The Central Bank of Nigeria (CBN) has revoked the operational licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc. In a statement, CBN Acting Director, Corporate Communications Department, Mrs Hakama Sidi Ali said the action is part of its efforts to re-position the mortgage sub-sector and promote a culture of…
Anambra State has reaffirmed its position as a national leader in digital innovation and governance by sweeping four major awards at the 13th Meeting of the National Council on Communications, Innovation and Digital Economy (NCCIDE) held at the Crispan Suite & Event Centre (Gowon Hall), Opposite Air Force Base, Rayfield, Jos, Plateau State. With the…
The Chairman, Cavista Holdings and Corporate Council on Africa, Niyi John Olajide, has called on African leaders to close ranks and create enabling business environments that facilitate cross-border investment and economic integration across the continent. Olajide emphasized that Africa’s economic future depends on nations moving beyond rhetoric to establish practical frameworks for regional cooperation and…
The House of Representatives Joint Committee on Petroleum Resources (Downstream and Midstream) stepped into the crisis between Dangote Refinery Group founder, Alhaji Aliko Dangote and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The joint committee has invited both parties to present the grievances before the joint committee for immediate resolution and appealed to…
The Federal Government has called for intensified Public-Private- Partnership (PPP) towards the revitalisation of 38 moribund livestock legacy facilities across the six geopolitical zones in the country. Minister of Livestock Development, Alhaji Idi Maiha, made the call at the Specialised Training on PPP organised by the ministry in Abuja. He identified some of the facilities…
The Federal Government of Nigeria has secured a $1 billion innovation fund to support start-ups operating in the marine and blue economy sector, as the country intensifies efforts to diversify its economy away from oil. The Chief Executive Officer, Maritime Innovations Hub, Mrs Ronke Kosoko, disclosed during a press conference organised in collaboration with the…
Microsoft, in collaboration with the Federal Government, Data Science Nigeria (DSN), and Lagos Business School (LBS), has reached over 350,000 Nigerians with artificial intelligence (AI) skills through its AI National Skills Initiative (AINSI). This achievement builds on Microsoft’s longstanding partnership with the government, which has delivered digital training to over 4 million people since 2021….
Global energy technology company, Schneider Electric has restated its commitment to working with the relevant authorities in Nigeria to advance the United Nations (UN) Sustainable Development Goals (SDGs), particularly in the areas of quality education and decent work and economic growth. Country President, Schneider Electric, West Africa, Ajibola Akindele, reaffirmed the company’s dedication to expanding…
An indigenous tech firm, Edgebase Technologies, has said its focus would be on investing in emerging technologies such as Artificial Intelligence (AI)-driven infrastructure and advanced cybersecurity to help clients anticipate and manage risks early. Speaking in Lagos during a media interactive forum to mark its two decades of operation in the country, its Chief Executive…
