The Federal Executive Council (FEC) has approved N117 billion for the construction of Oloibiri oil museum in Bayelsa. The Minister of State for Petroleum resources, Mr Timipre Sylva, made this known when he briefed State House correspondents on the outcome of the council meeting, chaired by President Muhammadu Buhari...
BUSINESS
BY ANKELI EMMANUEL, Sokoto – The National Directorate of Employment (NDA) through its Small Scale Enterprises Department has commenced a 5 day basic business training for 65 school leavers and artisans in Sokoto State. In his keynote address, The Director General of NDE, Mallam Abubakar Nuhu Fipko said it...
By CALLISTUS OFFOR, Abuja – The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT), in line with its mandate, has rolled out some advisories in the first few weeks of the year 2023 as cyber threat actors continue to devise means of compromising their targets. The advisories are...
The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) has threatened to withdraw the services of its members nationwide, following attacks on some commercial bank premises. It also said that it would not stop the withdrawal until the attacks on its workers were addressed and security ensured....
A Non Profit Organisation, Techsocietal, the Nigeria Communication Commission (NCC) Internet Society Nigeria and TikTok on Tuesday held workshop for parents and educators on online safety for children. The News Agency of Nigeria (NAN) reports that the workshop hosted by TechSocietal is to commemorate the Safer Internet Day (SID)...
Zenith Bank has closed some of its branches in the Federal Capital Territory (FCT) and some states of the country due to alleged attacks on its staff and network. The News Agency of Nigeria (NAN) who monitored some of the bank’s branches in the FCT, and environs and other...
The Nigerian Communications Commission (NCC), at the opening of the AfricaNext show at the Landmark Event Centre in Lagos, Monday, attracted industry commendation for its efficient regulatory processes that have given verve to the realisation of full digital economy in the country. Chief Executive Officer of CashToken Africa, Mr....
By OLA MODUPE, Lagos – The Federal Inland Revenue Service (FIRS) on Monday signed a Memorandum of Understanding (MoU) with the Lagos Internal Revenue Service (LIRS) where the two tax authorities would collaborate on joint tax audit, investigation and automatic exchange of information. The MoU signing ceremony which took place...
Bankers scale fence in Delta to escape angry customers over New Naira notes
Minister of Agriculture and Rural Development, Dr Mohammad Abubakar says the sector has accounted for 23.78 per cent of Nigeria’s GDP. The minister made this known on Monday in Abuja in a statement issued by Mr Ezeaja Ikemefuna, Chief Information Officer of the ministry. He stated that Abubakar gave...
Access Bank customers are in for a treat this Valentine season, as the retail giant is offering several discounts and mouth-watering freebies on its retail products and services to celebrate customers in this season of love. The Valentine season campaign, tagged “Love is More,” will run from February 1 through...
The management of Techno Oil Ltd. has directed its outlets nationwide to make fuel sales to motorists round the clock, to mitigate the hardships facing Nigerians currently. The Chief Executive Officer of the company, Mr Tony Onyeama, made the announcement on Monday in Lagos while speaking on the efforts...
Director-General, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Mr Sola Obadimu says the Central Bank of Nigeria (CBN) should have introduced N5,000 note rather than redesigning old notes. Mr. Obadimu, stated this in an interview with the News Agency of Nigeria (NAN) in Abuja on...
Some traders in Sango-Ota, Ogun, on Monday, appealed to the Central Bank of Nigeria (CBN) to make concerted efforts to address the lingering cash crunch in Deposit Money banks to prevent total collapse of economic activities. They expressed their views in separate interviews with the News Agency of Nigeria...
The lndependent Petroleum Marketers Association of Nigeria (IPMAN) has dispelled the rumour that marketers will shutdown operations once the government starts the enforcement of N195 per litre pump price on Monday. Mr Mike Osatuyi, IPMAN’s National Operations Controller, said the insinuation that marketers planned to shutdown operations from Monday...
By CALLISTUS OFFOR, Abuja – Nigeria and Republic of Niger have signed a bilateral agreement in Abuja for coordination of frequency utilisation along their borders to ensure seamless deployment of services around within the two countries. This was contained in a statement issued on Sunday by The Nigeria Communications...
Many FCT residents have continued to face difficulty in accessing the newly redesigned Naira notes, attributing the challenge to bank officials, who they say allegedly hoard and selling the legal tender. The stakeholders urged the Central Bank of Nigeria (CBN) to impose heavy sections on Deposit Money Banks (DMBs)...
The Central Bank of Nigeria (CBN), in collaboration with the Economic Financial Crime Commission (EFCC), has met with officials of commercial banks in Gombe as a measure against violation of its guidelines. Speaking to newsmen shortly after the meeting in Gombe on Saturday, Aliyu Ashiru, Deputy Director, Financial Markets...
Some bank Customers in Sango-Ota have appealed to the Central Bank of Nigeria (CBN) to sanction Money Deposit Banks that are not paying the maximum N20,000 to customers over the counter. They expressed their views in separate interview with the News Agency of Nigeria (NAN) on Friday in Ota,...