The naira on Wednesday weakened to N1,507.83 per dollar at the official market as against N1,500.79 to the greenback on Tuesday. At the parallel market, the local currency closed at N1,488 per dollar on Wednesday as against N1,484 to the dollar on Tuesday. Meanwhile, the Governor of the Central Bank, Yemi Cardoso, stated that the country has already experienced the worst of naira volatility regarding foreign exchange. Foreign exchange inflows refer to the movement of foreign currency into a country. These inflows can come from various sources, such as exports, when a country sells goods and services to other countries; it earns foreign currency from these transactions.

The US supreme court has struck down a lower court ruling in the case of Murthy v Missouri, in a decision that did not find the government’s communications with social media platforms about Covid-19 misinformation violated the first amendment. The court’s decision permits the government to call on tech companies to remove falsehoods, a key concern as misinformation spreads around this year’s presidential election. An initial lower court ruling from a Republican-favorite judge in Louisiana accused federal agencies of taking on the role of “an Orwellian ‘Ministry of Truth’”. The supreme court, in a decision written by Barrett, ruled that “the fifth circuit was wrong” in its conclusions. The court found that the plaintiffs failed to demonstrate that they faced substantial risk of harm from the government.

Lately, that has proven to be most valid with routine hacking and data breaches, leading to unauthorised sales of personal data, identity theft, and misuse of individuals’ National Identification Numbers, among others. Paradigm Initiative (PIN), a digital hub spread across Africa, recently raised the alarm after it discovered that a website was selling the personal data of Nigerians illegally online. The NIMC further advised Nigerians to avoid giving their data to unauthorised and phishing sites, stressing that this poses the danger of data harvesting, and comprises individual data. According to him, the Commission reaffirms its commitment to upholding ethical standards in data protection in line with the Federal Government’s directives and data privacy regulations. He said this birthed the enactment of the Nigerian Data Protection Act 2023 and establishment of the Nigeria Data Protection Commission.

While Nigeria’s average plastic waste generation figures are still hard to quantify, estimates indicate that the country ranks ninth in the world with the most plastic waste – a whopping 2.5 million metric tonnes yearly. In 2021, a report from the Lagos State Waste Management Authority, indicated that the recycling economy of the state generated as much as N18 billion. From all indications, this is a flourishing industry that extends beyond just waste collection; it encompasses a vibrant ecosystem that involves waste collection, sorting, processing into bales or flakes, and recycling of these materials into resins or other reusable materials. This transformative process gives rise to a circular economy, where plastic waste becomes a valuable resource, promoting sustainability and economic growth. In all of this, some observers have noted that a critical element in tackling the challenges posed by plastic waste can be achieved through collaboration.

Much of the discussion before the semi-final has been around the lack of a reserve day and there is rain forecast for Thursday. The first semi-final between South Africa and Afghanistan has a rain reserve day but England's meeting with India does not. Mott said in an "ideal world", there would be a reserve day and it is something the International Cricket Council "need to look at long term". The match is a repeat of the semi-final of the last T20 World Cup in Australia, where a superb England thrashed India by 10 wickets in Adelaide en route to winning the title. Mott said India, who timidly posted 168-6 that night before England chased the target in 16 overs, are a more aggressive side this year.

Following the death of a 39-year-old woman, Afusat Ololade, in the Ita Baale area of Ifo, Ogun State, the state Police Command has begun an investigation into the incident. PUNCH Metro learnt that the incident happened at about 4:07pm on Tuesday 18, 2024. Our correspondent learnt on Monday that the deceased was allegedly given an unknown injection, which led to her death. PUNCH Metro learnt that the 39-year-old woman reportedly passed away shortly after receiving the injection, resulting in the arrest of the native doctor, the auxiliary nurse, and the motorcyclist who transported them to the location. The woman, reportedly two months pregnant, sought the services of the two suspects who worked at a private hospital for the procedure.

The management of Dangote Industries Limited has reacted to reports of a fire incident at its refinery on Wednesday, saying the ‘minor fire’ occurred at its Effluent Treatment Plant (ETP) and has been swiftly contained. Anthony Chiejina, the Chief Corporate Communications Officer for Dangote Group, confirmed the development in a statement made available to Tribune Online. He assured the public that there was no cause for alarm as the refinery continued to operate normally and no injuries or harm was reported among the staff on duty. “We have swiftly contained a minor fire incident at our effluent treatment plant (ETP) today, Wednesday, 26th of June. There is no cause for alarm as the refinery is operating, and there is no recorded injury or body harm to all our staff on duty,” Chiejina stated.

