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Nigeria needs $3.3m to curb diphtheria outbreak - UNICEF
Business

Nigeria needs $3.3m to curb diphtheria outbreak – UNICEF

UNICEF Nigeria has stated that an additional $3.3 million must be raised before the end of the year in order to stop the country’s growing diphtheria outbreak. According to The Times, more than 11,500 suspected cases, more than 7,000 confirmed cases, and regrettably, the deaths of 453 people who are mostly children, have been linked […]

X will be profitable in 2024, says CEO Yaccarino
News Tech

X will be profitable in 2024, says CEO Yaccarino

X CEO Linda Yaccarino has disclosed that the company will be profitable by early 2024. “Now that I have immersed myself in the business, and we have a good set of eyes on what is predictable, what’s coming is that it looks like in early ’24, we will be turning a profit,” Yaccarino said on […]

BOI boss receives banking award
News

BOI boss receives banking award

The Special African Banking Leadership Commendation Award from the ninth International Forum on African-Caribbean Leadership was given to the Chief Executive Officer of Nigeria’s Bank of Industry, Mr. Kayode Pitan. The Punch reported that annually, the African Leadership Magazine hosts the International Forum on African Leadership with the theme “African-Caribbean Cooperation and Today’s Geopolitics” in New […]

NNPC, First E&P provide free healthcare in host communities
News

NNPCL failed to remit N2.8tn taxes – NEITI

The Nigerian Extractive Industries Transparency Initiative has stated that the Nigerian National Petroleum Company Limited failed to pay the Federal Government roughly N2.8 trillion in taxes in 2022. According to NEITI’s recently released “2021 Oil and Gas Industry Report,” of the approximately N3.5 trillion ($8.25 billion at the 2022 exchange rate of N448 to $1), that […]

Debt crisis: IMF urges Nigeria to stop tax waivers
Business

Debt crisis: IMF urges Nigeria to stop tax waivers

The International Monetary Fund has counseled Nigeria and other Sub-Saharan African nations to concentrate on reducing tax exemptions and mobilizing domestic revenue to decrease their budget deficits. According to The Punch, it claimed that this was a better strategy than cutting taxes, which may harm economic growth. In a report titled “How to avoid a […]

Knight Frank launches learning hub for fresh graduates
News

Knight Frank launches learning hub for fresh graduates

A real estate company, Knight Frank, as part of its initiatives to foster professionalism among recent graduates who have not yet made their mark on the job market, has developed a learning center. According to The Punch, the learning hub will assist in bridging the knowledge gap by preparing a fresh approach to talent development for the real […]

Nigeria is entering an era of concrete highways - FG
Business

Nigeria is entering an era of concrete highways – FG

Nigeria is progressively transitioning to the era of concrete roads, according to Minister of Works, David Umahi. According to The Punch, Umhai pointed out that President Bola Tinubu was the one who first proposed concrete roadways. Umahi allegedly made this statement while inspecting the ongoing dualization of the Calabar-Odukpani-Itu and Ikot-Ekpene Road, which crosses the states […]

Business

How human capital devt will curb brain drain, unemployment – NESG

The Nigerian Economic Summit Group has emphasized the necessity for public and private sector stakeholders to support and ensure human capital development. The Punch reported that the group said in a statement that doing this was essential to tackling Nigeria’s problems with brain drain and unemployment. The chairperson of the NES 29 Central Organising Committee, Amina […]

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Address rising cost of petrol – Marketers urge FG

The Federal Government has been urged by the Nigerian Association of Liquefied Petroleum Gas Marketers to develop ways to guarantee gas price stability and make it accessible to ordinary Nigerians. The Punch reported that the request was made by the national president of NALPGAM, Abideen Olatunbosun, on Tuesday in Ibadan, Oyo State, at the association’s 36th […]

Snap shuts down enterprise services months after launch
News Tech

Snap shuts down enterprise services months after launch

Snap is closing its division that produces augmented reality services for enterprises within months of its launch. According to Snap, which like other social media companies has been bearing the brunt of low advertising spending from inflation-hit businesses since early last year, the division’s shutdown will result in around 170 job losses. The company that […]

Mark Zuckerberg introduces smart glasses, AI assistant
News Tech

Mark Zuckerberg introduces smart glasses, AI assistant

The CEO of Meta, Mark Zuckerberg, unveiled new AI devices for users on Wednesday, including smart glasses that can respond to queries and broadcast content straight to Facebook. Zuckerberg emphasised that part of what Meta offered was low-cost or free AI that could integrate into a daily routine and defined the goods as bringing together […]