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Day: March 14, 2023

Guinea Insurance Gets Fresh N900m Capital
investment

Guinea Insurance Gets Fresh N900m Capital

According to Guinea Insurance Plc, it invested around N900 million in its operations during the 2022 fiscal year. In addition,…

byakintundeMarch 14, 2023March 14, 2023
NPA lauds union over workers’ pay rise
Local

NPA lauds union over workers’ pay rise

The Maritime Workers’ Union of Nigeria received praise from the management of the Nigerian Ports Authority for its assistance and…

byakintundeMarch 14, 2023March 14, 2023
Economic Hardship and Population Growth are Increasing The Unemployment Situation.
Local

Economic Hardship and Population Growth are Increasing The Unemployment Situation.

The head of the CPPE emphasized the necessity of fostering an atmosphere that would allow micro, small, and medium-sized firms…

byakintundeMarch 14, 2023March 14, 2023
FG Investigates a $1.1bn Oil Well Robbery
Energy

FG Investigates a $1.1bn Oil Well Robbery

Oil Mining Licence 17 has been linked to an illegal oil bunkering operation, and individuals responsible for the oil theft…

byakintundeMarch 14, 2023March 14, 2023
Polaris Encourages Women’s Empowerment In The Workplace.
Banking

Polaris Encourages Women’s Empowerment In The Workplace.

The country’s institutions have been urged by Polaris Bank Limited and other financial sector players to offer opportunities that would…

byakintundeMarch 14, 2023March 14, 2023
NSIA Introduces a Technology Competition Portal.
Technology

NSIA Introduces a Technology Competition Portal.

A site for applications has been made available by the Nigeria Sovereign Investment Authority for the first award for innovation…

byakintundeMarch 14, 2023March 14, 2023
Pfizer To Pay $43 billion to Buy Seagen
BusinessWorld

Pfizer To Pay $43 billion to Buy Seagen

The multinational biotechnology business Seagan Inc. and the pharmaceutical behemoth Pfizer have agreed to combine for $43 billion, or $229…

byakintundeMarch 14, 2023March 14, 2023
Court Sentences Yobe State Auditor-General to Five Years in Prison for N19 million Fraud
Local

Court Sentences Yobe State Auditor-General to Five Years in Prison for N19 million Fraud

Alhaji Idris Yahaya, the Yobe State Auditor General for local government, was given a five-year jail term for misappropriating N19.9…

byakintundeMarch 14, 2023March 14, 2023
E-payment Declines to N37tn as Unsuccessful Transactions Increase
Banking

E-payment Declines to N37tn as Unsuccessful Transactions Increase

Cashless gateways were utilized 901.46 million times in February compared to 638 million times in January. Despite a rise in…

byakintundeMarch 14, 2023March 14, 2023
FG Closes Lagos Airport’s Runway and Redirects all Foreign Flights
Local

FG Closes Lagos Airport’s Runway and Redirects all Foreign Flights

The Murtala Muhammed International Airport in Lagos will be closed for eight weeks for repair, according to a statement from…

byakintundeMarch 14, 2023March 14, 2023
Nigerians to Pay N1,000 NIN Fee For Passports
Local

Nigerians to Pay N1,000 NIN Fee For Passports

Nigeria will charge N1000 to verify a Nigerian’s National Identity Number when they apply for a passport.The commission claims that…

byakintundeMarch 14, 2023March 14, 2023
Emefiele Eventually Gives in to Pressure and Declares Old Naira Notes to be Legal Currency.
Currency

Emefiele Eventually Gives in to Pressure and Declares Old Naira Notes to be Legal Currency.

Godwin Emefiele, the governor of the Central Bank of Nigeria, succumbed to pressure on Monday and formally ordered commercial banks…

byakintundeMarch 14, 2023March 14, 2023

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