stampede at madagascar's stadium kills 12, prime minister says

Stampede at Madagascar’s stadium kills 12, prime minister says

A stampede at Madagascar’s national stadium has killed 12 people and injured 80 others, the prime minister of Madagascar said late Friday. Christian Ntsay, the Prime Minister of Madagascar, said that fans tried to enter Madagascar’s national stadium for the opening ceremony of the Indian Ocean Island Games, a quadrennial multi-sport event from Indian Ocean […]

big banks enter fintech space, risks for top fintech companies

Big Banks Enter Fintech Space, Risks For Top Fintech Companies

Nigeria’s big banks are entering the financial technology (fintech) space, which is causing competition for existing fintech firms.  The banks are making strategic investments in fintech businesses to secure their future. This move threatens the valuation of top fintech firms like Flutterwave, Interswitch, and Opay, which are currently valued at over $1 billion.  Other fintech […]

nigerian customs service to allow quick export of 100% local materials

Nigerian Customs Service To Allow Quick Export of 100% Local Materials

The Free Trade Zones (FTZs) Committee on Nigerian Customs Service (NCS) Operational Remodeling has recommended that the service allows the quick export of finished and processed commodities containing 100% local raw materials.  This means that products made in Nigeria using only materials from Nigeria can be exported easily. The NCS has promised to adopt this […]

govt renews lease agreements for ports despite 17 year old debts

Govt Renews Lease Agreements For Ports Despite 17-Year Old Debts

The Federal Government has chosen to ignore the debts owed by operators of leased port terminals and has renewed their agreements, despite the operators violating the terms of their contracts.  The port concession/lease agreement, which was entered into in 2006, did not have proper legislation or regulations to monitor the concessionaires.  Political forces have been […]

bbnaija all stars soma is the new head of house

BBNaija All Stars: Soma is the new Head of House

Big Brother Naija (BBNaija) All Stars housemate Soma, AKA Somadina “Soma” Anyama, has emerged as the Head of House (HoH) for this week. After the completion of Monday’s arena games, Big Brother announced Soma as the new Head of House. As Head of House, Soma will stay in the BB House for one more week. […]

aradel plc achieves 270% growth after rebranding in h1 2023 financials

Aradel Plc Achieves 270% Growth After Rebranding In H1 2023 Financials

Aradel Plc, a company that recently rebranded, has shown significant growth and success in its operations. In the first half of the year, the company’s operating profit increased by 478.7% compared to the previous year, reaching N29.8 billion.  Its profit before tax also grew by 269.5%, and profit after tax nearly tripled. The company’s operating […]

nigerian presidency believes ‘fuel subsidy removal’ led people to poverty

Nigerian Presidency Believes ‘Fuel Subsidy Removal’ Led People To Poverty

The Nigerian Presidency has expressed concern over the removal of fuel subsidy, stating that it has led to increased poverty among Nigerians and a loss of support for the government.  President Bola Tinubu announced the removal of subsidy on petrol in May, citing the inability to continue subsidizing petrol for neighboring countries. However, the government […]

Unraveling Kenya's deadly protests and gov't recent fight with the press

Unraveling Kenya’s deadly protests and gov’t recent fight with the press

Timothy Simwa a journalist in Kenya, who linked the protest to a defiance of the new tax by President Ruto’s regime said: « We have seen the finance bill, which was enacted into an act by the president, attracting a lot of controversies, at least from opinion polls. » The media fraternity has also not been spared with government officials […]

petrol reaches n617 per liter as nnpc increases pump price

Petrol Reaches N617 Per Liter As NNPC Increases Pump Price

The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of petrol, from N537 to N617 per liter. The pump price of petrol is also known as Premium Motor Spirit (PMS). This adjustment was observed at some filling stations in Abuja and is expected to be implemented nationwide. The decision by NNPCL indicates […]

un security council to hold first talks on ai risks

UN Security Council to hold first talks on AI risks

The United Nations Security Council (UNSC), one of the main UN organs charged with ensuring international peace and security, is set to hold its first formal discussion on artificial intelligence (AI) this week in New York, the most populous city in the United States.  Reportedly, Britain will talk about AI’s impact on global peace and […]

senegal's opposition figure ousmane sonko was nominated for the 2024 presidential election despite legal challenges and protests

