FG disburses N24.78bn to 991,261 households via cash transfer program
The Federal Government has allocated N24.78 billion through the National Cash Transfer program to assist 991,261 impoverished households in Nigeria. This initiative, managed by the National Social Investment Programme Agency,…
Mark Zuckerberg mocked for phrase on shirt at Meta Connect event
Mark Zuckerberg faced playful ridicule for his outfit choice at the Meta Connect 2024 event, where he appeared in a baggy black T-shirt emblazoned with the phrase "AUT ZUCK AUT…
Otedola raises stake in First Bank to 13.15%
The chairman and majority shareholder of First Bank of Nigeria Holdings, Femi Otedola has raised his stake in the company to 13.15 per cent. This strategic move underscores Otedola's confidence…
Dangote refinery: Reps move to break NNPCL’s fuel lifting monopoly
The House of Representatives has referred a motion advocating for other petroleum marketers to directly lift premium motor spirit from the Dangote Refinery to a joint national assembly ad hoc…
NMRC secures $228m for affordable mortgage financing
The Nigeria Mortgage Refinance Company Plc has secured $228 million in affordable mortgage financing aimed at supporting vulnerable earners and borrowers. This was disclosed in statement by NMRC on Thursday…
How Nigeria can stop importing food – Wale Edun
Nigeria is poised to significantly reduce its reliance on food imports, as announced by Minister of Finance and Coordinating Minister of the Economy, Wale Edun. He outlined an ambitious strategy…
OpenAI moves to remove non-profit control, give Sam Altman equity
A governance changes are taking place behind the scenes at OpenAI, one of the most influential AI firms, Reuters reported. The restructuring process, still in development with input from lawyers…
Court hands death sentences to 2018 Kwara bank robbery suspects
Justice Haleemah Salman of the Kwara State High Court has convicted five suspects in the Offa robbery case for illegal possession of firearms, armed robbery, and culpable homicide, adding that…
Brain drain: NCC urges improved working conditions for telecom workers
The Nigerian Communications Commission has called on telecom operators in the country to implement flexible work policies, improve remuneration, and cultivate a culture of innovation to create an attractive environment…
FG partners firm to develop satellite-based oil spill tracker
The Federal Government, through the National Oil Spill Detection and Response Agency has partnered with the Stakeholder Democracy Network to develop a satellite-based methane tracker aimed at addressing oil spills…
FG backs ExxonMobil’s $10bn Investment in offshore oil operations
The Federal Government has expressed its support for ExxonMobil's announcement of a $10 billion investment in Nigeria’s deep-water offshore oil operations This was disclosed in a statement by Nigeria's Vice…
FG proposes naira-only payments for NIMASA, NPA services
The federal government is proposing that the Nigerian Maritime Administration and Safety Agency and the Nigerian Port Authority begin collecting charges, fees, fines, and other payments in Naira instead of…
