NewsBlist

Naija Bulletins - News Summaries:

• Google Alphabet Inc. Leads the Charge in U.S. Equities — Microsoft Corporation at 277.53, a 10.72 percent increase, and Apple Inc. at 158.86, an 8.06 percent increase...

• Japan's YoY Consumer Price Inflation Slows Down to 3.1 percent in February from Previous Highs..

• Twitter's $7 Per Month Verification Process Goes Global with Twitter Blue — Benefits include priority ranking in conversations, half ads, long Tweets, edit and undo...

• Bank of England raises interest rates to 4.25 percent to combat inflation surge — The new rate is the highest recorded since October 2008...

• FAAC Distributes N722.677 Billion Revenue Among States and Local Governments in February 2023 — N269.063 billion for FG, N236.464 billion for States and N173.936 billion for LGAs..

• Market Rates at 11:30am - Euro Surges Against US Dollar and Japanese Yen, Brent Crude and WTI Crude Drop by over 5 percent...

• Federal High Court in Lagos strikes out Nigerian Government’s case seeking to recover and forfeit N70tn from alleged looters

• US Expresses Concerns Over Violent Voter Intimidation and Suppression in Nigerian Elections — The use of ethnically charged rhetoric before, during, and after the gubernatorial election in Lagos was particularly alarming...

• Google Launches Bard, a Collaborative Experiment with Generative AI to Boost Productivity and Creativity - It has built-in guardrails, such as capping the number of exchanges in a dialogue...

• Nigeria Police Arrests Twitter User for Cyberstalking — According to a statement by CSP Olumuyiwa Adejobi, a prima facie case has been established...

• Agea Forex Company Voluntarily Dissolves, Encourages Clients to Withdraw Funds — The company did not provide any further details about the dissolution..

• Unity Bank Announces Retirement of Chairman and Executive Director — The bank made the announcement following the CBN's directive on tenure limits for bank executives...

• Russia overtakes Saudi Arabia as China's top oil supplier; Putin and Xi Jinping strengthen strategic cooperation..

• Nigerian Government Exempts Digital Economy from Excise Duty, Says Communication Minister...

• Court bars CAC on CAN — Federal High Court, Abuja, has barred the Corporate Affairs Commission from suspending or appointing trustees of the Christian Association of Nigeria...

• Central Bank of Nigeria Raises MPR by 50 Basis Points — The CBN has announced its decision to increase the Interest Rate from 17.5 percent to 18 percent...

• CBN's Currency in Circulation Drops Significantly, as Redesigned Naira Notes are Rolled Out — According to the CBN, it dropped from N3.16 trillion in November 2022 to N982.09 billion in February 2023

• The importance of Mutual Respect, Love, and Tolerance amongst diverse cultural groups and indigenous tribes in Nigeria cannot be overemphasized - Article

• Organisation of Petroleum Exporting Countries and its allied producers have disclaimed any involvement in the recent decline in oil prices...

• United States — Arlington, Texas was the scene of a tragic school shooting on Monday morning, where a male student was shot and killed, and a female student was injured...

• European Union Election Observation Mission has raised concerns about Nigeria's 2023 general election, warning that it revealed systemic weaknesses...

• Aliko Dangote, on Monday overtook four business magnates on the world billionaires' list after making 460 billion naira in a day...

• What is Garnishee Order Nisi All About — Legal Framework, Procedure, Remedies, Notable Case Studies in Nigeria - Article

• Nigeria's foreign exchange reserves have experienced a significant decrease in value, dropping by nearly $1 billion in just 71 days...

• Nigeria's President Buhari signs bill into law allowing states to generate and distribute electricity...

• Nigerian Communications Commission (NCC) mandates implementation of new harmonized short codes for Mobile Network Operators (MNOs)

• The impact of Nigeria's new naira-cashless policy on small businesses and entrepreneurs...

• HSBC Acquires Silicon Valley Bank (SVB) UK — The transaction was facilitated by the Bank of England, in consultation with the HM Treasury...

• Elon Musk, on Friday announced that Twitter would open-source all the code used to recommend tweets on March 31, 2023...

• US oil prices dropped to $66 per barrel, while UK oil prices fell to $72 per barrel on Friday, March 17, 2023...

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