NITDA According to the National Information Technology Development Agency (NITDA), Nigeria will be hosting the Gulf Information Technology Exhibition (GITEX) in 2025. Mrs Hadiza Umar, Head,Corporate Affairs and External Relations of NITDA, made the announcement in a statement in Abuja on friday. Umar said that the Director-General of NITDA, Malam Kashifu Inuwa, and Ms Trixie

CBN Headquarters National Assembly Suspends Amendment of CBN Act The National Assembly Committee on Banking, Insurance and other Financial Institutions has decided to pause the amendment process for the bill titled “An Act to Amend the Central Bank of Nigeria Act No. 7 of 2007.” This decision was made to allow for more consultations amid

Crude Oil Theft By Abdulsalam Mahmud, The fight against the smuggling of petroleum products out of the country is about taking a new dimension; one which the Nigeria Customs Service, NCS, will spearhead warts and all. Statutorily a law enforcement focusing on revenue generation, the NCS has joined the combat fray, with full readiness to

The Minister of Works, David Umahi FG Allocates N7.13bn for Compensation on Lagos-Calabar Coastal Highway The Minister of Works, Engr David Umahi, announced yesterday that the federal government has allocated N7.13 billion for compensation to those affected by the ongoing demolitions for the Lagos-Calabar Coastal Highway project. This sum is in addition to the N2.7

Kimberly-Clark, manufacturer of the popular Huggies diapers, is reportedly finalising plans to close its $100 million production facility in Ikorodu, Lagos. According to an anonymous source cited by Nairametics, the plant has been grappling with severe production shortages from late 2023 into 2024. The insider blamed the unfortunately development on high costs of energy and

Nigerian DisCos Outstanding Bill: DisCos Threaten to Disconnect Customers, Gives Deadline The Electricity Distribution Company (AEDC), has threatened to disconnect customers who fail to pay their outstanding bills, latest by June 3, 2024. The threat is contained in a statement issued by the company on Friday. According to the statement signed by the Acting Managing

Last updated: 5 hours ago This performance, featuring dancers from Brussels, Paris, and Senegal, is part of the Art 2gether festival by Europalia, celebrating the end of Belgium's Presidency of the European Council. After a month of rehearsals, the dancers showcased movements inspired by hip-hop, break dance, and Afro-influenced styles. Meanwhile, in Yare, Venezuela, hundreds

AFRICAN DEVELOPMENT BANK Africa Needs $402.2bn Annually for Structural Development – AfDB The President of the African Development Bank (AfDB), Akinwumi Adesina, says Africa needs to close a financing gap of about $402.2 billion annually to fast-track its structural transformation by 2030. Adesina spoke during the presentation of the 2024 African Economic Outlook (AEO) report

Nairobi — Kenya Motor Sports Federation (KMSF) has confirmed its Sporting Commissions for 2024 in historic appointments that will see nine women serve in various commissions. Tuta Mionki, who recently became Kenya's first woman to serve as FIA chairperson of stewards during the ARC Pearl of Africa Uganda Rally in Jinja, will sit in the

Addis Abeba — The Council of Ministers has endorsed a proposed proclamation that would establish a path for formerly outlawed organizations to re-register as legitimate political parties. Subject to approval by the House of Peoples' Representatives, the amendment could pave the way for the re-registration of proscribed parties, such as the Tigray People's Liberation Front

Nairobi — The National Olympics Committee of Kenya (NOCK) has petitioned the National Assembly Committee on Sports to push for increased allowances for Team Kenya ahead of the Olympics to be held in Paris, France. NOCK officials led by their president Paul Tergat told the Sports and Culture Committee that the current allowances are too

Tunis — The two earth tremors recorded late on Thursday in Bizerte and Sousse are considered "normal" seismic activity, Head of the Applied Geophysics Department at the National Institute of Meteorology (INM) Hassan Hamdi said. These tremors are caused by the movement of tectonic plates, he told TAP. Hamdi explained that this phenomenon is the