Business news
The Director General, National Information Technology Development Agency (NITDA), Mallam Kashifu Inuwa Abdulahhi, CCIE said that to achieve Digital Transformation in Nigeria, there is need was to efficiently use of the vast opportunities embedded in the Space Technology ecosystem. Abdullahi made this call at the Corporate Headquarters of the Agency when he met with delegates […]
The National Drug Law Enforcement Agency, NDLEA, has intercepted a container load of Tramadal at the Apapa seaport in Lagos, just as its operatives have arrested 90 persons including an Indian during raids of some drug cartels in parts of Lagos where a total of 614.396 kilograms of various hard drugs were seized. At the […]
20 companies which successfully passed through SONs Mandatory Conformity Assessment Programme (MANCAP) in Anambra State has been awarded certificates by the Standard Organization of Nigeria (SON). As revalidation of certificates take place every three years, some were recertified while some were issued certificate for their product for the first time. Director General of SON, Farouk […]
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the Bank’s decision to prohibit deposit money banks, non-banking institutions and Other Financial Institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian depositors and the country’s financial system. Mr. Emefiele made the declaration on Tuesday, February 23, 2021, […]
The securities and Exchange Commission, has stated that it is committed to enhancing financial inclusion in the country through technology. Director General of the SEC, Mr. Lamido Yuguda stated this at the joint session of the Senate Committee on Banking, Insurance and other Financial Institutions, Capital Market and ICT and Cyber Crime in Abuja, Tuesday. […]
Following the sudden rise in value and acceptability of Cryptocurrencies and the search by investors for alternative places to put their money, 60 per cent of Central Banks across the globe are under pressure to issue sovereign digital currency. An Economist and Chief Executive Officer, Global Analystics Tope Fasua who disclosed this on Tuesday at […]
To further enable its customers to do more conveniently and efficiently, innovative and digitally-led financial institution, Wema Bank, has added more features to its corporate internet banking platform, ALAT For Business. ALAT For Business is the bank’s revamped Corporate Internet Banking platform designed to help customers manage their business account better and stay on top […]
The Nigerian Debt Capital Market (“DCM”) has continued to witness significant activity among corporates seeking a viable avenue to raise capital to meet their financing needs. To this end, FMDQ Securities Exchange Limited (“FMDQ Exchange” or “the Exchange”) is again pleased to announce and welcome the registration of the Parthian Partners Limited ₦20.00 billion Commercial […]
The Standards Organisation of Nigeria (SON) has expressed its plans of becoming a high performing agency through effective deployment of information and communication technology. This was one of the outcomes of the organisation’s strategic management retreat held in Calabar, Cross Rivers State last week at which the agency committed to giving automation of its services […]