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Shettima arrives Asaba for Delta investment summit

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Guinea opts out of ECOWAS single currency plan

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I went from dollar millionaire to labourer in England

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W’Africa needs $100bn annually to meet developmental goals —

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Customs seize contraband worth N924m in three months
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Seme Customs Boss blames ‘Nigerian factor’ for proliferation of illegal checkpoints

The Seme Area Command of the Nigeria Customs Service, NCS, has cited the “Nigerian factor” as the cause of the numerous checkpoints staffed by security personnel along the route, particularly between Agbara, Badagry, and Seme. The Customs Area Controller, Dera Nnadi mni, said that as the lead agency in Seme Border, his office has done everything […]

UN Security Council convenes to discuss AI risks
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UN Security Council convenes to discuss AI risks

The United Nations Security Council made history with its first-ever meeting focused on artificial intelligence. As the world acknowledges the transformative power of AI, global leaders and experts convened to discuss its potential risks and opportunities. AI’s far-reaching impact on humanity was emphasized during the meeting, with China cautioning against it becoming a “runaway horse,” […]

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FAAC to share N1.959 trn revenue for July on Wednesday

The Federation Account Allocation Committee is billed to meet in Abuja, today, July 19, to share the revenue generated in July among the three tiers of government.   It was gathered that the three tiers of government (Federal, State, Local Government Area) would share the sum of N1.959 trillion in July.   The revenue allocation […]

31.5 million Nigerians at risk of food crisis - Report
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FG to penalize trade groups over unreasonable food price hike

            The Federal Government, through the Federal Competition and Consumer Protection Commission, has revealed its intent to initiate the implementation of penalties against trade association members found to be engaged in anti-competitive practises, as well as those responsible for arbitrary and unreasonable increases in food prices. This was said on […]

Reps to investigate NNPCL over failure to remit revenue
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Reps to investigate NNPCL over failure to remit revenue

        The Nigerian National Petroleum Company Limited’s failure to transfer funds to the federation account will be the subject of inquiries by the House of Representatives. This came after the plenary on Tuesday approved a resolution by Uduak Odudo titled “Need to investigate the non-remittance of due taxes by the Nigerian National […]

Elon Musk to remove light mode on 'X' platform
News Tech

Twitter unveils ‘Notes’ feature for long-form content

Twitter CEO Elon Musk on Tuesday announced the launch of Twitter Notes, the feature that would let users write long-form content on the platform, appears to be back on track. “This will allow users to post very long, complex articles with mixed media. You could publish a book if you want,” Musk tweeted. In response […]

NNPCL blames market forces for fuel price hike
Oil and Gas

NNPCL blames market forces for fuel price hike

The group chief executive officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has attributed the rise in the per-liter pump price of fuel from N537 to N617 to market forces. The NNPCL CEO clarified that the hike is not based on a shortage of fuel in an interview with reporters on Tuesday following a meeting with […]

NLC Northwest Zone suggests N485,000 minimum wage for labourers
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NLC rejects new petrol pump price

Juliet Buna   The Nigeria Labour Congress on Tuesday rejected the new petrol pump price of N617 per liter   The NLC in a statement by it’s National President, Joseph Ajaero said the union would be forced to take matters into their own hands of the government does not review its policies.   The statement […]

petrol pump
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Revert to old petrol price, NUJ tells FG

Juliet Buna   The Nigeria Union of Journalists has asked the Federal Government to reverse immediately the current price of petrol.   The union in a statement signed by the National secretary, Shuaibu Usman Leman also called on the Federal Government to put in place adequate measures to lessen the effects on ordinary Nigerians.   […]

TikTok reassigns senior executive team
News Tech

TikTok partners Warner music in music licensing deal

Warner Music Group has signed a licencing deal with the Chinese short-video app TikTok, to increase its social media profits, the record label. The multi-year agreement, which the businesses announced on Tuesday, would enable Warner Music’s artists and songwriters to take advantage of new revenue and marketing opportunities from TikTok’s more than 1 billion users. […]

News

Spain hits Apple, Amazon with €194m antitrust fine

The US digital behemoths Amazon and Apple were fined a combined sum of 194 million euros ($218 million) by Spain’s antitrust watchdog on Tuesday for colluding in the selling of goods. The regulator stated in a statement that the two companies had agreed to prohibit the selling of Apple items on Amazon’s Spanish websites by […]

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