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Nigeria could lose out on $1.2 trillion in potential benefits from the global Artificial Intelligence (AI) economy by 2030 if it fails to adopt strategic policies and innovations, the Nigerian Communications Satellite Limited (NIGCOMSAT) has cautioned. NIGCOMSAT Managing Director, Nkechi Egerton-Idehen, sounded the warning in a statement issued after the 12th Regular Meeting of the…

Atsi Kefas, sister to Taraba State Governor Agbu Kefas, was accidentally shot by a police officer during an attack by gunmen on Thursday. The incident occurred along Kente Road in Wukari Local Government Area, where the governor’s mother, Jumai Kefas, and Atsi Kefas were traveling. Reports indicate that the gunmen ambushed the family’s convoy, prompting…

A review of the Katsina State audit report for the 2023 fiscal year has uncovered allegations of large-scale financial mismanagement by a former director of finance, Aliyu Abubakar. The report accuses Abubakar, who served at the Katsina State Independent Electoral Commission, of withdrawing ₦511.8 million in cash without providing value to the commission. Additionally, ₦34.4…

The Nigeria Export Promotion Council (NEPC) has expressed concern over the country’s continued expenditure of $480 million annually on the importation of three million tonnes of rice, calling the trend “unacceptable.” This revelation was made by NEPC Executive Director/Chief Executive Officer, Nonye Ayeni, during a one-day technical support workshop for rice farmers and processors held…

Renowned human rights lawyer, Femi Falana, SAN, has called on Mele Kyari, the Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), to clarify the alleged mismanagement of $2.9 billion allocated for the rehabilitation of Nigeria’s three major refineries. Falana expressed concern over the underperformance of the Port Harcourt refinery, which is currently processing…

The Labour Party has strongly condemned the defection of five of its House of Representatives members to the ruling All Progressives Congress (APC), describing their actions as a betrayal of democratic values and party loyalty. The party has called on the Speaker of the House, Tajudeen Abbas, to declare the defectors’ seats vacant in line…

The Central Bank of Nigeria (CBN) has clarified its stance on recent claims of forced staff resignations, asserting that its Early Exit Package (EEP) is entirely voluntary and without adverse consequences for eligible staff. This clarification was issued by the Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, who described the policy as long-standing…