Nigeria has seen an improvement in the rate of financial inclusion. Mature Nigerians with bank accounts now make up over two-thirds of the financially included population, up from a small percentage before the nation adopted an inclusion policy in 2012. The 2023 Report on Access to Financial Services in Nigeria […]
In a statement released on Sunday, the Presidency dismissed former Vice-President Atiku Abubakar’s attempt to criticize the government’s foreign exchange policy, asserting that it had failed to gain traction. The Presidency highlighted that the Central Bank of Nigeria (CBN) is actively implementing measures to stabilize the Naira. Atiku Abubakar recently […]
Andrew Emwanta, the former Commissioner for Communication and Orientation in Edo State, has officially stepped down from his position within the All Progressives Congress (APC) party. His decision to resign stems from his discontent with the flawed gubernatorial primaries held recently. During the primaries, there was a discrepancy in the […]
In a meeting convened by Tokunbo Wahab to address solid waste management, the Lagos State Government has officially initiated the strict enforcement of a ban on the use and sale of Styrofoam containers within the state. The Commissioner for the Environment and Water Resources emphasized the urgency of this measure, […]
To stem the tide of illegal oil theft and economic sabotage plaguing Nigeria, the Nigeria Police Force (NPF) has ramped up collaboration with private security contractors (PSCs) engaged by the Nigeria National Petroleum Company Limited (NNPCL), notably Tantita Security Services. This collaborative approach, which also involves the military and other […]
In the pursuit of national development and security, Nigeria has embarked on a transformative journey that recognizes security as not just the absence of war, but the comprehensive well-being of its citizens. Embracing the principles of ‘The New Security Agenda,’ which encompasses human security, environmental security, economic security, and political […]
Globacom, a leading provider of digital telecommunications solutions, has announced the commencement of a new season of its recharge-based loyalty reward promotion, ‘Glo Rewards- Cashtoken’. The company has stated that both existing and potential customers using prepaid platforms are eligible to participate and stand a chance to win exciting rewards […]
FBNQuest, the investment banking and asset management arm of FBN Holdings Plc, has released its latest Economic Outlook Report forecasting Nigeria’s Gross Domestic Product (GDP) to grow by 3.1% in 2024. The report, which offers insights into the macro economy, socio-political landscape and capital market trends, provides a comprehensive analysis […]
To enhance data protection measures and accountability in Nigeria, the Nigeria Data Protection Commission (NDPC) has released a crucial Guidance Notice mandating the registration of data controllers and processors in accordance with the Nigeria Data Protection Act (NDPA) of 2023. The Guidance Notice, marked NDPC/HQ/GN/VOL.02/24, serves to clarify the types […]
The Dangote Refinery, which is the Africa’s largest petroleum refinery, has taken a bold step towards profitability by announcing plans to export its first two fuel cargoes. The news came after much anticipation from Nigerians who have been eagerly waiting for the refinery’s contribution to the Nigeria’s economy since its […]
