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NCAA plans real-time baggage tracking for air passengers

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NITDA partners Canadian tech firms on AI, digital innovation

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Tinubu unveils reform to unlock $50bn deep offshore investments

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FG unveils plan to revamp cooperative sector, targets $1trn economy
Economy

Naira crashes further against dollar, sells N1,582/$1

The intra-day high for the Nigerian naira against the US dollar peaked at N1,582 on Wednesday, coinciding with a notable 56.58% decrease in forex turnover, which fell to $117.87 million. Both official and black-market exchange rates experienced marginal declines against the dollar. Despite this, recent improvements in forex turnover are partially credited to the Central […]

Dating sites Tinder, Hinges sued for exploiting user addiction
Tech

Dating sites Tinder, Hinges sued for exploiting user addiction

Match Group, the parent company of dating apps Tinder and Hinge, have been sued for using addictive features to keep users in a continuous cycle of payments and falling short of delivering genuine connections. The class-action suit filed in the federal court of the Northern District of California, claims that Match Group prioritizes financial gains […]

Maggots forces Delta flight to make a U-turn
Aviation featured

Maggots forces Delta flight to make a U-turn

Airplane passengers experienced shock and dismay as maggots rained down on them from a suitcase containing decomposing fish, stored in the overhead luggage compartment of a Delta flight. The flight, from Amsterdam and en route to Detroit, reportedly had to return to Schipol following the unsettling incident on Tuesday. One passenger who spoke about the […]

Dapo Abiodun launches N5bn palliative for Ogun residents
Business

Dapo Abiodun launches N5bn palliative for Ogun residents

Ogun State Governor, Dapo Abiodun, announced over N5bn intervention plans on Wednesday which he said would play a big role in helping the residents of the state stay afloat the biting effects of the country’s struggling economy due to the growing inflation and currency devaluation. This came FG announced on Wednesday that the distribution of […]

Students' loan scheme to be launched in three weeks - Gbajabiamila
News

Students’ loan scheme to be launched in three weeks – Gbajabiamila

Gbajabiamila says student loan scheme to be launched in three weeks It is anticipated that the student loan program would go into effect in the three weeks. According to The Times, the President’s Chief of Staff, Femi Gbajabiamila expressed the administration’s passion to ensure the scheme launch is successful. At the State House in Abuja, […]

FG reviews road concessions, repairs on Kaduna-Abuja expressway
Business

FG enlists retired military officers to safeguard highway construction workers

Retired military and security personnel have been hired by the Federal Government through the Ministry of Works to guard and secure building sites. According to The PUNCH, during a meeting with Adhoc Committee members at the ministry’s Abuja headquarters, Minister of Works, David Umahi revealed this. “The team was formed to address the persistent concerns […]

Gbajabiamila says student loan scheme to be launched in three weeks It is anticipated that the student loan program would go into effect in the three weeks. According to The Times, the President's Chief of Staff, Femi Gbajabiamila expressed the administration's passion to ensure the scheme launch is successful. At the State House in Abuja, He said these things while hosting a delegation from the National Association of Nigerian Students, which was led by the organization's president, Lucky Emonefe, Gbajabiamila called on Nigerian students to express their support for the Student Loan Funds program, stressing that its goal is to guarantee that all Nigerian students, irrespective of their financial situation, have access to high-quality education. "He underlined the president's resolve to see it through and exhorted Nigerian students to support the effort in order to guarantee that no worthy but underprivileged student is turned away from the loan" said Femi The Chief of Staff told the students that "continuous attempts are being made to address the union's concerns and that the government is ready to stop any impending industrial action by members of the Academic Staff Union of Universities". He added that President Tinubu has issued many directives with the goal of putting an end to academic union strikes at universities and other higher education institutions.
Business

FG to receive 2000 tractors annually from US firm

By Christian George The federal government has signed a Memorandum of Understanding with an American firm, John Deere, to receive at least 2000 tractors. The US company would supply Nigeria with the 2000 tractors yearly in the next five years. This was made known by the Minister of Agriculture and Food Security, Sen. Abubakar Kyari, […]

As regional groups across the country continue to condemn the hardship faced by citizens, attributed to the removal of fuel subsidy and the foreign exchange crisis which has led to food inflation and high transport cost.
Business News

FG, states meet over food crisis

By Melvin Onwubuke   As regional groups across the country continue to condemn the hardship faced by citizens, attributed to the removal of fuel subsidy and the foreign exchange crisis which has led to food inflation and high transport cost. According to The Punch, President Bola Tinubu, will hold an emergency meeting with state governors […]

Access Holdings stocks recover after leadership transition
News

Access Holdings stocks recover after leadership transition

By Melvin Onwubuke   After a temporary loss of 6.26% on Monday, Access Holdings shares rebounds to positive territory. The temporary decline could be attributed to the demise of the former Group Managing Director, Herbert Wigwe. According to nairametrics, inspite of this, Access Holdings share price has rebounded, recording a gain of 1.29% or 30k […]

Nokia launches AI-messaging tool for industry workers
Tech

Nokia launches AI-messaging tool for industry workers

Tech giant Nokia on Wednesday announced a technology that uses artificial intelligence to produce messages for industrial workers. Based on real-time data, the “MX Workmate” program provides recommendations for improving manufacturing productivity together with alerts regarding malfunctioning machinery. According to a statement from the firm, the tool also builds on Nokia’s current communications technology, which […]

Nigerian startup Astrotwig loses $20,000 to scam
Tech

Nigerian startup Astrotwig loses $20,000 to scam

Nigerian platform integrating music streaming with social networking, Astrotwig has alleged a loss of $20,000 to Mr. Simon Tiwari, an angel investor who pledged a convertible loan of $1 million in their pre-seed round. The startup reportedly secured funds through loans from friends and family. Facing the financial setback, Astrotwig initiated a crowdfunding campaign to […]

3MTT program names community managers to boost digital talent
Business

3MTT program names community managers to boost digital talent

The Federal Ministry of Communications, Innovation & Digital Economy is pleased to announce the 3MTT Community Managers for each of the 36 states in Nigeria as well as the Federal Capital Territory. This announcement comes after the announcement of the N1 billion partnership with IHS Nigeria to support the 3MTT Learning Community. According to The […]

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