First Edition of the Tastemakers Wine Series Hosted by Vendease

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Technology

Xiaomi Unveils CyberOne — Humanoid Robot Exploring Frontiers of Connected Living

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August 19, 2022
CyberOne, Xiaomi’s first humanoid robot, debuted at the company’s new product launch event in Beijing on August 11, alongside other innovative products. As the newest member of Xiaomi’s Cyber series, joining last year’s quadruped robot Cyberdog, CyberOne is fitted with advanced arms and legs, supports bipedal-motion posture balancing, and reaches a peak torque of up to 300Nm. Also…
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Agriculture

Heifer International spends $1b to support agric in Africa

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August 18, 2022
An agribusiness giant, Heifer International, has spent $1 billion to increase investments in agricultural capacity and resilience across Africa, its Country Manager, Yusuf Idris has said. He made this known yesterday in Lagos during the launch of its Africa Tech Challenge christened AYuTe Africa Challenge. AYuTe Africa Challenge, an agritech contest for young entrepreneurs run by Heifer…
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Energy

We didn’t employ consultant says IPMAN

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August 18, 2022
The Independent Petroleum Marketers Association of Nigeria (IPMAN) yesterday denied  the engagement of a consultant to collect money at loading depots and highways. Its President, Alhaji Debo Ahmed, issued the rejoinder in Abuja. He noted that the statement has placed…
Agriculture

Ministry denies spending N18.9b on bush clearing

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August 18, 2022
The Federal Ministry of Agriculture and Rural Development has refuted claims that it spent N18.9billion on bush clearing during the COVID-19 lockdown in 2020. The ministry in a statement by its Director of Information, Dr. Joel O. Oruche, noted that the statement, which emanated from the House Public Account Committee, must have been quoted out of context. According to the statement, the Ministry…
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Banking

States get N472bn World Bank-assisted fund

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August 18, 2022
The Federal Government, on Wednesday, revealed that states had received N471.9bn of the $1.5bn World Bank-assisted States Fiscal Transparency, Accountability and Sustainability Programme for Results. The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed…
Banking

Mobile transactions rise by N8.9tn in three years

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August 18, 2022
Mobile transactions have risen by N8.981 trillion between the first seven months of 2019 and the corresponding period of 2022. They have risen from N289.12bn to N9.27tn, according to data from the Nigeria Interbank Settlement System. This is as the value of cheque transactions fell by 31.42 per cent, from N2.67tn in January to July 2019 to N1.83tn in the corresponding period of 2022. The growth in…
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