Senegal’s opposition figure Ousmane Sonko was nominated for the 2024 presidential election despite legal challenges and protests

Ousmane Sonko, a prominent opposition figure in Senegal, has been nominated as a candidate for the presidential election in 2024, according to an announcement made by his party on Friday. This comes despite Mr. Sonko’s questionable eligibility and shortly after the cancellation of a demonstration that was supposed to take place in Dakar on Saturday […]

sudan's neighbouring leaders convene in cairo for peace negotiations

Sudan’s Neighbouring Leaders Convene in Cairo for Peace Negotiations

Leaders from Sudan’s six neighbouring countries gathered in Cairo, Egypt, on Thursday for high-profile peace negotiations aimed at resolving the ongoing conflict in Sudan. The meetings sought to find a solution to the violence that has plagued the country since April, when tensions between the military and the paramilitary Rapid Support Forces (RSF) erupted into […]

why did cbn threaten to close several accounts is your account safe

Why Did CBN Threaten To Close Several Accounts? Is Your Account Safe?

The Central Bank of Nigeria (CBN) has threatened to close several accounts in order to protect customers’ bank accounts and enhance security in the banking system.  The move comes as the CBN aims to ensure compliance with the use of Bank Verification Number (BVN), a unique identification system for bank customers. According to data from […]

elon musk launches ai firm xai as he hopes to build an alternative to chatgpt

Elon Musk launches AI firm xAI as he hopes to build an alternative to ChatGPT

Elon Musk, the CEO of SpaceX and Tesla, Inc.; the owner and CTO of Twitter; the founder of the Boring Company; the co-founder of Neuralink and OpenAI; and the president of the philanthropic Musk Foundation, launched his artificial intelligence startup xAI on Wednesday. AI firm xAI will be led by tech billionaire Elon Musk. The […]

switzerland science computers itu ai

AI robots asked ‘will you rebel against humans’?

The world’s first robot-human press conference took place in Geneva, the second-most populous city in Switzerland, on Friday. Nine AI-enabled humanoid robots talked about various topics. AI robots were asked questions at the AI For Good United Nations summit. They were asked if they would rebel against humans. They said that they had no intention […]

roberto firmino joins saudi club al ahli after liverpool exit

Roberto Firmino Joins Saudi Club Al-Ahli After Liverpool Exit

The Brazilian forward player Roberto Firmino has made a shift to Saudi Arabian club Al-Ahli after his contract with Liverpool expired.  Firmino had spent eight seasons at Liverpool where he scored 111 goals in 362 appearances. He played a vital role in the team’s successes, including winning the Premier League, Champions League, and Club World […]

davido's 'unavailable' reaches great height at uk singles chart

Davido’s ‘Unavailable’ reaches great heights on UK Singles Chart

 ‘Unavailable’ single by Davido, an American-born Nigerian singer, songwriter and record producer, has emerged as one of the biggest songs at the United Kingdom (UK) Singles Chart.  In the latest installment of the United Kingdom Official Singles chart (Chart week June 30 – July 6, 2023), Davido’s ‘Unavailable’ gained immense popularity as it entered its […]

8 benin football players detained for asking 4 months unpaid wages

8 Benin Football Players Detained For Asking 4 Months Unpaid Wages

Eight players from the football club Jeunesse Sportive de Ouidah (JSO) in Benin faced a distressing situation when they were detained at a police station in Cotonou.  These players had not received their wages for four months and were demanding payment from their club.  They had gathered at the headquarters of “Les Bagnoles,” a partner […]