The Nigeria Customs Service (NCS), in collaboration with other law enforcement and regulatory agencies, has held a sensitisation exercise for international airline operators at the Nnamdi Azikiwe International Airport, Abuja in a proactive move to strengthen Nigeria’s anti-money laundering efforts. .The session, the Service said, aimed to increase awareness on the importance of enforcing Nigeria’s…
The Central Bank of Nigeria (CBN) has clarified that there are no hidden charges attached to transactions on Non-Resident Bank Verification Number (NRBVN) platform. The apex bank affirmed that no hidden fees have been introduced and that the BVN enrolment for Nigerians residing within the country remains entirely free of charge. The bank’s Acting Director…
Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has said the country’s airports are operated at a loss without private sector involvement, stressing that the Federal Government could no longer sustain them profitably. Keyamo, who spoke at the launch of Enugu State’s indigenous airline, Enugu Air, said: “There is no government that can run…
The Federal Government has urged the judiciary to develop new approaches to resolving disputes within Nigeria’s capital market, describing the market as more than a simple trading platform but a critical pillar for economic transformation. Vice President Senator Kashim Shettima, represented by Dr. Tope Fasua, Special Adviser to the President on Economic Affairs, made the…
Ford CEO Jim Farley has warned that the increasing embrace of Artificial Intelligence (AI) will axe half of white-collar jobs. He has become the latest corporate exec to sound the alarm about AI’s impact on workers. During the Aspen Ideas Festival, he highlighted the importance of the “essential economy”—which he defined as everything that gets…
With the commissioning of the new 330/132/33kV Bauchi Transmission Substation in Bauchi town, the Transmission Company of Nigeria (TCN) has added 240Mw to The Nation grid. Its GM, Public Affairs, Ndidi Mbah disclosed this in a press statement yesterday. She said, “The Transmission Company of Nigeria (TCN) has successfully commissioned a new 330/132/33kV Bauchi Transmission…
Nigeria, through the Nigerian Communications Commission (NCC), has won the 2025 World Summit on the Information Society (WSIS) prize for its project, the Digital Awareness Programme (DAP), under Category C3, which is on Access to Information and Knowledge. The DAP, one of hundreds of projects submitted for the WSIS Prizes competition 2025, received the highest…
Google has selected 15 startups from across Africa for the ninth cohort of its Google for Startups Accelerator Africa. The chosen ventures, representing Ghana, Ethiopia, Kenya, Nigeria, Rwanda, Senegal, and South Africa, are using artificial intelligence (AI) to address pressing issues in sectors ranging from fintech and healthtech to agritech and logistics. According to Google,…
The Federal Government has commissioned the fully refurbished and restored Kano Digital Industrial Park, reaffirming its commitment to inclusive digital growth, youth empowerment, and strong private sector collaboration. The facility, which suffered significant damage during the August 2024 protests, has now been fully restored through a generous intervention by IHS Nigeria. The commissioning ceremony, which…
