• CBN Defends Multiple Exchange Rates

    The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said, the apex bank is expecting that the foreign exchange needed for the importation of petroleum products will decline by the end of this year when the Dangote Refinery commences operation. Emefiele, speaking on the sidelines of the ...

  • Calls On Emefiele To Contest Presidency Distracting – ADC

    The African Democratic Congress (ADC) has condemned calls on the Central Bank of Nigeria (CBN) governor, Godwin Emefiele, to join the 2023 presidential race while still in office, saying they are “negatively impacting the local money markets and erasing foreign investors confidence in Nigeria.” The ADC asked Emefiele to urgently ...

  • NESG Mourns Death Of Founding Father, Dick Kramer

    Nigerian Economic Summit Group (NESG) has expressed sadness over the death of one of its founding fathers, Mr Dick Kramer, a top management expert and unarguably, the patriarch of management consulting in Nigeria. In a statement, the NESG eulogised Kramer for his intellect, saying his outstanding contribution to business management ...

  • Attitude Change Will Help To Sanitise Environment – Odumboni

    The Managing Director/ CEO of the Lagos Waste Management Authority, (LAWMA), Mr. Ibrahim Odumboni, has canvassed radical attitude change among Lagos residents toward waste management , saying it will help to sanitize the environment. Odumboni stated this at a one-day stakeholders’ meeting on Public Health Law 2015 and Environmental Management ...

  • Google Equiano Sea Cable Will Boost Nigeria’s GDP With $10bn, Says Sanwo-Olu

    Lagos State Governor, Mr. Babajide Sanwo-Olu on Thursday witnessed the virtual landing of the Google Equiano Sea Cable System in Nigeria, saying the new cable system will generate 1.6 million jobs and boost the nation’s Gross Domestic Product (GDP) with  $10 billion. He said with the landing of the sea ...

  • CBN N250bn Intervention: More Investment Needed As Call To End LPG Importation Intensifies

    Amidst soaring price and disruption to gas market globally following the Russia and Ukraine war, Nigeria currently import over 55 per cent of LPG to meet growing demand for the product in the country. Nigeria’s  LPG, consumption has risen to over 1,000,000 metric tonnes, yearly by December 2020, from 500,000MT ...

  • Nigeria‘s ID Africa Expands Operation To Ghana, Kenya

    Info Digital Africa (ID Africa), a Nigerian public relations, marketing communications and strategic advisory company, has announced the launch of its operations in Ghana and Kenya. The announcement coincides with the company’s seventh-anniversary celebrations. Africa’s diverse offering of human and natural resources has the potential to become the world’s largest ...

  • NDLEA Raids Abuja Cannabis Party, Arrests 200 Guests

    Operatives of the National Drug Law Enforcement Agency (NDLEA), on Wednesday, raided and sealed Diplomatic Suite Hotel, Asokoro, Abuja in a joint operation with men of the Department of State Services (DSS) to stop a cannabis party and the launch of a suspected new psychoactive drink. NDLEA spokesperson, Femi Babafemi, ...

  • Education: Pantami Tasks TETFund On Deployment Of Blockchain Technology

    The Minister of Communications and Digital Economy, Isa Ali Pantami, has called on the Tertiary Education Trust Fund (TETFund) to facilitate the deployment of emerging technologies such as blockchain to promote Nigeria’s educational sector. Pantami made this known when he received the management of TETFund, led by its Executive Secretary, ...

  • Korea Partners Abuja Agency On Jobs For FCT Youths

    In a bid to change the narrative of dependence on white-collar jobs in the Federal Capital Territory (FCT), the Abuja Enterprise Agency (AEA) in partnership with Korea International Cooperation Agency (KOICA) has moved to remove jobless and unemployed youths from the streets of the territory through jobs creation. This was ...

