The International Labour Organization (ILO) has raised concerns about the widening gap between labor and capital income, highlighting the challenges faced by young people in the job market. The ILO's World Employment and Social Outlook: September 2024 Update revealed that...
Woodhall Capital, a global investment and financial services firm, has been granted a finance house license by the Central Bank of Nigeria (CBN). With this license, Woodhall Capital will now be able to offer a range of financial services...
Stakeholders have called on the Federal Government to focus on prioritizing local investments to mitigate the issue of brain drain, which has led to a significant exodus of skilled talent from Nigeria. In separate interviews with The PUNCH, stakeholders argued...
George Asamani, Managing Director of the Project Management Institute, Sub-Saharan Africa, has emphasized the value of certifications in providing specialized expertise beyond the general knowledge offered by degrees. In a statement, he highlighted the importance of certifications in meeting...
The Federal Government, in partnership with Google, has announced the launch of the AI Fund, a N100 million initiative aimed at supporting Nigerian startups leveraging artificial intelligence (AI) to develop innovative solutions. The AI Fund is part of the Ministry...
Chinese tech giant Huawei has unveiled its latest smartphone, the Mate XT, which is billed as the world's first trifold phone. The launch comes just hours after US competitor Apple introduced its new iPhone, designed for artificial intelligence. The Mate...
The World Trade Organization (WTO) has underscored that open trade alone is insufficient to bridge the gap between wealthy and developing nations. The organization's 2024 report on global trade highlights the need for additional measures to assist poorer countries...
Netzence Sustainability Limited (Netzence) has reiterated its commitment to supporting Nigeria's efforts to achieve its Nationally Determined Contributions (NDCs) under the Paris Agreement. The company's innovative platform, CloseCarbon, is designed to monitor and quantify Nigeria's carbon emissions, providing valuable...
Key financial institutions in Nigeria, including the Nigeria Deposit Insurance Corporation (NDIC), the Central Bank of Nigeria (CBN), the Bank of Industry (BoI), the United Bank for Africa (UBA), Access Holdings Plc, and others, will gather at the 2024...
A nationwide strike by workers in the telecom sector has threatened to disrupt services across Nigeria. The Private Telecommunications and Communications Senior Staff Association (PTECSSAN) has embarked on the strike to demand better working conditions, union recognition, and the...