CBN Gives Reasons for Redesign of N200, N500 And N1,000 Notes
The Central Bank of Nigeria (CBN) on Wednesday said it will redesign the N200, N500, and N1,000 notes. CBN Governor, Godwin Emefiele, disclosed this during a special press briefing in Abuja. The new design and issues will be effective from…
How Advanced Automated Operational Risk Management Can Protect Your Payments Switch Environment
With the rapid rise in digitisation, real-time payments environments have become increasingly complex and can be difficult to manage on a day-to-day basis because of the significant amount of monitoring data they produce. This means constant attention is needed to…
Olam Agri Launches Seeds for the Future Foundation, Education Grant in Nigeria
Olam Agri, a leading agribusiness in food, feed, and fibre and an operating group of Olam Group, has inaugurated The Seeds for the Future Foundation in Nigeria to strengthen opportunities for farmers and communities along its value chain. The Seeds…
President Buhari Commissions Pinnacle’s Petroleum Offtake Facility, Says Energy Security Cardinal To His Administration
President Muhammadu Buhari on Saturday commissioned the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos, saying the operations of the facility have eased congestion in the Apapa area, reduced cost and delivery of petroleum product distribution to many parts…
Polaris Bank Announces New Core Investor, New Board and Management Team Appointments
Polaris Bank has announced that it has been notified of the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in Polaris Bank (‘Polaris’ or ‘the Bank’) by Strategic Capital Investment Limited (‘SCIL’). As…
Energy Transition A Developmental Opportunity, But Africa Needs To Engage Critically, Vocally – Osinbajo
The current global energy transition is both an opportunity for the preservation of the earth and a vehicle for unlocking the development potential and livelihoods of millions of people, especially those in developing countries. However, the transition must also be…
Amidst Russian-Ukraine War, Foreign Interests in Nigeria’s Coal Increases — Adegbite
The Honourable Minister of Mines and Steel Development arc Olamilekan Adegbite has revealed that the ongoing energy challenge in Europe ocassioned by the Russian-Ukraine War has increased foreign interests in Nigeria’s coal. The minister also disclosed that the prime minister…
UK Prime Minister Liz Truss Resigns Amid Budget and Market Turmoil
Liz Truss has become Britain’s shortest-serving Prime Minister ever, after announcing her resignation just six weeks into what has been described as a disastrous term that pitched Britain deep into political and economic turmoil. The UK Prime Minister had before…
TCN Energizes Another new 60MVA 132/33kV Transformer At Itire
The Transmission Company of Nigeria (TCN) has successfully energized another new 60MVA 132/33kV Transformer at the Itire 132/33kV Transmission Substation in Lagos State, on Wednesday, 19th October, 2022. The transformer was installed and energized by TCN engineers, the new transformer…
Flood: Build Dams, Desilt Major Rivers, Okowa Urges FG
Delta Governor and Vice Presidential Candidate of the Peoples Democratic Party (PDP), Sen. (Dr) Ifeanyi Okowa, on Tuesday, called on the Federal Government to build new dams and desilt major rivers in the country to check flooding, especially when neighbouring…
NDE Trains 100 In Quick-Fix, Technocultural Crafts In Oyo State
Determined to bring succor to the teeming unemployed and unskilled youths, women and vulnerable in Oyo State, the National Directorate of Employment (NDE), has commenced a four weeks training in Quick-Fix Demand Driven Skills Training Scheme and three months Technocultural…
