eTranzact to Host AI Readiness Roundtable For SMEs

eTranzact International Plc says its transformative journey to prepare Nigerian SMEs for the Artificial Intelligence (AI) revolution will continue with the fourth edition of its AI Readiness Roundtable. Mr Niyi Toluwalope, Managing Director/CEO of eTranzact, in a statement on Tuesday reaffirmed the firm’s commitment to driving an all-inclusive economy in …

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Telecom: Why We Increased Tariff Hike By 50% – Minister

THE Minister of Communication, Innovation and Digital Economy, Bosun Tijani, has stated that inflation and rising operation cost should be blamed for the 50% increase in tariff by telecommunication companies. He argued that the increment is in tandem with broader economic patterns, adding that the Federal Government plans on investing …

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NLC Demands Resignation Of Power Minister, Adebayo Adelabu

The Nigeria Labour Congress (NLC) has called for the resignation of the Minister of Power, Adebayo Adelabu, for alleged gross incompetence in managing the sector. The National President of NLC, Joe Ajaero, decried that under Adelabu, the national grid has continued to fail, pushing Nigeria to darkness and worsening the country’s electricity crisis. …

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Ex-Labour Party Chairman Denies Sponsoring IPOB Activities

A former acting chairman of the Labour Party in Abia State, Kelechi Madugba, has dismissed allegations linking him to the sponsorship of the Indigenous Peoples of Biafra (IPOB), describing the claims as untrue and baseless. In a statement made available to Punch in Umuahia, Madugba refuted the petition and publication, accusing him …

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Nigeria’s Public Debt Hits ₦142.3 Trillion Amid Naira Depreciation

Nigeria’s total public debt rose to ₦142.3 trillion as of September 30, 2024, reflecting a 5.97 percent increase from ₦134.3 trillion in June, according to data from the Debt Management Office (DMO). Naija News understands that the surge in public debt, driven by both external and domestic obligations, underscores the significant impact of …

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Bomb Explosion Kills Joint Taskforce Leader In Borno

A bomb explosion on Tuesday evening claimed the life of the vice chairman of the Kawuri unit of the Civilian Joint Taskforce (CJTF), Abba Godori, in Kawuri, Konduga Local Government Area of Borno State. Eyewitnesses, who spoke with Punch, reported that Godori stepped on the explosive device during a routine …

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NAFDAC Seals Warehouse in Kaduna Over Expired Products Worth N75m

  THE National Agency for Food and Drug Administration and Control (NAFDAC) has uncovered and sealed off a warehouse in Kaduna for housing expired food and cosmetic products valued at N75 million. The warehouse, Amanat.com, is located at PP2A Bayajidda Street, near Kano Road and New Ogbomosho Road, in Kaduna …

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Tax Reform Bill: TUC Demands VAT Rate At 7.5%

THE Trade Union Congress has advocated that the Value Added Tax rate remains at 7.5 per cent as any increase will place additional financial burden on Nigerians. Mr Festus Osifo, TUC President said this in a statement on Tuesday in Abuja. According to him, many Nigerians are already struggling with …

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