  • Medical Guild Unveils Plan For Leadership, Strategic Repositioning

    Guild of Medical Directors (GMD) has concluded plans to hold a leadership and business summit aimed at repositioning the association for more strategic engagement. The president of the guild, Dr Raymond Kuti, in a statement yesterday, said the leadership and business summit would hold between May 12th to 15th in ...

  • Tal Cual

    IMPLOSIÓN. En el primer día de recolección de firmas para convocar a un referendo revocatorio, el alcalde José Luis Fábrega se dejó ver por Cabo Verde. Todos los periodistas que estaban ahí querían conocer su opinión sobre el proceso revocatorio, pero él, exaltado, prefirió hablar –sin que nadie le ...

  • JUST-IN: 43,008 Nigerian Pilgrims To Perform 2022 Hajj

    After two years of no-hajj exercise for the Nigerian Muslims community due to COVID-19 restrictions put in place by the authorities of Saudi Arabia, a meager 43,008 Nigerian pilgrims are expected to perform the 2022 hajj ritual in the Kingdom of Saudi Arabia. The National Hajj Commission of Nigeria (NAHCON)’s commissioner for ...

  • Data Protection Bureau Partners ID4D To Boost National Economy

    The Nigeria Data Protection Bureau (NDPB) is collaborating with the Nigeria Digital Identification for Development Project (ID4D) to proactively strategise ways to develop initiatives that will boost the nation’s economy. The spokesperson of the National Information Technology Development Agency (NITDA), Hadiza Umar said the collaboration was part of NDPB’s efforts ...

  • ETAP Secures $1.5m Funding To Drive Car Insurance Penetration

    ETAP has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across Africa. ETAP is an insurtech startup that makes it easier to buy and claim insurance. Starting in Nigeria, the new funding will support the roll-out of ETAP’s game-changing app ...

  • Union Bank Named Best Trade Platform

    Union Bank of Nigeria has been awarded the Best Trade Finance Platform Initiative, at the recently concluded Middle East & Africa Banking Innovation Awards 2022. The Middle East & Africa Banking Innovation Awards, organised by The Digital Banker, is a prestigious award program designed to recognise the world’s best-in-class commercial ...

  • As Renewed Calls For Return Of SON To Seaports Spark Outrage

    Before vice president, Prof. Yemi Osinbajo, signed an executive order in 2017 pruning down the numbers of agencies at the nation’s seaports from 11 to seven, Nigeria has gone down the ladder in the World Bank ranking of countries in ease of doing business. Seaports is one of the index ...

  • IMF Reviews Nigeria’s Growth Forecast From 2.7% To 3.4%

    Buoyed by a stronger performance on the non-oil sector, the Nigerian economy is expected to grow by 3.4 per cent this year, the International Monetary Fund (IMF) said yesterday. This upwards review is coming despite a negative growth forecast by the Fund for the global economy primarily occasioned by the ...

  • No Individual, Group Will Be Allowed To Destabilise Nigeria – Buhari

    President Muhammadu Buhari, on Tuesday, in Abuja urged Nigerians to resist agents bent on causing breakdown of law and order in the country, assuring that no individual or group will be allowed to destabilise Nigeria. ‘‘We have the land, we have the resources, and we have the people. But I ...

  • (REJOINDER) Court Bans FCT Minister/AEPB From Waste Disposal And Collection Of Waste Disposal Levies In AMAC FCT

    The Director Mr. Osilama Briamah of Abuja Enivironmental protection Board had announced on Monday the 18th of April, 2022 of the concluded plans of the FCTA to seal up Hotels, Government offices, Plazas, and others business premises that have not cleared outstanding utility bills for waste collections. He insisted that ...

  • Sex Scandal: Chrisland School Speaks, Admits Misconduct By 5 Pupils

    The management of Chrisland Schools, Lagos, has admitted that aside from the 10-year-old female pupil seen in a viral sex video, four other pupils were allegedly involved in the sexual act that occurred during a foreign trip to Dubai, which led to the closure of the schools by Lagos State ...