AI stress testing urged to protect Nigerian banks from financial shocks
By Nkiru Oji Oyindamola Ogunruku, a U.S.-based financial risk expert, has urged Nigerian financial regulators and institutions to urgently adopt Artificial Intelligence (AI)-driven stress testing models to safeguard the economy against unexpected market shocks. Ogunruku advised financial analysts, bank auditors, and fintech stakeholders on the role of intelligent modelling in market risk management. “The complexity […]
Subsidy removal: Tackle fraudulent regime in fuel pricing, CISLAC tells Tinubu
Executive Director of Civil Society Legislative Advocacy Centre (CISLAC), Mr Auwal Musa Rafsanjani on Thursday disclosed that Nigerian National Petroleum Corporation Limited (NNPCL) has no absolute power to be fixing pump prices of petroleum products in Nigeria without dialogue and having the interests of the poor Nigerians.
Fuel price: Gov Yusuf begs marketers to maintain status quo
By Bashir Bello Kano State Governor, Abba Kabir Yusuf, Thursday, appealed to petroleum marketers to return to the old price for Petroleum Motor Spirit, PMS, in order to lessen the current hardship experienced by the general public. The Governor who made the appeal in a statement by his Chief Press Secretary, Sanusi Bature Dawakin-Tofa said […]
No plan to strike over fuel subsidy removal – NLC
The Nigeria Labour Congress, NLC, has said that it has no plan to embark on strike on Friday over the withdrawal of fuel subsidy. Mr Benson Upah, Head of Information and Public Affairs at the NLC made the declaration on Thursday in Abuja. Upah urged members of the public to disregard stories in the rumour mill […]
Clashes in Senegal over two-year jail term of opposition leader
Violence erupted in Senegal’s capital Dakar on Thursday after a court sentenced firebrand opposition leader Ousmane Sonko to two years’ jail for “corrupting youth,” a move that darkens his hopes of contesting presidential elections next year. Sonko, President Macky Sall’s fiercest opponent, was absent when the judgment was handed down. He also did not attend […]
‘I keep refreshing my email,’ Hilda Baci anticipates response from GWR
Record-breaking Nigerian chef, Hilda Baci, has revealed that she keeps refreshing her email in anticipation of confirmation from Guinness World Records.
