The Minister of Aviation, Sen. Hadi Sirika has promised to complete outstanding projects in the industry before the present administration completes its tenure by 2023. Sirika made gave the assurance during the 25th Annual Conference and Awards Ceremony organised by the League of Airport and Aviation Correspondents (LAAC) in Lagos on Wednesday. The […]
Month: July 2021
Buhari approves N8.5bn for research in medicine, others – TETFund Boss
Prof. Suleiman Bogoro, Executive Secretary, Tertiary Education Trust Fund (TETFund) says President Muhammadu Buhari has approved N8.5 billion for ground-breaking research in Medicine and other areas under the National Research Fund (NRF) scheme. Bogoro made the disclosure at a three day workshop for Directors of Research and Development of public universities in Nigeria […]
Flooding: NIHSA urges states to build diversion canals to avoid disaster
Mr.Clement Nze, Director General, Nigeria Hydrological Services Agency (NIHSA), has urged flood-prone states to build canals that will accommodate rainfall during the peak of rainy season. He made the call while briefing the press on the overview of 2021 Annual Flood Outlook (AFO), with the theme: “Update of flood situations in the country”, […]
Big Tech companies to allow only vaccinated employees into US offices
Big tech companies are making it mandatory for employees in the United States to get COVID-19 vaccinations before entering campuses, as the highly infectious delta variant of the coronavirus drives a resurgence in cases. Alphabet Inc.’s Google and Facebook Inc. said on Wednesday all U.S. employees must get vaccinated to step into offices. […]
Uber slides over reports SoftBank selling 45 million shares
Uber shares have fallen after reports technology investment firm SoftBank is selling around a third of its stake in the US ride-hailing app. According to one report SoftBank is offloading around $2bn (£1.44bn) worth of shares to help cover what it has lost by betting on Chinese ride-hailing firm Didi and other investments. […]
Tech giants’ profits soar as pandemic boom continues
Tech giants have reported soaring profits as consumers upgraded their devices and sought cloud storage during lockdowns. Apple’s profits nearly doubled to $21.7bn (£15.6bn) in the three months to 30 June as customers bought pricier 5G iPhones. Microsoft saw a $16.5bn profit at the same time – up 47% year-on-year, due to demand […]
CBN stops sale of forex to BDCs
The Central Bank of Nigeria (CBN) on Monday announced immediate discontinuation of sale of Foreign Exchange (forex) to Bureau de Change (BDC) operators in the country. Mr Godwin Emefiele, the CBN Governor , made this announcement on Tuesday, while presenting a communique from the apex bank’s Monetary Policy Committee (MPC) meeting in Abuja. […]
Airtel, UNICEF partner to empower Nigerian youths
Telecommunication company, Airtel Nigeria, says it has partnered with UNICEF to empower Nigerian youths through the newly launched Generation Unlimited (GenU) initiative. Airtel in a statement on Tuesday said that the multi-sector partnership was aimed at empowering 20 million young Nigerians by 2030 with education, skills acquisition, employment and entrepreneurship while leveraging access […]
SON arrests oil adulterating syndicate
A team of the Surveillance, Investigation and Monitoring (SIM) Unit ofthe Standard Organisation of Nigeria (SON) has uncovered a lubricant adulterating syndicate at 25 Isoko Street Sunny Bus-stop, Ojo in the Alaba International Market area of Lagos State. The Sting operation swooped on the location and arrested a primary suspect, Chizoba Emmanuel, who […]
Biden administration wants to require businesses to disclose ransomware attacks
The Biden administration is throwing its support behind congressional legislation that would require companies to report major data breaches by hackers, including the ransomware attacks that are increasingly targeting U.S. critical infrastructure. “The administration strongly supports congressional action to require victim companies to report significant breaches, including ransomware attacks,” Richard Downing, a deputy […]