Financial institutions have been mandated by the Central Bank of Nigeria (CBN) to obtain the social media handles of customers for the purpose of identification. It also asked financial institutions to obtain e-mail addresses, telephone numbers, and residential addresses, among other things, from customers. This is contained in the new CBN customer due diligence regulations […]
Read MorePresident of Dangote Group, Aliko Dangote was on Monday night recognized and given the “Founder of the Year 2023” award by the African Export-Import Bank (Afreximbank) at an award ceremony held by the bank in in Accra, Ghana. The award was given to Dangote because of his newly opened $19bn petrochemicals plant, which is now […]
Read MoreBillionaire businessman Aliko Dangote has encouraged African countries to be deliberate in liberalising integration and allow for easy entry and exit of Africans. The Dangote Group CEO, who spoke on Sunday at the 30th Afreximbank Annual Meetings held in Accra, Ghana, stated that if the continent was committed to boosting inter- and intra-African trade and […]
Read More9mobile, has rolled out a special hajj roaming offer for Nigerian pilgrims so that they can enjoy an affordable roaming experience for voice calls, SMS, and data while on pilgrimage in Mecca, Saudi Arabia. The Hajj Special roaming offer, which is available till August 31, 2023, will enable 9mobile customers to enjoy massive, discounted charges […]
Read MoreDangote Sugar’s strong earning is attracting strong bid for its stock, leading to a 36.21 per cent appreciation in the first half of 2023. In 42 months, investors were richer with a 48.85 per cent capital gain between 2020 and June 31, 2023. Kasimu Garba Kurfi , managing director, APT Securities and Funds Limited attributes […]
Read MorePresident Bola Tinubu has inaugurated the National Economic Council (NEC), with a promise to sustain the rejuvenation of the nations economy. Addressing members Governors of the federation, President Tinubu charged the council to join forces to support his administration towards transforming the nations economy. He reminded the council of the promise made during his inaugural […]
Read MoreFollowing Tuesday, June 14, 2023, suspension of Mr. Abdulrasheed Bawa, as Executive Chairman of the Economic and Financial Crimes Commission by the Federal Government, Mr. Abdulkarim Chukkol has stepped in as Acting Chairman of the Commission. In a statement today by its spokesman, Wilson Uwujaren, the Commission released a profile of the Acting Chairman. According […]
Read MoreThe National Commissioner of Nigeria Data Protection Bureau, NDPB, Dr Vincent Olatunji been appointed into Forbes Technology Council for 2023. Dr Olatunji was vetted and selected by a review committee based on the depth and diversity of his experience. The appointment highlights Nigeria’s recognition in the global data protection space. Forbes Councils’ founder Scott Gerber […]
Read MoreInvestors who took positions in Dangote Cement’s stock in 2020 and exited June 31, 2023 harvested 140.26 per cent returns through capital appreciation and 11.11 per cent in H1- 23. This excludes dividend payment which has remained consistently impressive. In response to the economic headwinds which erode working capital, many companies are ploughing back a […]
Read MoreThe Association of Public Procurement Practitioners of Nigeria (APPON) has conferred the Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, with the “Excellent Service Delivery and Accountability Award”. The award was in recognition of Danbatta’s outstanding performance and contribution to the canons of the public procurement profession […]
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