archiveFebruary 2020

The Nigerian Investment Promotion Commission (NIPC) says it collated 29.91 billion dollars as investments announcements for 2019. These announcements were tracked through the NIPC Intelligence Newsletter, a publication by the commission. The report stated that a total of 76 projects were announced across 17 states, including Federal Capital Territory and...

Mr Sunday Thomas, the Acting Commissioner for Insurance, National Insurance Commission (NAICOM), has reiterated call for the amendment of some laws governing insurance practice in the country. Thomas made the call at a retreat organised by NAICOM for members of the House of Representatives Committee on Insurance and Actuarial Matters,...

The katsina state branch of the Central Bank of Nigeria (CBN), says it facilitated the refund of N82.04 million to customers of commercial banks in the state in 2019, arising from 57 complaints received by the apex bank. Alhaji Dahiru Usman, Controller in charge of CBN Katsina branch, disclosed this...

A Nigerian Clean Energy Startup, Homefort Energy, has secured five thousand dollars grant funding after winning the Kingdom Hackathon Prize of the Redeemed Christian Church of God (RCCG). The event took place at WorkCity, Second Roundabout, Lekki Phase 1 on Saturday in Lagos. Kingdom Hackathon is a tech event focussed...

  says it’s foundation weak, shaky says let’s work on our leadership recruitment process Former Bayelsa State Governor, Henry Seriake Dickson in Abuja on Friday regretted that 20 years after the return of civilian government, the foundation of democracy had remained shaky. In describing Nigerian democracy as an aberration, he...

  The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, says stakeholder engagement will resolve the protracted farmer/herder’s conflict in Nigeria. He gave the suggestion at the AB Dikko memorial symposium held on Saturday in Birnin-Kebbi, Kebbi State. Malami noted that the challenge required real-time and practically-oriented solutions....

  says technology, innovation should be new focus   The Vice President, Professor Yemi Osinbajo (SAN), has emphasised the need to review Nigeria’s curriculum of higher education to focus more on technology and creativity. Professor Osinbajo made the remark on Friday while delivering a lecture: “Facing the New Decade”, at...

The Minister of Communications and Digital Economy, Dr Isa Pantami on Friday called on more indigenous Information and Communications Technology (ICT) companies to invest in Cloud Computing. Pantami who was represented by the Director-General, National Information Technology Development Agency (NITDA), Kashifu Abdullahi, made the call at the 5th edition of...

  Capital market operators and regulators have been urged to tackle market infractions , insider trading and deluge of unclaimed dividends to boost investors’ confidence. Segun Ajibola, Professor of Economics, Babcock University and immediate past President, Chartered Institute of Bankers of Nigeria, gave the advice at the inauguration of a...

President Muhammadu Buhari says the issue of partial closure of Nigeria’s land border to goods from neighbouring countries will be determined by report of tripartite committee made up of Nigeria, Benin and Niger Republic. Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, said the Nigerian leader...