Latest news: Top headlines for Thursday, May 16, 2024

Start Your Day Right with Topnaija’s Morning Roundup. Get the latest news headlines from Nigerian newspapers for Thursday, May 16, 2024, exclusively on www.topnaija.ng Stay informed with the latest in local and global news.

Organized Labour withdraws from minimum wage negotiations with FG

In a significant turn of events, Organized Labour announced its withdrawal from the ongoing minimum wage negotiations with the Federal Government on Wednesday.

This decision came after the Federal Government and the Organized Private Sector (OPS) tabled offers of N48,000 and N54,000 respectively, which the labour union deemed “ridiculous.” Read more here.

House of Representatives to probe presidential air fleet failures

The House of Representatives has taken a decisive step to investigate the recurring failures of the Presidential Air Fleet, leading to the reliance on chartered flights by the President and Vice President for official engagements.

The committee on National Security has been tasked with probing the reasons behind the fleet’s inability to perform optimally, which has raised concerns about the security and safety of the nation’s top leaders. Read more here

Naira finally shows positive signs against the U.S. dollar

The Nigerian Naira has finally shown signs of resilience by recording a notable appreciation against the US Dollar in the official foreign exchange market.

According to data from the Financial Markets Dealers Quotations (FMDQ), the Naira surged by N61.38 against the Dollar on Wednesday, marking a significant turnaround from recent downward trends. Read more here.

President Tinubu’s commissioning: Overview of critical gas infrastructure projects

President Bola Tinubu, marked a significant milestone in Nigeria’s energy sector with the commissioning of three critical gas infrastructure projects.

Here’s an overview: Read more here.

Google unveils AI upgrades at Google I/O developer conference

Google kicked off its annual Google I/O developer conference with a focus on AI advancements.

Google introduced upgrades to its core AI model Gemini, including Gemini 1.5 Pro, which can analyze longer documents, codebases, videos, and audio recordings. Read more here.

Thanks for joining us for the Topnaija Morning roundup! Stay informed latest news headlines and have a fantastic day. For more updates, visit www.topnaija.ng.