Nigeria’s total public debt is now ₦121.67 trillion ($91.46 billion), the Debt Management Office (DMO) said Thursday. The DMO said as of March 31, 2024, the country’s domestic and external debts stood at ₦121.67 trillion ($91.46 billion) adding that the debt rose by ₦24.33 trillion within three months from ₦97.34 trillion ($108.23 billion) in December […]
Read MoreArtificial intelligence (AI) is poised to help bring online the 2.6 billion people still not connected to the Internet, according to The State of Broadband 2024 from the Broadband Commission for Sustainable Development. The Broadband Commission released the first part of the report today at its virtual Spring Meeting, which brought together government leaders and heads of international […]
Read MoreThe Lagos State Government has signed a Memorandum of Understanding with Interswitch eClat to develop and operate the Lagos Smart Health Information Platform. According to the Government hopes the public-private cooperation will enhance healthcare operations and the Nigerian healthcare sector, which is underfunded. Speaking at the signing, Lagos State, Babajide Olusola Sanwoolu, said: “The signing […]
Read MoreThe average price of Premium Motor Spirit (PMS), also known as petrol, shot up by 223.21 per cent to approximately ₦770 per litre in May 2024 from ₦238.11 per litre recorded in the corresponding period of 2023, according to data from the National Bureau of Statistics (NBS). The statistics bureau disclosed this in its report, […]
Read MoreNigeria is stepping up to the plate in 2025, joining Ghana as the only African nations competing in the prestigious Scripps National Spelling Bee, an iconic U.S. event that tests students’ spelling and vocabulary prowess. For nearly 20 years, Ghana has been the sole African representative at the Bee but through the efforts of […]
Read MoreNvidia edged ahead of other tech companies Tuesday to become the world’s most valuable publicly traded company in the latest sign of the might of artificial intelligence. The chip company, which has enjoyed a monumental ascent over the last 18 months amid enthusiasm over generative AI, jumped 3.4 percent near 1:25 pm (1725 GMT), giving […]
Read MoreSeplat Energy Plc, indigenous energy company, has concluded the first phase of its training programme for journalists and media practitioners in Nigeria. The first phase of the programme covers thirty-seven (37) energy and judiciary correspondents cum editors. The Seplat Energy media training programme, which was organised in partnership with Channels Academy, is targeted at building […]
Read MoreThe Lagos state government has authorised $671,000 (1 billion Naira) in initial funding for startups at the Lagos State Science, Research, and Innovation Council (LASRIC). The Lagos State Governor, Babajide Sanwo-Olu, announced this at the LASRIC opening last week as part of his administration’s plan to develop Lagos into a technology and innovation hub. Governor […]
Read MoreA new partnership between Sabi, the $1 billion GMV B2B e-commerce platform, and Nigerian agricultural companies Nectar Fresh Limited and Meadow Foods, has been established with the support of the Nigerian government to address the ongoing supply chain and development challenges in Nigeria’s agricultural sector. The Oyo State Aggregation initiative aims to create a reliable […]
Read MoreAMA PRESS RELEASE Despite global challenges such as geopolitical tensions, widespread economic concerns, and emerging virtual mobility trends from the past several years, moving abroad for work remains a dream for many workers around the world, with 23% of global and 64% of Nigerian and 74% of Ghanaian professionals actively seeking jobs in other countries. […]
Read More
