The Central Bank of Nigeria has released a regulatory framework for the use of Unstructured Supplementary Service Data (USSD). This is to reduce the risk by bank customers who carry out transactions through the USSD platform. In the proposed framework,…
The Nigerian Ports Authority (NPA) has promoted 11 Managers to Assistant General Managers, in line with the organisation’s commitment toward operational efficiency. The promotions were announced in a statement by the newly-elevated Assistant General Manager, Corporate and Strategic Communications, Mr…
Ikeja Electric (IE) has promoted 97 employees both junior and senior staff, in line with the management’s desire to reward excellent performance across the business. The company made this known in a statement issued by the management . The statement…
Oil-markets on Friday saw Brent crude supported by Saudi Arabia hoping to cut October supplies, while United States crude was curbed by refinery-outages due to Hurricane-Harvey damages, which dented demand. Focus was shifting to three other hurricanes that are currently…
No fewer than 54 organizations in Nigeria comprising global academia, media, civil society, law and multi-national organisations from Africa, Asia, Europe, and North America on Thursday called on Nigeria government to withdraw the NGO Regulatory Commission Bill currently being considered…
The World Federation of Exchanges (“The WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, on Thursday elected eight Directors of the Board at the 57th General Assembly held in Bangkok. The General Assembly of the…
The Tin-Can Island Port Command of the Nigeria Customs Service (NCS) generated N183 billion between January and August 2017, its Customs Area Controller, Yusuf Bashar said. The customs area comptroller said this in a statement issued by the Public Relations…
The Nigerian National Petroleum Corporation (NNPC) and its upstream joint venture partner, ExxonMobil, are seeking new measures to expand existing operational portfolio with a view to increasing crude oil production and availability of gas for power generation. Speaking in Abuja…
Stanbic IBTC, a member of Standard Bank Group has facilitated a staggering $589.84 million capital inflow into the country, ranking it first among financial institutions that imported capital into Nigeria, according to the second quarter report of the Nigerian Bureau…
The Pension Transitional Arrangement Directorate (PTAD) has appointed five new directors for better service delivery of its mandate. PTAD’s Deputy Director, Corporate Communications, Mr. Emma Okondo, made this known in a statement on Wednesday in Abuja. Okondo listed the appointees…
