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Osinbajo commends Nigeria’s first locally-assembled electric car
Vice-President Yemi Osinbajo, on Tuesday, test-drove the first locally-assembled electric car, Hyundai Kona. The vehicle, a product of Stallion Motors, was first launched in November 2020 by Babajide Sanwo-Olu, governor of Lagos. Jelani Aliyu, director-general of the Nationa...
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Access Bank slashes staff salaries to avert job losses as COVID-19 slows economy
Access Bank Plc plans to cut salaries to avoid job losses as a lockdown to contain the coronavirus hampers the operations of Nigeria’s biggest lender, according to people with direct knowledge of the matter. The reductions are expected to start from May unless business condi...
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Central Bank of Nigeria raises agric credit scheme fund to N50bn
The Central Bank of Nigeria disclosed this in a document on Monday entitled ‘Agricultural Credit Guarantee Scheme Fund (Amendment) Act 2019. It stated that the ACGSF Amendment Act was assented to by the Federal Government on June 24, 2019. According to the document, complete...
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Hadiza Bala-Usman: Fixing the Apapa Gridlock With “Eto”, — Reuben Abati
Hadiza Bala-Usman clearly needs all the support she can get. But a lot will also depend on the courage she brings to the table. Rent-seekers, area boys, cargo owners, thieving customs officials will test her resolve. She must be firm and resolute, and it is only by doing so,...
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Online betting firms continue to flourish in Nigeria
Online sports betting is booming in soccer-mad Nigeria largely thanks to payment systems developed by homegrown technology firms that are starting to make online businesses more viable. For years, mobile payments failed to take off in Nigeria as they have in countries such a...
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Chude Jideonwo, Adebola Williams unveil cover for new book, ‘How to Win Elections in Africa...
RED co-founders, Chude Jideonwo and Adebola Williams yesterday unveiled the cover for their forthcoming book – ‘How to Win Elections in Africa: Parallels with Donald Trump’. Scheduled for release in November, the book chronicles the ideas and ideals imperative for Africans a...
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Hadiza Bala-Usman clearly needs all the support she can get. But a lot will also depend on the courage she brings to the table. Rent-seekers, area boys, cargo owners, thieving customs officials will test her resolve. She must be firm and resolute, and it is only by doing so,...
President Muhammadu Buhari’s Thursday reappointment of Hadiza Bala Usman as Managing Director of the Nigerian Ports Authority (NPA), indorses the administration’s appreciation of hard work and commitment to fatherland. If not for any other thing, Bala Usman has in the past f...
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With the rapid and continued infamy of fake news becoming a global pandemic, we must have yet another look at what this scourge holds for our society. In recent times, we have seen how peddled lies have been used as tools to stir up people to violence and violent acts. Most ...
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The Central Bank of Nigeria disclosed this in a document on Monday entitled ‘Agricultural Credit Guarantee Scheme Fund (Amendment) Act 2019. It stated that the ACGSF Amendment Act was assented to by the Federal Government on June 24, 2019. According to the document, complete...
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South African authorities have apprehended eight people suspected of illegally siphoning 2.3 billion rand ($133.87 million) from small lender VBS Mutual Bank, which collapsed in 2018 because of the corruption scandal. Godfrey Lebeya, head of South Africa’s Directorate ...
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Access Bank Plc plans to cut salaries to avoid job losses as a lockdown to contain the coronavirus hampers the operations of Nigeria’s biggest lender, according to people with direct knowledge of the matter. The reductions are expected to start from May unless business condi...
Osinbajo commends Nigeria’s first locally-assembled electric car
Vice-President Yemi Osinbajo, on Tuesday, test-drove the first locally-assembled electric car, Hyundai Kona. The vehicle, a produc...
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REPORT: Nigerian government pushes social media bill through NBC amendment
When you go to bed as a Nigerian citizen or business, especially in the media space, you are more likely to wake up as a criminal ...
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Uganda and DR Congo launch joint road projects
Uganda’s President Yoweri Museveni and his counterpart from the Democratic of Congo Felix Tshisekedi have launched the constructio...
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Four security officers killed in Cameroon ambush
Two police officers and two gendarmes were killed on Monday in an ambush in Otu in Cameroon’s troubled South-West province, ...