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Clean energy: Nigeria, others to get UK's £40m grant
News

Clean energy: Nigeria, others to get UK’s £40m grant

Bisola David A UK-based initiative, The Energy Catalyst, has awarded over £40 million in grant funding to various pioneering projects in countries such as Nigeria dedicated to leveraging clean energy and facilitating an equitable and inclusive transition to sustainable energy. The Times reported that this funding was announced by UK Prime Minister, Rishi Sunak during the United Nations […]

Manufacturers lament N275bn palliative loan delay
News

Manufacturers lament N275bn palliative loan delay

Bisola David There are growing concerns about the alleged delay in the disbursement of the N275 billion palliative loan promised to the country’s manufacturers and Micro, Small, and Medium-sized Enterprises. The Punch reported that the fears were reportedly stoked by supervisory agencies’ lack of communication regarding the program’s status, a development that has stoked worries that […]

Lagos set to increase trips on electrified blue line
Transportation

Lagos set to increase trips on electrified blue line

The electrified blue line rail’s daily trip count will rise from 54 to 76 before the year ends, according to a statement from the Lagos State Government. This information was disclosed by the agency’s managing director, Abimbola Akinajo, at a briefing conducted in Lagos to commemorate the organization’s 20 years of existence. According to Akinajo, […]

Kano State to buy HIV/AIDS kits for N69m
News

Kano State to buy HIV/AIDS kits for N69m

The Kano state government has set aside N69 million for the purchase of quick test kits in an effort to reduce HIV/AIDS transmission in the state. According to The Times, this was disclosed by the Health Commissioner, Dr. Labaran Yusuf, at a news conference held in Kano to honour World AIDS Day in 2023. Yusuf clarified that in […]

FG may increase employee pensions in 2024 - Wages Commission
featured

FG may increase employee pensions in 2024 – Wages Commission

The National Salaries, Incomes and Wages Commission’s study on the harmonization of pensions, which was submitted to the Federal Government, includes information that suggests pensioners in the federal civil service may receive an increase in their pension stipends in the upcoming year. According to The Punch, It was learned that both Federal Government pensioners under […]

AfCFTA, UBA sign $6bn MoU to support SMEs
Business

AfCFTA, UBA sign $6bn MoU to support SMEs

The African Continental Free Trade Area secretariat and United Bank for Africa, one of Nigeria’s Tier One lenders, have signed a $6 billion memorandum of understanding to finance small and medium-sized businesses so they may take advantage of the opportunities provided by the AfCFTA. The Punch reported that this was said at the Nigerian Canadian […]

Microsoft to open mobile Xbox store
News Tech

Microsoft to open mobile Xbox store

The CEO of Microsoft Gaming, Phil Spencer, has said the company is in discussions with partners about opening an Xbox mobile store, Bloomberg reported. Spencer during an interview on Thursday at the CCXP comics and entertainment conference in Brazil. The mobile store, which would compete with Apple and Google, might debut sooner rather than later […]

Telegram makes voice, video transcription free for users
News Tech

Telegram makes voice, video transcription free for users

Telegram has made voice and video message transcriptions available for free users. Prior to this, the feature has been available to Telegram Premium members since last year. Now, the platform is making this functionality available to all users, albeit with tighter restrictions. Two text messages can be converted into messages each week for free users. […]

Walmart quits advertising on X
News Tech

Walmart quits advertising on X

Walmart on Friday said it has quit advertising on social media platform X, becoming one of the latest brands to drop advertising on the Elon Musk-owned site. “We aren’t advertising on X as we’ve found other platforms to better reach our customers,” a Walmart spokesperson said. The platform has struggled to retain advertisers since Musk […]

CBN
Banking

No BVN, NIN, no bank transactions from April — CBN

The central bank has declared that all bank accounts without a BVN and NIN will be placed on “Post no Debit” status beginning in April 2024. According to Nairametrics, all deposit money banks received a circular from the central bank that included this information. The central bank further declared that by January 31, 2024, any […]

Apple TV+ losing over $1bn annually, streamers bite Netflix, others
Uncategorized

Apple, Paramount consider joining streaming services

Apple and Paramount Global have discussed the combining of their streaming services at a discounted price, The Wall Street Journal reported on Friday. The companies have discussed launching a combined Paramount+ and Apple TV+ product that would be less expensive than subscribing to both services separately. Combining the two competing streaming giants may probably draw […]