Business

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Russia-Ukraine Crisis Impacts Nigeria’s Crude Inflow Into International Markets, Says NNPC Ltd

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the international oil market, leading to a dip in demand from the once-dependable Asian market at the onset of hostilities in the Eastern bloc. Maryamu Idris, Executive Director, […]

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Alawuba Uba

UBA, Saudi EXIM Bank Partner to Enhance Business Relations, Export Growth

Africa’s Global Bank, United Bank for Africa (UBA) Plc, and Saudi Export-Import Bank (Saudi EXIM), a premier export credit agency in the Kingdom of Saudi Arabia, have announced a partnership aimed at strengthening business growth and enhancing economic cooperation between their economies. To this end, both institutions signed a Memorandum of Understanding (MoU) on November […]

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NASENI, Agric Ministry Agree Partner On Agro-Industrialization, Climate Change Mitigation, Others

The National Agency for Science and Engineering Infrastructure (NASENI) and the Federal Ministry of Agriculture and Food Security have commenced discussions on how to deploy existing technical competencies and other resources by the two institutions to improve agro allied-industries development targets, climate change mitigations and smart solar irrigation aimed at dry-season farming. The trio of […]

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Obasa

Lagos Assembly Moves To Criminalises Street Begging, Mulls Law Prohibitng Alms Giving

embers of the Lagos State House of Assembly on Tuesday discussed the idea of a law to curb street begging across the State. The law, if it comes into existence, would also penalise encouragement of street begging by residents. In this way, it would be an offence to give money to a street beggar. Speaker […]

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Maida

NCC Underscores Role of ICT in Fighting Financial Crimes , As Maida Gets Inducted Into Hall of Fame

Nigerian Communications Commission (NCC) has said effective application of Information and Communication Technology (ICT) is critical in combating financial crimes by enabling real-time surveillance, regulatory compliance, and secure data processing, just as it sought a multidisciplinary and multi-stakeholder collaborations to address issue of illicit financial flows in the country. Executive Vice Chairman (EVC) of the […]

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Canadian High Commission

Canadian High Commission in Abuja Suspends Operations Over Fire Outbreak

The Canadian High Commission in Abuja, on Tuesday suspended operations after a fire incident at the commission on Monday. No staff except security personnel were seen at the high commission situated at 13010G, Palm Close, Diplomatic Drive, in the Central Business District of Abuja. The high commission had on its social media handle on X […]

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Over 64% of Nigerians Have Access to Financial Services, Says CBN

The Governor of Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has revealed that over 64 per cent of Nigerians have access to formal financial services, adding that the vision is to increase it to 95 per cent. Cardoso disclosed this Tuesday in Abuja at the lecture and launch of a book titled ‘Cowries to […]

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Halilu Targets First Quarter 2024 To Put NASENI Products In Nigeria Market ; Agency to Commercialise Products Via Technology Transfers

The Executive Vice Chairman of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu has said his vision or direction for the Agency’s products and technologies is to make them available in every household in Nigeria in the next few years. Nonetheless, Halilu disclosed in Abuja today that some tangible products […]

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NDIC Emerges Overall Best In ICPC 2023 MDA’s Ethics, Integrity Compliance Scorecard

The Nigeria Deposit Insurance Corporation (NDIC) has once again demonstrated its unwavering commitment to high ethical standards and compliance with anti-corruption laws and regulations, as it proudly secures the top position in the Independent Corrupt Practices and Other Related Offences Commission (ICPC) 2023 Ethics and Integrity Compliance Scorecard (EICS). This remarkable achievement marks the second […]

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CSR: Access Bank Donates Equipment to Nasarawa State

In living up to its Corporate Social Responsibility (CSR), Nigeria’s major banking institution, Access Bank Retail Operations Group has donated hospital equipment to the Primary Health Care Centre (PHC) at Gurku 1, Karu Local Government Area of Nasarawa State. Ms Emem Ukoh, Zonal Head, Abuja 1, Retail Operations of the bank, on Thursday27, October, 2023, […]

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Atiku Tinubu Peter Obi

Supreme Court Affirms Tinubu’s Presidential Victory, After Intense Months of litigation’

  The Supreme Court had dismissed the appeal by former Vice President and Presidential candidate of the Peoples Democratic Party, Alhaji Atiku Abubakar, seeking to nullify the February 25 presidential election of President Bola Tinubu. In the notice of appeal, Atiku had urged the apex court to dismiss and set aside the September 6 judgement […]

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Financial System Stability: NDIC Lauds Judiciary Understanding of Deposit Insurance Practice

  The Nigeria Deposit Insurance Corporation (NDIC) has commended the judiciary on its better understanding of the deposit insurance practice towards promoting stability of the nation’s financial system. NDIC Managing Director/Chief Executive,  Bello Hassan gave the commendation in his welcome address at the 2023 Sensitization Seminar, organized by the Corporation in partnership with the National […]

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