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Tinubu orders NNPC to sell Crude to Dangote in Naira
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Tinubu eyes N34.8trn revenue in 2025

President Bola Tinubu revealed that his administration is targeting a revenue of ₦34.8 trillion in 2025. He made this disclosure while presenting the 2025 budget to a joint session of the National Assembly on Wednesday. Nigeria’s revenue target for the 2024 budget was ₦18.32 trillion, with ₦9.1 trillion achieved in the first half of the […]

Russia to launch free cancer vaccine by 2025
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Russia to launch free cancer vaccine by 2025

The Russian Ministry of Health has announced the development of a groundbreaking cancer vaccine, set to be distributed free of charge to patients starting in early 2025. The vaccine, designed to treat existing cancers rather than prevent them, is reported to slow tumor progression and reduce tumor size by 75-80%. Andrey Kaprin, head of the […]

Over 4m households robbed in one year — Report
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Over 4m households robbed in one year — Report

A staggering 4,142,174 homes, accounting for 4.8% of households in Nigeria, fell victim to home robberies between May 2023 and April 2024, according to a new report by the National Bureau of Statistics. The NBS defined home robbery as an incident where “an offender unlawfully enters into a building residence while the occupants are inside […]

Dutch authorities fine Netflix €4.75m over data transparency breach
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Dutch authorities fine Netflix €4.75m over data transparency breach

Netflix has been fined €4.75 million (approximately $4.98 million) by Dutch authorities for failing to adequately inform subscribers about the use of their personal data. The Dutch Data Protection Authority announced the penalty on Wednesday, citing violations that occurred between 2018 and 2020. According to the AP, Netflix did not provide clear and sufficient details […]

Labour shortage: Poland to overhaul 2025 work visa program
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Labour shortage: Poland to overhaul 2025 work visa program

Poland is set to introduce reforms to its work visa program in 2025, aimed at addressing labor shortages, improving immigration compliance, and streamlining the application process for foreign professionals. These changes, announced by the Polish government, will impact work permit requirements, visa fees, and the demand for skilled workers across various sectors, offering both challenges […]

DR Congo sues Apple over conflict in minerals supply
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DR Congo sues Apple over conflict in minerals supply

The Democratic Republic of Congo has filed criminal complaints in France and Belgium against Apple Inc. and its subsidiaries, accusing the tech giant of using conflict minerals in its supply chain. The complaints, submitted on behalf of the Congolese government, allege Apple’s involvement in “systemic wrongdoing” by sourcing materials tied to human rights abuses in […]

Google to revises app rules after EU charges over market abuse
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Google, Facebook, others contribute N3.8tn in taxes to FG – Report

Foreign companies such as Google, Netflix, and Facebook paid N3.85tn in taxes to the Nigerian Federal Government in the first nine months of 2024, according to National Bureau of Statistics data. This marks a 68.12% increase compared to the N2.29tn collected during the same period in 2023, reflecting improved tax enforcement and the growing impact […]

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Nigeria, African nations propose continental credit rating agency initiative

Nigeria and other African countries are working to create a continental credit rating agency to address the perceived bias of Western agencies like Moody’s, Fitch, and S&P. The initiative aims to provide fairer assessments of African economies, taking into account their unique contexts and growth potential. This was disclosed on Tuesday at the Launch of […]

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Honda, Nissan explore merger to challenge EV makers in China

Honda and Nissan have reportedly engaged in talks about a potential merger to better compete with electric vehicle manufacturers, particularly in China. The move would allow both companies to pool resources and strengthen their presence in the rapidly growing EV market. In March, Honda and Nissan decided to explore a strategic partnership aimed at EVs, […]

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FG allocates N47bn to boost agric, medical education

The Federal Government of Nigeria has set aside N47 billion to improve agricultural and medical education across the country. The funding aims to strengthen food security and develop a more robust healthcare workforce to support national growth. This was disclosed by the Minister of Education, Dr. Tunji Alausa, during a meeting with Pro-Chancellors of federal […]

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CrowdStrike seeks dismissal of Delta’s lawsuit over July cybersecurity outage

CrowdStrike has moved to dismiss Delta Air Lines’ lawsuit regarding the July cybersecurity outage, claiming that Delta is trying to bypass the terms of the contract between the two companies. Delta’s lawsuit stems from the outage that caused flight cancellations and stranded passengers, according to CNBC. CrowdStrike argues that the lawsuit is improper and seeks […]

NAFDAC shuts unregistered bakeries, water packaging companies in Plateau
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NAFDAC destroys 828 bioflex infusion cartons after failed sterility tests

The National Agency for Food and Drug Administration and Control has destroyed 828 cartons of Bioflex infusions supplied by Biomedical Company Limited, Ilorin, after they failed sterility tests. The infusions were flagged following a consumer complaint from Ahmadu Bello University Teaching Hospital, Shika. The complaint, which highlighted the presence of suspended particles in the infusions, […]