The Advertising Regulatory Council of Nigeria (ARCON) welcomed Dr. Olalekan Fadolapo, the Director-General, and 37 other accomplished individuals into its esteemed Fellowship during a ceremony held in Lagos. This elite group comprises eminent figures from the advertising and marketing communication industry, recognised for their unwavering commitment and dedication in advancing the realms of advertising and Read More…
Nigeria, alongside the United States, Britain, and 15 other nations, revealed an international pact aimed at ensuring the safety of artificial intelligence (AI) from malicious use. Emphasising the need for AI systems to be “secure by design,” the 20-page document focuses on urging companies involved in AI development and utilisation to prioritise public and customer Read More…
Finance Minister Olawale Edun announced the Federal Executive Council’s (FEC) approval of a $1 billion concessional loan from the African Development Bank (AfDB) aimed at bolstering the budget and enhancing foreign exchange reserves. Edun revealed the loan details, citing a 4.2% interest rate over 25 years with an eight-year moratorium, following a cabinet meeting in Read More…
Olayemi Cardoso, the newly appointed governor of Nigeria’s central bank, announced plans to implement tighter monetary policies in the next two quarters to manage inflation while urging banks to bolster their capital to support economic growth. Addressing immediate challenges such as curbing excess liquidity and combating inflation, Cardoso emphasised a shift from direct fiscal interventions Read More…
The Minister of Marine & Blue Economy, Mr. Adegboyega Oyetola, has called upon heads of agencies within the ministry to diligently pursue the objectives outlined in the Performance Bond he signed with President Bola Tinubu. In a statement released in Lagos on Wednesday, Oyetola emphasised the significance of executing the performance bond, alongside completing vital Read More…
According to Mr. Olumide Balogun, the Country Director of Google West Africa, the recent Google Hustle Academy graduation in Abuja was a celebration not just of 5,300 graduates but also of the significant empowerment provided to 10,000 businesses across Africa, including 4,400 in Nigeria. Balogun emphasized that the fund, comprising financial aid, mentorship, and business Read More…
Currency traders foresee fluctuations in Nigeria’s naira, Kenya’s shilling, and Zambia’s kwacha in the upcoming week, while Ghana’s cedi and Uganda’s shilling are expected to maintain stability, according to Reuters reports. Kenya’s Shilling The Kenyan shilling is anticipated to continue its gradual decline due to heightened foreign currency demand across sectors leading up to year-end. Read More…
Mr. Babatunde Irukera, the Executive Vice Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), has cautioned consumers about an impending surge in counterfeit online stores aiming to deceive shoppers during the ‘Black Friday’ sales frenzy. In a statement released Thursday in Abuja, Irukera highlighted the FCCPC’s receipt of credible intelligence indicating a projected Read More…
Retirees Mrs. Majekodunmi Bolanle, aged 66, and Mrs. Kuburat Animashaun, aged 64, have embraced new pursuits to engage their hands and rejuvenate their minds. Both grandmothers willingly enrolled at the Lagos State Skills Acquisition Centre in Agidingbi to enhance their skill sets, diving into computer operations and software, a new vocation they eagerly pursued. These Read More…
A partnership between WaterAid and the Lagos State Government resulted in the unveiling of a newly installed 6,000-litre solar-powered borehole, refurbished toilets, and handwashing stations at Community and LGA Primary schools in Ijegun. Evelyn Mere, WaterAid Nigeria’s Country Director, emphasised that the commissioning, coinciding with World Toilet Day 2023, marked a significant step. The project Read More…
