Business

Era of Seasonal Planting is Gone, Says Expert Tasks Nigerian Govt on Climate-Smart Food Production 

The quest for the Nigeria Government to develop a national climate smart food production calendar to boost sustainability was top of discussion at the .10th Regional Food Science and Technology Summit/NIFST Day 2024 celebration held in Lagos, South west Nigeria.. Speaking at the event, with the “Attaining Sufficient, Safe and Healthy Food for Nigerians Through […]

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News

Nigeria’s Debt Increase by ₦24.33trl in Three Months, Now ₦121.67trn

Nigeria’s total public debt is now ₦121.67 trillion ($91.46 billion), the Debt Management Office (DMO) said Thursday. The DMO said as of March 31, 2024, the country’s domestic and external debts stood at ₦121.67 trillion ($91.46 billion) adding that the debt rose by ₦24.33 trillion within three months from ₦97.34 trillion ($108.23 billion) in December […]

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Business

Artificial Intelligence Capable of Bringing 2.6 Billion Connected People Online, Says ITU

Artificial intelligence (AI) is poised to help bring online the 2.6 billion people still not connected to the Internet, according to The State of Broadband 2024 from the Broadband Commission for Sustainable Development. The Broadband Commission released the first part of the report today at its virtual Spring Meeting, which brought together government leaders and heads of international […]

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Opinion

How to Make Money on PalmPay App

If you need an additional source of income, you should look no further than Nigeria’s thriving digital banking industry. You’ll find the best business opportunity there, with PalmPay being the most rewarding fintech to bank with. With over 30 million users and 1.1 million businesses, including 600,000 merchants and 500,000 agents as part of its […]

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Business

Another Milestone as Lagos Signs MoU with Interswitch for Smart Health Platform

The Lagos State Government has signed a Memorandum of Understanding with Interswitch eClat to develop and operate the Lagos Smart Health Information Platform. According to the Government hopes the public-private cooperation will enhance healthcare operations and the Nigerian healthcare sector, which is underfunded. Speaking at the signing, Lagos State, Babajide Olusola Sanwoolu, said: “The signing […]

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News

Logistics, Sundry Cost Creating Huge Price Variation of Petrol as Jigawa Residents Pay Highest of ₦937.50 Per Litre

The average price of Premium Motor Spirit (PMS), also known as petrol, shot up by 223.21 per cent to approximately ₦770 per litre in May 2024 from ₦238.11 per litre recorded in the corresponding period of 2023, according to data from the National Bureau of Statistics (NBS). The statistics bureau disclosed this in its report, […]

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Business

Nigeria & Ghana to Represent Africa at Scripps National Spelling Bee in US

  Nigeria is stepping up to the plate in 2025, joining Ghana as the only African nations competing in the prestigious Scripps National Spelling Bee, an iconic U.S. event that tests students’ spelling and vocabulary prowess. For nearly 20 years, Ghana has been the sole African representative at the Bee but through the efforts of […]

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Business

Nvidia Now World’s Most Valuable Company on Stock Market

Nvidia edged ahead of other tech companies Tuesday to become the world’s most valuable publicly traded company in the latest sign of the might of artificial intelligence. The chip company, which has enjoyed a monumental ascent over the last 18 months amid enthusiasm over generative AI, jumped 3.4 percent near 1:25 pm (1725 GMT), giving […]

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Business

Seplat Energy Reskills Journalists on Data, Investigative Journalism in Phase One Empowerment Initiative

Seplat Energy Plc,  indigenous energy company, has concluded the first phase of its training programme for journalists and media practitioners in Nigeria. The first phase of the programme covers thirty-seven (37) energy and judiciary correspondents cum editors. The Seplat Energy media training programme, which was organised in partnership with Channels Academy, is targeted at building […]

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Business

Lagos State Govt Pledges N1bn Tech & Innovation Hub Fund Devt for Startups

The Lagos state government has authorised $671,000 (1 billion Naira) in initial funding for startups at the Lagos State Science, Research, and Innovation Council (LASRIC). The Lagos State Governor, Babajide Sanwo-Olu, announced this at the LASRIC opening last week as part of his administration’s plan to develop Lagos into a technology and innovation hub. Governor […]

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