AT an extraordinary shareholders’ meeting in Abidjan, the Governors  of the African Development Bank, representing shareholders from 80 countries, approved a landmark $115 billion increase in capital for the continent’s foremost financial institution. The capital increase, the largest in the history of the African Development Bank since its...
Salami Jamiu, Chairman Nigeria Union of Mines Workers, Ajaokuta Branch, says installed equipment in Ajaokuta Steel Company are intact and in good working condition contrary to general believe. Jamiu told News Agency of Nigeria (NAN) on Saturday in Ajaokuta, that the impression that the company was not...
Paris, France - Tony O. Elumelu, Founder of the Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa (UBA) and Heirs Holdings opened the "Ambition Africa" conference organised by the France Invest Africa Club in Paris, France. As Elumelu delivered the opening address, he urged French investors to...
On October 6, around fifty U.S. commandos in northeastern Syria tasked with hunting down ISIS forces were withdrawn from territory near the Turkish border controlled by the Kurdish-Arab SDF faction. The U.S. withdrawal was a prerequisite for a Turkish attack against the SDF which subsequently took place....
By Alex Ekemenah The Socio-Economic Rights and Accountability Project (SERAP), a non-government organization that has been in the forefront of many public advocacy in Nigeria for some years now, made a public presentation of its latest report titled “A Downward Spiral”: How Federal and State Authorities Are Tightening The...
THURSDAY, OCTOBER 31, 2019 The Executive Director, Regulation of the Nigerian Stock Exchange, Ms Tinuade Awe, has said that data is at the core of the Fourth Industrial Revolution. Awe made this remark at the 7th NSE’s Nigerian Capital Market Information Security Forum held at the...
The Chartered Institute of Bankers of Nigeria has awarded its 2019 honorary fellowship to Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), and 14 other leading bankers. A citation published in the event programme for the CIBN’s 2019 investiture ceremony, which took...
The Body of Bank CEOs applauds the recent notice from the National Communications Commission (NCC) announcing the immediate suspension of end-user billing for Unstructured Supplementary Service Data (USSD) services. We would like to thank the Federal Government of Nigeria for championing this action. When...
By John Meze  Nigeria's economy may in no distant future experience a  collapse, which according to oil and gas industry experts, would be greater than the recent recession which the country is yet to come out of.  Speaking, recently, at a press briefing organised by the Nigerian Association of Petroleum Explorationists (NAPE),...