Author: Akintayo Adams

To manufacture autonomous drones for the world’s major industries—such as defense, energy, logistics, agriculture, and mining—a 15,000-square-foot drone factory has opened in Abuja. It is owned by TerraHaptix, a Venture Capital-backed robotics business that develops, produces, and markets self-driving drones. As per the announcement made upon the factory’s acquisition, TerraHaptix can become the continent’s largest drone producer with its yearly production capacity of 10,000 drones. To support production, it has a machine shop, a manufacturing line, a research and development lab, and a 3D printing facility. “This factory acquisition shows TerraHaptix’s intent as a serious strategic robotics company in Africa,…

In order to discuss the state of the economy, the Federal Inland Revenue Service Chairman, Zacch Adedeji, the Minister of Finance and Coordinating Minister for the Economy, Atiku Bagudu, the Minister of Budget and National Planning, and Central Bank of Nigeria (CBN) Governor Yemi Cardoso all spoke at the House of Representatives.In recent months, Nigeria has seen a sustained increase in inflation and a sharp rise in the cost of living. Yet the economic managers predicted a better future during the Tuesday session in Abuja. Speaking, the Governor of Nigeria’s Central Bank, Yemi Cardoso said “Inflationary pressures are expected to…

Following a private vacation to France, President Bola Tinubu has arrived in Abuja. At 8:50 p.m. on Tuesday, the president landed at the Presidential Wing of the Nnamdi Azikiwe airport. A delegation headed by Sen. George Akume, the Secretary to the Government of the Federation, welcomed him.Nyesom Wike, the minister of the F.C.T., Femi Gbajabiamila, the president’s chief of staff, and other government representatives were also present to greet him. Recall that on Wednesday, January 24, President Tinubu visited France. President Tinubu’s visit to France was his second since taking office in May 2023. He returns to find states reeling…

Fans of the Super Eagles no longer need to fear as Victor Osimhen is cleared to play in Wednesday’s AFCON semifinal matchup against South Africa. Babafemi Raji, the team’s media officer, reports that the 24-year-old trained with the squad on Tuesday after joining them in Bouaké. “Victor Osimhen has been declared fit and available for selection in the semi-final clash against South Africa on Wednesday,” a post on the team’s handle captioned ‘Super Eagles Camp Update,’ read. “He has joined the team in Bouaké and has trained with the squad today.” The Super Eagles media staff had announced the day…

South African corporation, MultiChoice declared today that it had turned down a takeover bid from the French media conglomerate Canal+. Canal+, which already owned a 30% share in MultiChoice, has terminated negotiations, citing a severe undervaluation of the company. Canal+ made an offer of 105 rand, or roughly $5.5, per share, for the remaining MultiChoice shares. The South African business asserted, meanwhile, that a recent valuation significantly increased its value. In a statement, MultiChoice said “Following careful consideration, the board concluded that the proposed offer price significantly undervalues the Group and its future prospects.” “Therefore, while the board is open…

The President’s wife, Mrs. Oluremi Tinubu, has called on parents and guardians everywhere to defend the rights, vulnerabilities, and general welfare of girls in the nation. In honor of the International Day of Zero Tolerance for Female Genital Mutilation (FGM), Tinubu made this declaration in a statement that was signed on Tuesday under the heading “Her Voice, Her Future: Investing in Survivors Led Movements to End Female Genital Mutilation.” She pointed out that the anniversary of FGM serves as a further reminder to parents and guardians of their duty to defend the rights of all Nigerian girls. “We are once…

Professor Bernard Matau, the vice chancellor of Plateau State University, has lost his position. It was discovered that the vice chancellor, whose term has not yet ended, was removed from office along with four other state-appointed heads of higher education: the provosts of the colleges of health technology in Pankshin, Zawan, and Barkin Ladi, the rector of the Plateau State Polytechnic, and Gindiri, the provost of the college of education. The development was announced on Tuesday by a statement released by Samuel Jatau, the Secretary to the State Government. Partly, the statement reads “His Excellency, the Executive Governor of Plateau…

On Tuesday, the House of Representatives implored the Federal Government to release the food stocks right away and provide grain to Nigerians in need. The representatives stated that this is to address the issue of hunger in the nation. The resolution was adopted after Mr. Ibrahim Isiaka, the member representing the Ifo/Ewekoro Federal Constituency in Ogun State, filed a motion of national urgent concern. Isiaka, who chaired the discussion, bemoaned the rising cost of cement while pointing out that Nigerians now face extreme hardships in living expenses “even though we have all the raw materials for the production.” Speaking, he…

In order to combat insecurity in the area, South-West governors have been urged by Mr. Morayo Lebi, a prominent member of the All Progressives Congress in Ondo State, to provide contemporary equipment to the South-West Security Network Agencies, also referred to as Amotekun. Two monarchs were slain in Ekiti State, and a group of suspected gunmen seized no fewer than twenty-five schoolchildren and four staff members in the Emure community of Ekiti State, adding to the worrying wave of violence plaguing the southwest. Lebi noted that even if the victims have been freed, security organizations like Amotekun and others need…

The Nigerian federal government is actively investigating ways to slow down the country’s skyrocketing flight costs. Festus Keyamo, the minister of aviation and aerospace development, recently stated in an address in Abuja that the government is committed to resolving the matter. Keyamo emphasized the significance of putting in place all-encompassing measures to lessen the load on travelers. Keyamo stated, “We will see what happens. I don’t want to predict doom, but we will try all we have to do, not only the dollar issue or exchange issue but within the sector and other surrounding issues within the aviation sector, to…