CBN Restrains Cash Withdrawals, Cheques For Crypto Bank Accounts The Central Bank of Nigeria (CBN) has said, there would be no cash withdrawals on accounts that are linked to virtual assets. This is coming after lifting restrictions on banks operating accounts for virtual assets as cryptocurrencies. According to the guideline[Read More…]
Tayo Aduloju Takes Over As NESG CEO The Nigerian Economic Summit Group (NESG) has announced the appointment of Dr. Tayo Aduloju as the new chief executive officer of the NESG, effective from the 1st of January, 2024. Until his appointment, Tayo Aduloju was the chief operating officer and senior[Read More…]
Seplat Energy’s ANOH Gas Plant Reaches Mechanical Completion •Records no Lost Time Incident Seplat Energy Plc has announced that the ANOH gas plant installation works reached mechanical completion on December 29, 2023, in line with the revised timetable. The company in a statement said the milestone was achieved without[Read More…]
FG to expands suspension of degree certificates to Uganda, Kenya, others The Federal Government of Nigeria has announced an expansion of its suspension of accreditation and evaluation of degree certificates beyond Benin Republic and Togo to other African countries like Uganda, Kenya, and the Niger Republic. The minister of[Read More…]
SAHCO takes over Ethiopian Airlines ground handling services Skyway Aviation Handling Company (SAHCO) PLC has won the contract to take over the ground handling services to one of the world’s foremost airlines, Ethiopian Airlines at the Murtala Muhammed International Airport, Ikeja, Lagos, Nigeria. SAHCO would be providing Ramp handling services,[Read More…]
Nigerdock, UNIDO, partners to promote Nigeria’s investment with European firms Nigerdock, a Nigerian maritime and logistics company, and promoter of Snake Island Integrated Free Zone (SIIFZ), recently hosted a delegation from the United Nations Industrial Development Organization (UNIDO) as part of efforts to drive sustainable foreign direct investments (FDIs).[Read More…]
Airtel Africa gets new CEO as Segun Ogunsanya retires in July Airtel Africa Plc has announced the retirement of Segun Ogunsanya as the chief executive officer (CEO) with effect from July 1, 2024. In a statement on Tuesday, the telecommunications firm said Sunil Taldar will replace Ogunsanya as the[Read More…]
Olam gives students educational grants Olam Agri in Nigeria, an agribusiness in food, feed, and fibre, has awarded grants to the first batch of qualified tertiary institution student beneficiaries of the Seeds for the Future Education Grant. The firm in a statement said grants aimed to support the academic pursuit[Read More…]
Minister of Interior says Passport application automation to begin January 8 The minister of interior, Olubunmi Tunji-Ojo has said automation of Nigeria’s passport application process will begin from January 8, 2024, adding that it will allow Nigerians to apply and complete their passport application process online without human contact.[Read More…]
Tinubu signs N28.78tn budget into law President Bola Tinubu, on Monday, signed the N28.78 trillion budget for 2024 into law. Speaking at the signing of the appropriation bill, the President assured Nigerians that the implementation of the budget would be efficiently pursued and vigorously monitored, saying: “All the[Read More…]
