Search Results for "SIMI"
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Kenya court says restructuring alone cannot justify layoffs, raising startup risks

…consultations or demonstrated a fair selection process among employees performing similar work. True scale demands moving beyond surface-level integrations to robust execution. We've filtered the noise out of Moonshot 2026, optimising the conference strictly for high-calibre connections between startup founders, global…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 47 views
Post-primary row: INEC, APC may clash over official Senate list

…settled it along that line," the source said. Another party official disclosed that a similar power-sharing arrangement was brokered in Benue State to resolve the rivalry between Governor Hyacinth Alia and the Secretary to the Government of the Federation, George Akume. According to the source, Tinubu and other nationa…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 36 views
Nigeria's new identity law turns NIMC into the country's digital trust authority

…generates secure, dynamic QR codes that change periodically to prevent identity theft. Similarly, Togo gained global recognition for its digital-first identity system during the COVID-19 pandemic in April 2020, when it launched the Novissi platform. Built in collaboration with the World Bank's ID4D initiative, this tec…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 44 views
Dollar to Naira exchange rate today, July 2, 2026

…about ₦1,390 recorded a day earlier. The appreciation in the parallel market comes after similar gains in the official market. Data released by the Central Bank of Nigeria showed that the NFEM rate improved from around ₦1,376 per dollar to about ₦1,369 in the previous trading session before settling near Thursday’s lev…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 34 views
Nigerian Newspapers: 10 things you need to know Thursday morning

…to N1,385 per dollar in the parallel market from N1,390 per dollar on Tuesday. Similarly, the naira appreciated to N1,369 per dollar in the Nigerian Foreign Exchange Market, NFEM. 6. The Federal Government's reduction in vehicle import levies has officially taken effect, offering hope of lower vehicle prices while prom…

Crime by nigerianewsfeed · 3 mons ago · 0 comments · 37 views
Naira appreciates to N1,385/$ in parallel market

…to N1,385 per dollar in the parallel market from N1,390 per dollar on Tuesday. Similarly, the naira appreciated to N1,369 per dollar in the Nigerian Foreign Exchange Market, NFEM . Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the market fell to N1,369 per dollar from N1,376 p…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 32 views
👨🏿‍🚀TechCabal Daily - Takealot finally delivers

…merchants. Jumia, another African e-commerce giant still seeking profitability, has made similar moves by tapping Chinese suppliers. Who wins here? With Takealot’s new strategy, shoppers who prioritise lower prices over fast delivery are getting more options as the company broadens its supplier base. Takealot keeps mor…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 38 views
Paga turns to tokenised investments in latest infrastructure push

…products into their apps. Companies such as Blend, OpenTrade, and Stable offer similar infrastructure for embedding yield-bearing tokenised assets, including stablecoins (currency), real estate (property), and gold (commodity). Paga could also become a distribution channel for TBook’s embedded investment products acros…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 37 views
FG orders marketers to reduce fuel price

…also increased its price from N1,435 to N1,503 per litre, while Menj and Wosbab recorded similar increases of N63 per litre. However, some operators reduced diesel prices. Matrix and Sigmund depots lowered AGO prices by N20 per litre, reducing them from N1,505 to N1,485 and from N1,503 to N1,483, respectively. For PMS…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 47 views
Igbo leaders reject concession of Enugu International Airport

…it to a company it claimed had no known record of managing an international airport of similar scale either in Nigeria or abroad. According to ILT, the development means that of Nigeria’s six international airports, the Akanu Ibiam International Airport is the only one to be fully financed, operated and managed by a pr…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 35 views
Residents worried over poor waste management, flood risk in Ikole-Ekiti

…Oluwole Fagbewesa, on behalf of the community members, told the Nigerian Tribune that similar incidents are common in several parts of the town, leading to environmental degradation, poor sanitation and an increased risk of flooding during the rainy season. He recalled that the Ikole Local Government Area, previously,…

Agriculture by nigerianewsfeed · 3 mons ago · 0 comments · 38 views
The Next Wave: The age of lending to strangers is ending

…over the last decade: visibility into repayment. Branch Mfb has arrived at a similar destination through a different route. Earlier this year, the company cut staff in Kenya and Nigeria despite generating roughly $30 million in profit globally. During the years when capital was 'cheap', investors rewarded customer grow…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 80 views
Katsina terrorists went to Mecca

…creates an aura of power around men who should simply remain fugitives. There is a similar scene in Florencio Luis Parreño's 1868 novel about the Spanish bandit Jaime el Barbudo. A military lieutenant sent to capture the outlaw finds himself bewildered by the devotion Jaime commands among his followers. Unable to under…

Crime by nigerianewsfeed · 3 mons ago · 0 comments · 37 views
Developing your own money mind (2)

…broke. I've seen entrepreneurs launch business after business, each failing in eerily similar ways. I've known talented people who consistently undercharge, self-sabotage, or face financial crises just as success approaches. These aren't lazy people. They're people whose beliefs about money are at war with their consci…

