CBN Pegs Tenure Limit For Bank MDs, Others At 20 Years
The Central Bank of Nigeria (CBN) has announced a revision of the tenure limit for executive management and non-executive directors of banks and financial...
YouTube Music/Premium Hits 100 Million Subscribers, Embracing Diverse Music Genres Including...
YouTube has announced a significant achievement in its digital streaming service, with YouTube Music and Premium surpassing 100 million subscribers worldwide, including trial. This...
U.S Vice president Announces $100 Million Investment In Young African Leaders...
The US Vice President Kamala Harris has revealed plans to work with Congress to fund an additional government investment of more than $100 million...
Nigeria’s Workforce Productivity Reduced by $1.5 Billion Due to Malnutrition
The Nigerian government is concerned about the economic impact of malnutrition, costing the country $1.5 billion a year in lost productivity and human capital...
Toyota Recalls 14,799 Defective Lexus Vehicles – FRSC
The Toyota automobile company, in China, has recalled 14,799 defective Lexus vehicles, according to a statement by the Corps Public Education Officer (CPEO) Federal...
Buhari Inaugurates New MOFI Board, Sets N100 Trillion Target
PRESIDENT Muhammadu Buhari has charged the Ministry of Finance Incorporated (MOFI) to grow its Assets Under Management from the current value of N18 trillion...
AI Tour: Sam Altman, ChatGPT Founder, Visits Nigeria
Sam Altman, CEO, OpenAI, is in Nigeria to interact with select members of the tech community in an apparent move to broaden interests in...
Flour Mills’ Targets Sustainable Development Solar-Powered Water Plant
Flour Mills of Nigeria (FMN) has commissioned the solar-powered clean water plant financed for the Gbaji-Yeke Community, Badagry, Lagos. The milestone was achieved in...
PFAs Reduce Pension Funds Investment In Banks To N1.6 Trillion
The Pension Funds Administrators reduced the funds under the Contributory Pension Scheme that was invested in fixed deposits and bank acceptance to N1.6tn in...
Nigeria On Fast Track To Achieve 70% Broadband Target For 2025...
The national target to achieve 70 per cent broadband penetration by 2025 is receiving renewed attention from the Nigerian Communications Commission (NCC), which promises...
Recent Posts
Buhari Approves 10-Day Extension of Old Naira Notes Expiry Date, Deadline Now February 10
President Muhammadu Buhari has approved a 10-day extension of the expiry date of the old Naira notes from January 31, 2023, to February 10,...
DBN To Support MSME Lending With New N23 Billion Fund
The Development Bank of Nigeria has raised N23 billion in the first tranche of its N100 billion bond issuance programme to consolidate its support...
EU Allocates €600 Million Tackle Food Insecurity Across African, Caribbean and Pacific Countries
...€7.5 million earmarked for Nigeria
The European Commission has allocated €600 million from the European Development Fund to finance immediate humanitarian food aid, food production...
USSD Debt Hits N100 Billion As Banks, Telcos Seek Resolution
The accumulated debt from Unstructured Supplementary Service Data, USSD, which Deposit Money Banks owe telecommunication firms has risen to over N100bn.
As a result, banks...
Nigeria in 2023: Major Indicators That Will Define the Year
The year 2022 has been an eventful one. As we close out on all activities of the year and look forward to a new...