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Year: 2024

Neuralink: Musk’s firm says first brain-chip patient plays online chess
World

Neuralink: Musk’s firm says first brain-chip patient plays online chess

Elon Musk’s brain-chip company, Neuralink, has showcased its groundbreaking technology by enabling its first patient, Noland Arbaugh, to control a…

byayotilewaMarch 21, 2024March 21, 2024
Reddit IPO prices at top range, valued at $6.4 billion
World

Reddit IPO prices at top range, valued at $6.4 billion

Reddit has priced its shares at the top of the marketed range, valuing the social media platform at $6.4 billion…

byayotilewaMarch 21, 2024March 21, 2024
Tinubu places ban on ministers’ foreign trips
Local

Tinubu places ban on ministers’ foreign trips

President Bola Tinubu has put a temporary stop to ministers, agency heads, and government officials from going on publicly funded…

byayotilewaMarch 21, 2024March 21, 2024
Budget cuts, extend wait for retiree benefits
Local

Budget cuts, extend wait for retiree benefits

The reduction in the budget for pensions and retiree benefits in the 2024 budget has led to further delays in…

byayotilewaMarch 21, 2024March 21, 2024
Agricultural research spending fails to boost farmer output
AgricultureLocal

Agricultural research spending fails to boost farmer output

Despite the federal government spending N266 billion on agricultural research institutes over the past five years, farmers’ output remains low,…

byayotilewaMarch 21, 2024March 21, 2024
Govt derisking power sector to attract investments– Verheijen
BusinessinvestmentLocal

Govt derisking power sector to attract investments– Verheijen

Olu Verheijen, President Bola Tinubu’s energy special adviser, has highlighted ongoing government efforts to reduce risks in the power sector…

byayotilewaMarch 21, 2024March 21, 2024
CBN clarifies fertiliser donation as not new intervention
BankingBusinessCommodities

CBN clarifies fertiliser donation as not new intervention

The Central Bank of Nigeria (CBN) clarified that the recent donation of 2.15 million bags of fertilisers to farmers is…

byayotilewaMarch 21, 2024March 21, 2024
Senate passes bill for NYSC Trust Fund
Local

Senate passes bill for NYSC Trust Fund

The Senate has approved a bill put forward by Senator Yemi Adaramodu (APC, Ekiti) to establish the National Youth Service…

byayotilewaMarch 21, 2024March 21, 2024
FG moves to address under-utilization of ports
BusinessLocal

FG moves to address under-utilization of ports

Chief Adegboyega Oyetola, Minister of Marine and Blue Economy, emphasized the need for the federal government to fully support the…

byayotilewaMarch 21, 2024March 21, 2024
African Guarantee Fund to support green finance
BusinessLocal

African Guarantee Fund to support green finance

The African Guarantee Fund (AGF) is teaming up with the Nordic Development Fund (NDF) to assist banks in enhancing their…

byayotilewaMarch 21, 2024March 21, 2024
LCCI raises alarm over soaring Inflation
LocalMarket

LCCI raises alarm over soaring Inflation

The Lagos Chamber of Commerce and Industry (LCCI) has expressed deep concerns regarding the continuous rise in inflation, stating that…

byayotilewaMarch 21, 2024March 21, 2024
SEC declines PZ Cussons request to buy out Other shareholders
BusinessinvestmentStock

SEC declines PZ Cussons request to buy out Other shareholders

PZ Cussons Nigeria’s plan to delist from the Nigerian Exchange Group (NGX) has encountered a hurdle, as the Securities and…

byayotilewaMarch 21, 2024March 21, 2024
Naira Strengthens To N1400/$ At Parallel Market
BusinessCurrencyLocal

Naira Strengthens To N1400/$ At Parallel Market

Parallel market operators are now quoting a buy price of N1400/$1 for individuals looking to sell dollars, indicating a significant…

byayotilewaMarch 21, 2024March 21, 2024
Customs launches authorised economic operators programme
BusinessLocal

Customs launches authorised economic operators programme

The Nigeria Customs Service (NCS) unveiled the Authorised Economic Operators (AEO) programme in Abuja on Wednesday, aiming to enhance ease…

byayotilewaMarch 21, 2024March 21, 2024
CBN Clears Foreign Exchange Backlogs
BankingBusinessLocal

CBN Clears Foreign Exchange Backlogs

The Central Bank of Nigeria (CBN) has announced the clearance of all valid foreign exchange backlogs, fulfilling a key pledge…

byayotilewaMarch 21, 2024March 21, 2024
NNPC Public Listing Is Within Sight, Says Kyari
Business

