The Lagos State Government has reappointed MoneyMasterPSB, a leading payment service bank, for the second phase of the “Ounje Eko” food discount market, which will open throughout the state on Sunday, September 1, 2024. The Lagos State Government launched Ounje Eko, a programme that offers the people a 25 percent …
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Ukpe Philip The strategies adopted by Nigeria’s wealthiest and most profitable company, the Nigerian National Petroleum Company Ltd (NNPCL) to ramp up crude oil production has again proven to be effective after a surprise 3.19 per cent growth in Nigeria’s Gross Domestic Product (GDP) which defied expert projections. The GDP …
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Tajudeen Suleiman It was a pleasant shock for me to read the National Bureau of Statistics’ report released last Monday that Nigeria’s economy grew by 3.19% in the second quarter of 2024. The growth rate was quicker than the 2.51% growth seen in the second quarter of 2023, and the …
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Pavel Durov, the chief executive officer (CEO) of Telegram, has been released from police custody after four days of interrogation. According to CNN on Wednesday, Durov, who was seen exiting the anti-fraud office outside Paris in a police vehicle, was transferred to court for questioning ahead of a possible indictment. …
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The International Monetary Fund (IMF) says Nigeria can achieve the 3.1 percent economic growth forecast for 2024 by implementing stronger reforms. Christian Ebeke, IMF resident representative, spoke on Tuesday at the Lagos Chamber of Commerce and Industry (LCCI) International Business Conference and Expo 2024, themed ‘Invest Nigeria’. On July 16, …
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The Federal High Court will resume the money laundering case against crypto exchange Binance and two of its executives on September 2, 2024. The case which was originally scheduled for October 11, now comes a month earlier, after the defence lawyers asked for the date change, reports Reuters. The Federal …
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It was learnt that the tournament schedule shows Nigeria will face off against powerhouse teams from Britain and China in the highly anticipated table tennis event. The Nigerian table tennis team is gearing up for a thrilling competition at the 2024 Paralympic Games in Paris, France. It was learnt that …
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Rotimi Akinde, BOI executive director of corporate finance and risk management President Bola Tinubu has appointed Rotimi Akinde and Ifeoma Uz’Okpala as executive directors of the Bank of Industry (BOI). According to a statement on Wednesday by Theodora Amechi, head of public relations division at BOI, the appointment took effect …
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Former Nigeria’s Vice President, Atiku Abubakar, has denounced President Bola Tinubu’s policy of pegging age limits for entry to tertiary institutions to 18 years, saying the policy belongs in the “stone ages”. On August 26, SaharaReporters reported that President Bola Tinubu’s administration mandated that only individuals aged 18 and above …
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A founding member and first National Auditor of All Progressives Congress, Dr George Moghalu, has formally resigned his membership of the ruling party. However, the APC leadership said it was not surprised by Moghalu’s resignation, saying he was believed to have quit the party long ago. Moghalu’s resignation was contained …
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