The Board of Unity Bank has appointed Mr Ebenezer Kolawole as the Acting Managing Director of the Bank, following recent leadership changes. This appointment comes after the retirement of Mrs Oluwatomi Somefun, who completed her tenure as Managing Director, with necessary approval from the Central Bank of Nigeria (CBN). In a statement on Wednesday, Unity…
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has sought partnership with the Chinese government on agriculture and vocational training with focus on Information and Communication Technology (ICT). Wike appealed for the support when the Chinese Ambassador to Nigeria, Mr Yu Dunhai, visited him in Abuja on Tuesday. He explained that the…
The African Development Bank (AfDB) has invested over $8 billion in water infrastructure across 40 African countries since 2000, benefiting more than 92 million people. Mr Johannes Chirwa, Director, Water Development and Sanitation Department, AfDB, said this at the African Ministers’ Council on Water (AMCOW) West Africa sub-regional meeting in Abuja on Tuesday. Chirwa was…
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has sought partnership with the Chinese government on agriculture and vocational training with focus on Information and Communication Technology (ICT). Wike appealed for the support when the Chinese Ambassador to Nigeria, Mr Yu Dunhai, visited him in Abuja on Tuesday. He explained that the…
Mr Adegboyega Oyetola, the Federal Minister of Marine and Blue Economy, has emphasised that Africa’s contributions are crucial in shaping global shipping policies, with 90 per cent of the continent’s trade being seaborne. Oyetola said this on Tuesday in Abuja during the African Strategic Summit on Shipping Decarbonisation. The two-day summit, hosted by the Ministry…
Tech giant Google on Tuesday announced it’s plans to acquire Wiz, an online cloud security platform, for 32 billion dollars in an all-cash transaction. The Alphabet-owned company expects the acquisition to accelerate cloud security and enhance the ability to use multiple clouds. The U.S. giant also believes the purchase will help protect against security threats…
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr Zack Adedeji, has restated commitment to supporting initiatives that drive tax policy development and capacity building in Nigeria, and across the West African region. “We recognise the importance of domestic resource mobilisation in achieving economic development and growth,” Adedeji said, at the West African…
The Federal Government has forged pivotal partnership with African Export-Import Bank (Afrexim Bank) and others toward ensuring that the creative and tourism sector contributes meaningfully to the nation’s economy. Hannatu Musawa, Minister of Arts, Culture, Tourism, and Creative Economy, disclosed this in a statement on Tuesday in Abuja. Musawa said the partnerships were initiated and…
Following the successful completion of an economic and safety audit, the Director-General, Nigeria Civil Aviation Authority (NCAA) has approved for Max Air to resume its domestic flight operations. Recall that, Max Air voluntarily suspended its domestic operations for 90 days after a series of incidents on its flights. This decision, effective from midnight on January…
The Pension Fund Operators Association of Nigeria (PenOp) has assured the National Pension Commission (PenCom) that its members will comply with the recent directive to settle all pension benefits within three working days. The News Agency of Nigeria (NAN) reports that the National Pension Commission has mandated Pension Fund Administrators (PFAs) and Fund Custodians to…
