FG advocates for strict regulation of tobacco industry
The Federal Government has emphasized that the tobacco sector must be strictly regulated in conformity with national legislation and international best practices.…
Nigeria
NGX to draw in more investors – CEO
The Group Managing Director and Chief Executive Officer-designate of the Nigerian Exchange Group Plc, Temi Popoola, has presented a strategy for bridging…
Nigeria, Morocco speed up talks on $30bn gas pipeline
The Federal Government has stepped up talks with the Kingdom of Morocco in an effort to expedite the process of reaching a…
Special Economic Zones amass $66bn foreign investment – Report
Nigeria’s Special Economic Zones have received more than $66 billion in foreign direct investment and N620 billion in domestic direct investment. The…
AfDB to partner Enugu govt on investment drive
The African Development Bank has reiterated its willingness to collaborate with the Enugu State Government to increase investment and infrastructure development. The…
Microsoft lays off 1,900 staff from gaming division
Microsoft said on Thursday that the company will be laying off 1,900 staff from Activision Blizzard and Xbox this week. The majority…
Apple to allow downloads outside App Store
Apple on Thursday made its plans to let app developers distribute their products to EU consumers outside of Apple’s App Store. The…
PayPal launches AI-powered products
PayPal on Thursday, announced the launch of innovative products powered by artificial intelligence, including a streamlined one-click checkout feature. This marks the…
US aviation allows Boeing 737 Max 9 flights, imposes production limits
The United States Federal Aviation Administration has announced a conditional pathway for the resumption of Boeing 737 Max 9 flights, but a crucial…
Hackers stole $1.7bn crypto in 2023 – Report
In 2023, cryptocurrency platforms experienced approximately $1.7 billion in theft due to hacker attacks, a significant drop of 54.3% from the previous…
Maize, paddy rice prices to increase in 2024 – AFEX
AFEX forecasts that maize and paddy rice prices in Nigeria will climb by 25% and 40%, respectively, this year. The forecast was…
W’Bank predicts 3.7% growth for Nigeria’s economy in 2025
The World Bank’s recent report, “Global Economic Prospect: Subdued Growth, Multiple Challenges,” estimated that Africa’s largest economy will grow by 3.3%, up…