Kwara ACF Commends President Tinubu Over Dr Ghali Alaya’s Appointment as Non-Executive Director of NNPCL
The Arewa Consultative Forum, Kwara State chapter has commended President Bola Ahmed Tinubu for appointing the state Chairman of the Forum, Dr Ghali Alaya as Non-Executive member of the Nigerian National Petroleum Corporation Limited (NNPCL). In a statement signed by State Publicity Secretary Malam Yusuf Olayinka Erubu and State Secretary Alh Abdullahi Yusuf respectively stated…
Prime Times
Maida Promises Support for Meta on Undersea Cable Initiative
Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has said the support of the Commission awaits law-abiding investors like Meta, (formerly Facebook), which responds positively to Nigeria’s desire for investments that promote the agenda of government to achieve a robust digital economy. This is contained in…
CBN Mandates Banks on the Use of BVN, NIN for Transactions from 1 March, 2024
Central Bank of Nigeria (CBN) has mandated the enforcement of the use of Bank Verification Numbers (BVN) and National Identity Numbers (NIN) for all bank transactions starting from March 1, 2024. The CBN’s circular, jointly signed by Chibuzo Efobi, Director of Payment System Management Department, and Haruna Mustafa, Director of Financial Policy and Regulation Department,…
Supreme Court Rules: Old Naira Notes to Remain Legal Tender Until…
Supreme Court of Nigeria has ruled on that the Old Naira notes will remain legal tender in Nigeria till further notice. Recall that in March 2023, the apex court had extended the deadline to phase out old Naira notes to December 31, 2023. In addition, the federal government also filed for an extension for the…
Fidelity Bank Set to Host 2-Day Family Entertainment Fiesta
Fidelity Bank set to host 2 days of Family Entertainment …announces maiden edition of its Fidelity Family Weekend Fiesta. In the spirit of the Yuletide, leading financial institution, Fidelity Bank Plc, has announced plans to host the maiden edition of the Fidelity Family Weekend. Scheduled to hold on Saturday, 16 and Sunday, 17 December 2023…
Old, Re-design Naira Banknotes Remain Legal Tender – CBN
All banknotes issued by the Central Bank of Nigeria (CBN), in accordance with Section 20(5) of the CBN Act 2007, will continue to remain legal tender, ad infinitum, even beyond the initial December 31, 2023, deadline. The Central Bank of Nigeria is working with the relevant authorities to vacate the subsisting court ruling on the…
IMBLN To Host 2023 National Conference on Mortgage, Real Estate in Abuja
Mortgage Brokers Institute Vows To Clampdown on Fraudulent Developers Sets To Hold Mortgage Conference in Abuja The Institute of Mortgage Brokers and Lenders of Nigeria (IMBLN) has vowed to clampdown on fraudulent/unlicensed developers, mortgage professionals and real estate promoters across the country. The IMBLN Management gave this hint in a statement issued on…
2023 Talent Hunt Research Through Hackathon: NCC Uncovers, Rewards the Brightest Minds in Tech Industry
By Abdulrahman Aliagan, Abuja The Nigerian Communications Commission (NCC) held its highly anticipated NCC 2023 Talent Hunt Research through Hackathon recently, showcasing the incredible talent and innovation within the country’s tech industry. The event, was held at the Nigerian Communications Commission Head Office, Plot 423 Aguiyi Ironsi Street, Maitama, Abuja, drew participants from various sectors…
There’s Urgent Need to Prioritise CBN Independence – University Don
The Federal Government has been advised to prioritise the independence of the Central Bank of Nigeria, CBN, while addressing other pressing economic issues in the country. Ngozi Egbuna, a visiting Professor of Economics at the Nnamdi Azikiwe University, Awka, made the remark in a paper titled, “Primacy of Price Stability: Options for the New CBN…
SecondSTAX, Nigerian Exchange Partner to Drive Investment Inflow into Nigeria’s Capital Markets
Tech firm, SecondSTAX has announced a new partnership with the Nigerian Exchange Limited (NGX) to enable institutional investors from across Africa to directly invest into Nigeria’s capital markets. The new partnership was established in close collaboration with Afrinvest (West Africa) Limited, a leading capital market holding company in Nigeria active in six principal areas: investment banking,…