Former Commissioner of Police, AIG Hakeem Odumosu, has refuted rumors circulating online that he has been appointed as the chairman of the Economic and Financial Crimes Commission (EFCC). The news had claimed that President Bola Tinubu had approved Odumosu’s appointment as the acting Chairman of the EFCC. In a statement, […]
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Communities in the Ifo Local Government Area of Ogun State are reeling from the aftermath of a rainstorm that has left landlords and residents homeless and in dire need of assistance. The affected areas include Oke-Aro, Matogbun, Olambe, Keredolu, Igbaotun, Araromi Oke-Odo, and Adio-Alausa. Amidst their plight, the affected individuals […]
Lagos-based telecommunications company Airtel has commenced the rollout of its fifth generation (5G) network in Nigeria, beginning with four locations: Lagos, Ogun, Rivers, and Abuja. Airtel aims to achieve nationwide coverage by the end of the current financial year, which typically concludes on March 31. To access the innovative service, […]
Nigeria’s groundbreaking approach to fostering its startup ecosystem through the development of the Nigeria Startup Act (NSA) was celebrated by global technology stakeholders during the Deep Tech Roundtable at ‘The Assembly,’ a strategic session of The Next Web (TNW) Conference. The event, held from June 15th to 16th, 2023, at […]
The Central Bank of Nigeria (CBN) has issued new guidelines aimed at promoting transparency, liquidity, and price discovery in the foreign exchange (FX) market, ensuring overall stability and boosting customer confidence. In a press statement titled “CBN Issues Further Guidance on Operational Changes to Foreign Exchange Market,” Dr. Isa Abdulmumin, […]
9Payment Service Bank (9PSB), Nigeria’s foremost digital payment service bank focused on financial inclusion, has reiterated the need for players driving financial inclusion to collaborate and provide innovative and tailor-made financial products and services to improve the lifestyle of the underserved, and thereby reduce drastically the gap in the country […]
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has invited international telecom companies and potential investors to take advantage of the opportunities presented by Nigeria’s population of over 200 million people to invest in its telecom sector, especially in infrastructure provisioning for broadband. Danbatta, who spoke […]
The Finance Act2023 was enacted on 28th May,2023. TheActamendedcertain provisions in the taxlaws. Consequently, taxpayers,tax practitioners and the general public ar ehereby invited to take notice that the amended provisions shall take effect as follows: (Download the pdf below:) ENACTMENT OF THE FINANCE ACT 2023
Olu A. Verheijen has been appointed as an Advisor for the organization. Verheijen, with nearly two decades of experience in the gas and renewables sectors across Sub-Saharan Africa, brings a wealth of expertise to her new role. Currently serving as the Managing Director at Latimer Energy, a renowned consulting firm […]
The Nigeria-Morocco Gas Pipeline Project, four significant Memoranda of Understanding (MOUs) were signed today at the headquarters of the Economic Community of West African States (ECOWAS) in Abuja. The signing ceremony marked an important milestone for the project, demonstrating the commitment of participating countries to the strategic initiative. The tripartite […]