FG, UN raises $5bn yearly to tackle poverty
The Federal Government, the United Nations, and other development partners will generate $5 billion every year for Nigeria’s Humanitarian and Poverty Alleviation…
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OpenAI rehires sacked CEO Sam Altman
Sam Altman is set to reclaim his position as CEO of OpenAI, overcoming the upheaval caused by an…
Operator laments skill shortage in furniture industry
The CEO of DO.II Designs Ltd, Ifeyinwa Ighodalo, has lamented the challenges confronting Nigeria’s furniture industry. According to The PUNCH,…
LASG defends N444m SUVs, N7m diffuser expenses
The Lagos State Government has finally responded to the widely spread post disclosing budgetary purchases for 440 million SUVs for the Chief Staff office…
Vehicle scarcity looms as sellers lament import difficulties
There are signs that the country may face a shortage of foreign-used automobiles, sometimes known as tokunbo autos, as sellers grumble about…
Nigerian fintech Zazuu shuts down over lack of finance
An Africa-focused fintech, Zazuu, has formally stated that it is closing. The Punch reported that the company, which described itself as the first…
Smartphone prices surge 30% over high taxes – Report
Nigeria and Sub-Saharan Africa have seen a decline in smartphone adoption due to taxes and duties, as noted by the Global System…
You’re welcome, France tells sacked OpenAI CEO Sam Altman
French digital minister, Jean-Noel Barrot has stated that the ousted OpenAI CEO Sam Altman is welcome in France. The minister made the…
MPC to raise lending rate by 100bps – Report
There are signs that the Central Bank of Nigeria’s Monetary Policy Committee may raise its Monetary Policy Rate (interest rate) by 100…
Stop developing new ports, ex-Shippers council boss tells FG
A former executive secretary and chief executive officer of the Nigerian Shippers Council, Hassan Bello, has counselled the federal government against expanding the country’s…
NNPCL to launch $2.8bn gas pipeline in December
The Nigerian National Petroleum Company Limited has stated that the $2.8 billion Ajaokuta-Kaduna-Kano gas pipeline project being built by Oilserve Limited will be…
FG to partner private sector on CNG production
By Wilson Adekumola Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed that the Federal Government will…