Crypto, Central bank digital currencies prime target for hackers, says GlobalData
Following the news that Indexed Finance is still trying to recover the $16 million it lost as part of an elaborate flash loan hack back in October 2021; Chris Dinga, Payments Analyst at GlobalData, a leading data and analytics company,…
FBNH records robust expansion in PAT (+99.9% y/y)
FBN Holdings Plc released its 2021FY audited financial statement on25th of May, showing that the bank recorded robust expansion in PAT (+99.9% y/y), albeit it was largely supported by recoveries totalling NGN141.03 billion (vs NGN11.23 billion in 2020FY), a fallout…
Konga Mid-Year Shopping Festival goes live from Wednesday, June 1
Excitements are high as shoppers anticipate price crashes across all product categories including Fast Moving Consumer Goods (FMCG), Home and Kitchen Appliances, Electronics, Computing, Mobile Phones, Wine & Spirits, Fashion, etc. as well as highly discounted flight tickets to any…
Ecobank updates retail foreign exchange transactions for foreign Schools
As part of Ecobank Nigeria’s commitment to providing optimum banking experience, we would like to share the following updates to enable us serve its clients better regarding retail foreign exchange transactions for International School Fees, Accommodation and Upkeep payments, as…
ETI pays out $40m dividend to shareholders
Pan African financial giant, the Ecobank Transnational Incorporation (ETI), parent company of the Ecobank Group, has paid out a total dividend of 40 million dollars to shareholders. The Group Chief Executive Officer (CEO) and Executive Director of ETI, Ade Ayeyemi,…
NCDMB hails Temile/Hyundai understanding to Build New LPG Vessel
The Nigerian Content Development and Monitoring Board (NCDMB) has congratulated an indigenous shipping company, Temile Development Company on the contract signing agreement with Hyundai Mipo Dockyard (HMD) for the construction of a new 23,000 cubic meters Liquefied Petroleum Gas Carrier…
Sustainable lifestyle; panacea for looming food, energy crises
…as Rev Martins warns of environmental pollution consequences A case has been made for a sustainable lifestyle to stem the looming food and energy crises that may arise from the current climate change occasioned by the environmental pollution and general…
NITDA building regulatory instrument for emerging technologies—DG
The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa, said that NITDA is working to deliver its mandate of developing the Nigerian digital sector by building a regulatory instrument for emerging technologies such as Artificial Intelligence (AI), Robotics…
Jamoh urges Maritime Institutes to Update Curriculum
The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA Dr Bashir Jamoh today declared that the Agency is committed to the domestication of her capacity development programme in order to save the nation scarce foreign exchange needed…
Stakeholders draw roadmap for Midstream/Downstream Sectors
Key oil and gas industry stakeholders at the just concluded Nigerian Content Midstream and Downstream Oil and Gas Summit organized by the Nigerian Content Development and Monitoring Board (NCDMB) have beckoned on the Central Bank of Nigeria (CBN) to create…
