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The two chambers of the National Assembly in Nigeria are set to hold an emergency session today to extend the capital aspect of the 2023 budget implementation in a bid to beat the 30th June deadline. 

Nigeria mulls 2023 budget implementation extension

Oti Ikomi, CEO of Proton Energy joins CNBC Africa to discuss Nigeria’s journey to sustainable electricity tariff.

Assessing Nigeria’s journey to sustainable power tariff

Data from PwC’s 2024 Global Workforce Hopes & Fears Survey shows workers are embracing Artificial Intelligence and prioritizing skills growth amid rising workloads and an accelerating pace of change. 

PwC: Workers embrace AI & prioritise skills growth 

Google says demystifying AI concepts in native language can empower individuals to harness technology for personal and community growth. 

Google: Demystifying AI concepts in native language can harness growth

As rising food prices continue to affect the disposable income of average Nigerians, CEO of IDH, Daan Wensing says it is affecting farmers even more.

Tackling food inflation in Nigeria

PWC projects a 2.9 per cent growth for Nigeria this year on the back of sustained policy reforms but they caution that the growth prospect may be limited by elevated economic pressures. 

PWC projects 2.9% growth for Nigeria, expects marginal decline in inflation to 29.5% 

The United Nations World Food Programme says economic shocks linked to market disruptions, high inflation and weakened economic activities, depreciating national currencies.

WFP targets 7.3mn for nutrition assistance in West & Central Africa 

Nigeria is looking to set up an electricity offences tribunal that would empower the Nigerian Electricity Management Services Agency to prosecute offenders in a bid to check energy theft. 

Energy theft: Nigeria proposes electricity offences tribunal 

Moody’s says Nigeria’s interest spending on debt may go as high as 36 per cent of government revenues this year, as the global ratings agency maintained Nigeria’s credit outlook at positive. 

How can Nigeria reduce debt-servicing cost?

GAVI, the Public-Private Vaccine Alliance says it need $9 billion in new donor funding to vaccinate over 500 million children, saving over 8 million lives between 2026 and 2030.

GAVI seeks $9bn from new donors to vaccinate 500 million children over 5 years

The Nigerian government has ordered a water quality analysis following the outbreak of cholera in 30 states that has recorded over 30 deaths, 65 confirmed cases and 1,141 suspected cases. 

Nigeria moves to curb spread of cholera

The Nigerian government plans additional borrowings from development partners like the World Bank and the Africa Development Bank over the next one year. 

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