NNPC Public Listing Is Within Sight, Says Kyari

Mele Kyari, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, indicated during the CeraWeek…

byayotilewaMarch 21, 2024March 21, 2024
GTCO Food and Drink festival returns in 2024
Business

GTCO Food and Drink festival returns in 2024

The eagerly anticipated 7th edition of the GTCO Food and Drink Festival is set to take place from Friday, April…

byayotilewaMarch 21, 2024March 21, 2024
FBN Holdings appoints new directors under  Otedola’s chairmanship
BankingLocal

FBN Holdings appoints new directors under Otedola’s chairmanship

FBN Holdings, Nigeria’s oldest bank, has appointed three new directors for the HoldCo and two for the Bank, marking the…

byayotilewaMarch 21, 2024March 21, 2024
Nigeria’s Economic Outlook Brightens As Brent Hits $86
BusinessLocal

Nigeria’s Economic Outlook Brightens As Brent Hits $86

Nigeria’s economic outlook has brightened with Brent crude oil prices surging to $86 per barrel, a significant increase from previous…

byayotilewaMarch 20, 2024March 20, 2024
CBN lifts restrictions on milk and dairy imports
BusinessLocal

CBN lifts restrictions on milk and dairy imports

The Central Bank of Nigeria (CBN) has announced the lifting of restrictions on the importation of milk and dairy products.…

byayotilewaMarch 20, 2024March 20, 2024
Jim Obazee allegedly request N2bn from CBN Gov over assignment
FinanceLocal

Jim Obazee allegedly request N2bn from CBN Gov over assignment

The Chairman of the Special Investigative Committee, Jim Obazee, has reportedly requested N2 billion from the Governor of the Central…

byayotilewaMarch 20, 2024March 20, 2024
Unchecked frequencies of foreign airlines in Nigeria, threat to ‘local operators’
Local

Unchecked frequencies of foreign airlines in Nigeria, threat to ‘local operators’

Local airline operators in Nigeria are expressing concern over the number of daily flights, or frequencies, that foreign airlines are…

byayotilewaMarch 20, 2024March 20, 2024
Ali Pate to deliver keynote speech at NDFF 2024 conference
Local

Ali Pate to deliver keynote speech at NDFF 2024 conference

The Coordinating Minister of Health and Social Welfare, Professor Muhammad Ali Pate, has been confirmed as one of the keynote…

byayotilewaMarch 20, 2024March 20, 2024
Sudan’s Bashir moved to ‘secure military site’ – lawyer
Africa

Sudan’s Bashir moved to ‘secure military site’ – lawyer

Former Sudanese president Omar al-Bashir, represented by his lawyer Mohamed al-Hassan al-Amin, has been relocated from a hospital, where he…

byayotilewaMarch 20, 2024March 20, 2024
Suspected poachers killed in gunfire with Zimbabwe rangers
Africa

Suspected poachers killed in gunfire with Zimbabwe rangers

In a shootout near the Kazungula border post in Matabeleland North province, Zimbabwe rangers have fatally shot two suspected poachers.…

byayotilewaMarch 20, 2024March 20, 2024
Nigeria launches mega solar plant to boost national grid
Local

Nigeria launches mega solar plant to boost national grid

Nigeria has taken a significant step towards clean energy by signing a deal to construct a 20MW hybrid hydro-solar power…

byayotilewaMarch 20, 2024March 20, 2024
Prominent DR Congo journalist Stanis Bujakera freed
Local

Prominent DR Congo journalist Stanis Bujakera freed

Prominent journalist Stanis Bujakera has been released from the notorious Makala prison in Kinshasa, Democratic Republic of Congo, despite authorities…

byayotilewaMarch 20, 2024March 20, 2024
Senegal President: “I did nothing wrong”
Africa

Senegal President: “I did nothing wrong”

Senegal’s President Macky Sall has defended his decision to attempt to postpone elections, which triggered deadly protests in the country…

byayotilewaMarch 20, 2024March 20, 2024
IMF reaches agreement with Pakistan to disburse $1.1 billion
World

IMF reaches agreement with Pakistan to disburse $1.1 billion

The International Monetary Fund (IMF) announced on Wednesday that it has reached a staff-level agreement with Pakistan. If approved by…

byayotilewaMarch 20, 2024March 20, 2024
Tanker capsizes off coast of Japan, seven deaths confirmed
World

Tanker capsizes off coast of Japan, seven deaths confirmed

A South Korean-flagged chemical tanker named Keoyoung Sun has capsized off the coast of Yamaguchi prefecture in western Japan. According…

byayotilewaMarch 20, 2024March 20, 2024

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