General
General Science & Technology TeleCom

NITDA seeks collaborative funding to improve digital economy

The National Information Technology Development Agency (NITDA) has called for collaboration with multinational stakeholders towards developing Nigeria’s digital economy. The Director-General of the agency, Kashifu Inuwa, made the call at the 2023 NITDA/Federal Inland Revenue Service (FIRS) stakeholders engagements forum, on Tuesday, in Lagos. Kashifu appealed to the stakeholders to imbibe a sense of responsibility […]

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Economy Health Oil & Gas

NLNG begins 2nd phase hospital support programme

The Nigeria LNG (NLNG) has signed a Memoranda of Understanding (MOU) with three Nigerian teaching hospitals to flag off the second phase of its multi-billion-naira hospital support programme (NLNG-HSP). The NLNG-HSP is NLNG’s national Corporate Social Responsibility initiative, according to Andy Odeh, General Manager, External Relations and Sustainable Development. CSR initiative, Odeh said in a […]

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Law / Crime

My wife accuses me of impregnating her maid – husband tells court

A businessman, Anthony Domi, on Thursday, told a Customary Court in Nyanya Abuja, that his wife, Ella Obiora, was accusing him of impregnating her maid. The respondent said this in his defence, in a divorce petition filed by his wife. “I impregnate the young lady due to an agreement between me and my wife, which […]

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Science & Technology TeleCom

NCC redeploys 2 directors, others

The Nigerian Communications Commission (NCC) at the weekend announced the redeployment of two directors and other senior officers to key departments in the commission. The redeployment is contained in a statement issued by Reuben Muoka, Director of Public Affairs at NCC. Under the new arrangement, Dr Alhassan Haru moves to the Technical Standards and Network […]

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Science & Technology TeleCom

Nairaxi emerges winner in NCC’s young innovators’ competition

Nairaxi, a mobile ridesharing app, that enables users to request taxi and bus rides tagged has emerged overall winner at the young innovators’ competition. The Nigerian Communications Commission (NCC) organised the competition at the Digital Bridge Institute, Oshodi, Lagos. The company took the coveted prize, valued at N2 million. Kingsley Eze, Co-Founder/Chief Executive Officer and […]

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Banking & Finance Economy Security Uncategorized

ASSBIFI issues stay-at-home order to banks workers over attacks

The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has ordered its members to stay at home for safety of their lives. This is contained in a circular ANS/1IR/JAOP/5018 issued to unit presidents and secretaries by National President, Olusoji Oluwole on Friday. The order is a sequel to attacks on deposit banks […]

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Politics

INEC creates additional 56,872 polling units

The Independent National Electoral Commission (INEC) has created additional 56,872 polling units to make the voting process easier for Nigerians. INEC Chairman, Prof. Mahmood Yakubu, said in a statement the new polling units were created to decongest overpopulated ones. Yakubu said INEC would send bulk SMS messages to voters that have migrated to new polling […]

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Politics

Currency swap: Tinubu asks traders not to despair

APC presidential candidate, Bola Ahmed Tinubu, says his background as a son of a market woman made him appreciate the unintended hardship caused by the ongoing naira swap policy. Tinubu spoke at a town hall meeting with market leaders from around the country, on Friday evening in Abuja. He said his cries were informed by […]

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Banking & Finance Economy

Banks not authorised to accept old N500, N1,000 – CBN

The Central Bank of Nigeria (CBN) says it has not authorised any Deposit Money Banks (DMBs) to accept the old N500 and N1,000 banknotes. The apex bank described, as false, the news going around to that effect. The news that the apex bank authorised DMBs to accept the old notes broke on Friday and went […]

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Business Foreign News Transportation

Mercedes-Benz boosts profitability in 2022

The 2022 annual report of Mercedes-Benz Group AG, published on Friday, showed a modest increase in the German carmaker’s unit sales and profitability. Last year, Mercedes sold 2.45 million vehicles, against 2.32 million vehicles in 2021. The company’s EBIT (earnings before interest and taxes) rose by 28 per cent year-on-year to $21.8 billion (20.5 billion […]

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