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Nigeria’s exports to China jump 80% to $2.3bn

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Apple unveils new commission rates for external app payments

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BOI to channel 80% large enterprise loans towards priority

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RMAFC completes review of Nigeria’s revenue allocation formula

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How fake presidential agency PFIPC was created — Accountant-General

The House of Representatives Committee investigating the alleged operation of the Presidential Foreign Intervention Promotion Council on Monday ordered the Inspector-General of Police, Olatunji Disu, to produce the alleged mastermind, Mr. Adeniyi Matthew Adeyemi, before it by noon tomorrow. This is even as the Accountant-General of the Federation, Shamseldeen Ogunjimi, revealed that a forged letter […]

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Tinubu to announce fresh salary increase for soldiers — Defence minister

The Minister of Defence, General Christopher Musa, retd, has said President Bola Tinubu would soon announce a new salary increase for personnel of the armed forces, as part of the federal government’s efforts to improve troops welfare. Vanguard reported that Musa disclosed this at a one-day training and financial empowerment workshop for widows and wives […]

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Nigeria is facing shortage of investment-ready startups, not funds — SMEDAN

The Small and Medium Enterprises Development Agency of Nigeria has stated that the country’s major challenge is no longer the availability of funding for startups, but rather the shortage of investment-ready businesses capable of attracting and effectively deploying available capital. The agency said it was therefore training a new generation of entrepreneurship trainers to equip […]

News

Poland seeks ex-justice minister’s extradition from US over ‘funds misuse’

Poland on Monday formally requested the extradition of former Justice Minister Zbigniew Ziobro from the United States over allegations of misusing funds intended for crime victims. The public prosecutor’s office said Ziobro faces 26 charges, most of them related to claims that money from a victims’ support fund was used for political purposes. Authorities are […]

Tech

FG launches digital platform to automate civil service posting, promotion

The Federal Government has launched the Human Resource Modules of the Integrated Personnel and Payroll Information System, introducing a fully digital platform that will automate staff postings, promotions, leave applications and other personnel processes across the Federal Civil Service. Head of the Civil Service of the Federation, Mrs Didi Esther Walson-Jack, said the new platform […]

Tech

Nvidia, Microsoft, SpaceX launch AI safety initiative

Nvidia and several other technology giants on Monday launched a new artificial intelligence safety initiative focused on open models, as fallout from a cyberattack involving rogue OpenAI models continues to unfold. The initiative comes after it emerged last week that Hugging Face, the startup targeted in the attack, was unable to rely on leading U.S. […]

Tech

Snapchat introduces real-time music sharing feature for users

Snapchat has launched a new feature that allows users to share the music they are listening to in real time through Snap Map, as social media platforms intensify efforts to expand music discovery and sharing. The feature, called “Now Playing,” enables users to connect their streaming service accounts, starting with Spotify, and display their current […]

Business

UK snubs Nigeria, waives proof-of-funds demand for Tunisia, others

Botswana, Mauritius and Tunisia are among a group of countries whose citizens can apply for a UK Student visa without submitting upfront proof of funds under the country’s differential evidence requirement. Under the arrangement, eligible applicants are not required to provide documentary evidence of their finances when submitting their Student visa applications, according to an […]

Finance

Customs recovers ₦30bn in import duties, moves to impound 10 aircrafts

The Nigeria Customs Service has recovered more than N30bn in import duties from owners of private aircraft as it intensifies efforts to enforce compliance with customs regulations, with plans underway to impound about 10 aircrafts over alleged unpaid duties. Findings by The PUNCH also revealed that the recovery exercise was strengthened through collaboration between the […]

News

Reps order IGP to produce fake presidential agency DG in two days

The House of Representatives Committee investigating the alleged operation of a fake presidential agency on Monday ordered the Inspector-General of Police, Olatunji Disun, to produce the alleged mastermind, Mr Adeyemi Martin, before it on Wednesday by 12 noon. The committee issued the directive after the Nigeria Police Force confirmed key aspects of its ongoing criminal […]

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