Friday, February 14th, 2025 marked a significant milestone in the Federal Government of Nigeria’s efforts to secure the socio-economic wellbeing of the future generation, as the ground was opened for commencement of construction of the Sustainable & Emerging Technologies Institute (SETI) under the aegis of the National Agency for Science and Engineering Infrastructure (NASENI), The […]
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“The art of business reporting is as serious as business itself,” emphasized Friday Ekeoba, General Editor of National Wire, as he urged campus journalists to hone their skills in this specialized field. Speaking at the award presentation for the maiden edition of the Campus Business Journalism Awards, Ekeoba highlighted the importance of specialization in journalism, […]
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The Central Bank of Nigeria, CBN, has threatened to sanction banks that limit Automated Teller Machines (ATM) withdrawal to less than N20,000 per transaction. The apex bank disclosed this in a document addressing concerns over the reviewed fees on ATM withdrawal. Recall that CBN on Tuesday increased ATM transaction withdrawal fees, saying, from March 1st, […]
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The National Agency for Science and Engineering Infrastructure (NASENI) has celebrated its Executive Vice Chairman/Chief Executive Officer, Khalil Suleiman Halilu, for being honoured with the Young Global Leader Award by ThisDay Newspaper during its grand 30th-anniversary celebration held on January 27, 2025, in Lagos. The award recognizes Khalil Halilu’s transformative leadership, visionary contributions to Nigeria’s […]
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Major African continent’s financial institution, Access Bank Plc is set to host its first-ever Africa Trade Conference (ATC), a landmark event focused on advancing Africa’s economic transformation under the theme, ‘Empowering Africa Through Trade, Innovation, and Sustainable Growth’. The conference Scheduled for March 12, 2025, in Cape Town, South Africa, is poised to bring together […]
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In a bold move to drive economic relief for Nigerians, Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890 per litre, effective from Saturday. This price adjustment is in response to favourable developments in the global energy sector and a significant decline in […]
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One of Africa’s leading financial institutions, Zenith Bank has reaffirmed its dedication to employee welfare by the promotion of over 4,000 staff members and implementing salary increases ranging from 20% to 30% across various employee grades. This bold initiative, under the leadership of Managing Director/CEO Dame Adaora Umeoji, its aimed at boosting staff morale and […]
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The Nigerian Communications Commission (NCC), pursuant to its power under Section 108 of the Nigerian Communications Act, 2003 (NCA) to regulate and approve tariff rates and charges by telecommunications operators, will be granting approval for tariff adjustment requests by Network Operators in response to prevailing market conditions. The adjustment, capped at a maximum of 50 […]
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The Central Bank of Nigeria (CB), thriugh its Governor, Dr. Olayemi Cardoso, has vowed to tackle the commoditisation ( buying and selling) of Naira notes, which has become widespread in the country. Cardoso made this vow in a keynote address at the inaugural Stakeholders’ Conference of the Committee of Heads of Banks Operations (CHBO) in […]
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Africa’s Global Bank, United Bank for Africa (UBA) Plc, has cemented its position as a leading customer-centric institution, emerging among the Top 5 banks, in various survey’s segmentation, in the recently released KPMG 2024 West Africa Banking Industry Customer Experience Survey. The survey showed that the bank earned an impressive second place in SME […]
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Outgoing United States (U.S.) President, Joe Biden, on Tuesday 14th January 2025,, announced a ban on Chinese and Russian technology in vehicles, citing national security concerns. The new regulations will prevent the sale and import of connected vehicle hardware and software systems, as well as completed connected vehicles, from China and Russia. This is according […]
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The Central Bank of Nigeria (CBN) has sanctioned some Deposit Money Banks (DMBs) for failing to make Naira notes available through Automated Teller Machines (ATMs) during the yuletide season. According to a statement by Hakama Sidi-Ali, CBN’s Director, Corporate Communications Department, this is a clear message of zero tolerance for cash flow disruptions. The affected […]
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