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The Manufacturers Association of Nigeria (MAN) has called for a conducive business environment for its operations in the country. The President of MAN, Mr Francis Meshioye, made the call at the association’s Annual General Meeting (AGM) held on Tuesday in Ede, Osun. News Men report that the AGM, with delegates from Osun, Oyo, Ondo, and ...
The National Information Technology Development Agency (NITDA) has announced a public review session for two key regulatory documents: the Draft Digital Public Infrastructure (DPI) Live Events and the Draft Technical Standard for the Nigerian Data Exchange (NGDX). This move is part of the agency's strategy to co-create regulatory instruments that are inclusive, sustainable, and align ...
The Federal Government has thrown its weight behind the maiden National Science, Technology and Innovation Communication Conference (STICOMMS 2025), describing it as a landmark initiative for the country. Minister of Innovation, Science and Technology, Chief Uche Nnaji, conveyed his ministry’s full endorsement, calling the gathering unique and timely. He assured the organisers — the African ...
The Minister of Information and National Orientation, Mohammed Idris, has described President Bola Ahmed Tinubu’s recent temporary suspension of raw shea exports as a decisive step to unlock the vast economic potential of Nigeria’s shea industry and position the country as a global leader in shea products. Speaking as Special Guest of Honour at the ...
Vice President Kashim Shettima said on Tuesday that the sweeping economic reforms introduced by President Bola Ahmed Tinubu demonstrate both political resolve and responsiveness to the concerns of Nigerians. He made the remarks at the 66th Annual Conference of the Nigerian Economic Society (NES), noting that while the reforms are difficult, they remain the most ...
Leadway Holdings Limited, one of Nigeria’s largest diversified financial services groups, has unveiled a major strategic move to acquire full ownership of Pensions Alliance Limited (PAL Pensions), one of the country’s leading Pension Fund Administrators (PFA). The transaction, confirmed in a statement by Leadway Holdings on Sunday, also covers the transfer of ownership stakes from ...
Leadway Holdings Limited, one of Nigeria's largest diversified financial services groups, has unveiled a major strategic move to acquire full ownership of Pensions Alliance Limited (PAL Pensions), one of the country’s leading Pension Fund Administrators (PFA). The transaction, confirmed in a statement by Leadway Holdings on Sunday, also covers the transfer of ownership stakes from ...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has partnered with Mastercard to launch a prepaid card designed to expand financial access and promote digital payment adoption across Africa. Announced on Tuesday, the card aims to bring banking services to individuals who have long been excluded from formal financial systems, including young adults, gig ...
By Olakunle Oke The Federal Government has announced a sweeping plan to restructure the Nigerian Postal Service (NIPOST) through a franchise model designed to boost efficiency and expand service delivery across the country. The reform, led by Postmaster General Tola Adeyemi, is set to unify the long-fragmented postal system and transform Post Offices into one-stop ...
A total of ₦39.86 billion was disbursed to 8,408 Retirement Savings Account (RSA) holders in the first quarter of 2025 as equity contributions for residential mortgages. The Chief Executive Officer of the Pension Fund Operators Association of Nigeria (PenOp), Mr Oguche Agudah, confirmed the development in an interview with journalists on Tuesday in Lagos. Agudah ...
By Olakunle Oke CBN Policies, Renewed Confidence Drive Surge in Diaspora Remittances The Nigerians in Diaspora Commission (NiDCOM) has credited recent Central Bank of Nigeria (CBN) policies and growing confidence in the nation’s financial system for a sharp rise in remittances from Nigerians abroad. NiDCOM Chairman and Chief Executive Officer, Abike Dabiri-Erewa, made the remarks ...
By Seun Ibiyemi President Bola Ahmed Tinubu has declared that Nigeria will no longer rely on domestic borrowing to finance its operations after his administration surpassed its projected non-oil revenue target for 2025. Addressing a delegation of the Buhari Group on Tuesday at the Presidential Villa, the President announced that non-oil tax revenue for the ...
In a heartfelt tribute to a decade of visionary leadership, President Bola Ahmed Tinubu has extolled the remarkable leadership and achievements of Dr. Akinwumi Adesina, the outgoing President of the African Development Bank (AfDB) Speaking at the book unveiling and send-off ceremony held at the African Development Bank Headquarters in Abidjan, Côte d'Ivoire, the President ...
A mechanic in Lagos, a computer technician in Osun, a retired civil servant in Abuja, and a wood merchant in Imo are the latest everyday Nigerians to become millionaires through First City Monument Bank's (FCMB) ongoing Millionaire Promo Season 10. Yusuf Abdulrasak, an automobile mechanic; Taiwo Adeagbo, a computer technician; Victor Ifeachor, a retired civil ...
By Seun Ibiyemi The Nigeria Customs Service (NCS), Federal Operations Unit, Zone A (FOU A), has announced major interceptions of firearms, ammunition, and two industrial drones in coordinated enforcement operations across the Southwest region. According to a statement signed by Comptroller Mohammed Shuaibu, the seizures were part of an ongoing offensive against smuggling networks threatening ...
Stanbic IBTC Bank has restated its commitment to promoting a sustainable savings culture in Nigeria with the successful hosting of the fourth monthly draw of its Reward4Saving Promo – Season 4. The event, held in Lagos, produced 70 winners across the Bank’s seven business zones, each walking away with ₦100,000. Winners qualified by maintaining a ...
Hon. Abike Dabiri-Erewa, Chairman/CEO Nigerians in Diaspora Commission (NIDCOM) has attributed the recent unprecedented increase in diaspora remittances to the Renewed Hope policies of the Central Bank of Nigeria and the trust and confidence Nigerians in diaspora have in the system. In a statement issued by the Commission's Spokesperson, Abdur-Rahman Balogun, she described the boost ...
By Seun Ibiyemi The Nigerian Maritime Administration and Safety Agency (NIMASA) has concluded a high-level strategic retreat aimed at aligning its operations with both Presidential and Ministerial priorities for the maritime and blue economy sector. The retreat, which brought together departmental and unit heads, culminated in the signing of Performance Bonds with the Agency’s Executive ...
The Corporate Affairs Commission (CAC) has postponed the rollout of revised fees for its services, setting a new implementation date of October 1. In a public notice issued over the weekend in Abuja, the Commission said the decision was taken to prioritise the full stabilisation of its upgraded Company Registration Portal (CRP), which is expected ...
