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News

‘Minor Fire’ Touches Dangote Refinery Effluent Plant, Firefighters Reacts Instantly

A “minor fire” incident was recorded at the effluent treatment plant of the Dangote Refinery in Lagos on Wednesday. The fire was immediately put out as firefighters and first responders swiftly rose to the occasion. Viral videos showed thick plume of smoke billowing into the sky from the facility located at the Lekki Free Zone […]

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Business

NIPR Inducts Peter Oluka,Techeconomy Editor, & 604 others 

Peter Oluka, the editor of Techeconomy, was among the 605 new members inducted into the Nigerian Institute of Public Relations (NIPR) during its 60th anniversary celebration. The induction ceremony, held as part of a week-long event culminating in an International Colloquium on June 20, 2024, took place in Garki, Abuja. Speaking at the event, Dr. Ike […]

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Business

Mastercard Foundation Rejigs Board with Appointment of 35 Years Experienced Expert

AMA PRESS RELEASE The Mastercard Foundation has appointed Carole Wamuyu Wainaina to its Board of Directors. Carole Wainaina a senior business leader with 35 years of global experience in multinationals and multilateral organizations in areas including strategy, organizational transformation, and human resources. “I am delighted to welcome Carole Wainaina to our Board of Directors. The […]

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Business

We Will Tame Inflation with Conventional Methods, CBN Assures Nigerians

The Nigerian Government has assured the citizenry of its ability to bring the rising inflation in the economy under using what it called conventional methods. The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, who made this known during an interview with Bloomberg in London, said that the apex bank is determined to […]

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Business

World Bank Disburses $4.5m to NIMC for National ID Project, Says NIN Enrollment ‘Moderately Satisfactory’

The World Bank has disbursed a total of $45.5m to the National Identity Management Commission (NIMC) under the Digital Identification for Development (ID4D) project. According to the ‘Nigeria Digital Identification for Development Project’ report published by the bank on its website, the project is aimed at enrolling more Nigerians for the National Identification Number (NIN). […]

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Opinion

Palmpay Harps on Essence of Account Security with Eight Points Strategy

In today’s digital age, securing your financial transactions and personal information is more important than ever. According to the 2023 NIBSS Annual Fraud Landscape report, incidents of “Fraud loss via Internet Banking increased by 325% between 2022 and 2023, with Mobile, Web and POS being the most exploited channels by fraudsters in the country.” At […]

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Business

We Cannot Control Extortion by Government Agencies at Our Airport, Says Minister

The Nigerian aviation authority said extortion of passengers by officials of government agencies at the airports is beyond the ministry’s control. The Minister of Aviation and Aerospace Development, Festus Keyamo said on his X handle that he had been receiving calls from concerned members of the public over the menace, which according to him, had […]

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Business

President Tinubu Appoints Ex-Lagos Secretary as New CEO of  FCCPC 

President Bola Tinubu has appointed Olatunji Bello as the new Chief Executive Officer/Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission (FCCPC). The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, who disclosed this in a statement on Monday, noted that the appointment is pending confirmation by the Senate. He said […]

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News

Beware, Generative AI, ChatGPT Now Common Scammers’ Tool

Unauthorized bank transfers. Identity theft. Fooled by deep fakes. No one is too old, too young or too poor to escape being targeted by thieves. “Cybercrime affects everyone, and the threats are constantly changing,” warns trusted cybersecurity expert Greg Schaffer. “Criminals know that accessing lots of smaller accounts can add up quickly.” Surprisingly, Schaffer says […]

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News

New CEO Takes Charge at The Access Challenge with Pledge of  Renewed Commitment to Empowering Youth Leadership

AMA PRESS RELEASE In an exciting development for The Access Challenge, a pivotal organization at the forefront of addressing global health disparities, a significant leadership transition has been announced. Founder and current CEO, Kate Campana, has announced her decision to step down and pass the leadership baton in a move that underscores the organisation’s deep-rooted […]

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