The Nigerian Army has introduced artificial intelligence (AI)-powered simulation technology as part of efforts to strengthen the training and operational preparedness of troops confronting terrorism and other security threats. The technology is designed to provide soldiers with realistic, simulated combat environments in which they can rehearse responses to complex battlefield situations without being exposed to the risks associated with live operations. The move is expected to enhance the Army’s ability to prepare troops for increasingly sophisticated security challenges, particularly in counter-terrorism operations. According to the Army, the adoption of AI-driven simulation forms part of the military’s broader efforts to modernise…
Author: Abdoulaye Kay
The Central Bank of Nigeria (CBN), acting on behalf of the Debt Management Office (DMO), is set to offer N500 billion worth of Nigerian Treasury Bills (NTBs) at its next auction, marking the smallest single offer under the third-quarter 2026 issuance programme. The auction, scheduled for Wednesday, September 9, will cover 91-day, 182-day and 364-day Treasury Bills, according to an Invitation to Tender issued by the apex bank. The offer comprises N100 billion for the 91-day tenor, another N100 billion for the 182-day bill and N300 billion for the one-year instrument. The latest offer represents a reduction from the N700…
Forty women traders and exporters from across Ethiopia have received training on export procedures, customs requirements and market access as part of efforts to increase women’s participation in formal trade along the Djibouti-Ethiopia Corridor. The two-day export-readiness workshop, held in Bishoftu on July 30 and 31, 2026, focused on helping women-led businesses formalise their operations, comply with product standards, complete export documentation and connect with regional buyers. The training was organised under the Promoting Regional Economic Integration in the Horn of Africa through the Development of the Djibouti Corridor Programme. The €32 million initiative is financed by the European Union…
Liquidity expected to flow into Nigeria’s financial system this week is projected at N3.02 trillion, with maturing Open Market Operations (OMO) bills accounting for the overwhelming majority of the inflows. According to the latest liquidity outlook from the Financial Markets Dealers Association (FMDA), OMO maturities are expected to reach N2.94 trillion this week, up 30.67 per cent from N2.25 trillion recorded in the previous week. The N690 billion increase makes OMO maturities the dominant source of liquidity entering the financial system this week, accounting for about 97.5 per cent of projected inflows. Overall estimated inflows of N3.02 trillion are only…
The naira appreciated marginally against the US dollar on Monday, closing at N1,320/$ in the Nigerian Foreign Exchange Market (NFEM), even as foreign exchange trading activity dropped sharply to its lowest level in about five months. Data from the Central Bank of Nigeria (CBN) showed that NFEM turnover fell to N107.07 million on September 7, representing a 78.4 per cent decline from the N495.70 million recorded on the previous trading day. Despite the steep fall in transaction volume, the naira gained N2.50 against the dollar, improving by 0.19 per cent from Friday’s closing rate of N1,322.50/$. The currency traded within…
Dangote Petroleum Refinery and Petrochemicals Limited has formally commenced the process of its Initial Public Offering (IPO), offering 4.1 billion ordinary shares in a landmark move expected to attract up to 10 million subscribers. The public offer, which could become one of Africa’s largest retail investment drives, is designed to broaden public ownership of one of the continent’s most strategic energy assets while deepening liquidity in Nigeria’s capital market. At the signing ceremony held in Lagos on Monday, President and Chief Executive of Dangote Group, Aliko Dangote, unveiled the offer alongside transaction advisers, bank executives, industry leaders and other stakeholders…
OpenAI’s latest AI model, GPT‑6 Astra, has become the first system to score a perfect 450 on South Korea’s College Scholastic Ability Test (CSAT), marking a new milestone in the model’s demonstrated reasoning and subject mastery. Perfect CSAT score According to results published on GitHub on Sunday, GPT‑6 Astra was the only evaluated large language model to achieve a flawless 450 in the 2026 CSAT LLM Solution Log, an offline, no‑internet evaluation covering Korean language, English, mathematics, Korean history and four elective subjects: Physics I, Chemistry I, Life Science I and Society and Culture. The test is widely regarded as…
The Safety and Protection of Journalists (SPJ) Hub of the International Press Centre (IPC) has called on security agencies to intensify the protection of journalists covering political rallies and other electoral activities. The call followed an attack on journalists returning from the All Progressives Congress (APC) rally held at the Sani Abacha Stadium in Kano on Saturday, September 5, 2026. According to the IPC-SPJ Hub, a vehicle conveying four staff members of Radio Nigeria’s Pyramid FM, a journalist from Guarantee Radio and another journalist from Daily Trust was attacked by hoodlums after the rally. The hoodlums reportedly repeatedly hit the…
The naira strengthened further against the US dollar last week, trading within the N1,302–N1,315 range at the official foreign exchange market as rising dollar liquidity and stronger external reserves continued to support the currency. The movement brings the naira closer to the psychologically important N1,300/$ threshold, with market conditions suggesting a gradual improvement in the balance between dollar demand and supply. At the centre of the development is the Central Bank of Nigeria’s (CBN) stronger foreign exchange position. The country’s gross external reserves have risen to about $54 billion, their highest level in roughly 18 years, giving the apex bank…
African women innovators are increasingly turning to artificial intelligence (AI) and smart technologies to address pressing challenges in healthcare and agriculture, with researchers in Uganda and Rwanda developing solutions tailored to local needs. The innovations were showcased by two African women during a webinar hosted through the Africa Science Dialogue, highlighting the growing contribution of women to the continent’s digital transformation in health and food systems. In Uganda, Dr. Rose Nakasi, a researcher at the Makerere AI Health Lab and lecturer at Makerere University, is leading a team developing AI-powered diagnostic tools aimed at making the detection of diseases such…