Uncategorized

KADCCIMA to hold 46th int’l trade fair

Despite the hardship and economic challenges being faced in the country due to inflation, the Kaduna Chamber of Commerce, Mines and Agriculture (KADCCIMA) has disclosed plans to hold the 46th edition of the Kaduna International Trade Fair.  Addressing a press conference preparatory to the fair slated for 14th to 23rd February, 2025, Alhaji Farouk Suleiman, 1st deputy president of the …

Read More »

Meta Ends Fact-Checking Programmes In The US

Zuckerberg said that “fact checkers have just been too politically biased and have destroyed more trust than they’ve created”. Social media giant Meta announced Tuesday a significant rollback of its content moderation policies, including the termination of its third-party fact-checking program in the United States. “We’re going to get rid of fact-checkers and replace them with community notes similar to …

Read More »

Iran Lifts Ban On WhatsApp

The restrictions severely impacted many online businesses that used online platforms like Instagram to advertise and sell products or services. Ardavan Yousefi has gotten so used to life under Iran’s sweeping internet restrictions that for him, a recent decision to lift a ban on messaging service WhatsApp went virtually unnoticed. “Oh wow, is it really removed now?” Yousefi, a cafe …

Read More »

Google Pays Canada Media Can$100mn To Use Content

Google and Meta, which together control about 80 percent of all advertising revenue in Canada, had been accused of draining cash away from traditional news organizations while using news content for free. Google said Friday it had paid Can$100 million to Canadian news outlets to use their content on its platform, as part of a deal with the government to …

Read More »

Anthony Joshua Visits President Tinubu

During the visit, Joshua presented Tinubu with an autographed glove with the inscription, “To the Great Asiwaju Jagaban Borgu of Africa, Bola A Tinubu.” Two-time heavyweight boxing champion Anthony Joshua has visited President Bola Tinubu at his residence in Lagos State.  During the visit, Joshua presented Tinubu with an autographed glove with the inscription, “To the Great Asiwaju Jagaban Borgu …

Read More »

Fernandes Demands More From Man Utd After Draw At Liverpool

The midfielder said next week’s FA Cup tie at Arsenal would be tough for the holders but “we want to get to the final again”.  Bruno Fernandes said if Manchester United can perform at Anfield they must “do it everywhere” after the crisis-hit side secured a 2-2 draw against Premier League leaders Liverpool on Sunday. Cody Gakpo cancelled out Lisandro …

Read More »

2025: With right investment, policies maritime sector‘ll drive economy

The Sea Empowerment Research Centre has said that with the right investments, policies and regulations, the maritime industry can play a crucial role in driving the country’s economy and connecting it to global market. The Center added that it is essential to address the myriads of challenges plaguing the industry and implement reforms that will enhance the efficiency and competitiveness of …

Read More »

Net Forex Inflows Rises To $4692bn, Says CBN

The CBN’s Economic Report for the review period showed that the rise was from $28.31 billion in the corresponding period of 2023. Data from the Central Bank of Nigeria said the net foreign exchange (FX) inflows through the economy rose by 65.7 per cent year-on-year (YoY) to $46.92 billion in the first ten months of 2024 (10m’24). The CBN’s Economic …

Read More »

Manufacturing sector remains top VAT contributor at 22.21%

The manufacturing sector remained the top contributor to Value-added Tax (VAT) with a contribution of N395.34 billion, representing 22.21 percent of the N1.78 trillion total VAT collections in the third quarter of 2024 (Q3’24), reaffirming its critical role in Nigeria’s economic development. Recall that the National Bureau of Statistics (NBS) also reported the manufacturing sector as the highest sectoral contributor, accounting …

Read More »