The landing cost of Premium Motor Spirit, also known as petrol, was N1,117/litre as of Tuesday, July 16, 2024, the Major Energies Marketers Association of Nigeria announced on Wednesday. MEMAN disclosed this during a webinar with journalists on Wednesday. The association revealed that the landing cost of diesel was N1,157/litre, while that of aviation fuel…
An AI tool could decipher text — including passwords — from keystroke sounds recorded over Zoom and be right over nine times out of ten, a group of researchers said in a paper published on August 3. AI can steal passwords from keystroke sounds recorded over Zoom with up to 93% accuracy, per a new…
The Independent Petroleum Marketers Association of Nigeria said the price of Premium Motor Spirit, popularly known as fuel would continue to increase as long as the US Dollar rose in the foreign exchange market. Chinedu Okoronkwo, the National President of IPMAN, disclosed this to DAILY POST exclusively while reacting to speculation of further fuel pump…
The National Economic Council (NEC) meeting is being held at the Council Chambers of the State House in Abuja on Thursday. The meeting, which is being chaired by the Vice President Kashim Shettima, has in attendance governors of the 36 states of the Federation, the Director General of the Nigerian Governors’ Forum, as well as…
The Royal Sport Club International (RCSi) Abuja has elected Kene Agabaenwere as the new captain to pilot the affairs of the club for the next two years. The new captain who took over from the outgoing, Chijioke Okonkwo was elected at the Club’s 2023 Annual General Meeting which held on Saturday 1st July, 2023 in…
The Abuja Chamber of Commerce and Industry (ACCI) has called on the Federal Government and stakeholders in business sectors to synergise efforts in empowering and supporting the Micro, Small and Medium Enterprises (MSMEs) for a sustainable future. This was made known by the President of ACCI, Dr Al-Mujtaba Abubakar in commemorating the 2023 World MSME…
The Abuja Chamber of Commerce and Industry (ACCI) has commended the Central Bank of Nigeria’s (CBN) forex policy to unify the foreign exchange saying it is a welcomed development and a big step towards improving the ease of doing business in Nigeria. Speaking on the new policy, the President of ACCI, Dr Al-Mujtaba Abubakar stated…
The Federal Government led by President Bola Tinubu has imposed a ban on the operations of Binance Nigeria Limited. POLITICS NIGERIA reports that this development was revealed in a circular issued by the Securities and Exchange Commission. According to the circular, the Commission highlights that Binance Nigeria Limited is operating without proper registration or regulation,…
Under the administration of the now suspended Central Bank of Nigeria Governor, Godwin Emefiele, the bank never followed the principles of “ways and means” loans and the loans thus jumped from N789.6billion in May 2015 to N22.7trillion in May 2023 under the Muhammadu Buhari’s years, a Nigerian human rights activist, Sesugh Akume has said. In…
The Abuja Chamber of Commerce and Industry (ACCI) has reacted to the removal of fuel subsidy and the negative effect it would pose on the Small and Medium Enterprises (SME) business community. At the presidential inauguration on Monday, 29th May 2023, President Bola Ahmed Tinubu in his inaugural speech announced the total removal of the…
