The Director, Research Environment Policy Research Center, Prof. Nnemeka Chukwuone has disclosed that revenue projection from the carbon market may to go over $2billion by 2030. This he said will be achieved through job creation, adding that if things are done the right way,the financial projection will hit record high. The gains are very enormous,…
The Corporate Affairs Commission (CAC) is exploring the deployment of Artificial Intelligence (AI) to perform routine operational tasks such as name reservation and even registration. Its Registrar-General, Hussaini Ishaq Magaji, disclosed this at the in House Enforcement and Compliance Training for state offices in Abuja, stating that the organogram of the Commission will be dismantled…
One of Africa’s leading integrated payments and digital commerce companies, Interswitch, has announced the winners of the InterswitchSPAK National Science Competition, its flagship Corporate Social Responsibility (CSR) initiative. Now in its 6th year, InterswitchSPAK was introduced to celebrate exceptional young talent as part of Interswitch’s commitment to promoting Science, Technology, Engineering, and Mathematics (STEM) education…
Chairman, Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya has called on the government to uphold Section 3.3 of the Local Content Act 2010 to give first consideration to local contractors in divested assets. Ogunsanya, made this call during the Industry Stakeholders for the Petroleum Industry Stakeholders forum (PISF) organised by the Ministry of…
After a prolong agitation for an increase in end user telecom tariffs in the country by mobile carriers, regulator of the sector, Nigerian Communications Commission (NCC) has approved a 50 per cent hike. And like a red rag to a bull, telecom subscribers have kicked against the approval which they said reflected the fact that…
The Minister of Aviation and Aerospace Development, Festus Keyamo, has flagged off the construction of the XEJet flight support and engineering centre worth $10 million. The centre, when completed, would serve as an engineering centre, a private terminal for business aviation and a design centre. The Minister said the facility would attract investment within the…
The Nigeria Inter-Bank Settlement System (NIBSS) has said enrollments for the bank verification number (BVN) increased to 64.83 million in January. According to data from the NIBSS, the figure represents an increase of 1.35 million, compared to the 63.47 million recorded in January 2024. The BVN is an 11-digit number unique to each individual across…
BPR Hub, a San Francisco and Bangalore, India based company has announced a $2.6 million seed funding round to help manufacturers finally solve their critical challenge. Every day, manufacturers wrestle with increasing complex regulatory requirements imposed by clients and regulatory bodies. Small and medium-sized manufacturers (SMEs) in particular struggle to stay compliant while managing day-to-day…
Konga’s annual Jara campaign has sparked excitement among Nigerian shoppers, offering timely discounts of up to 50% across various product categories. The initiative, themed “Confam New Year Deals,” has emerged as a vital lifeline for consumers navigating the financial challenges typical of January. Market analysis shows a significant surge in essential household purchases, with electronics,…
