Manufacturers struggle as raw material imports surge 160.9% in Q2
The value of raw materials imported into Nigeria surged by 160.9% year-on-year in the second quarter of 2024 (Q2’24), despite manufacturers’ efforts…
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FG secures $600,000 relief fund from Gates foundation
The Nigerian government has secured a $600,000 relief fund along with commitments from the Bill and Melinda Gates Foundation. This announcement came…
ECOWAS launches $380m electrification initiative for Nigerian schools, others
The Economic Community of West African States Commission has unveiled a significant initiative to invest $380 million aimed at electrifying public schools…
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,…
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…
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…
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…
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…
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…
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…
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…
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…