By FIDELUS ZWANSON THE Standards Organisation of Nigeria (SON) says fraud costs the global economy over $4.7 trillion annually, nearly seven per cent of organisations’ revenues worldwide. Speaking at the launch of ISO 37003:2025, the first international fraud control standard, SON committee chair Prof. Oserheimen Osunbor said fraud persists despite internal controls and regulations, fuelled […]
By ABDUL AHMED (A.A.) RUFUS The Presidency has said ongoing road and rail projects in Northern Nigeria will unlock trade opportunities and boost the regional economy. Presidential aide Abdulaziz Abdulaziz listed the Abuja–Kaduna–Kano Expressway, Sokoto–Badagry Highway, and Kano–Katsina–Maradi rail line as key projects that will open trade routes, ease movement of goods, and create jobs. […]
By MELVIN KOFFA THE Pension Transitional Arrangement Directorate (PTAD) has begun implementing new pension increments for retirees under the Defined Benefit Scheme (DBS), following the partial release of ₦20.18 billion by the Federal Government. The adjustment includes a flat ₦32,000 increase and percentage raises of 10.66% and 12.95%, effective from the September 2025 payroll. PTAD […]
By TOSI ORE THE dream of ending infertility took a remarkable leap forward this week. For the first time, scientists have transformed ordinary human skin cells into eggs, fertilised them with sperm, and watched them develop into embryos in the lab. Though far from ready for clinical use, this breakthrough could redefine the boundaries of […]
By TOSI ORE ARTIFICIAL intelligence is increasingly running vital U.S. systems—from power grids to hospitals—but its growth also raises risks of cyberattacks and data breaches, according to new research led by Adetomiwa Adesokan, a doctoral scholar at the University of Nevada, Reno. In a peer-reviewed study published in the Engineering Science & Technology Journal, Adesokan […]
By SANI BATURE GOVERNOR Abdullahi Sule of Nasarawa has told Northern governors to take responsibility for insecurity, stressing that record federal allocations leave no room for excuses. Speaking at the 2025 Northern Nigeria Investment and Industrialisation Summit in Abuja, Sule said monthly revenue to the three tiers of government has quadrupled under President Bola Tinubu’s […]
By ABDUL AHMED (A.A.) RUFUS NIGERIA will host the 2025 Youth Creative Conference (YCC) from 22–23 October at the ECOWAS Headquarters in Abuja, bringing together over 1,000 young leaders from Africa and the diaspora. Organised with the African Union, the conference themed “Silencing the Guns: Pathway for Peacebuilding in Africa” will focus on youth-driven peacebuilding, […]
By MELVIN KOFFA THE Nigerian Institute of Chartered Arbitrators (NICArb) has urged a shift toward data-driven institutional arbitration, warning that Nigeria’s reliance on ad-hoc dispute resolution undermines credibility and discourages investment. Registrar/CEO Shola John-Oshodi said the absence of reliable records prevents Nigeria from showcasing its arbitration capacity, unlike international bodies that publish case data. She […]
By AUGUSTUS ISICHEI AS the Africa Cup of Nations (AFCON) 2025 approaches (21st December – 18th January in Morocco), the continent is bracing for a festival of football, a theatre where giants rise, underdogs bite, and dreams are either cemented in glory or broken in heartbreak. But amid the anticipation, the question remains: who truly […]
By NINI NDUONOFIT-AKOH THE Nigerian Independent System Operator (NISO) says industrial action in the gas supply chain on 28 September slashed power generation by over 1,100MW, dropping national output from 4,300MW to about 3,200MW at its lowest. In a statement Tuesday, NISO said the disruption caused widespread gas shortages and pressured the grid, but emergency […]