The International Monetary Fund (IMF) and the World Bank have warned that artificial intelligence (AI) could worsen the jobs crisis in Nigeria and other developing economies unless governments and businesses take urgent steps to prepare workers and deploy the technology to create employment.

…Welcomes FG’s stabilisation plan, seeks lower energy, logistics costs By Yinka Kolawole The Lagos Chamber of Commerce and Industry (LCCI) has proposed a six-month petrol price reduction programme targeting a 15 to 20 per cent cut in pump prices to ease the burden of high energy and transportation costs on Nigerian businesses and households. In […]

A fresh Houthi strike hit Riyadh’s international airport on Sunday, killing one person and wounding 11 others, a day after another deadly attack claimed by the Yemeni group forced authorities to suspend operations there.

By Muhammad Inuwa, Dutse The African Democratic Congress (ADC) has accused President Bola Tinubu’s administration of worsening economic hardship in Nigeria, saying its policies have placed an enormous burden on ordinary citizens. The Jigawa State governorship candidate of the party, Sabo Muhammad Nakudu, stated this in a post on his official Facebook page on Sunday. […]

By Yinka Kolawole A former Director-General of the United Nations Industrial Development Organisation (UNIDO), Dr Kandeh Yumkella, has said Nigeria has the essential foundations to become Africa’s industrial powerhouse but must translate its huge market, natural resources and entrepreneurial capacity into competitive production and exports. Yumkella, who identified Nigeria’s financial depth and strategic position within […]