Author: admin

World Bank Urges FG to Ease Private Sector Constraints   The World Bank has called on the Federal Government to tackle major obstacles stifling private sector growth in Nigeria. By implementing reforms in crucial sectors, the country could unlock billions of dollars in investments and create thousands of job opportunities…Read More

Read More

NEITI Reveals Oil and Gas Industry’s $6.1bn Debt to FG   The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the oil and gas industry owes the federal government a whopping $6.1 billion in outstanding liabilities as of August 2024. These are made up of outstanding royalties…Read More

Read More

The Ondo South representative in the Senate, Jimoh Ibrahim, has revealed plans by President Bola Tinubu to tackle insecurity with the use of artificial intelligence, AI, by 2025. Ibrahim, who is the chairman of the Senate Committee on Inter-Parliamentary Affairs, said this in an interview with Channels Television on Wednesday. He made this statement while referring to the allocation of N4.91 trillion to defence and security in Tinubu’s budget proposal. He described the coming year as a tough one for criminals, saying that the president plans to develop apps to track down bandits, kidnappers, and terrorists. “He will use AI…

Read More

Again, Naira Records Gain Against Dollar at Black Market The Naira has appreciated further against the Dollar at the parallel foreign exchange market. ‎This comes as the Naira recorded the biggest gain against the dollar at the black market on Friday on a week-on-week basis. ‎A Bureau de Change Operator in Wuse Zone…Read More

Read More