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Nairametrics Latest Headlines

Updated: 4 hours ago

Vitol reports $13 billion profits in 2023

Key indices used by NERC in arriving at electricity tariff of N225 per KWh

BREAKING: Court remands Binance agent Gambaryan in prison, approves EFCCs trial of cryptocurrency platform, others

Breaking: CBN sells dollars to BDCs below market rate at N1,101/$1

Elumelu, Otedola, Ovia led companies record N2.64 trillion capital gains in Q1 2024

Food crisis: Nigerian government flags off distribution of 42,000 MT of grains to vulnerable Nigerians, starts from Sokoto

NGX Group announces investment in Ethiopian Securities Exchange

New Zealand relaxes rules on visa program to attract skilled workers

CBNs policy on harmonization of reporting spurred increased activity in NAFEM Prof. Adegbemi Onakayo

Existing banks collectively need to raise about N4 trillion to meet CBNs new capital requirements Prof. Adegbemi Onakayo

85% of transactions in Nigerias informal sector still in cashAbiodun Adedipe

Naira post 4th weekly gains but faces high resistance at key support level

Nigerian banks cannot compete with their African peers on the basis of foreign currency- Bunmi Bajomo

Hospital infections cost Africa $8.4 billion a year- study shows

FG declares Tuesday, Wednesday public holidays

NDLEA nabs India- bound passenger choked by 80 wraps of cocaine in MMIA, Lagos

Plateau university refutes rumors of impending shutdown by NUC

Bank Recapitalization: Shareholders may begin to favour bank stocks over other stocks Praise Inhansekhien

Luxembourg faces a shortage of skilled workers in 24 job segments

Naira value of 36 states and FCTs external debt increased by 23.76% in six months

2024 Budget: Nigerian court asked to block lawmakers from diverting trillions of naira earmarked for constituency projects

FX Crisis: Nigeria should explore other alternative currencies for imports Expert

Nigerias FX reserve dips by $1.02 billion in 18 days on CBNs naira defence

These CEOs led the best performing NGX stocks of Q1 2024

WFP spends $99.6 million on meal vouchers, cash transfers as food insecure Nigerians rise by 38% in 2023

DisCos 90 day exchange rate freeze

United States extends period for work authorisation documents for non-citizens

ABCON to CBN, dollar allocations have become expensive, BDCs are recording losses

Why FX speculation is risky for the average Nigerian

ECOWAS Bank president laments no job for millions of Nigerian graduates, others, lists economic solutions

Italys Digital Nomad visa enables foreigners reside, work as freelancers for 12 months renewable

Mark Zuckerberg is richer than Elon Musk for the first time in 4 years

Electricity tariff hike threatens long term viability of businesses- ACCI

LASG threatens to seal supermarkets over non-disclosure of price tags on products

Ibadan DisCo announces date to begin implementation of new electricity tariff

GTBank Nigeria customers groan over network downtime

Unilever Nigeria to pay shareholders N4.309 billion dividend for fiscal year 2023

CRR at 45% positions Nigeria as the highest globally Bunmi Bajomo

Naira stability will attract more manufacturers to Nigeria Abiodun Adedipe

Landmark Beach in talks with FG, LASG to modify Lagos-Calabar Highway route to protect business operations

Why loan sharks are no longer a good choice in 2024

BUA Foods leads as top performing FMCG stocks in Q1 2024

Nigerian banks 20% interest margin hampers small businesses Experts

LASG to demolish $200 million Landmark Beach Resort for costal highway project

Rights Issue: NGX lists 63,342,455 ordinary shares of VFD Group worth N12.499 billion

Electricity Tariff: NERC orders all DisCos to set up portal for customers to check their Band status

Nigerians with NIN to get National ID card with payment feature NIMC

Uzoma Nwagba: Meet Ex-Microsoft engineer appointed CEO of Consumer Credit Corporation

How Okwuosa Foundation facilitated free open-heart surgeries for two Delta brother

Prostate cancer diagnoses set to double by 2040 particularly in low income countries Study