Entertainment by nigerianewsfeed · 3 mons ago · 0 comments · 36 views
How Wike's leveraging on Tinubu's support to change FCT landscape, save lives

…stopped incessant crushing of pedestrians by motorists. A sigh of relief, one would say! Similarly, Mr. President commissioned the Katampe-Jahi-Mabushi link roads and the Maitama-Gishiri flyover bridge completed by Wike on June 11, 2025 as part of the events marking the President's second year in office. On that second…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 36 views
JUST IN: Peter Obi breaks silence on NDC derecognition ruling

…Nigeria's democratic foundations would ultimately not succeed, recalling that he had similarly condemned actions taken against the African Democratic Congress (ADC) on the grounds of principle rather than political interest. "My concern is not about who becomes President. My concern is that Nigeria works. Our politics…

Politics by nigerianewsfeed · 4 mons ago · 0 comments · 41 views
BREAKING: Again, Dangote Refinery reduces fuel price

…is true our petrol gantry price was reduced by N50 per litre,” Chijiena told DAILY POST. Similarly, the coastal petrol supply price of Dangote Refinery decreased from N1,495,215 per metric tonne to N1,428,165 per metric tonne. The development comes as crude oil prices dropped significantly to $69 and $73 per barrel, th…

Business by nigerianewsfeed · 4 mons ago · 0 comments · 150 views
BREAKING: ECOWAS court slams N10m damages on Nigerian govt over assault of Journalist, Oyekunle

…to monitor compliance with the judgment and provide legal aid to journalists facing similar violations. "For Avocats Sans Frontières France and the eRIGHTS project partners, this ruling strengthens legal protections for journalism in the digital age. It shields reporters from tech-based censorship and intimidation, put…

Politics by nigerianewsfeed · 4 mons ago · 0 comments · 50 views
FGN bonds attract N1.41 trillion bids in June auction as yields climb

…increased from 17.00% in May to 18.34% in June, representing a rise of 134 basis points. Similarly, the stop rate on the 2037 bond climbed from 17.04% to 18.35%, an increase of 131 basis points. The range of bids submitted by investors also widened. For the 2035 bond, bids ranged from 16.00% to 22.60%, while bids for t…

Business by nigerianewsfeed · 4 mons ago · 0 comments · 38 views
NGX rebounds with N1.52 trillion gain as First HoldCo, GTCO lead FUGAZ recovery

…partially reversed its 20.29% weekly decline recorded in the week ended June 19. GTCO similarly bounced back 10% to N127.10 after shedding 15.01% in the prior week - one of the steepest single-week declines among tier-one banking names during the correction cycle. Zenith Bank added 7.09% to N117.80, while UBA gained 1.…

Business by nigerianewsfeed · 4 mons ago · 0 comments · 36 views
A new unpatchable flaw in Apple chips opens the door to an iPhone jailbreak 

…and Magnet Forensics need, and likely already have at their disposal, techniques similar to usbliter8 to break into iPhones. However, hackers still need to incorporate other techniques to access the user data stored in the phone. Public iPhone jailbreaks were relatively widespread in the past, but they have become rare…

Entertainment by nigerianewsfeed · 4 mons ago · 0 comments · 35 views
Powering people, Transforming Nigeria: How REA is driving electricity access

…Kwali, powers grain processing and cold storage for over three thousand residents. Similar grain and cold storage processing networks have been deployed in northern hubs, including a 50kW facility in Namu, Plateau State; a 30kW installation in Magya/Dzwajiwo, Kwara State; a 75kW system in Edo Baba, Niger State; and 50k…

Politics by nigerianewsfeed · 4 mons ago · 0 comments · 48 views
Cocoa prices to exceed $10,000 per tonne as firms shift investments to lab-grown alternatives

…cacao swollen shoot virus are threatening supply and could trigger another price rally similar to that witnessed in 2024. Global President of COCEFAAA, Comrade Adeola Adegoke in a statement made available to Vanguard, said the current investment pattern by major International chocolate companies amounts to an exit stra…

Education by nigerianewsfeed · 4 mons ago · 0 comments · 35 views
FIWON seeks urgent expansion of pension, healthcare for informal workers 

…the introduction of subsidised health insurance premiums for informal workers through a similar cost-sharing arrangement between government and workers. It noted that healthcare coverage remains beyond the reach of millions of Nigerians, leaving many households vulnerable to financial ruin whenever illness strikes. The…

Business by nigerianewsfeed · 4 mons ago · 0 comments · 36 views
The attack on Niamey Airport

…often receive information directly from representatives of armed groups. In addition, a similar piece about the attack on the airport appeared in Jeune Afrique. The author of the article cites a representative of civil society. Although this statement is questionable, if the information is confirmed, it is regrettable…

Travel by nigerianewsfeed · 4 mons ago · 0 comments · 46 views
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