On Thursday, December 21st, 2023, the Nigerian naira experienced a marginal dip at the official market, closing at N861.91 per US dollar, marking a 0.85% depreciation compared to the previous day’s closure at N854.61 per […]
Instagram has unveiled a fresh feature titled ‘Add Yours,’ marking a new approach to Stories by enabling users to craft personalized templates. This recent addition allows individuals to curate templates integrating GIFs, texts, and images, […]
Infrastructure Corporation (Infracorp) has initiated a significant move toward achieving the Federal Government’s $1 trillion economy target by finalizing a Memorandum of Understanding (MoU) for establishing a power plant. The agreement, signed at the 28th […]
The Nigeria Deposit Insurance Corporation (NDIC) has lent its support to the proposed banking recapitalization, emphasizing the necessity for larger banks to align with Nigeria’s ambition of reaching a $1 trillion economy. During a press […]
Minister for Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, unveiled a comprehensive 31-page blueprint on Monday, outlining the ministry’s ambitious plans to leverage digital technology and innovation for economic empowerment. Shared on his X […]
In a significant diplomatic breakthrough, the United Arab Emirates (UAE) announced the lifting of the months-long visa ban on Nigerian travelers, marking the end of a prolonged dispute between the two nations. This development comes […]
Nigeria’s oil production experienced a noticeable setback in July 2023, as revealed by the most recent data provided by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The country’s oil output dropped to 1,081,396 barrels per […]
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has made its first interest rate decision under the Bola Tinubu administration, raising the monetary policy rate (MPR) from 18.5 percent to 18.75 percent. This decision […]
Disney CEO Bob Iger on Monday said his company will begin laying off staff starting this week, the first of three rounds of expected cuts following his announcement in February that the company would axe […]
US senators said Wednesday that bipartisan support is growing for revising a federal immunity law for tech platforms and websites known as Section 230 of the Communications Decency Act, a warning aimed squarely at large […]