Lagos settles Dangote refinery, park operators dispute
The Lagos State Government has announced a resolution to the disagreement between Dangote Refinery and e-call-up parking operators. The e-call-up initiative, supported by the state government, aims to prevent trucks…
Privacy group NOYB urges Mozilla to address user data concerns
Alex Omenye An European privacy advocacy group, NOYB is pressing Mozilla to enhance its user data protection practices. Mikolasch, a data protection lawyer at NOYB, emphasized the importance of user…
President Ramaphosa meets Elon Musk over Starlink licensing talks
Alex Omenye A week after confirming discussions between the South African government and Elon Musk's SpaceX regarding a Starlink licence, President Cyril Ramaphosa met with Musk again at the UN…
E-Payment transactions reach N89.5tn in July 2024 – NIBSS
The Nigeria Inter-Bank Settlement Systems has announced that Nigerians spent a total of N89.5 trillion through electronic channels in July 2024. This significant figure underscores the growing reliance on digital…
Budget Office starts preparations for 2025 appropriation bill
The Federal Government has initiated preparations for the 2025 national budget, issuing a clear directive to ministries, departments, and agencies to include only line items that fall within their mandates.…
84% of Nigeria’s workforce is self-employed – NBS
The National Bureau of Statistics has reported that 84% of Nigeria’s working-class population was self-employed in the first quarter of 2024, marking a decline from 87.3% in the third quarter…
Nigerian aviation stakeholders back Emirates’ dollar pricing airfares
Aviation experts are backing Emirates Airlines’ decision to charge passengers in dollars, citing the airline's dollar-denominated costs and funds that are currently inaccessible in Nigeria. They argue that, given the…
Flight tickets hit N123, 700 in August – NBS
The average fare paid by air passengers for specified routes on a single journey experienced a significant increase, reaching N123,700.14. This figure represents a 25.51% increase compared to the N98,560.28…
PENGASSAN urges FG to increase stake in Dangote refinery
The Petroleum and Natural Gas Senior Staff Association of Nigeria has called on the Federal Government to raise its stake in the Dangote Petroleum Refinery from 7% to at least…
Nigeria’s external reserves surge to $39.07bn – Cardoso
Nigeria’s external reserves have continued to grow, reaching $39.07 billion as of September 19, 2024. This increase reflects positive trends in foreign exchange inflows and ongoing efforts to stabilize the…
FTX fraud: Disgraced crypto boss Bankman-Fried’s ex-girlfriend jailed
Former cryptocurrency executive Caroline Ellison was jailed for two years on Tuesday for her involvement in the theft of approximately $8 billion in customer funds tied to the collapse of…
BUA foods, Italian firm partner to boost pasta production capacity
BUA Foods Plc has signed a capacity expansion agreement with Italian company FAVA to boost its pasta production from 400,000 tonnes to 900,000 tonnes annually. This partnership aims to enhance…