The Nigeria Customs Service (NCS) Western Marine Command (WMC) has intercepted 32 sacks of Cannabis Sativa with a street value of N168 million. The Command’s Controller, Comptroller Abubakar Umar, who made this disclosure on Thursday during his maiden media briefing on the command’s activities from February to May this year in Lagos, said the Command […]
The Securities and Exchange Commission (SEC) Nigeria has said that the Identity Management System being developed by the capital market will tackle the lingering identity management issues while allowing room for scalability as technology evolves. Director General of the SEC, Mr. Lamido Yuguda, gave this assurance when he received members of the Committee on Identity […]
The Nigerian Communications Commission (NCC) has expressed its readiness to safeguard the nation’s cyberspace through policy and other regulatory measures to ensure credible outcomes of the 2023 general elections. The commission’s Executive Vice Chairman, Prof. Umar Danbatta, who gave this assurance at a two-day symposium focused on Internet Governance and Safeguarding the Cyberspace on Monday […]
Following the ongoing investigations of the Accountant-General of the Federation (AGF), Alhaji Ahmed Idris by the Economic and Financial Crimes Commission (EFCC) over alleged financial impropriety, the federal government has appointed Mr. Anamekwe Nwabuoku to oversee the operations of the office. Nwabuoku’s appointment, which will subsists while Ahmed’s investigation continues, was conveyed to him in […]
The Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to Aeroland Travels Limited, and its directors over an indebtedness of N1.8 billion. The corporation’s spokesperson, Jude Nwauzor, who disclosed this in a statement on Monday, said the takeover was sequel to the order of Justice D.E. Osiagor of the Federal High Court, […]
The Central Bank of Nigeria (CBN) has objected the National Industrial Court’s order asking it to pay entitlements totaling N2.5 billion to 110 disengaged staff of the Ahmadu Bello University ( ABU), Zaria that were sacked in 1996. Joined in the suit as respondents are the 110 disengaged staff, ABU, Zaria, Minister of Education, Federal […]
The Securities and Exchange Commission (SEC) Nigeria on Thursday disclosed that it was enhancing strategies to collaborate with other agencies on a sectoral strategy to deal with cybersecurity threats in the nation’s capital market. The Director-General of the commission, Mr. Lamido Yuguda made this disclosure when speaking with journalists on the development which was one […]
The Nigerian National Petroleum Company Limited (NNPC Ltd) has confirmed that Nigeria’s oil output had dipped below 1.5 million barrels per day (mbpd) following unbridled theft in the petroleum industry. The company’s Group Managing Director (GMD), Malam Mele Kyari, who gave this hint on Tuesday at the 5th National Union of Petrol and Engineering and […]
The Central Bank of Nigeria (CBN) has advised Nigerians and other residents in the country to stop dealing with unlicensed or illegal financial operators in the country in view of the risks associated with any financial transactions with them. The apex bank gave the advice in a statement posted on its website on Monday through […]
The Information Security Society of Africa Nigeria (ISSAN), has advocated the need for the amendment of the National Cybersecuriy Protection Act 2015 to update its provisions with current realities in the global cybersecurity space Speakers and Panelists at the association’s just concluded Quarter 1, 2022 Cybersecurity Conference with the theme ‘Payment Systems Platform Security’ held […]