The South Korea Gumi City Council has explained how their first administrative officer robot committed suicide. On Wednesday, the council said that the robot was found defunct after an apparent fall down a staircase, prompting local media to speculate about the country’s first case of robot suicide. The incident occurred last week when the robot was discovered unresponsive at the bottom of a two-meter (six-and-a-half foot) staircase. Made by Bear Robotics, a Californian startup known for their robot waiters, this particular robot worked from 9 am to 6 pm and had its own civil service officer card. Currently, the Gumi City Council has no plans to adopt a second robot officer, as confirmed to AFP.

A fire broke out in the Effluent Treatment Plant (ETP) section of the $20 billion Dangote Refinery and Petrochemicals this afternoon in Lagos. The Guardian reported that emergency services responded promptly to contain the blaze, as no casualties were reported. READ ALSO: Exit of multinationals from Nigeria shows failure in governance — Peter ObiA video clip shared on X (formerly Twitter) shows a section of the refinery under fire. Group Chief Branding and Communications Officer, Dangote Industries Limited, Anthony Chiejina confirmed to The Guardian that it was a minor incident that was contained at the time of filing this report. ” There is no cause for alarm as the refinery is operating and there is no recorded injury or body harm to all our staff on duty,” he said.

Fxview was presented with the prestigious award at a ceremony held in South Africa. Fxview, a multi-regulated forex and CFD brokerage owned by Finvasia Group, has been crowned “BEST ECN/STP BROKER AFRICA” at the Financial Achievements in Markets Excellency (FAME) Awards 2024, in recognition of its strong product offering in Africa, further solidifying its position as a leading player in the region. The company received the award on May 22, 2024 at a special ceremony held during the Finance Magnates Africa Summit (FMAS:24) at the Sandton Convention Centre, South Africa. It also highlights the trading conditions offered by the broker including institutional grade spreads and high-quality execution. All references to “Fxview” in this article refers to Finvasia Capital South Africa (Pty) Ltd. Finvasia Capital South Africa (Pty) Ltd is a company registered on 3rd Floor, 34 Whiteley Blvd,Melrose Arch, Birnam, 2196, with license number 50410 and regulated by the Financial Sector Conduct Authority.

After months of its successful run with consistently high ratings and positive feedback from viewers, GMA Network's primetime series "My Guardian Alien" nears its magical and exciting finale this Friday. Sana makabalik pa si Grace at manirahan sa Earth kasama sina Doy at Carlos at lumaki pa ang pamilya nila. Mami-miss ka namin Grace, Doy, Carlos, at sa lahat ng cast, maraming salamat. Will there be a happy ending for Grace, Carlos, and Doy? Don't miss the finale of "My Guardian Alien" this June 28 at 8:50 p.m. on GMA Prime.

While translating complex economic behaviours into mathematical models offers the promise of precision and objectivity, it can overlook the intricate realities of daily life. While comprehensive data analysis is undeniably crucial for informing sound economic policies, a solely “mathematical” approach can have limitations. The hardship this policy introduced was profound and widespread, plunging more people into poverty and distress—a reality that the economic models failed to predict or quantify. The quantitative data used to justify the subsidy removal did not capture the daily economic realities of the average Nigerian. The lesson from Nigeria’s subsidy removal highlights the need for a more holistic approach in economic policy-making.

The flooding which ensued yesterday as a result of the downpour was speculated to have drowned some lives in a popular residential estate in Abuja. “Actions designed to solve the problem are impeded by court orders at the expense of human lives. What value do we place on human lives as a nation? We hereby call on judges to consider safety of human lives when granting orders to retain inconsistent developments” he stated. Consequently, Abuja has now become a city with so many litigations on land matters, land use contraventions, flooding and informal settlement”.

President Bola Tinubu expressed sadness over the passing of the Deputy Comptroller in charge of revenue at the Nigeria Customs Service, Etop Essien. Deputy Comptroller Essien slumped and died shortly after showing signs of discomfort during a presentation before the National Assembly House Committee on Public Accounts on Tuesday. In a statement on Tuesday issued by his spokesman, Ajuri Ngelale, the President extended his heartfelt condolences to the family of the deceased and described his passing while on an official assignment as most distressing. Tinubu also commiserated with the Comptroller General of Customs, Mr. Bashir Adewale Adeniyi, as well as the officers, men, and women of the Nigeria Customs Service. The President prayed for the repose of the soul of the deceased officer and comfort for his family.

The 37-year-old smashed the second-highest score for India at the T20 World Cup. The Indian skipper fired eight sixes- the most by an Indian batter in a T20 World Cup innings. Get ready to catch the final stages of the World Cup only on Crickit. ALSO READ: Rohit Sharma dethrones Babar Azam with whirlwind 92 against Australia in T20 World Cup: Check full list of recordsJaw-dropping shots! Named Player of the Match for his batting masterclass, India skipper Rohit is also the all-time leading run-getter in T20Is.