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…
An oil marketing group, Independent Petroleum Marketers Association of Nigeria (IPMAN), has advised Nigerians not to fret over potential hike in the pump price of petrol as the prices of crude oil rallies in the international market. Its National President, Mr Abubakar Shettima assured that members of the association will continue to serve the masses…
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…
The wealth of the world’s billionaires including Nigeria’s Aliko Dangote, Tesla and SpaceX chief executive, Elon Musk and others grew by $2trillion (£1.64trillion) in 2024, three times faster than in 2023, amounting to $5.7billion a day, according to a report by Oxfam. Dangote, with a net worth of $11billionn, is Africa’s richest person, holding a…
