Nigeria’s unemployment rate dropped to 4.1%, National Bureau of Statistics reveals Nigeria’s unemployment rate dropped to 4.1 per cent in the first quarter of 2023 from 5.3 per cent in the fourth quarter of 2022. Semiu Adeniran, the statistician-general of the federation and CEO of the National Bureau of[Read More…]
NCC says Nigeria ranks 7th in global mobile phone usage The Nigerian Communications Commission (NCC) says Nigeria has ranked as the 7th country in the global usage of mobile phones and 11th in terms of internet penetration. NCC Executive Vice-Chairman, Umar Danbatta, made this known in Abuja on[Read More…]
Budget Minister Promises Strict Project Monitoring Minister of Budget and Economic Planning Atiku Bagudu has said his agenda for office would be anchored on President Bola Tinubu’s ‘Renewed Hope’ agenda for sustainable economic development and democratic governance, while also outlining the key priorities of his administration. Mr Bagudu said[Read More…]
Google announces AI first Accelerator program for SME’s in Africa Google on Tuesday unveiled the “Google for Startups Accelerator: AI First”, an initiative aimed at supporting African startups looking to use artificial intelligence to solve local challenges. The program which was unveiled on Tuesday, recognises the transformative role that[Read More…]
Union Bank partners women’s World Banking, TGI group to implement digital supplier Credit Solution Union Bank has partnered with its parent company, TGI Group and Women’s World Banking, to introduce the ‘Digital Supplier Credit’ solution under its women’s banking proposition, αlpher, in line with its commitment to enabling success[Read More…]
Shell Discovers Another Oil Leak After Resumption Of Forcados Export Facility Nigeria’s oil production is facing another major challenge following discovery of another oil leak in a facility operated by oil major Shell. Shell is currently investigating a possible leak on its Trans Niger oil pipeline that traverses Bodo[Read More…]
UNICEF to support Nigeria with $270m for humanitarian response, emergencies (Middle) Honourable Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, (Right) Country Representative of UNICEF, Cristian Munduate and Chief of Health & HIV/AIDs UNICEF, Eduardo Celades, during a courtesy visit on the Minister in her office in Abuja,[Read More…]
NCDMB to unveil 17 startups The Nigerian Content Development and Monitoring Board is collaborating with the Founder Institute to unveil 17 portfolio companies. This move is to fulfil its mission of stimulating research and development and providing assistance to energy startups. According to the board, these companies[Read More…]
NEPC launches youth export programme The Nigerian Export Promotion Council has launched the Youth for Export Programme, to empower the youth with skills and expertise to export. Speaking at the launch, the Executive Director of NEPC, Dr Ezra Yakusak, said the programme was aimed at harnessing the untapped potential[Read More…]
Neimeth appoints new MD Neimeth International Pharmaceuticals Plc has announced the appointment of Valentine Okelu as the company’s managing director/chief executive officer. A statement from the firm said Okelu assumed duty on August 16, 2023, after the rectification of his appointment at the company’s Annual General Meeting. According to the[Read More…]
