South Korean technology giant Samsung unveiled new, sleeker smartphone models on Wednesday that are priced higher than previous versions, as artificial intelligence drives up component costs. One of the models resembles a miniature tablet when unfolded. Samsung, which launched the high-end products in London, aims to reaffirm its dominance in the foldable smartphone market, where it has operated since 2019, ahead of a potential move by US rival Apple this year. “By setting a new standard for foldables, we are once again advancing the premium mobile experience,” said TM Roh, head of Samsung’s mobile division. The most innovative device unveiled…
Author: Newsdesk
The Minister of Works, Engr. David Umahi, has stated that the Federal Government’s massive investment in road infrastructure under President Bola Tinubu is generating thousands of jobs, stimulating economic activity, and helping to alleviate hunger nationwide. Umahi made the remarks on Friday during an inspection of the ongoing Calabar–Ebonyi–Benue–Nasarawa–Abuja Superhighway project in Onueke, Ezza South Local Government Area of Ebonyi State. According to the Minister, President Tinubu’s infrastructure agenda is directly creating employment through construction activities while opening up commercial opportunities for communities along the corridor. “When people talk about hunger in this country, they should understand that the activities…
The Nigerian naira appreciated against the British pound on Friday, with the sterling trading at N1,834 in the foreign exchange market as the UK currency lost ground against the US dollar amid shifting global market sentiment. Market data showed the pound traded within a range of N1,813/£ and N1,862/£ during July, reflecting continued volatility in the GBP/NGN exchange rate despite the naira’s recent gains. Analysts attributed the sustained demand for the British currency in Nigeria to increased school fee remittances to UK institutions and rising medical tourism, which have continued to support demand for pounds. However, the Central Bank of…
Nigeria’s external reserves declined by $114 million within one week, retreating from a recent peak of $52.04 billion despite remaining well above the $51 billion mark, according to the latest data from the Central Bank of Nigeria (CBN). The reserves fell from $52.04 billion recorded on July 22 to $51.92 billion as of July 29, marking the first notable pullback after several weeks of sustained growth that pushed the country’s foreign exchange buffer to its highest level in years. CBN figures showed the reserves eased gradually over the period, declining to $52.03 billion on July 23, $52.02 billion on July…
The Nigerian Association of Resident Doctors (NARD) has threatened to commence a total and comprehensive nationwide industrial strike on August 10 if the Federal Government fails to address its outstanding demands. The resolution was contained in a communiqué issued at the end of the association’s July National Executive Council (NEC) meeting, which began on Sunday in Gombe and was made available to reporters on Thursday night. The communiqué was jointly signed by the NARD President, Dr Mohammad Suleiman; the Secretary-General, Dr Shuaibu Ibrahim; and the Publicity and Social Secretary, Dr Abdulmajid Ibrahim. The association said the decision followed a review…
The National Directorate of Employment (NDE) has closed the online registration portal for the third phase of the Renewed Hope Employment Initiative (RHEI III), ending the nationwide application process. The Director-General of NDE, Silas Agara, announced this in a statement issued in Abuja. Agara said the portal, which was launched on July 23 by the Minister of Labour and Employment, Dr Muhammed Dingyadi, officially closed at 4:00 p.m. on July 30. He said the registration period was extended by one day after minor technical disruptions on July 25 to ensure that all eligible applicants had the opportunity to complete their…
The All Progressives Congress (APC) governorship candidate for Nasarawa State, Sen. Ahmed Wadada, has defended President Bola Tinubu’s policies and programmes, citing improving economic indicators. Wadada spoke on Thursday after meeting President Tinubu at the Presidential Villa, Abuja, where he assessed the administration’s performance and outlined plans for Nasarawa State. The senator said only “an open enemy” would dismiss the achievements recorded by the Federal Government since Tinubu assumed office in May 2023. “But for anybody to sit down and wish away this administration, then that person is either ignorant, or not realistic, or an open enemy,” he said. He…
The Attorney-General of the Federation and Minister of Justice, Mr Lateef Fagbemi, says human traffickers’ growing use of digital platforms is challenging Nigeria’s legal and institutional response. Fagbemi stated this on Thursday in Abuja at the 2026 World Day Against Trafficking in Persons, marked annually on July 30. Represented by Mrs Victoria Ojogbane, Director of Planning, Research and Statistics in the ministry, he said traffickers had shifted from physical methods to social media, encrypted platforms and fake recruitment websites. He noted that Nigerian graduates were continuously lured with promises of overseas jobs in technology, digital marketing, cryptocurrency trading and telecommunications,…
The Federal Government has called for stronger partnerships among African countries to transform the continent’s agrifood system, accelerate development and achieve sustainable food security. Sen. Aliyu Abdullahi, Minister of State for Agriculture and Food Security, made the call on Thursday at the 9th Africa Agriculture Science Week (AASW9) and 10th General Assembly of the Forum for Agricultural Research in Africa (FARA) in Abuja. Abdullahi urged African governments, research institutions, development partners and the private sector to translate commitments into concrete actions. He said science-driven partnerships were critical to achieving food security, climate resilience and sustainable agricultural development across the continent.…
The Automotive Local Components Manufacturers Association of Nigeria (ALCMAN) has called for stronger government support to boost local manufacturing of automotive components. The Chairman of ALCMAN, Mr Anselm Ilekuba, made the call at the third Nigeria Auto Industry Summit on Thursday in Lagos. The summit was organised by the Nigeria Auto Journalists Association (NAJA) in collaboration with the National Automotive Design and Development Council (NADDC). It had the theme “Nigeria’s Clean Mobility Future: The EV and CNG Journey Under the President Bola Tinubu Administration.” According to Ilekuba, Nigeria’s automotive industry cannot thrive without a robust indigenous component production base. “Every…