Business Hilights

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Business Hilights

Many Nigerians may not know Peter Obi very well

  By Bishop Edwin There are facts one cannot change about Obi which include; 1. He ran the most secure state in Nigeria during his tenure. Former IGP Abubarkar gave him 5 years of accolades of the most secured state…

Just in: Nigeria-Niger Rep. seal MoU to complete Kano-Maradi Rail

The Federal Government has stressed the importance of the Nigeria-Niger Republic rail line, reaffirming that the project will boost trade and other socio-economic interaction between both countries and in the continent. Minister of Transportation, Mu’azu Jaji Sambo stated this in…

ICT

Classera votes $40m in biggest Series A funding in EdTech

Leading global edutech learning management platform focused on emerging markets, Classera, has successfully raised $40 million in a Series A round, the largest in EdTech globally for a company with no prior funding. The impressive Series A round, which represents…

Banks mute on claim that politicians pay N2m to change N20m old notes

There has been an unsubstantiated allegation by a section of the public that the reason behind the clear scarcity of new Naira notes was that politicians who had stockpiled old notes for the 2023 election, are draining new notes from…

(Special Report) Buhari’s 2023 budget has nothing for eastern rail redevelopment

Since mid of December 2022 when the Federal Government averred that delivering the Port Harcourt-Maiduguri eastern rail line by the current administration’s tenure is no longer feasible, further investigations have revealed that not a dime was even allocated to the…

UDPN unveiled in Davos to support digital payments on currencies, regulated stablecoins

Launched at Davos during the World Economic Forum (WEF) week, the Universal Digital Payments Network (UDPN) is a DLT-underpinned messaging backbone focused on providing interoperability between the fast-growing number of different regulated stablecoins and CBDCs, and seamless connectivity between any…

NIMASA meets with approved CVFF lending banks

The Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) on Wednesday, January 25, 2023, met with members of the Executive Management of Jaiz Bank, United Bank of Africa (UBA), Union Bank, Zenith Bank and Polaris Bank which are…

Transportation Ministry sets up Steering committee for Ondo, Benin Seaport

The Federal Ministry of Transportation has inaugurated a Project Steering Committee for the proposed Ondo Deep Sea and Benin River Ports. The inauguration was performed by the Permanent Secretary of the Ministry of Transportation, Dr. Magdalene Ajani. Instituting a steering…

ICT

NITDA flags off TIES Scheme nationwide

In furtherance to the delivery of the President Muhammadu Buhari, administrative ambitious policy of uplifting 100 million Nigerians out of poverty, the National Information Technology Development Agency (NITDA) is harnessing the innovative talent of the nation’s youths and providing them…

ICT

Collaboration key to deepen digital economy, says NITDA boss at KWASU

The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa, has called for collaboration amongst the government, institutions, and the people in order to fully reap the potentials of the digital economy. According to the Director General, “digital economy…