archiveJune 2021

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the decision to partner with the media entrepreneur and blogger, Linda Ikeji to host the latest edition of her yearly popular empowerment programme, ‘Selfmade Woman Conference (SMWC) 2021’ is in line with the bank’s empowerment policy for women, stressing that the...

The Securities and Exchange Commission (SEC) has granted NG Clearing Limited (NG Clearing) registration to perform the function of a central counterparty (CCP) with effect from 7th June 2021. This registration now permits NG Clearing to clear and settle Exchange traded derivative products – making NG Clearing the first CCP...

  The Federal Government says Twitter and its founder, Jack Dorsey, are vicariously liable for the losses the country suffered during the EndSARS protest. The Minister of Information and Culture, Alhaji Lai Mohammed, stated this on Tuesday when he featured on “Politics Nationwide,’’ a Radio Nigeria call-in programme monitored by...

Nigeria’s inflation rate dropped further for the second consecutive month to stand at 17.93 per cent in May 2021 from 18.12 per cent in April 2021. This is contained in the Consumer Price Index report, released by the National Bureau of Statistics (NBS)on Tuesday. According to the report, the consumer...

The Central Bank of Nigeria (CBN) has reached an agreed in principle to mint The Gambian Dalasi. The CBN Governor, Mr. Godwin Emefiele, agreed to the currency minting proposal from the Governor of the Central Bank of the Gambia, Mr. Buah Saidy, who led a delegation to visit him on...

Brig.-Gen. Shuaibu Ibrahim, the Director-General, National Youth Service Corps (NYSC), has said that all NYSC ventures would now operate as business entities. Ibrahim made this known at the opening of Farms and Ventures managers training workshop on Tuesday in Abuja. The workshop was themed:“Repositioning the NYSC Ventures for Enhanced Revenue...

The Federal Government on Tuesday confirmed that Twitter has formally written to seek for dialogue on issues leading to the indefinite suspension of its operations in the country. The Minister of Information and Culture, Alhaji Lai Mohammed, confirmed this when he featured on “Politics Nationwide,’’ a Radio Nigeria call-in programme...

The World Bank says Nigeria’s inflation rate is expected to rise to 5th highest in Sub-Saharan Africa by the end of 2021, behind only Zimbabwe, Zambia, South Sudan and Angola. The bank’s Lead Economist for Nigeria, Macro Hernandez, stated this on Tuesday during a presentation of Nigeria’s Development Report for...

  Governor Abdullahi Ganduje of Kano has pledged to support more women aspiring for political offices in 2023, saying that more women are needed in the mainstream political sphere. Ganduje made the pledge on Monday evening at an interactive session with newsmen, as part of activities to mark the Nation’s...

The President of Nigerian Medical Association (NMA), Prof Innocent Ujah, has said that the law guiding blood transfusion in Nigeria was inadequate with the rapid increase of quackery and other sharp practices in the sector. The association’s National President stated this in Abuja on Monday during a press conference to...