Governance professionals urge multi-stakeholder compact on AI adoption

By Rukayat Moisemhe Governance professionals on Thursday advocated a multi-stakeholder compact to guide Nigeria’s adoption of Artificial Intelligence (AI). They warned that without a coordinated action, Nigeria could be left behind in the global AI evolution. The professionals said this at the 49th Annual Conference of the Institute of CharteredContinue Reading

ACCI seeks actionable solutions to strengthen railway system

By Vivian Emoni The Abuja Chamber of Commerce and Industry (ACCI) has urged stakeholders in the transportation sector to demonstrate greater commitment toward actionable solutions to strengthen Africa’s railway systems and enhance continental connectivity. Chief Emeka Obegolu, President of ACCI, made the call at the opening of the 2nd AbujaContinue Reading

Do not sensationalise Nigeria’s debt situation, DMO cautions media

By Kadiri Abdulrahman The Debt Management Office (DMO) has advised the Nigerian media to stop sensationalising the debt situation and always endeavour to get accurate information on the country’s debt profile before reporting. The DMO gave the advice in a statement in Abuja, against the backdrop of misleading media reportsContinue Reading

BPP, NHIA partner on transparency, service delivery

By Lucy Ogalue The Bureau of Public Procurement (BPP) and the National Health Insurance Authority (NHIA) have agreed to strengthen collaboration to promote transparency, accountability and improved healthcare service delivery. The Director-General of BPP, Dr Adebowale Adedokun, said this in a statement on Saturday in Abuja. According to the statement,Continue Reading

Dangote sponsors 2025 Abuja Trade Fair, stimulates Intra-African partnership

Dangote Industries Limited is sponsoring the 2025 Abuja International Trade Fair (AITF) which officially opens on Sept. 25, the company said in a statement. “Dangote Group is proud to announce its strategic partnership with the Abuja Chamber of Commerce and Industry (ACCI), organisers of the 2025 Abuja International Trade Fair.Continue Reading

Customers’ satisfaction: First Bank expands payment systems innovation, processes

By Ginika Okoye First Bank of Nigeria Plc says the bank is going through tremendous innovations in its payment platforms and processes to ensure customers’ satisfaction. Mr Olusegun Alebiosu, the Chief Executive Officer (CEO) of the bank, said this on the sidelines of the 18th Chartered Institute of Bankers ofContinue Reading

Wuse Market leader cautions traders against arbitrary price hikes

By Lucy Ogalue The Chairman of the Wuse Market Traders Association, Mr Okorie Ikechukwu-Raphael, has cautioned traders against arbitrary inflation of prices, warning that excessive profiteering is worsening hardship for Nigerians. Ikechukwu-Raphael stated this while interacting with newsmen on Friday in Abuja. The chairman, who said government reforms were beginningContinue Reading

Africa’s transition states need 0bn for transformation – AfDB

By Lucy Ogalue The African Development Bank (AfDB) says Africa’s transition states will require 210 billion dollars annually to achieve sustainable structural economic transformation. Dr Abdul Kamara, Director-General, Nigeria Country Department of the AfDB, said this during a policy dialogue session at the ongoing Nigerian Economic Society (NES) Conference inContinue Reading

Crude oil losses drop to 16-year-low – NUPRC

Turnaround By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s upstream oil sector is experiencing a significant turnaround. It said Crude oil losses from theft and metering issues had fallen to their lowest levels in nearly 16 years. According to the Commission, daily losses in JulyContinue Reading