In the ever-evolving landscape of technology, the digital economy continues to shape the way we work, interact, and conduct business. As we look ahead to the coming years, several key trends emerge that will undoubtedly influence the trajectory of the digital economy. Gig economy and remote work: The COVID-19 pandemic accelerated the shift towards remote work and the gig economy, with many businesses embracing flexible work arrangements. In conclusion, the future of the digital economy is full of promise and potential, driven by technological innovation, shifting consumer preferences, and evolving regulatory landscapes. By staying abreast of these trends and embracing digital transformation, businesses can position themselves for success in the years to come.
Source:Nigerian Tribune
May 01, 2024 13:18 UTC
The Speaker of the House of Representatives, Tajudeen Abbas, has described Nigeria’s Value Added Tax collection as the lowest in the African continent. This was as the Speaker attributed the development to what he referred to as significant inefficiencies in the nation’s tax system. According to the Speaker, the House would continue to do its part to assist the Federal Government’s drive to reposition the nation’s economy. He said, ”Comparatively, Nigeria’s efficiency in collecting Value Added Tax is the lowest among its African peers, indicating significant inefficiencies in its tax system. “This trend of low tax revenue, coupled with a continued dependency on the increasingly unstable oil revenue, presents a major risk to Nigeria’s fiscal sustainability.
Source:Punch
May 01, 2024 10:58 UTC
Sixteen Nigerian soldiers have been killed on a mission to halt clashes between two communities in the southern state of Delta, an army spokesman said on Saturday. The troops deployed in the Bomadi region “were surrounded by some community youths and killed on Thursday, March 14,” Brigadier General Tukur Gusau said in a statement. “The reinforcement team… was also attacked leading to the death of the Commanding officer, two majors, one captain and 12 soldiers,” said Gusau, acting director of defence information. The soldiers had “responded to a distress call” following trouble between the Okuama and Okoloba communities. “The Chief of Defence Staff, General Christopher Gwabin Musa, has directed the immediate investigation and arrest of those involved in the heinous crime,” the statement said.
Source:The Guardian
March 16, 2024 21:33 UTC
In an unprecedented wave of digital disruption, thirteen African countries are grappling with widespread internet outages, throwing businesses, communication networks, and daily life into disarray. The affected nations include Nigeria, Ivory Coast, South Africa, Liberia, Benin, Ghana, Burkina Faso, Togo, Cameroon, Gabon, Namibia, Niger, and Lesotho. As a result, in Nigeria, the internet blackout has disrupted financial transactions, online commerce, and vital communication channels. Businesses reliant on digital platforms are experiencing severe losses, while remote learning initiatives struggle to maintain continuity amidst the outage. Ivory Coast: SevereLiberia: HighBenin: HighGhana: HighBurkina Faso: HighTogo: MediumCameroon: MediumGabon: MediumNamibia: MediumNiger: MediumNigeria: LowLesotho: LowSouth Africa: LowALSO READ THESE TOP STORIES FROM NIGERIAN TRIBUNE
Source:Nigerian Tribune
March 16, 2024 19:23 UTC
As Muslims across the world observe fasting in the holy month of Ramadan, Malam Inuwa Foundation has commenced its annual Ramadan Feeding Programme. The Chairman, Alhaji Hussaini Baba noted that with the spirit of giving at its core mandate, the foundation provides iftar meals to thousands in Hadejia town, Jigawa State. Baba said beyond its spiritual significance, Ramadan serves as a reminder of the stark realities many face, thus free foods exemplify its essence – charity, empathy and community support. The foundation, according to the chairman, acknowledges the endeavours and provides ease to many during the sacred period through its everyday iftar feeding programme. “Throughout Ramadan, we will provide Iftar meals as a lifeline of hope and dignity to those facing adversity.
Source:The Guardian
March 16, 2024 16:46 UTC
It was granted a university status in 1918 — it is now a renowned public research university widely known beyond Africa. Being able to provide adequate facilities for learning with academic balance earns Witwatersrand one of the top universities in Africa. It has remained at the top of universities with impactful research output — this has positioned it as one of the top universities in Africa. University of KwaZulu-NatalThe University of KwaZulu-Natal, South Africa was formed on January 1 2024 after merging the University of Natal and the University of Durban-Westville. The University of South Africa is one of the mega universities in the world and the only one in Africa.
Source:Nigerian Tribune
March 16, 2024 12:24 UTC
The Ohanaeze leader said this during an interview on Arise News on Saturday, March 16, 2024, where he condemned the alleged persecution of the Igbos in Lagos and other parts of the country. The Ohanaeze leader said he has managed to persuade his people to remain calm amid the challenges, saying the stereotypes against the South Easterners were borne out of sheer ignorance and envy. "I've told my people, most of them are frustrated. Yes, I've seen some Igbo names there, but there's no tribe in Nigeria that's not involved in drug trafficking. It's not Igbos," Iwuanyanwu said.
Source:The Guardian
March 16, 2024 11:12 UTC
The burgeoning renewable energy sector offers a myriad of job opportunities and economic avenues, envisaging a surge in fields like wind turbine maintenance and solar panel installation. Despite projected job displacements in the fossil fuel sector, the overarching employment landscape remains sanguine, accentuating the socio-economic dividends of renewable energy adoption. Active participation in local renewable energy initiatives fosters a sense of ownership and empowerment, fortifying communal resilience amidst challenges. Ownership and operation of renewable energy projects exemplify this communal synergy, engendering localized benefits while ameliorating environmental footprints. Synergistic collaboration among governments, enterprises, and individuals catalyzes the global transition towards renewable energy.
