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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 […]

The International Telecommunications Union (ITU) has awarded Nigeria a 71% score for its comparative legal, policy, and governance frameworks towards achieving G5, an advanced state of readiness for digital transformation. This evaluation was detailed in a report created in collaboration with the United Kingdom’s Foreign, Commonwealth & Development Office (FCDO), and unveiled by Nigeria’s Minister […]

The Central Bank of Nigeria (CBN) Monetary Policy Committee has raised the interest rate by 50 basis points, from 26.25% to 26.75%. This decision was announced by the Governor of the CBN, Mr. Olayemi Cardoso, at the end of the apex bank’s 296th MPC meeting held in Abuja. Key Monetary Policy Adjustments In addition to […]

To further showcase its acknowledgment and endorsement of the Nigerian-born, Africa-wide technology distribution company, TD Africa, a delegation of Robert Bosch GmbH, popularly known as BOSCH, has paid a courtesy visit to the tech distribution giant at its Victoria Island, Lagos, head office. This pivotal visit marks a renewed commitment of the German multinational engineering and […]

By Solomon Odeniyi Operatives of the Federal Capital Territory Police Command have arrested one Hashiru Baku, the mastermind behind the murder of the late Brigadier General Harold Udokwere. Udokwere, who was the national chairman of the Retired Members of the Nigerian Armed Forces, was murdered by armed robbers who invaded his residence on June 22, 2024, […]

Okechukwu Nnodim, Dirisu Yakubu and Dare Olawin •NNPC mum as dealers insist government still paying subsidy, Reps probe crude shortage •Dangote eyes foreign markets for refinery products, FG meets Kyari, Dangote over dispute With a landing cost of N1,117 per litre for Premium Motor Spirit, popularly called petrol, the monthly subsidy on the commodity has […]

Oluwakemi Abimbola and Henry Falaiye The Federal Government is set to collect over N425bn from seven banks as a one-time windfall tax on their foreign currency revaluation gains for the 2023 financial year. On Wednesday, the Senate approved President Bola Tinubu’s request to amend the Finance Act to impose a one-time windfall tax on banks’ […]