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28m Nigerians lack access  financial services — CBN

28m Nigerians lack access  financial services — CBN

•Says recapitalisation will enhance financial inclusion  By Babajide Komolafe  The  Central Bank of Nigeria, yesterday said that over 28 million Nigerians still lack access  to formal financial products and services in spite of a reduction in the country’s financial exclusion rate to 26% in 2023 from 46.3% in 2010. The CBN however said that the ongoing […]

Okegbue honoured with security and philanthropy awards

Okegbue honoured with security and philanthropy awards

Amb. Chief Nzeribe Okegbue, PhD, Chairman and CEO of Combatant Guards Limited, has been nominated for the 18th Africa Security Watch Awards, organised by the esteemed Security Watch Africa. The awards ceremony, set to take place from December 10-12, 2024, in Doha, Qatar, will honour Dr. Okegbue with the Gold Star Award for Security and […]

UBA, Mastercard introduce debit card with benefits 

UBA, Mastercard introduce debit card with benefits 

United Bank for Africa (UBA) Plc, has collaborated with Mastercard to launch a commemorative debit card in celebration of UBA’s 75th anniversary. This collaboration aims to honour UBA’s long-standing customer relationships and enhance their banking experience with a range of offers and discounts across multiple platforms. UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, who spoke […]

Building the next generation of fintech with intelligent DevOps

Building the next generation of fintech with intelligent DevOps

By Faith Ukone Emmanuel Ahaiwe is building the future of financial technology from the ground up, engineering systems that are as intelligent as they are resilient. His work represents a significant evolution in DevOps, deeply influenced by his ongoing studies and research in Artificial Intelligence and Machine Learning. He is currently focusing on the practical […]

16 major firms incur loss of N792bn — MAN

16 major firms incur loss of N792bn — MAN

•Raises alarm as naira float deepens forex crisis By Providence Ayanfeoluwa The Manufacturers Association of Nigeria, MAN, yesterday said that 16 major manufacturing firms incurred cumulative losses amounting to N792 billion between 2023 and 2024.  Also, Chairman, Ogun State Manufacturers Association of Nigeria, MAN, Mr. George Onafowokan, raised alarm over the unprecedented crisis facing the manufacturing […]

Why building collapse persists in Nigeria – SON DG

Why building collapse persists in Nigeria – SON DG

…As Minister Charges stakeholders to unite for safe construction By Emmanuel Elebeke The Director General/Chief Executive of the Standard Organisation of Nigeria (SON), Dr. Ifeanyi Chukwunonso Okeke, has attributed the recent cases of building collapse in Nigeria to non-adherence to standards and codes of practice in the construction process. Dr. Okeke made this statement yesterday […]

Firms’ confidence in economy falls 3.2 index points — CBN

Firms’ confidence in economy falls 3.2 index points — CBN

•Expect further Naira depreciation  By Babajide Komolafe & Elizabeth Adegbesan  Businesses have expressed less confidence in the  economy with the Overall Confidence Index as  the next three months fell  by 3.2  index points to 14.5 from 17.7 index points. This was the highlight of the Business Expectation Survey, BES of the Central Bank of Nigeria, CBN, […]

CSOs urge senate to drop Mine Rangers Bill

CSOs urge senate to drop Mine Rangers Bill

The Coalition of Civil Society Groups on Efficiency in Governance has urged the Nigerian Senate to drop the controversial Nigerian Mine Rangers Service (NMRS) Bill (SB 253) which it believes is needless and a duplication of the duties of the Nigerian Security and Civil Defence Corps (NSCDC).

Okowa not invited by EFCC over derivation fund —Aide

Okowa not invited by EFCC over derivation fund —Aide

Former governor of Delta State, Ifeanyi Okowa, has clarified that his recent invitation by the Economic and Financial Crimes Commission, EFCC, has nothing to do with an alleged 13 percent derivation fund diversion.

AfCFTA: AfDB moves to support ship acquisition for  ship owners 

AfCFTA: AfDB moves to support ship acquisition for  ship owners 

By Godwin Oritse The African Development Bank (AfDB) has initiated talks with key stakeholders in the African Continental Free Trade Agreement (AfCFTA) to support vessel acquisition for African ship owners. Disclosing this in Lagos at the quarterly meeting of the Nigerian Association of Master Mariners, NAMM, Captain Sunday Umoren, Secretary General of the Abuja Memorandum of […]

Owie congratulates Okpebholo on assumption of office

Owie congratulates Okpebholo on assumption of office

Senator Rowland Owie, former Senate Chief Whip has extended his congratulations to the newly inaugurated Governor of Edo State, Distinguished Senator Monday Okpebholo, and his Deputy, the Right Honorable Denis Idahosa. According to him, this landmark transition, represents a fresh chapter of hope and dedication to the citizens of Edo. Senator Owie emphasized that with […]

Pre-COP29: Plateau takes climate action, engages stakeholders

Pre-COP29: Plateau takes climate action, engages stakeholders

As part of its ongoing commitment to environmental sustainability, Plateau State brought together diverse stakeholders for a critical Pre-COP29 workshop titled, “A Sustainable Green Plateau in Solidarity for a Green World.” Hosted by Youth for Environmental Sustainability and Development (YESD), in partnership with Murya Na Environmental Sustainability and Development Initiative, and Vanguard for Environmental Sustainability, […]