Nigeria is set to revitalise its auto industry, with plans to fully build its own vehicles within the next decade, according to the minister of Trade, Industry and Investment, Doris Uzoka-Anite. In an interview with Arise News over the weekend,...
The Director of Banking Services, Central Bank of Nigeria (CBN), Hamisu Abdullahi, highlighted the merit-based selection of Remita to provide an electronic platform essential for facilitating payments from Ministries, Departments, and Agencies (MDAs) to beneficiary accounts across commercial banks. He...
In a landmark move, the U.S. Justice Department has filed a lawsuit against tech giant Apple Inc., alleging that the company has unlawfully monopolized the smartphone market, stifling competition and innovation. The lawsuit, which marks a significant escalation in...
President Bola Tinubu says his administration is sustaining investments in digital technology to enhance the sustainability of small businesses, expand opportunities across sectors, and propel Nigeria to become the lodestar of information and communications technology in Africa. Speaking when he...
The Nigerian National Petroleum Company (NNPC) Ltd, has reiterated its commitment towards utilising Nigeria’s abundant gas resources to trigger Nigeria’s industrialisation and economic development. NNPC Ltd’s Executive Vice President, Upstream, Oritsemeyiwa Eyesan disclosed this during a panel session at the...
The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs of s$7 billion have now been settled, fulfilling a key pledge of its Governor, Mr. Olayemi Cardosoo. In a statement on Wednesday, the apex bank’s Acting...
As CEO, Kayode Lawal Highlights The Indispensable Contributions of Women to Societal Progress, Economic Polaris Bank's International Women’s Day (IWD) webinar themed: 'Empowering Voices: Women Leading Change,' offered a dynamic platform for insightful conversations. The 2024 International Women’s Day (IWD) theme...
That Nigeria’s economy is in bad shape, is no longer news. Food and other necessities are hard to come by. However, no matter what turn the economy takes, Nigerians, by their unique nature, will always find survival alternatives. That is why...
Multiple African nations experienced significant internet disruptions on Thursday, March 14th, due to failures in crucial undersea telecommunication cables. NetBlocks, an organization monitoring internet freedom, reported disruptions impacting at least ten West African countries.  These included Nigeria, Ivory Coast, Liberia,...
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