Source:Nigerian Tribune
March 16, 2024 06:52 UTC
Chief Toyin Olaiya, who claimed to have discovered the late Quadri Oyebamiji, popularly known as Sisi Quadri, spoke to BOLA BAMIGBOLA on the career of the deceased actorIt is claimed that you discovered the late Sisi Quadri, how did it happen? In 1996, I was able to discover Quadiri Oyebamiji, popularly known as Sisi Quadri. The first time when Sisi Quadri came to watch our rehearsal, I took notice of him. One of my freelance presenters, ‘Omo Iya Alamala to ni NAFDAC number’, invited Sisi Quadri for an interview on her programme. After the interview, Sisi Quadri came to greet me and promised to come back but unfortunately, he couldn’t till his death.
Source:Punch
March 16, 2024 04:25 UTC
The first day of voting in Russia’s presidential election was marred by acts of vandalism at polling stations Friday, with at least nine arrests for pouring dye into ballot boxes and arson attacks. Despite authorities warning that election-day protesters faced heavy punishment, at least nine were arrested for acts of vandalism at polling stations. Close to the border with Ukraine, a wave of Ukrainian drone and artillery strikes killed two people in the Belgorod region. On the eve of the vote, Putin urged Russians to back him in the face of a “difficult period” for the country. It was unclear whether the spate of polling station incidents was a coordinated protest against the ballot or an isolated incident.
Source:Punch
March 16, 2024 02:00 UTC
The National Information Technology Development Agency (NITDA) has officially opened the application for tech startups to win as much as $220,000. NITDA while declaring the application open in a post on its X handle on Friday gave Saturday, 23rd March, 2024 as the deadline for registration. If the answer is yes, submit your application to NPI 2.0,” said NITDA. “Here is an opportunity to win up to $220,000 and an all expense paid training programme in Silicon Valley, United States (USA). NITDA added that the goals of NPI are to recognise and reward Nigerian innovators and start-up founders in the tech ecosystem and also act as an early-stage investment catalyst for innovators.
Source:The Guardian
March 15, 2024 23:51 UTC
The Catholic Bishop Emeritus of Abuja Archdiocese, John Cardinal Onaiyekan, has urged Nigerians to learn from countries like China and India regarding the development of natural medicine. According to him, natural medicine remains a viable alternative for many people who are unable to afford orthodox medicine. Onaiyekan said Nigeria was endowed with natural medicine, urging the Federal Government to acknowledge and develop it through the Nigeria Natural Medicine Development Agency to enable Nigerians to have access to affordable care. It is based on the noble conviction that our nation is endowed with natural medicine which we need to acknowledge and develop. “Secondly, all along, natural medicine remained a viable alternative for many people, often unable to access expensive modern medicine.
Source:Punch
March 15, 2024 21:06 UTC
One of the five pillars of Islam is the observance of full month fasting in the ninth lunar month of Ramadan annually by all Muslim faithful. The Holy Prophet Muhammad says, “When the month of Ramadan starts, the gates of heaven are opened and the gates of hell are closed and the devils are chained…. During the entire month of Ramadan, Muslims fast every day from dawn to sunset” (Sahih Bukhari and Muslim). The month of Ramadan has come to remind us about the revelation of the seal of all Holy Books, Holy Qur’an, that cannot be editioned, reviewed, or revised till eternity. The 313 of them are Messengers, while the stories of twenty-five Prophets are told in the Holy Qur’an, 104 of the Prophets were given Holy Books; and five of them are considered as unique.
Source:Nigerian Tribune
March 15, 2024 17:59 UTC
In an era marked by rapid technological advancement, the wealth management industry is undergoing a profound transformation. Traditional wealth managers are leveraging trends in private equity, digital wealth (WealthTech), and crypto to compete effectively. Digitalised wealth management ecosystems extend the reach of wealth managers globally, enhancing operational efficiency and elevating the client experience. In conclusion, the global asset and wealth management industry has demonstrated resilience in adapting to changing conditions and evolving investor demands. The digital revolution presents an opportunity for wealth management firms to redefine their roles and thrive in a changing financial landscape in Nigeria.
Source:Punch
March 15, 2024 15:19 UTC
The safety kit of the Tata Punch facelift will be further enhanced by six airbags, electronic stability control, and a 360-degree camera with blind spot monitoring. Also Check Out: Tata Punch EV Empowered Plus S Long Range vs Mahindra XUV400 EC Pro: Which EV To Buy? No Powertrain Changes ExpectedThe Tata Punch facelift will likely continue using the same 1.2-litre three cylinder petrol engine (88 PS and 115 Nm) offered with the existing Punch. However, Tata could provide the Punch CNG facelift with the option of a 5-speed AMT transmission, as recently introduced with the Tata Tiago CNG and Tata Tigor CNG. Expected Price & RivalsThe Tata Punch facelift is expected to be priced from Rs 6 lakh (ex-showroom) onwards.
Source:Punch
March 15, 2024 15:02 UTC