President Muhammadu Buhari has said that the task ahead in building a prosperous Nigeria requires partnership, innovative thinking, and most importantly, disciplined implementation of development policies by governments and the organized private sector. Represented by the Vice President, Prof. Yemi Osinbajo, during the opening session of the ongoing National Economic Summit 2022 in Abuja, the […]
Tag: banking
Nigeria Agenda 2050 To Raise Nigeria’s Per Capita GDP To US$33,000 – Ahmed
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, on Monday said that the draft Nigeria Agenda 2050 was being finalised and would be launched soon. Ahmed, who gave this hint in her opening remarks at the 28th Nigerian Economic Summit (NES#28) in Abuja, said one of the primary commitments of the President […]
ILO Launches Initiatives On ‘Green Jobs’ For Nigerian, Others’ Youths
The International Labour Organization (ILO) has launched the first Green Jobs for Youth Pact at the Climate Change Conference (COP27) in Sharm el-Sheikh, Egypt, as part of its work to promote a Just Transition to a more sustainable and greener future. The labour organization stated that the Youth Pact, a partnership with UN and other […]
SEC Urges Shareholders To Uphold High Ethical Standards
The Securities and Exchange Commission (SEC) Nigeria has advised investors in the nation’s capital market to continue to uphold high ethical standards and promote new strategies to strengthen accountability amongst the market’s participants. The Director-General of the commission, Mr. Lamido Yuguda, gave this charge during the 2022 edition of the Independent Shareholders Association of Nigeria […]
Customer-Centric Service Values, Innovation Earned Us 2022 Award – TAJBank MD
For the second consecutive year, judges at the BusinessDay’s ‘Banks and Other Financial Institutions (BAFI) Awards have rated TAJBank Limited, Nigeria’s leading non-interest bank, as the winner of the ‘Islamic Bank of the Year Award’ 2022 for the bank’s impressive performance during the year. TAJBank beat other nominees for the award after a rigorous assessment […]
NCC Engages Stakeholders On DIM For 5G Auction
The Nigerian Communications Commission (NCC) is set organize an engagement forum with stakeholders in the nation’s digital economy’s sector to discuss and provide more insight into the Draft Information Memorandum that will guide the process of the proposed auction of two lots in the 3.5GHz Spectrum for the deployment of 5G services in December this year. The […]
Naira Sustains Gain, Exchanges N800/$1 At Parallel Market
Nigeria’s national currency – Naira- on Wednesday sustained its appreciation trend at the parallel market, exchanging at an average of N800/$1 in the early morning trading hours, compared to an average of N855/$1 it traded during Tuesday’s trading session. The currency’s latest exchange rate represented a 6.43% appreciation over the preceding day’s exchange rate. According […]
Nigeria’s Crude Oil Output Up 1MBP/D In October, Highest In 4 Mnts
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported Nigeria’s daily crude oil production output rose above 1 million barrels per day to an average of 1,014,485 barrels per day in October 2022. The Commission gave these figures in the ‘October Crude Oil Production Report’ which showed that the last time Nigeria’s daily crude oil […]
UK Supports Africa With £200Mn For Climate Adaptation
The United Kingdom has announced an increase in its financial support to the poorest African countries that bear the brunt of climate change. Speaking at COP27 in Sharm El Sheikh, Egypt, on the funding support, British Foreign Secretary, James Cleverly, confirmed the UK will provide £200 million to the African Development Bank Group’s (AfDB’s) Climate […]
NCC Alerts Users On ‘Mobile Apps Group’s Apps Installation Risks
Following the constant introduction of malicious apps into Google Play Store, the Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has advised users against the installation of apps from the offending publisher, ‘Mobile Apps Group’, whose products were discovered to contain Trojans and malware that are harmful to users and their privacy. NCC-CSIRT’s advisory […]