ECOWAS leaders meet on Niger Coup The Economic Community of West African States (ECOWAS) Heads of State and Government are meeting in Abuja, at an extraordinary summit on the socio-political situation in the Republic of Niger. President Bola Tinubu, who is also the chairman of the ECOWAS, is[Read More…]
FCSC chair Ingawa hails new Customs boss, okays internal succession in MDAs Chairman of the Federal Civil Service Commission (FCSC) Dr. Tukur Bello Ingawa has showered praises on the new Acting Comptroller General of Nigeria Custom Service (NCS) Bashir Adewale Adeniyi for his giant strides and expressed his approval[Read More…]
The Bank of England poised to raise interest rates amidst soaring inflation The Bank of England is gearing up for yet another interest rate hike. Anticipations are high that during its upcoming meeting, the bank will announce its 14th consecutive rate increase. The Bank of England looks likely to raise[Read More…]
FG unveils new public service rules The Federal Government has unveiled the new Public Service Rules for immediate implementation in the service. The unveiling was done by Mr Olawale Edun, Special Adviser to President Bola Tinubu on monetary policies, at a public service lecture, as part of the activities to[Read More…]
Heirs Insurance Group launches app, others Heirs General Insurance (HGI) and Heirs Life Assurance (HLA), subsidiaries of Heirs Holdings, have launched digital channels for customers to make access easy to insurance. Chief Marketing Officer, Ifesinachi Okpagu, said the channels include a chatbot named Prince, which resolves customer’s inquiries, a[Read More…]
Court dismisses DSS suit seeking to keep Emefiele in detention The Federal Capital Territory (FCT) High Court in Abuja has dismissed a request filed by the Department of State Services (DSS) seeking a 14-day extended detention order for the suspended Central Bank Governor, Godwin Emefiele. The application was filed[Read More…]
TikTok To Launch Its First Shopping Centre TikTok has revealed plans to launch its first shopping centre to sell goods. It is following through with recent plans to launch an e-commerce business in the U.S. TikTok made this known in a short video sharing platform. According to report, the company[Read More…]
Government hands over 374 power project to DisCos Over $1.2 billion has been spent on key distribution projects in the country as part of measures to improve power supply in the country, Niger Delta Power Holding Company Limited (NDPHC) has said. The fund was spent on over 374 projects[Read More…]
CBN promises to tackle forex pressure Folashodun Shonubi, Acting Governor of the Central Bank of Nigeria, pledged to tackle the mounting exchange rate pressure as the naira witnessed a decline against the dollar. BusinessDay reports that Shonubi made this commitment during a press interaction after the two-day Monetary Policy[Read More…]
Ecobank, wins coveted Euromoney award as Africa’s Best Bank for SMEs Ecobank, the leading pan-African Banking Group, has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. [Read More…]
