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National Security

IG redeploys DIGs, AIGs, CPs to commands, formations

The Inspector-General (IG), Usman Baba, has ordered the redeployment of officers in three higher ranks of Nigeria Police formation to departments, commands and formations. The ranks affected are the Deputy Inspector-General (DIGs), Assistant Inspectors-General (AIGs) and Commissioners of Police (CPs). Force PRO, Olumuyiwa Adejobi, said this in a statement on Tuesday in Abuja. Adejobi explained […]

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Economy General Uncategorized

LIRS, FIRS collaborate on tax audit, information exchange

The Federal Inland Revenue Service (FIRS), has signed a Memorandum of Understanding (MoU) with Lagos Internal Revenue Service (LIRS) on joint tax audit, investigation and automatic exchange of information. Mr Johannes Wojuola, Special Assistant on Media and Communication of FIRS, announced this in a statement on Tuesday in Abuja. Wojuola said the CEOs of both […]

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Uncategorized

Thai shippers see slight export growth in 2023

Thailand’s exports are expected to expand one to two per cent this year, the country’s shippers’ council said on Tuesday. This expectation is weighed down by slowing global demand and high production costs, the shipper’s Council added. As main driver of economic growth, exports are subject to the strengthening of the Thai baht. This is […]

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Foreign News

Türkiye declares state emergency for quake-affected provinces

Turkish President Recep Tayyip Erdogan declared Tuesday a three-month state of emergency in 10 provinces of Türkiye hit by massive earthquakes. The decision is taken in order to ensure that search and rescue activities and subsequent studies can be carried out quickly, he said at a press conference. Death tolls from Monday’s powerful earthquakes in […]

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Foreign News

4 die as Namibia’s flooded region appeals for aid

One of the most flooded regions in northern Namibia is appealing for help after the death of four people in the past two weeks. The Oshana region, home to more than 170,000 people, together with another affected region – Ohangwena – were affected by the flood. Both regions had by Feb. 6 relocated more than […]

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Economy TeleCom

Fintech player commends NCC at AfricaNXT 2023 Show

A Fintech player, Lai Labode, the CEO of CashToken Africa has commended the Nigerian Communications Commission (NCC) for its efficient regulatory process that has deepened Nigeria’s digital economy. Labode, in a statement by NCC’s Director of Public Affairs, Reuben Muoka, gave the recommendation at the opening of the ‘AfricaNext show’ in Lagos, on Monday. The […]

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Banking & Finance Economy

NDIC boss predicts upsurge of MFBs listing on NAMB

The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has predicted more microfinance banks will join National Association of Microfinance Banks Unified Information Technology (NAMBUIT) platform this year. Hassan made the prediction at the 2022 NDIC Editors Forum. The theme of the Forum is “Deposit Insurance System (DIS) and Financial System Stability’’, on […]

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General Security

NDLEA seizes large consignments of drugs at Lagos airport

The National Drug Law Enforcement Agency (NDLEA) has confiscated large consignments of hard drugs at the Murtala Muhammed International Airport in Lagos. The Agency’s spokesman, Femi Babafemi, announced this in a statement on Sunday. Babafemi said the agency also arrested some persons suspected to be behind the drugs deal. Top on the list of arrests […]

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Foreign News TeleCom

Nigeria, Niger sign border frequency coordination agreement

Nigeria and Niger Republic have signed a bilateral agreement to coordinate frequency utilisation along their borders. This is contained in a statement signed by Reuben Muoka, the Director of Public Affairs at the Nigerian Communications Commission (NCC), on Sunday in Abuja. The agreement seeks to ensure seamless deployment of services within the two countries. Signing […]

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General Security

Abuse of Naira: IG orders arrest, prosecution of violators

…..Tasks supervising AIGs, CPs on enforcement of CBN Act The Inspector-General of Police, Usman Baba, has placed high-ranking police personnel on red alert to arrest and prosecute anyone selling or abusing Naira. The order is in furtherance of Federal Government’s policy to uphold provisions of Central Bank of Nigeria Act, 2007. It also aimed at […]

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