NITDA, IMPR Spotlight AI as Driver of Nigeria’s Digital Future at Economic Confidential Lecture Artificial Intelligence (AI) and digital innovation are set to power Nigeria’s next phase of inclusive prosperity, according to Kashifu Inuwa, Director-General of the National Information Technology Development Agency (NITDA). Delivering the keynote...

Osun Takes FG to Supreme Court over LG Funds Seizure The Government of Osun State has filed a suit at the Supreme Court of Nigeria against the Attorney General of the Federation (AGF) over the alleged unlawful withholding of statutory allocations meant for its 30...

Investors Gain N203bn as Stocks Extend Rally The Nigerian Exchange extended its bullish momentum on Tuesday as investors gained N203bn, pushing the market capitalisation to N89.7tn at the close of trading. The benchmark All-Share Index rose by 321.59 points, or 0.23 per cent, to settle at...

FG Issues N136bn in Medium-term Bonds The Federal Government of Nigeria has successfully allotted a total of N136bn in its recently concluded five- and seven-year bond auctions, with marginal rates of 17.945 per cent and 18 per cent, respectively. According to the offer document on its...

CBN Orders Banks to Complete Payment System Upgrade by Oct. 31 The Central Bank of Nigeria has issued a fresh directive mandating all participants in the country’s payment ecosystem to complete migration to the ISO 20022 messaging standard and implement mandatory geo-tagging of payment terminals...

NAFDAC Receives ₦3.7bn Expired Drugs from Customs The Nigeria Customs Service, Federal Operations Unit Zone A, Ikeja, on Tuesday, handed over three trucks of expired pharmaceuticals worth N3.7bn to the National Agency for Food and Drug Administration and Control. This was contained in a statement by...