House moves to review CBN Act A bill to amend the Central Bank of Nigeria Act on Thursday scaled Second Reading at the House of Representatives. The proposed amendment according to the sponsor of the bill, Francis Waive, seeks to address several critical aspects of the Act to enhance[Read More…]
FG says Nigeria lost N4.3tn to oil theft in five years The Federal Government, on Monday, revealed that more than N4.3tn worth of crude oil was stolen in 7,143 pipeline vandalism cases within a period of five years. It disclosed this at the Nigeria International Pipeline Technology and Security Conference[Read More…]
FG probes extension of DisCos’ licenses …says privatisation not the right way to go The Minister of Power, Adebayo Adelabu, on Wednesday said privatisation was not the right way to go for the country, rather commercialisation would have been better. The minister, who stated this during an interactive session[Read More…]
Glo Gives 6 Months Data Bonus On IPhone 15 Models Digital telecommunications services provider, Globacom, has announced the availability of the latest iPhone 15 variants for purchase in its Gloworld shops nationwide. Those who purchase these choice devices in Gloworld shops stand to reap huge benefits from Globacom. The company[Read More…]
Nigeria signs $116m financing agreement with French Govt Nigeria has signed a $116 million financing agreement with the French Government to support the investment in Digital and Creative Enterprises (I-DICE) programme, an initiative led by the office of Vice President, Senator Kashim Shettima. The Minister of Communications, Innovation and Digital[Read More…]
FCMB rewards new winners in promo Two new millionaires have emerged in the ongoing First City Monument Bank Millionaire Promo Season 9. The two winners of the N1, 000,000 grand prize who emerged during the fourth electronic draw were an officer of the Nigerian Police Force in Lagos, Inspector[Read More…]
Labour declares nationwide strike from Tuesday Organised labour comprising of the leadership of the Nigeria Labour Congress and the Trade Union Congress on Tuesday declared a total nationwide strike effective next Tuesday, November 14, 2023. The leadership of the two union reached the resolution after an extraordinary National Executive Council[Read More…]
26.5 million Nigerians at risk of hunger in 2024 – FAO Report from Food and Agricultural Organization, says 26.5 million Nigerians face the threat of hunger in the year 2024. The international organization revealed that states such as Borno, Sokoto, Zamfara, and the Federal Capital Territory (FCT) are at a[Read More…]
Unity Bank Records N38.2 Billion Gross Earnings in Q3’23 Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, an indication of business growth and customer confidence[Read More…]
Air Peace gets flights permit into UK Air Peace yesterday secured the Foreign Carrier Operator Permit (FCOP) which allows airlines from other regions to fly to Europe and Third Country Operator Permit (TCO-UK), paving the way for its proposed operations into the United Kingdom. Its Chairman/Chief Executive Officer, Allen[Read More…]
