All On, a leading Nigerian impact investment company through its Demand Aggregation for Renewable Technology (DART) programme has signed a $2.25 million credit facility investment to boost solar energy investments in Nigeria. The deal was sealed with Baobab Plus Nigeria, ...
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Feed SubscriptionLabour Rejects World Bank’s Call For N750/L Fuel Price
Nigeria Labour Congress (NLC) has strongly criticised the World Bank for suggesting an end to petrol subsidy and an increase in petrol price to N750 per litre, labelling the financial institution an “enemy of the Nigerian nation.” Ajaero, in a statement yesterday, ...
Read More »INTEGRATED PAYMENT SYSTEM… Federal Govt Placates Lecturers, Takes Varsities, Others Off IPPIS
…Institutions can now handle staff remunerations We’re not excited, will wait for confirmation – ASUU 686 civil servants’ salaries stopped over unverified records The federal government has approved the exemption of universities, polytechnics, colleges of education and other tertiary institutions ...
Read More »Why Federal Gov’t Launched New ‘4D Foreign Policy’ – Minister
Nigeria’s Minister of Foreign Affairs, Amb. Yusuf Tuggar, has said that the recently unveiled “4D Foreign Policy” of the Federal Government will provide a new concept, which is anchored on Democracy, Development, Demography and Diaspora. He said the new policy, ...
Read More »OpenAI Makes U-turn, Returns Altman As CEO, Appoints New Board
Popular ChatGPT company, OpenAI, has made a U-turn by returning its co-founder, Sam Altman, as its chief executive officer (CEO) with a constitution of a new board. Just last Friday, OpenAI announced the disengagement of Altman from the Artificial Intelligence ...
Read More »Telecom Firms Worry Over N200bn USSD Debt, 52 Taxes
Telecom companies in Nigeria have decried the N200 billion debt owed by the banks for the Unstructured Supplementary Service Data (USSD) provided by telecom operators. According to them, the debt, coupled with the 52 taxes, could cripple their operation in ...
Read More »Binance Founder Steps Down As Part Of $4bn Settlement With US DOJ
The United States Department of Justice (DOJ) is seeking more than $4billion as part of a proposed resolution of a years-long investigation into the world’s largest cryptocurrency exchange, Binance Holdings Ltd. The CEO of Binance, Changpeng “CZ” Zhao, is stepping ...
Read More »Federal Gov’t Revokes 1,633 Mining Licences
The Minister of Solid Minerals Development, Oladele Alake, has announced the revocation of mineral titles of 1,633 holders with a stern warning to the former title holders to vacate all affected cadastres immediately. According to him, security agencies, in collaboration ...
Read More »OOF Transforms Lives Through World Diabetes Day Initiative
The Olusegun Obasanjo Foundation (OOF) has announced the successful conclusion of its World Diabetes Day program, a transformative healthcare initiative that spanned from November 13 to 17, 2023. The groundbreaking event, hosted at the Olusegun Obasanjo Presidential Library (OOPL) in ...
Read More »Court Remands 13 Ex-NUPENG Officials For Attempted Murder
A Federal Capital Territory high court on Friday ordered the remand of 13 members of the Petroleum Tanker Drivers Branch of the Nigeria Union of Petroleum and Natural Gas Workers in Kuje Correctional Centre for an alleged attempted murder of ...
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