Wike announces 97% completion of Abuja light rail project

President Tinubu appoints management team for Nigerian Education Loan Fund

Crowdfunding: Investors petition EFCC over N3bn trapped funds in Agrorite

Senegals new President to audit the nations oil, gas and miningsectors

FG would subsidize power sector with N2.9 trillion in 2024 without the increase in electricity tariff Adelabu

Ransomware accounted for 70% of cyberattacks in 2023 Report

World Bank loans Ethiopia $1.72 billion for electricity and water supply expansion

Worlds richest woman, Franoise Bettencourts Loreal wants stake in 3 billion luxury perfume company

NAFDAC cracks down on drug hawkers in Apapa, Lagos state

Nigerian Stock Market sees red from start to finish, suffers N156 billion loss at last trading day of the week

FG sets speed limit on Third Mainland Bridge at 80km/hr

SWOOTs recorded N17.9 trillion capital gains in Q1 2024

Commercial Paper issuance declines by 75% in Q1 2024, as government securities dominate

Wema Bank reports 193% PBT growth, proposes N0.50 dividend

African airlines see 20.7% year-on-year increase for international passenger traffic

High interest rate on CBNs T-Bills drying up funds from the private sector- LCCI

Belgium makes substantial changes to immigration policy for foreign workers, effective May 1

Eterna Plc appoints Abiola Lawal as Managing Director/CEO

Temi Popoola and Nonso Okpala joins Board of CSCS Plc

Exchange rate for Customs cargo clearance drops to N1260/$

WHO: See 14 countries receiving 1.2 million cholera rapid diagnostic tests in largest-ever global deployment

Zimbabwe changes its currency to ZiG, as Zimbabwean dollar ceases to exist

Solana struggles as 75% of user transactions fail

NERC fines Abuja DisCo N200 million for wrongful billing of customers, orders immediate refunds

PENGASSAN asks Tinubu to deploy more troops to the Niger Delta to combat oil theft

UK government increases salary threshold for migrant workers to 48%

Gavi to allocate $250 million grant for vaccines in Nigeria

NERC adopts FX rate of N1463.3/$ in calculating new electricity tariff in 2024

Shareholders of Transcorp Hotels to get N2.048 billion dividends for FY2023

Increase in electricity tariff insensitive, inhuman Reps minority caucus tells NERC



Infotech Headlines Today
[Fri-19-Apr-2024]

Updated: 4 hours ago

10 Best Computer Monitors (2024): Budget, OLED, 4K, Ultrawide - Wired

18 Best Mechanical Keyboards for PC (2024): Gaming and Work - Wired

20 Best Earth Day Deals (2024): Ebikes, Chargers, and Bags Made of Recycled Plastic - Wired

5 reasons to buy AirPods Max over Bose 700 NC - Pocket Lint

5 things to know about ANC - Pocket Lint

8 questions that tell you everything you need to know about the bitcoin halving - Techpoint

A look at Salad, which pays gamers in Fortnite skins and Roblox gift cards to rent their GPUs remotely to AI companies, including those making AI-generated porn (Emanuel Maiberg/404 Media) - Techmeme

A US jury finds Avraham Eisenberg, a crypto trader who stole $110M on the Mango Markets exchange in 2022, guilty of fraud despite his "code is law" claim (Crystal Kim/Axios) - Techmeme

A Wave of AI Tools Is Set to Transform Work Meetings - Wired

A16z promotes Jennifer Li to help lead the new $1.25B Infrastructure fund - Techcrunch

Acer Broadens Chromebook Horizons: Introducing the New Model - Itnewsafrica

Acer's $400 Chromebook Plus 514 has up to 512GB of storage - Pocket Lint

Akira Ransomware Gang Extorts $42 Million; Now Targets Linux Servers - Hackers News

Almost a quarter of kids aged 5-7 have smartphones - BBC

Amazon's Fallout has been renewed for season 2 - The Verge

Apple brings AirPlay to select hotels - Pocket Lint

Apple pulls WhatsApp, Threads from China App Store following state order - Techcrunch

