archiveNovember 27, 2023

  The Nigeria Civil Aviation Authority (NCAA) has commenced an investigation into the circumstances surrounding United Nigeria flight NUA 0506 to Asaba and the confusion it created in the public domain. It was reported that United Nigeria Airlines, on Sunday, November 26, said its Lagos-Abuja flight was diverted to Asaba,...

  The Peoples Democratic Party (PDP) in Lagos State says it has resolved to challenge the Appeal Court’s ruling, affirming Gov. Babajide Sanwo-Olu as winner of the March 18 governorship election. The Lagos State PDP Publicity Secretary, Alhaji Hakeem Amode, disclosed this in an interview with the News Agency of...

Access Bank Plc, in collaboration with Asolar, has launched a green energy solution to tackle power supply challenges faced by small and medium enterprises and rural communities across the country. The products, which included solar-powered TV sets, Air Conditioners, and PoS machines, among many others, were launched on Tuesday at...

The 17-storey Nigerian Content Tower (NCT), Headquarters of the Nigerian Content Development and Monitoring Board (NCDMB), Swali, Yenagoa, is set to host oil and gas industry eggheads and policy makers as the yearly Practical Nigerian Content (PNC) Forum 2023, 12th edition, kicks off on 4th December. The Minister of State...

  The Central Bank of Nigeria (CBN) has mandated banks in the country to begin automatic debit of chronic debtors in the country. The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, revealed that over N10 trillion has been loaned to customers under various intervention schemes. According to...

Socio-Economic Rights and Accountability Project (SERAP) has urged World Bank President, Ajay Banga, to promptly, transparently and effectively conduct an investigation into spending of loans and other facilities by Nigeria’s 36 state governors. Besides asking the global lender to suspend further loans to unsatisfactory states, the group, in a letter,...

In a bid to further deepen the capital market in Nigeria through the issuance of Islamic Finance instruments, Nigerian Exchange Limited (NGX) and Islamic Development Bank Institute (IsDBI) collaborated on a capacity building workshop for Issuers and Investors. The workshop, held at the Exchange Group House in Lagos on Tuesday,...

The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has requested Nokia Networks to increase its investments in Research and Development (R&D) to support the growth of Information and Communication Technology (ICT) in Nigeria. According to a press statement signed and...