An innovator, Mr Dayo Ayeni, says high rate of inflation, economic hardship and greed are some of the reasons some Nigerians fall victims of fake investment and online trading. Ayeni, Chief Innovation Officer, BusinessPlus Ltd., in an interview with the News Agency of Nigeria (NAN) on Wednesday in Lagos,...
BUSINESS
The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, on Tuesday said that the country was ripe for blue economy. Jamoh said this at the University of Lagos Institute of Maritime Studies maiden Annual Lecture held in Lagos. The lecture has the theme: ”From Crude...
The African Development Bank (AfDB), have signed a 525,000 dollar agreement to support Africa Fintech Network’s (AFN)’s Hub project. Mr Lamin Barrow, the Director-General, AfDB, Nigeria Country Department, during the signing in Abuja on Tuesday, said the project would boost the fintech industry on the continent. `This grant of...
The Nigeria Customs Service (NCS) in Kebbi State Area Command, says it has seized contraband worth N23.1 million and generated N144.8 million revenue on imports though Kamba border in March. The Customs Area Controller, Mr Ben Oramalugo, made this known while briefing newsmen on the command’s activities for the...
By CALLISTUS OFFOR, Abuja – The Nigerian Communications Commission (NCC) has debunked reports making the rounds on social media that it allegedly tracked and leaked the audio conversation of the Presidential candidate of the Labour Party, Mr. Peter Obi. It would be recalled that Mr. Obi has also distanced...
By CALLISTUS OFFOR, Abuja – The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has recommended that users of the popular messaging app, WhatsApp, set up Two-Factor Authentication (2FA) to avoid falling victim to account takeover by hackers. In an advisory issued on Tuesday, NCC-CSIRT noted that WhatsApp,...
The Nigerian Communications Commission (NCC), is training cadets of the Department of Computer Science, Nigerian Defence Academy (NDA), on modern warfare using Information Communication Technology (ICT). The Executive Vice-Chairman (EVC), of the NCC, Prof. Umar Danbatta, who revealed this on Monday in Abuja during a lecture to the cadets,...
By CALLISTUS OFFOR, Abuja – The Nigerian Communications Commission (NCC) has reiterated its commitment to continually drive initiatives that accelerate broadband deployment to increase penetration and make internet connection readily available to telecom consumers. Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Commision, Prof. Umar Danbatta stated...
The Niger Delta Development Commission (NDDC), has emphasized its renewed zeal to accord stakeholders and their priorities the utmost attention in the conception and execution of projects. Managing Director and Chief Executive Officer of the Commission, Dr. Samuel Ogbuku, stated this today at the beginning of a one-day working...
The Central Bank of Nigeria (CBN), in collaboration with Bankers’ Committee, on Monday carried out awareness and sensitisation campaign on cashless policy and e-Naira for traders at the popular watt market, Calabar. The awareness campaign featured a popular Nollywood actor, Imeh Bishop-Umoh, popularly called “Okon Lagos”. The Nollywood actor,...
The Federal Government is to deploy the newly acquired N12 billion fire fighting vehicles to the Murtala Muhammed Airport, Lagos, Nnamdi Azikiwe International Airport, Abuja, and Malam Aminu Kano International Airport, Kano. Sen. Hadi Sirika, Minister of Aviation, made this known while presenting the eight fire fighting vehicles to...
By JOY ADARA, Abuja – Nigeria has, again called on the United Nations and the International Tax Community to forge an inclusive, equitable, fair and universally beneficial international tax system towards the attainment of the 2030 Sustainable Development Goals (SDGs). Making the call on behalf of the country, Mr....
The Nigeria Export Processing Zones Authority (NEPZA), says there are presently 46 private Free Trade Zones (FTZs) with a culminating investment value standing at 30 billion dollars Prof. Adesoji Adesugba, the Managing Director, NEPZA said this on Sunday in Abuja in an interview with the News Agency of Nigeria...
The Nigeria Communication Commission (NCC) is to build emergency communication centres in 36 states of federation and the Federal Capital Territory (FCT). The aim is to bridge the gap between distressed and emergency response agencies in the country. Executive Chairman of the Commission, Prof. Umar Garba Danbatta, stated this...
Wema Bank Plc. on Saturday confirmed the appointment of Mr Moruf Oseni as its substantive Managing Director and Chief Executive Officer with effect from April 1. Oseni, who had been serving in acting capacity since Jan. 1, 2023, succeeds Mr Ademola Adebise, following approval by the CBN. Oseni joined...
African Development Bank (AfDB) Group President, Dr Akinwunmi Adesina, says urgent action is needed to reduce the world’s dependence on fossil fuels and harness Africa’s renewable energy sources. The AfDB president, in a statement, said this at the Berlin Energy Transition Dialogue, hosted by the German Federal Government. While...
President Muhammadu Buhari has approved the amendment of the 2022/2023 Deep Offshore oil block mini-bid process to accommodate concerns raised by potential local and international investors. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) stated in Abuja on Saturday that the amendments would address concerns over the terminal date of...
The Tax Controller, Enugu Medium and Small Tax Office of the Federal Inland Revenue Services (FIRS), Mrs Stella Obiora, says the organisation generated N10.04 trillion in 2022. Obiora, represented by the Executive Chairman of the agency, Mr Muhammed Nami, stated this in Enugu on Friday during their special day...
Ethiopian Airlines, the leading and fastest growing Airline in Africa, is celebrating the50th year of the commencement of its service to China. The Airline made its first flight to Shanghai on 21 February 1973 and operated there for a while before it shifted its flights to Beijing on 07...
The Central Bank of Nigeria (CBN) has urged Nigerians to embrace alternative payment channels such as eNaira, USSD and other internet banking facilities in line with its cashless policy. The apex bank said the idea became necessary as the country was gradually marching towards the alternative payments policy regime,...