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BTS snubs 2027 Grammys over new Asian pop category

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Aviation

TUC kicks against ban on aviation workers’ strike

Oluwanifemi Ojo   The Trade Union Congress has vowed not to yield to the Federal Government’s plan to stop aviation staff from industrial actions like strike. According to The Punch, TUC, represented by the President, Festus Osifo, has said on Wednesday that the proposed plan of the government to ban industrial actions by aviation workers […]

News

King Charles won’t Appear on Australia’s New $5 Note

Juliet Buna   The Reserve bank of Australia has announced that King Charles III will not feature on Australia’s new five dollar note but rather a new design that honors “the culture and history of the First Australians,”.   According to CNN, the Reserve Bank of Australia said the design will replace the portrait of […]

Energy

World Bank funds Africa renewable energy project with $311m

Oluwanifemi Ojo   The World Bank has signed an agreement with four African countries, Chad, Liberia, Sierra Leone, and Togo, worth $311 to fund renewable energy projects. The new Regional Emergency Solar Power Intervention Project was approved by the World Bank in December 20, 2022 with the aim of accelerating grid-connected renewable energy systems. Also […]

News

Australia removes Queen Elizabeth from new $5 banknote

  Bisola David The late Queen Elizabeth II’s image on Australia’s $5 note will be removed off its currency, the country’s central bank announced on Thursday, and will be replaced with a design honoring Indigenous culture. According to The Punch, no monarch would be present on Australia’s paper money if King Charles III, her heir, […]

Banking

Moody’s rating downgrades nine Nigerian banks

A global rating agency, Moody’s Investors Service, downgraded nine Nigerian banks after an assessment of Nigerian banks on Tuesday. According to Daily Trust, Access Bank Plc, Zenith Bank Plc, First Bank of Nigeria Limited, United Bank for Africa Plc, Guaranty Trust Bank Limited, Union Bank of Nigeria plc, Fidelity Bank Plc, FCMB Limited, and Sterling […]

Banking

ICPC storms banks to monitor cash disbursement

Oluwanifemi Ojo The Independent Corrupt Practices and Other Joint Task Force have begun monitoring the cash disbursement exercise as they visited two banks in Bauchi State on Tuesday. According to The Punch, the operations of this agency will cut across every part of the country. It was gathered that this operation was being carried out […]

Banking

Kuda bank allays customers fears amid operation glitch

  Online banking institution, Kuda Bank has allayed the fears of its customers who have been unable to access their funds since Tuesday due to glitches on its platform. The financial institution through a statement via its social media platforms stated that the customers’ money is secure and will be accessible once the app issue […]

Business

White House slashes credit card fees, app charges

Oluwanifemi Ojo   The Executive Office of the President of the United States has announced its plans to reduce charges on credit card late fees and slash the prices charged on mobile app stores by Apple and Alphabet, Google parent company. White House officials said the effort to slash these charges is part of a […]

Buhari
Mobile phones Technology Telecommunications

Nigeria has 100% broadband penetration – Buhari

The president, Major General Muhammadu Buhari (retd.), on Tuesday, claimed that broadband penetration was at 100% throughout the nation. According to The Punch, he disclosed this at the maiden Digital Economy Conference of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, held at the Abuja Chamber of Commerce and Industry complex. Speaking through the  Minister […]

Our Next Energy (ONE) CEO Mujeeb Ijaz stands next to Aries lithium iron phosphate battery packs waiting to undergo testing at ONE's headquarters in Novi, Michigan, U.S., April 25, 2022. REUTERS/ Rebecca Cook
Business

US EV battery startup ONE’s valuation hits $1.2bn

Our Next Energy, a US-based maker of batteries for electric vehicles, reported that it closed a $300 million Series B funding on Wednesday. This round takes the valuation of the startup that is three years old to $1.2 billion. Our Next Energy is now among the most valuable privately held battery companies in the country […]

Buhari
News

TI ranks Nigeria 150 on corruption index

The Transparency International has ranked Nigeria 150 on corruption index. Following this ranking, the country still retains its last year’s point of 24 on the Corruption Perceptions Index. Although the country maintains the same score, it position moved from 154 in 2021 to 150 in 2022. This information was disseminated by the Civil Society Legislative […]

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