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RESEARCHERS: ARE WE ON THE CUSP OF AN ‘AI WINTER’?

The last decade was a big one for artificial intelligence but researchers in the field believe that the industry is about to enter a new phase. Hype surrounding AI has peaked and troughed over [...]

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BAUCHI STATE GOVERNMENT INTRODUCES DIGITAL ATTENDANCE TO ROOT OUT GHOST TEACHERS

The Bauchi State Commissioner of Education, Dr Aliyu Tilde, recently announced the state government’s introduction of fingerprint devices to replace attendance registry booklets in a bid to track [...]

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OIL MARKETERS WANT PETROL EXEMPTED FROM POS CHARGE

Oil marketers under the aegis of the Major Marketers Association of Nigeria have said it will be unfair for petrol dealers to be asked to pay N50 for transactions done on Point-of-Sale machines. [...]

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FG DEVELOPS 139 PPP PROJECTS, SEEKS INVESTORS

The Federal Government, through the Infrastructure Concession Regulatory Commission, has developed about 139 Public Private Partnership projects to be implemented by various agencies of [...]

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NIGERIA’S DECEMBER OIL OUTPUT DROP, BIGGEST IN OPEC

Nigeria, Africa’s top oil producer, recorded the largest production drop of 80,000 barrels per day in the Organisation of Petroleum Exporting Countries last month. The country exported less crude [...]

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LAGOS PLANS TAX EXPANSION TO FUND N1.17TN BUDGET

The Lagos State Government says it plans to increase its monthly Internally Generated Revenue to fund the 2020 budget. The Commissioner for Economic Planning and Budget, Sam Egube, said this on [...]

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STOCK INVESTORS GAIN N720BN IN EIGHT DAYS

Equity investors have counted gains totalling N720bn as the stock market extended its gaining streak to the eighth consecutive day. The market capitalisation of equities rose to N13.316tn at the [...]

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STOCK MARKET GAINS N241BN IN THREE DAYS

The nation’s stock market gained N241bn in the first three trading daysof the year. The market, which recorded gains in six consecutive days, maintained its gaining streak into the new year as [...]

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TBILLS INTEREST RATES DROP TO ONE-YEAR LOW

The interest rates of treasury bills dropped to a 12-month low level of 3.5 per cent at the Primary Market Auction, which took place on Thursday the 2nd of January, 2019. The rates drew closer to [...]

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OIL RISES ABOVE $70 AMID US, IRAN FACE-OFF

Oil prices surpassed $70 per barrel on Monday for the first time in more than three months as the United States warned of increased threats to energy facilities in the Middle East after the [...]

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