Daniel Otera

US Eases Russia Sanctions for Stranded Oil to India

  The United States government has temporarily relaxed its economic sanctions against Russia to allow a consignment of Russian crude oil and petroleum products, currently stranded aboard vessels at sea, to be sold to India, the Treasury Department announced on Thursday. The Treasury Department’s Office of Foreign Assets Control issued a Russia-related general licence titled…

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Google Expands AI Search To Yoruba, Hausa Languages

  Technology company Google has expanded language support for its Artificial Intelligence powered search features to include Yorùbá and Hausa, a development the company says will allow more Nigerians to interact with advanced search tools in their native languages. The announcement was disclosed in a statement on Thursday by Google’s Communications and Public Affairs Manager…

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Senate Summons NNPCL Execs Over N210 Trillion Black Hole

  Nigeria’s Senate Committee on Public Accounts has intensified its oversight of the nation’s oil sector by summoning three former top executives of the Nigerian National Petroleum Company Limited to address audit queries revealing N210 trillion in unaccounted funds between 2017 and 2023. The committee, led by Senator Aliyu Wadada from Nasarawa West, issued the…

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Italy Deploys Air Defenses to Gulf Amid Iran Strikes

Italy has stepped forward with military support for Gulf countries facing Iranian retaliatory strikes, deploying air defence systems while coordinating with European allies to safeguard Cyprus, as escalating Middle East tensions prompt Rome to prioritize regional stability and protect its citizens and energy interests. Prime Minister Giorgia Meloni announced the initiative during an interview with…

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Canal+ to Shut Down Showmax After MultiChoice Acquisition

    French media conglomerate Canal+ has moved to discontinue the South African streaming platform Showmax after completing its acquisition of MultiChoice, Africa’s dominant pay-TV provider, pointing to persistent financial losses as the key factor behind the decision. The announcement, detailed in a statement from Canal+ on Thursday, marks the end of Showmax’s decade-long run…

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Middle East War Poses Military,Economic Threats To Africa

  Escalating tensions in the Middle East have placed Africa in a precarious position, with military installations in the Horn of Africa emerging as potential targets for Iranian retaliation and the continent’s economies bracing for fallout from disrupted global trade and soaring energy costs. The continent remains “structurally exposed” to the ongoing war, according to…

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CBN Acquires Local Gold to Lift Reserves 

  Nigeria’s foreign reserves received a notable addition as the Central Bank of Nigeria incorporated responsibly sourced gold refined to international standards, elevating its total gold holdings to $3.5 billion and advancing efforts to diversify away from traditional assets amid global economic shifts. The move, part of an ongoing reserve diversification strategy, involves gold aggregated…

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Nigeria Rolls Out School Hearing Checks, Newborn Screening Nationwide

  Nigeria’s Federal Government has announced plans to introduce routine hearing checks in primary schools and scale up newborn hearing screening across the country, in a move aimed at improving early detection of hearing impairment and building more inclusive learning environments for children. The announcement was made as Nigeria joined the rest of the world…

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