Apple removes WhatsApp and Threads from its App Store in China, saying it was ordered to do so by China's cyberspace officials citing national security concerns (Raffaele Huang/Wall Street Journal) - Techmeme

Apple Removes WhatsApp, Threads and Telegram From China App Store - Slashdot

Apple says it was ordered it to remove WhatsApp and Threads from China App Store - Engadget

Audien Hearing Atom One Hearing Aid Review: ber-Cheap and Too Basic - Wired

Automate your vacuuming and mopping with $400 off the Roomba Combo J9+ - Engadget

Baldur's Gate 3 developer confirms it won't make the sequel - Engadget

Bayobab acquires MTN Zambias fibre assets to further growth plans - Techpoint

Bitcoin Miners Brace for the 'Halving''and Race to Cash In - Wired

BlackTech Targets Tech, Research, and Gov Sectors New 'Deuterbear' Tool - Hackers News

Blizzard takes aim at Overwatch 2 console cheaters - Engadget

Boeing Aims To Bring Flying Cars To Asia By 2030 - Slashdot

BYD Yangwang U8 2024: Price, Specs, Availability - Wired

Can AI Be the Catalyst for Financial Inclusion in Africa - Itnewsafrica

Can TikTok's owner afford to lose its killer app - BBC

Canal+ increases MultiChoice stake to 40.8% - Techcabal

CEO Weekends: Kapu Africas Meera Dhanani on building the most relevant B2C e-commerce model for Africa - TechMoran

Chinese Cities Are Sinking Rapidly - Slashdot

Colorado Bill Aims To Protect Consumer Brain Data - Slashdot

Cops Can Force Suspect To Unlock Phone With Thumbprint, US Court Rules - Slashdot

Crackdown on Binance is right but the approach is wrong'- A chat with Oladotun Akangbe of Flincap - Technext

Crypto Trader Eisenberg Convicted of Fraud in $110 Million Mango Markets Scheme - Slashdot

Cybersecurity Transparency: Vital for African Enterprises - Itnewsafrica

Detained executive: CEO says Binance is working with Nigerian government to resolve issues - Technext

Digital marketing software company Ibotta closes up 17% at $103.25 per share in its trading debut, after raising ~$577.3M in an IPO priced above marketed range (Bloomberg) - Techmeme

DJI's first power stations debut an intriguing bidirectional port - The Verge

Early-Stage Startup' Apply to Win $10,000 Cash & Japan Trip at Pitch2Win 4 - TechCity

EFCC deems Binance executive a flight risk, halts bail request - Techpoint

Emulators are taking over the App Store - The Verge

Engadget Podcast: PlayStation 5 Pro rumors and a look back at the Playdate - Engadget

Environmental Damage Could Cost You a Fifth of Your Income Over the Next 25 Years - Wired

Equities platform Midas raises $45M Series A as fintech retains its sparkle in Turkey - Techcrunch

eTranzact says consumer-focused products are its future revenue driver - Techcabal

Fallout has already scored a green light for a second season - Engadget

FBI Says Chinese Hackers Preparing To Attack US Infrastructure - Slashdot

Feds Hit Coding Boot Camp With Big Fine For Allegedly Conning Students - Slashdot

Fintech CRED secures in-principle approval for payment aggregator license - Techcrunch

Frontier Communications Shuts Down Systems After Cyberattack - Slashdot

Google says it will consolidate teams that focus on building AI models across Research and DeepMind, and move its Responsible AI teams in Research to DeepMind (Zaheer Kachwala/Reuters) - Techmeme

Google To Employees: 'We Are a Workplace - Slashdot

Hackers Target Middle East Governments with Evasive "CR4T" Backdoor - Hackers News

Hacking group GhostR claims it stole 5.3M records from World-Check screening database used for KYC checks for sanctions and financial crime links (Zack Whittaker/TechCrunch) - Techmeme

How Attackers Can Own a Business Without Touching the Endpoint - Hackers News

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