W’Bank education scheme sees over 55% reduction in Nigeria’s classroom funding
Funding earmarked for the construction of new classrooms under the Federal Government’s World Bank-supported education programme has fallen by 55.3 per cent…
Business
CPPE raises concern over Nigeria’s weak manufacturing base despite GDP growth
The Centre for the Promotion of Private Enterprise has warned that Nigeria may struggle to achieve sustainable structural transformation without a stronger…
Ferrari unveils first fully electric vehicle ‘Luce’
Italian luxury carmaker Ferrari this week unveiled its first fully electric vehicle to reporters in Rome, Italy, a four-door, five-seater model named…
NASA unveils $20bn plan for three uncrewed moon missions
NASA on Tuesday unveiled plans for three uncrewed lunar missions scheduled for this year, marking the start of an ambitious $20bn project…
Samsung averts strike as workers back massive bonus deal
Workers at Samsung in South Korea on Wednesday approved a wage agreement, averting a potential strike that had threatened to disrupt global…
BP ousts chairman amid concerns over conduct, oversight
British oil giant BP has ousted Albert Manifold from his position as chairman less than a year after his appointment, citing “serious…
Africa mobilises $498.8m as Ebola death toll hits 220
Africa has secured about $498.8 million in pledges and commitments to bolster response efforts against the ongoing Bundibugyo Ebola virus outbreak across…
Nigeria, Türkiye sign MoU to boost solid minerals cooperation
Nigeria and the Republic of Türkiye have signed a Memorandum of Understanding to enhance bilateral cooperation in the solid minerals sector, in…
Pope Leo warns AI must face strict ethical controls
Pope Leo has criticised the “culture of power” behind the rapid expansion of artificial intelligence, warning that the technology must be held…
Oil prices mixed after US strikes against Iran clouds peace prospects
Oil prices traded unevenly on Tuesday as United States military operations in southern Iran and President Donald Trump’s conflicting signals on talks…
FG cancels $717.7m W’Bank power sector loan
The Federal Government has cancelled $717.7 million in undisbursed World Bank funding for Nigeria’s struggling power sector, effectively winding down the remaining…
Tantalizers expands into blue economy with major fisheries deal
Tantalizers Plc has signed a preliminary agreement to acquire one of Nigeria’s biggest indigenous fisheries operators. This marks a significant step in…