News articles

Amnesty asks ICC to probe Boko Haram conflict atrocities

Amnesty asks ICC to probe Boko Haram conflict atrocities

Amnesty International on Monday said the International Criminal Court should start a full-blown investigation into atrocities committed in the Boko Haram insurgency, accusing Nigeria of failing to bring those responsible to justice. ICC chief prosecutor Fatma Bensouda opened a preliminary examination in 2010 into eight potential cases of war crimes and crimes against humanity during

Egypt-based Nigerian Professionals Announce Sponsorship of Nigerian SMEs to Intra-African Trade Fair

Cairo, Egypt – The Association of Professional Nigerians in Egypt (APNEG) has announced sponsorship of four Nigerian small businesses to participate in the inaugural Intra-African Trade Fair (IATF) taking place in Cairo from 11 to 17 December. The trade fair, which is being organized by the African Export-Import Bank (Afreximbank), in collaboration with the African

REDTV Rave is The Official Headliner GIG OF 2018

The much anticipated and talked about REDTVrave3 finally rocked Lagos on Saturday, the first day of December. The online lifestyle network owned by the United Bank for Africa Group is one that is fast becoming a leader when you refer to lifestyle brands. The REDTV rave which was attended by over 3500 youths in Lagos

Applications for Tony Elumelu Foundation Entrepreneurship Programme 2019 Opens on TEFConnect

On the 1st of January 2019, at 12am, WAT, the Tony Elumelu Foundation will begin accepting applications for the fifth cycle of its Entrepreneurship Programme. 1,000 selected applicants will join the current 4,470 beneficiaries of the Programme. Since 2015, the TEF Entrepreneurship Programme – the only African-funded entrepreneurial catalyst of its kind – has empowered

Oil Marketers Issue Seven-day Ultimatum to FG to Pay N800bn Subsidy Debt

Oil marketers on Sunday in Lagos gave the federal government a seven-day ultimatum to settle outstanding debts totalling N800 billion, failing which depots would cease operation across the country. The marketers, comprising Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association (DAPPMA) and Independent Petroleum Products Importers (IPPIs), said failure to

Nigeria Cut Food Imports, Saved $21bn in 34 Months — Emefiele

The Central Bank Governor, Godwin Emefiele, has said that Nigeria’s monthly food import bill fell from $665.4m in January 2015 to $160.4m as of October 2018. He said the reductions in food import were recorded on rice, fish, milk, sugar and wheat, adding that the policy would be maintained. He said, “Noticeable declines were steadily

Activists Ask FG To Cancel Controversial Oil Deal With Shell And Eni Over Corruption

From left to right: Olarewaju Suraj, chair of HEDA; Don Hubert , president of Resources for Development Consulting; and Barbaby Pace from Global Witness. Photo by The ICIR Facebook4TwitterEmailSMSWhatsAppMore INTERNATIONAL and local activists are asking the Federal Government to cancel the 2011 resolution agreement that yielded ownership of the controversial oil block OPL 245 to

African Securities Exchanges Association (ASEA) Elects new Executive

Lagos, Nigeria – The African Securities Exchanges Association (ASEA) at its 22nd Annual General Meeting (AGM) on held on Sunday 25, November, 2018 has elected a new executive committee that will steer the affairs of the Association for the next two years. Chief Executive Officer (CEO) of the Casablanca Stock Exchange, Mr. Karim Hajji, and

Senate Expresses Commitment for Speedy Amendment of NDIC Act

The Senate Committee on Banking, Insurance and Other Financial Institutions has expressed a strong Commitment for the accelerated amendment of the Nigeria Deposit Insurance Corporation (NDIC) Act 2006, to eliminate the gaps that have hindered the full realization of the public policy objectives of the implementation of the Deposit Insurance System (DIS) in Nigeria. The

New African deal between CISI and NSE heralds boost for finance professionals in Africa

The Chartered Institute for Securities & Investment (CISI) is delighted to announce a new partnership with The Nigerian Stock Exchange (NSE) to provide trainings for CISI’s qualifications in Nigeria, under the auspices of X-Academy, the knowledge platform of NSE. The partnership will result in CISI accrediting X-Academy as its training partner in Nigeria for qualifications