In furtherance of its sustained efforts towards improving the efficiency of the nation’s financial system and ensure that depositors’ interests are protected at all times, the Nigeria Deposit Insurance Corporation (NDIC) has reiterated its commitment to supporting the efforts of the Central Bank of Nigeria (CBN) for sustainable growth of the economy. The corporation’s Managing […]
President Bola Tinubu has replaced five Managing Directors and Directors-General of parastatals in the Ministry of Aviation and Aerospace Development. The President also suspended the Director-General of Nigeria Civil Aviation Authority, Capt. Musa Shuaibu Nuhu, to enable him face an “unfettered investigation” by the Economic and Financial Crimes Commission. The changes in the leadership positions […]
The Chartered Institute of Directors Nigeria (CIoD), a corporate governance Institute and a leading promoter of ethical professional standards in Nigeria, has kicked off the 2023 edition of its Leadership Bootcamp Programme for Directors in Barcelona, Spain. The programme, which attracted directors diverse sectors of the economy, was declared open by the Institute’s Director of Academy, Mr. […]
TAJBank Limited, Nigeria’s leading non-interest banking services provider, has again set a record with Bbb+ rating by the foremost rating agency – Agusto & Co -, thereby making the fast-growing non-interest lender the best rated in the nation’s Non-Interest Banking (NIB) space. The latest rating, which is a notch up from the Bank’s previous rating, […]
The Chief Executive Officer of the Pension Funds Operators’ Association of Nigeria, Mr. Oguche Agudah, disclosed Friday that the National Pension Commission (PenCom) recovered N24.8 billion of funds unremitted by employers in the third quarter of 2023. Agudah, who spoke at a media parley with the theme “At the dawn of 20 years of pension […]
The Lagos Chamber of Commerce and Industry (LCCI) on Thursday announced a change in its board with the election of Gabriel Idahosa as President and Chairman of the Council. The Chamber’s Director General, Dr. Chinyere Almona, who made the disclosure during the Chamber’s 135th Annual General Meeting (AGM) in Lagos, said that Idahosa’s appointment was […]
The Central Bank of Nigeria (CBN) governor, Yemi Cardoso, has approved the revised “Service Charter’’ of the apex bank. The service Charter is a requirement of the Business Facilitation Act 2022 for driving the ease of doing business in Nigeria, which mandates the apex bank to fully comply with the directives of SERVICOM on improvement […]
The Nigeria Customs Service (NCS) has commenced talks with the Federal Ministry of Finance with a view to initiating an executive bill for consideration by the National Assembly for the establishment of a proposed dedicated Pension Scheme for officers and men of the service. The Comptroller-General of the Service, Adewale Adeniyi, who gave this hint […]
The Federal Government has signed a partnership deal with the United Nations Development Program (UNDP) to begin internship payment to 3,000 fellows of the 3 Million Technical Training (3MTT) programme. The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, who gave this hint on Tuesday, said that the first cohort of the programme […]
The Nigerian Communications Commission (NCC) has awarded N30 million prize to three startups at the grand finale of its three-day 2023 Talent Hunt Research through the Hackathon to enhance their research capabilities. The commission’s Executive Commissioner of Technical Services, Ubale Maska, who was represented by NCC’s Director of Research and Development, Ismail Adedigba, said the […]