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The head of Taiwanese chip firm Etron has a sarcastic nickname for major memory makers. Chairman Lu Chao-Chun called DRAM suppliers like Samsung, SK hynix, and Micron the new Santa Claus. He says customers are now just grateful to get any supply allocated to them. He blamed the current shortage...

MTN Nigeria says its hiring of Persons with Disabilities has more than doubled since 2021, reaching over two percent of its workforce. The telco made the announcement at an event for International Day of Persons with Disabilities at their headquarters. Executives like Chief HR Officer Esther...

Chappal Energies just locked down a major 340 million dollar loan from a bunch of big banks. Their subsidiary, Chappal Investments Limited, secured the cash through a syndicate of international and African lenders. They also got another 90 million from a global commodities firm. The company...

President Tinubu just signed off on 758 billion naira to finally clear old pension debts. The National Pension Commission boss, Omolola Oloworaran, dropped the news at a Lagos summit. PenCom also forced a ton more cash from sketchy employers, with recoveries jumping 180 percent in a year. The...

IPMAN is telling every one of its members to buy fuel from the Dangote Refinery. The national president, Abubakar Maigandi, said the refinery currently has the best price. A new deal allows direct supply to registered IPMAN members. Free delivery to their stations everywhere starts in early...

Marine industry figures are demanding a legal framework for the upcoming National Single Window project. They spoke at a Lagos event hosted by First Mediacon Network Limited for maritime journalists. Former ANLCA acting president Kayode Farinto argued that a law is essential to force agencies...

The feds finally handed over the compliance certificate for the Bakassi Deep Seaport. The Minister of Marine and Blue Economy, Adegboyega Oyetola, gave the paper to Cross River State's Governor, Bassey Otu, in Abuja. This follows a sign-off from the Federal Executive Council. Officials are...

First Bank's CEO says its new digital hubs won't cut jobs. Olusegun Alebiosu made this statement during the launch of a Digital Xperience Centre at the University of Benin. He described the innovation as a flexible complement to traditional branches, not a replacement. The center allows full...

The Tin Can Island Port customs command has trained another group of maritime journalists. Over a hundred reporters have now completed this capacity-building program. Customs Area Controller Comptroller Frank Onyeka stated that an informed press is essential for transparency during the service's...

The National Agricultural Development Fund held a meeting with agribusiness processors to review a farm input program. Executive Secretary Mohammed Ibrahim acknowledged challenges during the pilot phase, which affected planting and yields. He stated the fund remains committed to improving the...

Nigeria LNG has officially marked the departure of its Managing Director, Philip Mshelbila. He will leave the company at the year's end for a leading role at the Gas Exporting Countries Forum in Qatar. Engineer Adeleye Falade was appointed as his successor, set to begin next April. Company...

President Bola Tinubu has appointed a new board for Nigeria's power regulatory agency. The Senate confirmed the members for the Nigerian Electricity Regulatory Commission. Dr. Mulisiu Olalekan Oseni will serve as Chairman, with Dr. Yusuf Ali as Vice Chairman. Other board members include Nathan...

A West African financial watchdog says heavy reliance on cash is a major problem. The Inter-Governmental Action Group Against Money Laundering, or GIABA, cites this as a key factor enabling crime in Nigeria and the region. Acting Director of Policy Dr. Jeffery Isima discussed this at a Lagos...

The BNP has called the recent attacks on media offices and cultural centers a conspiracy. Secretary General Mirza Fakhrul Islam Alamgir stated that these violent acts aim to destabilize the upcoming national election. He made these remarks following a party standing committee meeting. He...

BNP Chairperson Khaleda Zia's health has shown some improvement. Her personal physician stated her condition is more stable now than in previous weeks. She underwent a minor surgical procedure today at Evercare Hospital. A medical team with foreign and local doctors continues her treatment in a...

The BNP has postponed two major public events featuring senior leaders. This decision follows the political unrest triggered by the death of Sharif Osman Bin Hadi. The party will hold an emergency meeting of its Standing Committee tonight. BNP Acting Chairman Tarique Rahman will lead the...

The interim government condemned recent violent attacks on media offices and other institutions. They labeled the perpetrators as isolated extremist groups exploiting the protests over Osman Hadi's death. Authorities called for public vigilance and a rejection of further violence. Their...

The UN human rights chief voiced serious concern over the killing of Sharif Osman Bin Hadi. Volker Türk called for a full investigation into the attack that caused the death of the July protest leader. He urged all sides to avoid violence and retaliation, warning that it would only cause more...

The US Embassy in Dhaka has issued another security alert for Americans in Bangladesh. It advises caution near any large gatherings due to ongoing nationwide protests. These demonstrations follow the death of July Uprising figure Sharif Osman Hadi. The alert states that even peaceful events can...

The body of Sharif Osman Hadi has returned to Dhaka. The Inqilab Moncho spokesperson and July Uprising leader arrived via a Bangladesh Airlines flight. His funeral prayer is now scheduled for Saturday afternoon at the National Parliament complex. He will be buried next to the poet Kazi Nazrul...