NewsReports

A World Bank report has indicated that Nigeria’s poverty level has taken a notch higher, at the backdrop of the recent economic and fiscal reforms. The key reforms include the removal of petrol subsidy and the foreign exchange market rate restructuring. The bank, however, commended the Federal Government for what it considered ‘bold reforms’ necessary to rescue Nigeria from fiscal cliff, …

He spelled out the goals the day he sent troops to Ukraine in February 2022. “De-Nazification” refers from Russia’s allegations that the Ukrainian government is heavily influenced by radical nationalist and neo-Nazi groups. The claim is derided by Ukraine and the West. Putin has also demanded that Ukraine remain neutral — and not join the NATO alliance. “There will be …

RAFAH, Gaza Strip — Israel has vowed to keep fighting in Gaza until it crushes Hamas after one of the deadliest single battles of the war for its soldiers, even as it faces mounting international calls for a cease-fire and unease on the part of its closest ally, the United States. The ambush in Gaza City showed Hamas is still able …

Artificial intelligence does not come with the options of “to be” or “not to be” in academia. If nothing, the intelligence that is included in the term makes it “a child of necessity” to intellectuals. To say artificial intelligence is not welcome for scholarly activities is like a farmer saying a tractor is not welcome on his farmland. Matter-of-factly, to …

Nearly half of the air-to-ground munitions that Israel has used in Gaza in its war with Hamas since October 7 have been unguided, otherwise known as “dumb bombs,” according to a new US intelligence assessment. The assessment, compiled by the Office of the Director of National Intelligence and described to CNN by three sources who have seen it, says that about 40-45% of the 29,000 air-to-ground …

Jarvis Johnson, a United States of America (USA) lawmaker, in the House of Representatives from the State of Texas, District 139, has called on Nigeria’s Supreme Court to order the unconditional release of the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, from his long detention. The Supreme Court is expected to deliver judgment in two separate appeals …

• Demolishes Assembly complex, moves against defecting lawmakers A fresh twist crept into the political tension in River States, yesterday, as no fewer than 10 bulldozers charged into the House of Assembly complex and reduced the imposing structures to rubbles. A statement by the Commissioner for Information and Communications, Joseph Johnson, said the decision to demolish and rebuild the complex was …

• Say decision a gradual migration to autonomy The Federal Government, yesterday, exempted universities, polytechnics, colleges of education and other tertiary institutions from the Integrated Payroll and Personnel Information System (IPPIS). It said, henceforth, remunerations to staff members of these institutions would no longer flow through the platform. Minister of the Information and National Orientation, Mohammed Idris, disclosed this to …

The Nigeria National Petroleum Corporation Limited is not transparent about the financial gains from fuel subsidy removal, the World Bank has disclosed. President of the World Bank, Ajay Banga. This extends to subsidy arrears that are still being deducted and the impact of subsidy removal on federation revenues, the bank noted. The Washington-based made this call in its Nigeria Development …

The Central Bank of Nigeria (CBN) has again reassured members of the public that it is addressing the reported cases of cash scarcity in some major cities across the country. It attributed the current situation to the hoarding of the Naira by some persons due to challenges experienced during the naira redesign project. The Bank’s Acting Director in charge of …