The Director General, Manufacturers Association of Nigeria, Segun Ajayi-Kadir, has warned that the latest interest rate hike threatens the survival of the manufacturing sector. He emphasised that the continued increase in the cost of borrowing will escalate production costs, stifle investments, and reduce the sector’s competitiveness, ultimately leading to job losses and economic downturn if […]

Tech expert,  Adesokan Ayodeji, has highlighted the transformative potential of Artificial Intelligence in revolutionising Nigeria’s agricultural sector. He said AI technologies, including machine learning and predictive analytics, are set to enhance crop yields, optimise resource use, and improve supply chain efficiency. According to a statement made available to PUNCH Online on Wednesday, Ayodeji said these […]

The Nigerian Immigration Service says it has suspended one of its officers serving at the Murtala Muhammad International Airport, Akomolafe Michael, for multiple charges of alleged drug trafficking. The Service Public Relations Officer, Kenneth Udo, revealed this in a statement on Wednesday titled, ‘Nigeria immigration service places officer on suspension over drug charges, awaits court judgement for further […]

Customs reaffirm commitment to national security 25th July 2024 Customs reaffirm commitment to national security By Makua Ubanagu Assistant Comptroller General of Customs, Zonal Coordinator of Zone A, Saidu Yusuf, has emphasised the critical role of thorough cargo examination at Tincan Island Port in safeguarding national security. During a recent visit to the command, ACG Yusuf […]

The Corporate Affairs Commission (CAC) has given over 91,000 dormant companies a 90-day grace period to file all their outstanding annual returns or risk being delisted from its register. Details of the Announcement The affected companies are those that have not filed annual returns for a period of ten years. This was disclosed by the […]

President Bola Tinubu has signed into law the North-West Development Commission (Establishment) Bill of 2024 and the South-East Development Commission (Establishment) Bill of 2023. This was announced in a statement released on Wednesday by Ajuri Ngelale, Senior Special Adviser to the President on Media and Publicity. Objective of the Bills According to the statement, these […]

The Federal Government of Nigeria has disbursed over N438 billion to 34 states and the Federal Capital Territory (FCT) under the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) Programme. This announcement was made by Malam Suleiman Odapu, the Information and Communication Officer of the Federal CARES Support Unit (FCSU), in a press statement. […]

The Federal Government of Nigeria has launched a significant initiative to train 1,000 Nigerians annually in artificial intelligence, blockchain, and other cutting-edge technologies. This initiative is part of Nigeria’s strategy for digital transformation and leadership in Africa. Vice President Senator Kashim Shettima inaugurated the AI Expertise Blockchain and Technology Training and Outsourcing Initiative on Tuesday […]

Tech giant Google continues to integrate AI into its services, launching a series of advanced features for its Play Store to encourage users to explore and engage with content beyond just downloading apps. According to the company, this approach aims to enhance user experience on the Play Store through advanced AI technology. By offering more […]

The Nigerian startup, Awarri, selected to build the country’s first AI, has engaged over 500 fellows from the federal government’s 3 Million Technical Talent (3MTT) program as data collectors in the development of a Large Language Multilingual Model. This initiative was disclosed by the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, on […]