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Manufacturers’ confidence rebounded in Q2 despite operating challenges

  • 7th August 2026

Firms expect borrowing costs to ease in coming

  • 7th August 2026

FG unveils Tinubu Light Initiative for one million

  • 6th August 2026

NMDPRA proposes ban on fuel price fixing

  • 6th August 2026

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Manufacturers’ confidence rebounded in Q2 despite operating challenges —

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Naira holds steady at ₦1,368/$ in official FX market

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Firms expect borrowing costs to ease in coming months

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Food security: FG launches sub-saharan systems dashboard

The Sub-National Food Systems Dashboard, which will update the Presidency on policy measures and track the food system transformation agenda for national development, was launched by the Federal Government on Thursday. According to The Times, the Minister of State for Agriculture and Food Security, Sen. Sabi Aliyu-Abdullahi, made this announcement at the Abuja inauguration. He continued […]

Google appoints new leader for Gemini AI development
News Tech

Google to launch Gemini AI soon

A small number of businesses have been granted access to an early version of Gemini, Google’s conversational AI programme, according to a report by The Information. According to the report, Gemini is meant to compete with OpenAI’s GPT-4 model. The debut of Gemini holds a lot of significance for Google. Google has increased its generative […]

Manufacturers warn price hikes to persist without solutions
Business

Cement sales drop 30% over naira redesign – MAN

The Manufacturers Association of Nigeria reported that at the height of the currency crisis earlier this year, cement sales decreased by 30%. According to The Punch, the group also claimed that a 20% decrease in consumer goods sales occurred during this time due to a lack of access to cash. MAN claimed that it described […]

6000 brands receive certification from SON
Business

12 Anambra companies receive SON’s MANCAP certification

The Nigerian Standards Organization has granted the Mandatory Conformity Assessment Program certificate to around 12 organizations that have retained outstanding quality awards. According to The Punch, on Thursday, the awards event was held at the SON office in Nnewi, Anambra State. The event’s keynote speaker, Director General of SON,  Mallam Farouk Salim, stated that the awards were […]

Salesforce acquires Informatica in $8bn deal
News Tech

Salesforce to hire 3,000 workers

Cloud-based software company Salesforce is now hiring 3,300 people across a variety of departments, according to a Thursday report by Bloomberg News. “Our job is to grow the company and to continue to achieve great margins,” Benioff told Bloomberg in an interview. “We know we have to hire thousands of people.” The disclosure is coming […]

Maritime workers lament vessel registration difficulty
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Maritime workers lament vessel registration difficulty

  By Wilson Adekumola A group of maritime workers under the aegis of the Women in Maritime Africa, Nigeria chapter, has lamented the country’s multiple registration of vessels and barges. According to the News Agency of Nigeria, the President of WIMA Nigeria, Mrs Rollens Macfoy, disclosed this while speaking with journalists in Lagos on Thursday. […]

WordPress integrates ActivityPub to allow followership
News Tech

WordPress integrates ActivityPub to allow followership

WordPress, a platform for creating websites, has made it possible for users to follow the platform on services like Mastodon and among other users in the fediverse thanks to ActivityPub 1.0.0. Automattic, the parent company of WordPress demonstrated its commitment to the fediverse in March when it purchased an ActivityPub plug-in that enables WordPress blogs […]

Spotify launches ‘Upcoming Releases’ hub to track new albums
News Tech

Spotify launches Songwriter Promo Cards for upcoming artists

Spotify on Thursday introduced the “Songwriter Promo Cards,” a promotional tool for songwriters to advertise their songs and attract new listeners and possible collaborators. On promocards.byspotify.com, songwriters may build customisable social media assets known as songwriter promo cards. Songwriters look up their names, pick their profiles, and select backgrounds that match their style. The promotional […]

Google launches 10-year upgrade for chromebooks
News Tech

Google launches 10-year upgrade for chromebooks

Google on Thursday that Chromebooks would henceforth get regular software upgrades for ten years following the launch of the hardware. This action will contribute to the increased durability of those devices. Users of Chromebooks introduced in 2021 will receive 10 years of automatic upgrades beginning in 2024, according to the company. “A platform is a […]

BUA Foods declares ₦81bn dividend for FY 2022
Business

BUA Foods declares ₦81bn dividend for FY 2022

BUA Foods Plc shareholders unanimously approved the proposed final dividend payment of NGN4.50 per share with a total value of NGN81 billion at the company’s 2nd Annual General Meeting held in Abuja at the Transcorp Hilton Hotel. The Times reported that this value was influenced by the positive growth that was reported in the fiscal year that concluded […]

Belgium probes iPhone 12 over potential health hazards
News Tech

Belgium probes iPhone 12 over potential health hazards

Belgium on Thursday announced it will examine any potential health hazards associated with Apple’s iPhone 12. This raises the suspicion of the possibility that other European countries would follow suit and outlaw the device. An EU-wide ban did not appear to be imminently possible, though, as the European Commission stated it would wait for input […]

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