The X logo is shown on a smartphone screen in Los Angeles, California, on July 31, 2023. Image: GETTY IMAGES Democrats claim that X is making financial gains from the dissemination of Hamas propaganda. House Democrats claim that X, formerly known as Twitter, is profiting from Hamas propaganda and spreading misinformation about the Israel-Hamas […]
Alibaba co-founder Jack Ma. Image by CNN Jack Ma rescinds his plans to sell Alibaba shares. After the Chinese digital giant’s price fell sharply last week, Jack Ma decided to delay his plans to sell hundreds of millions of dollars’ worth of Alibaba shares. According to two regulatory filings made on Thursday, Ma had […]
Access bank logo Access Bank launches green energy solutions. Access Bank Plc, in collaboration with ASolar Systems Nigeria, has created green energy products to assist small-scale businesses across the country that are experiencing power supply difficulties. The collaborating organizations unveiled the items, which include solar-powered TV sets, air conditioners, and PoS machines, among other things, […]
former Central Bank Governor Godwin Emefiele. Image by punch The court has granted the former governor of the Central Bank of Nigeria bail. “A Federal Capital Territory High Court in Abuja granted bail to former Central Bank Governor Godwin Emefiele on Wednesday. The bail was set at N300 million, with two sureties required to […]
Riverside LNG of Nigeria and Johannes Schuetze Energy Import AG of Germany on the gas export partnership. image by punch Nigeria and Germany sign $500 million deals On Tuesday, President Bola Tinubu oversaw the signing of two MOUs: one for the delivery of gas from Nigeria to Germany, and another for renewable energy projects […]
Federal Government of Nigeria FG cancels 1,633 mining licences. The Federal Government has revoked 1,633 mineral titles previously granted to non-compliant mining corporations under the Ministry of Solid Minerals Development. Dele Alake, Minister of Solid Minerals Development, made the announcement during a news conference in Abuja on Tuesday. He said the licenses of these […]
World Bank Logo World bank says inflation to increase mediocrity. Rising inflation and slow economic growth in Nigeria will push another 2.8 million people into poverty by the end of 2023, according to the World Bank. This is based on a paper titled ‘Macro Poverty Outlook: Country-by-Country Analysis and Projections for the Developing World,’ which […]
Petroleum tankers Petrol tanker driver refuted claim of protest. The Nigeria Union of Petroleum and Natural Gas Workers’ Petroleum Tanker Drivers section has denied reports that its members are organizing a demonstration. Mr Augustine Egbon, National Chairman of the PTD, stated in an Abuja statement on Monday that the union’s members had no plans to […]
The Alternative bank Alternative bank signs MOU in Niger. Niger State Governor Mohammed Bago has signed a Memorandum of Understanding with Alternative Bank on the state’s long-term development. According to the PUNCH, Sterling Financial Holdings started the bank in October 2023 with the goal of building wealth for all in a sustainable way by doing […]
NAVY Navy arrests boat with loads of PMS. The Nigerian Navy Ship Beecroft has arrested a fibre boat containing drums of Premium Motor Spirit near the Ijegun community. A statement signed on Monday by the NNS Beecroft Base Information Officer, Sub-Lieutenant H. A Collins stated that the arrest was made on November 11, 2023. The […]