In line with one of the pillars of the National Digital Economic Policy and Strategy, (NDEPS 2020-2030), which is to further accelerate economic growth in digital literacy and skills, the Nigerian Communications Commission (NCC) is fully committed to the effective…
By Seun Ibiyemi There was palpable tension at the Nnamdi Azikiwe International Airport in Abuja, on Sunday, when a Max Air aircraft crash-landed after the tyre reportedly burst into flames. The aircraft had arrived from Yola, Adamawa State when the…
…Revised Law to be signed soon – Jamoh By Seun Ibiyemi The Ghanaian Maritime Authority GMA has commenced a 10-Day programme to understudy the implementation of the Coastal and Inland Shipping Act also known as the Cabotage Law in Nigeria…
Members of the Nigeria Internet Registration Association (NiRA), the registry for .ng Internet Domain Names and managers of the database of names registered in the .ng country code Top Level Domain, have elected Mr. Adesola Akinsanya and Mr. Murtala Abdullahi…
The Managing Director/Chief Executive Officer, Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, has commended the Judiciary and Nigerian Bar for collaboration with the Corporation in the diligent and timely prosecution of failed bank cases over the years. Hassan gave…
Access Holdings Plc has announced that its flagship subsidiary, Access Bank Plc, has received regulatory approval from the Central Bank of Angola, Banco Nacional de Angola, for the acquisition of a majority equity stake in Finibanco Angola S.A. This was…
The 2022 KPMG Nigeria Banking Industry Customer Experience survey result listed Polaris Bank ‘as the most improved Bank under retail segment moving up five places to sixth position and 3rd under SME segment’, with the Bank showing significant improvement in…
…Reps stop disbursement of $700m CVFF fund to Nigerian shipowners By Seun Ibiyemi The disbursement of Cabotage Vessel Finance Fund (CVFF) is currently being stalled by the proposed interest rate of 8.5 per cent by commercial banks, a requirement which…
By Ibiyemi Mathew The Organised Private Sector of Nigeria (OPSN) has opposed the recently announced increase in excise rates as contained in the circular dated 20th April 2023, signed by the Honourable Minister of Finance, Budget and National Planning. The OPSN…
Despite economic challenges, political tensions, fuel and naira shortages that slowed down business activities in Q1 2023, credit to the private sector increased an all-time high of N43.07 trillion, with expectations of a further increase in the year. In contrast,…
