LAGOS — The Information and Communications Technology, ICT, the sector has shown great stability in recent years, holding off bad economic conditions, to contribute handsomely to the nation’s Gross Domestic Product, GDP. However, the sector, buoyed by the huge contribution of the telecommunications sub-sector is beginning to show weak signals which industry operators are not comfortable […]
The President, Nigerian Academy of Letters, Professor Sola Akinriade has warned that fake research output is dangerous to national development, saying the practice must be effectively tackled. He also stressed the need for the Federal Government to appoint credible individuals, who understood the demands of the academics, into the governing council of the various institutions in […]
IBADAN—THOUSANDS of students of the University of Ibadan, UI, Oyo State, yesterday, staged a protest against a hike in school fees and a power outage at the school. As early as 8 a.m., the angry students moved in large numbers to all the entrances of the institution and blocked them. Both academic and non-academic staff […]
The Customs Area Controller, CAC Tin Can Island Port, TCIP Command of the Nigeria Customs Service, NCS, Comptroller Dera Nnadi, has revealed that the Time Release Study, TRS, would be ready and unveiled to the international trade community in September this year. The World Customs Organisation, WCO assisted TRS was launched in TCIP in February 2024 […]
Stakeholders are seeking for ways to better and promote gender inclusivity and ensure that women take on leadership positions in the oil and gas industry. At the annual Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, Women Annual Convention, PWAC, with theme: The dynamic woman navigating challenges in a constantly evolving world, President of […]
Keystone Bank Limited, a leading financial institution in Nigeria which recently emerged as the ‘Retail Bank of the Year’ at the Africa Industrial and Development Conference and Awards 2024, reiterated its commitment to excellent service delivery and support to its teeming customers at an exclusive engagement session with its customers, held at the Capital Club […]
Advocacy groups have urged the House of Representatives Committee on Solid Minerals to increase the extraction net value revenue to host communities from mining proceeds from five percent proposed in the re-enacted Minerals and Mining Bill 2023 to 10% and want it reviewed upwards periodically. The recommendation was made in a memorandum presented by the […]
The Naira yesterday depreciated to N1, 570 per dollar in the parallel market from N1,550 per dollar on Tuesday. Similarly, the Naira depreciated to N1, 581.65 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,581.65 per dollar from N1,576.66 per […]
Following recent engagements with the Securities and Exchange Commission and the Central Bank of Nigeria, the Governing Council of FintechNGR, led by Ade Bajomo, the president, engaged with Dr Aminu Maida, executive vice chairman of the Nigerian Communications Commission and his management team. This meeting aimed to deepen the role of the telecommunications sector as a crucial […]
The Financial Reporting Council (FRC), the Ministry of Finance Incorporated (MOFI), and the Institute of Directors Center for Corporate Governance have issued the exposure draft of the code of corporate governance guidelines for the public sector. Rabiu Olowo, the Executive Secretary/Chief Executive of the FRC, and Armstrong Takang, the Chief Executive of MOFI, made this […]
