President-Elect, Asiwaju Bola Ahmed Tinubu on Thursday received transition documents from President Muhammadu Buhari, ahead of the May 29 inauguration ceremony. He was also handed the Baton of Service, which indicates that government is a continuum. The ceremony which is the first in a series of events lined up for[Read More…]
The Federal Government (FG) has said Nigerian banks and other financial institutions can now issue debit cards that can double as national identity cards at no extra cost. The Minister of Communications and Digital Economy, Isa Pantami, made this known on Wednesday, during a press briefing following the valedictory Federal[Read More…]
President of the pan-African Conglomerate, Dangote Industries Limited (DIL), Aliko Dangote has said, the newly commissioned 650,000pbd refinery would employ over 100,000 Nigerians youths as well as generate over $21 billion, therefore saving the country huge forex, that would have been used for fuel importation. Dangote, said, the company, now[Read More…]
The Monetary Policy Committee of the Central Bank of Nigeria, on Wednesday, unanimously voted to increase its monetary policy interest rates to 18.5 per cent. The PUNCH reports in March that the MPC of the bank voted to increase the benchmark interest rate by 50 basis points to 18 per[Read More…]
The National Bureau of Statistics (NBS) disclosed on Wednesday that Nigeria’s Gross Domestic Product (GDP) growth declined to 2.31 per cent in the first quarter (Q1) of 2023. Ripples Nigeria learnt that the 2.31 per cent GDP growth fell below the 3.52 per cent reported in the fourth quarter (Q4)[Read More…]
Shareholders of leading financial institution, Fidelity Bank Plc, have commended the board and management of the bank for delivering an exceptional performance in FY 2022. This was made known at the bank’s 35th Annual General Meeting (AGM) held virtually on Tuesday, May 23, 2023. Speaking at the AGM, the Chairman[Read More…]
Former Group Chief Executive Officer (GCEO), Ecobank Transnational Incorporated (ETI), Mr. Ade Ayeyemi has been scheduled as Guest Speaker at the 6th edition of CFA Society of Nigeria Quarterly Leadership Series. The virtual event is scheduled for Thursday, May 25 between 11am and 12:30pm. The CFA Society Nigeria Quarterly Leadership[Read More…]
…effect by 2024 The United Kingdom has put in place a law that will see Nigerian students, and others studying in the UK from bringing family as dependents except under specific circumstances. This is as the UK government aims to bring immigration into the country which stands at about 1[Read More…]
The Central Bank of Nigeria (CBN) has revoked the operating licenses of 132 microfinance banks in the country, alongside those of four primary mortgage banks and three finance companies. This was disclosed in the official gazette of the Federal Government, which was published on the website of the CBN on[Read More…]
Google on Monday, May 22, announced the expansion of its Flood Hub platform to cover 80 countries worldwide, including the addition of 8 new countries in Africa. To date, 23 African countries are on the Flood Hub. This expansion comes as part of AI-enabled efforts to address the devastating impacts[Read More…]
