News

Economists Warn Nigeria’s Apex Bank Chief to Avoid Pitfalls of 2005 Recapitalisation

Ahead of the planned introduction of a new capital base for deposit money banks in Nigeria, the Central Bank of Nigeria (CBN) has been warned by an economists to take cautioned and making some mistakes made during the last recapitalisation of commercial banks in the country. The Founder of Centre for Promotion of Private Enterprise, Muda […]

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Business

Police Arrest Mastermind Behind Dangote Cement Price Slash Scam

The Lagos State Police Command has arrested one Benjamin Ezeukwe aged 28 for masterminding and fleecing hundreds of innocent Nigerians in an elaborate cement-price-slash scam. Benjamin was arrested on October 19, 2023 in Rumuolumeni area of Obio/Akpor local government area of Rivers State following weeks of intensive investigation by officers of Area A Command of […]

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Technology

New Research Ranks IT Project Manager Highest Paying in UK

A research from The knowledge Academy, has found out that Project Manager is the most in-demand tech job for 2023,with 359 active roles in the IT job market, offering an average salary of £47,295 in the UK.           An IT Project Manager oversees the department’s objectives and directs strategy changes, playing a […]

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Technology

SAP Recommits to UNICEF  Partnership Education Initiative for Young People in Nigeria, Kenya & Others

SAP, has reaffirmed its commitment to youth skills by profiling its SAP Educate to Employ initiative, and public-private partnership with UNICEF and government. The initiative forms part of SAP’s global commitment to supporting UNICEF’s Generation Unlimited (GenU), a public-private-youth-partnership that aims to deliver innovative solutions to challenges youth face around the world. In the region, […]

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Economy

How Telecos Can Leverage on MVN to Boost Nigeria’s Economy

As of the end of 2022, there were officially 1,986 mobile virtual network operators (MVNOs) deployed and operational worldwide, of which around 50% were in Europe. However, this figure may not be entirely accurate. In addition, there is an informal number of other virtual operators offering services under the branded reseller or service provider model […]

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News

Nigerian Customs Denys Knowledge of $3.2bn Modernisation Project

The Nigeria Customs Service (NCS) has revealed that the agency was not privy to details of Customs modernisation project which the country would invest 3.2 trillion dollars into. This revelation came when the Customs Controller General, Adewale Adeniyi, represented by Deputy Controller General Mba Musa appeared before the Senate Joint Committee on Finance on Wednesday. […]

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Business

Old Naira Notes Remain Legal Tender Indefinitely, Says CBN

The Central Bank of Nigeria (CBN) said the old N200, N500, and N1,000 notes are to remain legal tender indefinitely. While new currency notes were introduced last year with the old ones set to cease as legal tender, the apex bank on Tuesday extended “the legal tender status deadline of the old design of N200, […]

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News

Nigeria Pledges to Create Investment Opportunities for Genuine Businesses

President Bola Tinubu has assured genuine businesses intending to invest in Nigeria that his government was determined to create the conducive atmosphere for genuine businesses to thrive. Tinubu, who was represented by the Secretary to the Government of the Federation, Sen. George Akume, said this in Abuja at the opening of the 2nd edition of […]

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