OIL prices rose yesterday on fears of a widening conflict in the Middle East curtailing Iranian crude supply, but prices were headed for a third straight monthly loss because of concerns about waning global demand. Brent crude futures for November delivery, expiring yesterday, gained 1 cent to $71.00 a barrel. The more actively traded Brent…
THE Petroleum Tanker Drivers Branch (PTD) Branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has commended President Bola Ahmed Tinubu’s administration renewed commitment to ensure motorable federal highways across the country. The Union, a communique, also commended efforts by the government to ensure stability in supply of petroleum products. The Union,…
WORLD’s largest podcast distribution platform Podeo has announced a $5.4million funding round to support podcasters overcome the discoverability challenge. The Series A funding round was led by Oraseya Capital (the VC arm of Dubai Integrated Economic Zones Authority) with participation from Ibtikar Fund, Cedar Mundi Ventures, Samarium, iSME, and returning investor Razor Capital. There are…
The World Bank has approved three new projects for Nigeria, totaling $1.57 billion in financing, according to a statement from the global bank. The statement by World Bank Nigeria, explained that the new funding will support the country in addressing governance challenges in education and healthcare, improving primary healthcare services, and increasing resilience to climate…
Africa’s leading all-inclusive PR management platform, SquirrelPR, will host a specialized session at the highly anticipated #StartupSouth9 Conference. This session aims to empower startups from the South-South and Southeast regions with actionable, cost-effective public relations strategies to help them grow their businesses. This year’s conference, with: “Deep & Broad: Extending Frontiers of Technology and Economic…
iTEC is solidifying its position as one of the top brands in the electronics marketplace with the launch of its latest 75-inch UHD TV. This television set, a product of Africa’s leading tech company, Zinox, is a masterpiece and nothing short of a marvel, as it provides an immersive visual experience that captivates casual viewers…
Airtel employees have demonstrated commitment to a sustainable environment, through its beach clean-up exercise held at Baadun Beach, Ajah, Lagos. The event, organized under the Airtel Employees Volunteer Scheme (EVS), served as a continuation of the company’s 2024 World Environment Day activities. The event saw the participation of over 100 staff members of Airtel Nigeria…
Nigeria might lose over 300 millionaires in the nearest future to investment migration, a disturbing trend for the country. Millionaires continue to migrate to other countries in search of greener pastures as the national economy undergoes major structural reforms. Henley & Partners, a global leader in residence and citizenship planning, noted increasing wealth concentration in…
A technology service provider, Phase 3 Telecom, has said education has a huge role to play in shaping the future of the youths who in turn will become the drivers of the national economy. Its Chairman, Mr. Stanley Jegede, who spoke during the announcement of the expansion of the scope scope of EDP initiative of…
