Meta has launched the Llama 3.1 Impact Grants, as part of its goals to support innovative use cases of open-source AI to address global challenges. Building on the success of previous grant programs, the Llama 3.1 Impact Grants will provide up to $2 million in funding to organisations worldwide. The Llama 3.1 Impact Grants program invites proposals from […]
The Minister of Information and National Orientation, Mohammed Idris, explained on Wednesday why the Federal Government opposed planned protests over prevailing economic realities in Nigeria. He said while Nigerians have the constitutionally guaranteed right to protest, the government was aware some people were planning to hijack the demonstration to cause trouble. Idris, who stated this […]
The House of Representatives has promised to intervene in the electricity bill hike and disconnection of the University of Jos from the main power supply. The Jos Electricity Distribution Company, in its reclassification of electricity consumers, classified the university under its Band A distribution. The development resulted in high bills, leading to the disconnection of […]
The Federal Mortgage Bank of Nigeria has refunded N12bn out of the outstanding N19bn wrongful deductions of the National Housing Fund contributors. The deductions were misconstrued as revenue under the 40 per cent deduction regime of revenue accruing to federal agencies. The Managing Director/Chief Executive, of FMBN, Mr. Shehu Osidi, disclosed this at the […]
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 […]
