Tag: Nigeria

Foreign flights fully booked despite naira scarcity
Aviation

Foreign flights fully booked despite naira scarcity

In a surprising turn of events, foreign flights from Nigeria are experiencing unprecedented demand and are reportedly fully booked, despite the prevailing scarcity of the naira and economic challenges facing the country. Most airlines serving the Lagos-London, Lagos-USA, and Lagos-Paris routes were fully booked for the festive season despite the high cost of tickets which keeps increasing. […]

Kenya overtakes Nigeria in start-up funding ranking
Business

Kenya overtakes Nigeria in start-up funding ranking

Alex Omenye Nigeria lost the top position for the most funded startups in Africa to Kenya. This development was contained in an analysis of the African startup funding in 2023 by a research outfit, ‘Africa: The Big Deal.’ The report stated that startups in the East African country attracted the largest amount of funding in […]

South Korea passes law to ban dog meat trade
Business

South Korea passes law to ban dog meat trade

South Korea has passed a new law that calls for the abolition of dog meat slaughter and sale by 2027. According to BBC, the legislation intends to put an end to the centuries-old habit of eating dog flesh. The legislation prohibits raising or slaughtering dogs for human food, as well as distributing or selling dog […]

JAPA: Overstay your visa, face permanent ban, US warns Nigerians
News

Nigeria to start non-physical passport application March 8

Alex Omenye The Federal Government has announced its finalized arrangements to commence full non-physical passport applications and their subsequent delivery to applicants using courier services. “Starting March 8, Nigerians will no longer have to come to our offices for their biometric,” the Minister of Interior Olubunmi Tunji-Ojo disclosed on Monday’s Channels Politics Today. “They can […]

Dangote refinery investors gain N1.2tn in two days
featured

Dangote to begin production as crude supply hits 6 million barrels

The Dangote Petroleum Refinery stated on Monday that it is ready to begin producing refined petroleum products after receiving the 6th batch of one million barrels of crude oil needed for the plant’s starting operations. According to The PUNCH, “Dangote refinery appears set to commence production of refined petroleum products with the receipt of the […]

Nigerian digital entreprenuers to look out for in 2024
News Tech

Nigerian digital entreprenuers to look out for in 2024

In the dynamic landscape of Nigeria’s digital sphere, a new generation of digital entrepreneurs is emerging as pioneers, shaping the future of technology and innovation in the country. These entrepreneurs make a living and advance humanity with digital platforms. These visionaries, armed with innovative ideas and a relentless drive, turn challenges into opportunities, bringing about […]

Why Nigerian billionaires dropped on global billionaires ranking
Business featured

Why Nigerian billionaires dropped on global billionaires ranking

Nigerian billionaires, Aliko Dangote – President/Chief Executive of the Dangote Group, AbdulSamad Rabiu – BUA Group chairman, and Mike Adenuga – Globacom chief, have dropped on the global billionaires ranking. This is coming less than one year after Forbes magazine named three Nigerians among its 2460 individual billionaires in its 2023 Billionaires list. According to […]

CBN fails to tackle spraying as cash scarcity bites harder
News

CBN fails to tackle spraying as cash scarcity bites harder

The traditional and cultural practice of spraying(spending) cash during parties in Nigeria has become increasingly challenging to control. A lot of Nigerians can still buy their way into getting enough cash especially in new notes to spray at these events despite the ban by the apex bank. A business man based in the FCT, Adekunle […]

Microsoft removes Problem Steps Recorder from Windows 11
News Tech

Microsoft removes Problem Steps Recorder from Windows 11

Microsoft has declared its move to remove the Problem Steps Recorder tool from Windows 11. When Microsoft first released Windows 7 in 2009, Steps Recorder was known as Problem Steps Recorder. It’s a straightforward screen recording tool that records user activity. The tool’s primary purpose was to automatically generate problem captures for use as proof […]

LASBCA laments rising attacks on officials
News

LASBCA laments rising attacks on officials

The General Manager of the Lagos State Building Control Agency, Gbolahan Oki, has condemned the recent series of attacks on agency staff. According to The PUNCH, he said this in response to a recent attack on its officials with hazardous weapons and charms while on routine patrol around Lagos’ Musical Village, Awolowo Road, and Ikorodu area. […]

Kuda hits N55.8trn transactions
News Tech

Kuda hits N55.8trn transactions

Nigerian neobank Kuda has done ₦55.8 trillion in transactions since its inception in August 2019, CEO Babs Ogundeyi disclosed in a New Year’s greeting to subscribers. While serving more than seven million clients, the bank, according to Ogundeyi, accomplished this milestone. “We are proud of the headway we made against all odds,” he said. Kuda, […]

US court revives lawsuit against Elon Musk over child porn content
News Tech

Elon Musk denies alleged illegal drug use

Following a report in the Wall Street Journal detailing Elon Musk’s drug use, the CEO of Tesla and founder of SpaceX denied using illegal drugs on Sunday, saying that “not even trace quantities” of drugs or alcohol were found in his body over three years of random drug tests. The billionaire has “never failed a […]