Nigeria’s Minister of Solid Minerals Development, Dele Alake, said on Wednesday that mining development grants under a new government-backed programme would be awarded strictly on merit, with no consideration given to personal connections or influence. Alake spoke at the unveiling of the Early-Stage Mineral Exploration and Research Grant Endowment (EMERGE) Programme, an initiative aimed at...
Author: David Taylor (David Taylor)
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Oyo Police Dismiss Terrorist Infiltration Claims As False
Oyo State police have dismissed reports circulating on social media alleging that suspected Lukarawa terrorists had infiltrated forests around Ogbomoso and the Old Oyo National Park as false. In a statement, the Police Public Relations Officer in the state, DSP Olayinka Ayanlade, said intelligence assessments and security reports available to the command did not support...
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Tinubu Promises To Transform Abuja Into Modern Capital City
Nigerian President Bola Tinubu on Wednesday reaffirmed his administration’s commitment to transforming Abuja into a model capital city through sustained infrastructure development. He said improved transport networks would boost economic growth and enhance connectivity across the Federal Capital Territory (FCT). Vice President Kashim Shettima who represented Tinubu during the inauguration of Arterial Road N5 (Obafemi...
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Sanwo-Olu Inaugurates West Africa’s First Additive Manufacturing Facility
Lagos State Governor Babajide Sanwo-Olu has inaugurated what he called West Africa’s first multi-technology industrial additive manufacturing facility. The governor said the project would help reduce Nigeria’s reliance on imported industrial components and spare parts. Speaking at the opening of the Arridex facility in Lagos, southwest Nigeria, Sanwo-Olu said local production of industrial parts would...
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Lagos Fishermen Seek Assistance As LASWA Intensifies Waterway Safety Enforcement
Fishermen operating on Lagos waterways have called for greater government support to cushion the impact of rising operational costs, even as the Lagos State Waterways Authority (LASWA) intensified efforts to enforce safety regulations across the state’s inland waterways. At a stakeholders’ engagement in Badagry, Lagos state Southwest Nigeria, LASWA reminded fishermen of mandatory safety requirements,...
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Indonesia Annouces Surprise Rate Hike As Rupiah Slides
Indonesia’s central bank unexpectedly raised its benchmark interest rate by 25 basis points on Tuesday, citing heightened global volatility and mounting pressure on the rupiah, as policymakers moved to shore up confidence in Southeast Asia’s largest economy. The move lifted the benchmark rate to 5.5%, more than a week ahead of the bank’s scheduled monthly...
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Kenyans Protesting US Ebola Centre Arrested
Several Kenyans protesting against an Ebola quarantine centre being built for US citizens in Nanyuki, Nairobi were arrested in the latest protests held on Tuesday. The centre at Laikipia Air Base in the tourist town of Nanyuki, will be used to quarantine Americans arriving from the Democratic Republic of Congo (DRC), the epicentre of the...
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GSK To Acquire Nuvalent In $10.6 Billion Deal
British drugmaker GSK has agreed to acquire U.S. cancer-focused biotechnology company Nuvalent for $10.6 billion, strengthening its oncology portfolio with three experimental lung cancer treatments. The deal, announced on Tuesday, includes two late-stage therapies, zidesamtinib and neladalkib, which GSK said could be launched before the end of 2026, which is subject to regulatory approval. GSK...
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Germany Announces Plan To Create AI Safety Agency
Germany says it plans to set up an institute for artificial intelligence safety to analyse the performance and risks of AI models. A government spokesperson after the council met said “The National Security Council has assessed the implications of advanced AI models for cybersecurity in Germany” and decided to create the institute. The government said...
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LAMATA Increases Lagos Blue Line Rail Daily Services To 94 Trips
The Lagos Metropolitan Area Transport Authority (LAMATA) said on Monday it had increased daily services on the Lagos Rail Mass Transit (LRMT) Blue Line to 94 trips from 90, as demand for rail transport continues to grow in Nigeria’s commercial capital. LAMATA said in a statement that the revised timetable would take effect from June...