wits’ end as oil thieves overrun surveillance
Nigeria, Africa’s largest oil producer, is facing a critical challenge in curbing crude oil theft, with sophisticated criminal networks surpassing…
Senate warns against supplementary budget, excess loans
The Nigerian Senate has cautioned the executive against enlarging the budget size through a supplementary budget, urging instead the utilization…
Notore appoints chairman after three years
Notore Chemical Industries has announced the appointment of Femi Agbaje as the new chairman of its board of directors, succeeding…
Headline: Nigerian Exchange Gains N2.12tn as Investors Anticipate Dividend Season
The Nigerian Exchange witnessed another positive week, with investors positioning themselves ahead of the dividend-paying season, resulting in a gain…
FG eyes $1bn W’Bank loans for IDPs, agric
The Federal Government of Nigeria is in discussions with the World Bank to secure loans totaling over $1bn aimed at…
Vladimir Putin Wins Another Six-Year Term as Russian President
Vladimir Putin has secured another six-year term as Russian president, according to exit polls, positioning him to become the longest-serving…
Controversy Trails Bird Flu Outbreak In Kebbi
Since the declaration of the avian influenza outbreak in Kebbi State over a month ago, a dispute between poultry farmers…
EU pledges billions of euros for Egypt as it seeks to curb migration
The European Union revealed a €7.4 billion funding package and an upgraded relationship with Egypt on Sunday, aiming to address…
Uber to pay $178 million in Australia taxi class action settlement
Uber has agreed to pay A$271.8 million ($178 million) to settle a lawsuit filed by Australian taxi operators and drivers,…
Warehouse developers bet on India as companies look beyond China
In southern India’s sprawling industrial park, land is becoming scarce as companies rush to construct modern warehouses and factories, capitalizing…
Meta, Boeing, GE Vernova join US business delegation to Vietnam this week
A sizable US business delegation, including Meta, Boeing, and wind energy firm GE Vernova, is currently visiting Vietnam, underscoring sustained…
Japanese bank trains staff for a novel scenario: positive interest rates
As Japan approaches the end of eight years of negative interest rates, a regional lender in Kyoto is taking proactive…
Vietnam’s parliament to meet over ‘personnel issues’, says letter to legislators
Vietnam’s parliament is scheduled to convene on Thursday to discuss unspecified “personnel issues,” as indicated in a letter sent to…
Protest erupts in eastern Cuba amid blackouts, food shortages
In a rare display of public dissent, hundreds of people gathered in Santiago, Cuba’s second-largest city, on Sunday, demanding “power…
South Korea’s Yoon warns of tech threat to democracy at summit
South Korean President Yoon Suk Yeol cautioned against the dangers of fake news and disinformation fueled by artificial intelligence and…
South Korea’s Yoon warns of tech threat to democracy at summit
South Korean President Yoon Suk Yeol cautioned against the dangers of fake news and disinformation fueled by artificial intelligence and…
China foreign minister willing to strengthen communications with New Zealand
China expressed its intent to strengthen communication with New Zealand and collaborate to uphold peace and stability in the region…
Blinken says authoritarian regimes using tech to undermine democracy
U.S. Secretary of State Antony Blinken emphasized the importance of leveraging technology to uphold democratic principles amidst efforts by authoritarian…