Richard Adeolu Adejumobi

OpenAI Calls For Robot Tax:AI Boom Triggers New Policy Debate

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A growing debate over the economic consequences of artificial intelligence has intensified following calls linked to OpenAI for the introduction of a “robot tax”—a policy proposal aimed at addressing job displacement and widening inequality in the age of automation. The concept of a robot tax, long discussed in policy and academic circles, proposes that companies […]

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Malema Sentenced to Five Years, Political Fallout Looms

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Johannesburg — , leader of the (EFF), has been sentenced to five years in prison, in a ruling that is expected to have significant political repercussions. The sentencing marks a major development for one of South Africa’s most prominent opposition figures, known for his strong stance on economic redistribution and land reform. While full details

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Tinubu Approves ₦3.3 Trillion Power Sector Debt Settlement — But GenCos Say the Real Figure Is Twice That

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The Federal Government announced a ₦3.3 trillion settlement plan for a decade of power sector arrears on Sunday, with 15 generation companies already signed on and ₦223 billion disbursed. But the Association of Power Generation Companies insists the actual debt stands at over ₦6 trillion — raising fundamental questions about who verified the figures, and

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Seplat Workers Begin Indefinite Strike, Raising Risks to Nigeria’s Oil Output

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Lagos — Workers at have embarked on an indefinite strike, introducing fresh uncertainty into Nigeria’s oil production outlook at a moment when global prices are rising and the country is under pressure to maximise output. The industrial action, which commenced on Friday, affects one of Nigeria’s most important independent producers, with operations concentrated in key

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Drone Strikes, Border Closure and the Brink of War: Chad–Sudan Crisis Deepens

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N’Djamena/Tine — Escalating cross-border attacks and drone strikes have pushed tensions between and to a critical point, with growing fears of direct military confrontation. Crisis Timeline: Escalation in Motion The current crisis has unfolded through a series of increasingly severe incidents: The pattern reflects a shift from indirect spillover to direct targeting of Chadian territory.

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₦68.3tn Budget Approved as Security Spending Falls, Oversight Questions Emerge

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Abuja — Nigeria’s National Assembly has approved a ₦68.3 trillion budget for 2026, the largest in the country’s history, following a late upward revision by President . The appropriation, initially presented at ₦58.47 trillion, was increased by ₦9.3 trillion through a presidential request endorsed by lawmakers without detailed scrutiny — a move that has drawn

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Dangote Refinery Begins Export of Refined Products

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Lagos — The Dangote Petroleum Refinery has commenced the export of refined petroleum products, marking a significant milestone in Nigeria’s downstream oil sector. The development signals a shift in Nigeria’s long-standing position as a net importer of refined fuel, as the country begins to supply petroleum products to regional and international markets. Industry analysts say

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