Worried by the rising incidents of banditry and terrorism in Northern Nigeria, the Arewa Economic Forum (AEF) has advocated the establishment of a regional security outfit for the region to complement the efforts of the military and police in the current efforts to ensure security of lives and properties in the region. The Chairman of […]
Tag: Banking Revenue
IsDBI Kicks Off Islamic Finance Knowledge Pavilion Marketplace
The Islamic Development Bank Institute (IsDBI) has kicked off the development of the pioneering Islamic Finance Knowledge Pavilion Marketplace. A news report from African Press Organisation (APO) Group circulated on behalf of the development finance institution indicated that the Pavilion would provide a digital marketplace of validated solution providers (institutions, consultants, and experts) in Islamic […]
EU Board Bans Meta Over Processing Of Users’ Personal Data For Advertising
The European Data Protection Board (EDPB) has issued a binding decision banning Facebook and Instagram parent company, Meta, from processing users’ personal data for the purposes of behavioural advertising. Following the regulatory decision, the EDPB has instructed the Irish Data Protection Commission (DPC), Meta’s lead supervisory authority, to take final measures to enforce this ban […]
Institute Confers Fellowship On Danbatta For Empowerment Of National Workforce
The Michael Imoudu National Institute of Labour Studies (MINILS) has decorated the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, with the award of Fellowship of the Nigeria Institute of Labour (NIL) under the Federal Ministry of Labour and Employment. At the conferment ceremony in Abuja, which was part of the […]
Banks’ N120Bn Debt Face-Off With Telcos Now Resolved – Danbatta
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has hinted that the face-off generated by the N120 billion debt owed by banks for the Unstructured Supplementary Service Data (USSD) provided by telecom operators has been amicably resolved. The NCC boss confirmed on Thursday that the banks, following the intervention of […]
AfDB Provides $2Mn For Job Creation For Youths In Africa
The African Development Bank’s (AFDB’s) Fund for African Private Sector Assistance (FAPA) has provided funds totaling nearly US $2 million to its Jobs for Youth in Africa initiative. Under the initiative, FAPA, of which the Government of Japan is a major donor, along with the Austrian Government and the African Development Bank, will contribute $923,570 […]
Court Dismisses BGL, Subsidiaries’ Applications On Objection To Trial
The Chief Magistrate of Wuse Magistrate Court in Abuja, Chinyere Nweoachenu, has dismissed all applications brought before her by BGL Plc and her subsidiaries objecting to their trial before the court. The Chief Magistrate therefore fixed definite hearing of the case for Wednesday October 2, 2018. In her ruling on the applications, Magistrate Nweoachenu stated […]