CBN Denies Reports of Looming Takeover, Says Banks are Healthy, Safe
The Central Bank of Nigeria (CBN) has noticed reports, in certain media outlets, about a recommendation for the Federal Government to take over some CBN-supervised financial institutions. For the avoidance of doubt, Nigerian banks remain safe and sound. The CBN…
Cybersecurity in 2024: Towards Ever Greater Sophistication of Tactics
By Chester Wisniewski, Director Global Field CTO, Sophos With 2024 fast approaching, what are the results for 2023 and what are the developments in the threat landscape for this new year? The year 2023 was marked by persistence in the…
2024 FG, States Budgets At A Glance
??Federal Govt: ₦27.50tn ?South West: ₦4.20tn ?South South: ₦3.43tn ?North West: ₦2.50tn ?South East: ₦2.29tn ?North Central: ₦1.89tn ⚫North East: ₦1.60tn 1 ?Abia: ₦567.20bn 2 ⚫Adamawa: ₦225.89bn 3 ?Akwa Ibom: ₦845.63bn 4 ?Anambra: ₦410.10bn 5 ⚫Bauchi: ₦300.22bn…
Minister congratulates new Generals, harps on deliveries
The Minister of State for Defence, Dr. Muhammed Bello Matawalle MON, extends his heartfelt congratulations to the distinguished officers recently promoted across the Nigeria Armed Forces. Recognizing their dedication, sacrifice, and commitment to national security, Dr. Matawalle commends the exemplary…
Nigerian Oranto Petroleum extends Ugandan exploration licenses
Oranto Petroleum, a Nigerian independent energy company founded by Prince Arthur Eze has, on 22 December 2023, been granted a two-year exploration license extension to its Ngassa Deep and Ngassa Shallow exploration contract areas in Uganda. This extension allows Oranto…
Glo celebrates HNI subscribers with biz class return tickets to Europe
As part of funfair heralding Christmas celebrations for high net-worth customers of digital solutions provider, Globacom, as the company on Friday presented business class return tickets to Europe (Lagos-Paris-London-Lagos) to winners in its Festival of Joy promo. This followed the…
Hyerspace Secures Patent for Blockchain Technology, cipherCHIP tap2verify
The second Patent & trademark for Hyperspace Technologies in 2023 Hyperspace Technologies Limited has secured its second patent and trademarks for cipherCHIP tap2verify: A blockchain-integrated contactless product authentication & verification system. The Lagos-based Web3 startup specializes in next-level smart security…
NIMASA, NSML Partner To Train 150 NSDP Cadets
The Nigerian Maritime Administration and Safety Agency (NIMASA) has signed a training agreement with the Nigerian Liquified Natural Gas, NLNG Ship Management Limited, NSML, to facilitate Certificate of Competency (CoC) examinations for beneficiaries of the Nigerian Seafarers Development Program (NSDP)….
NCC calls for conscious measures to reduce e-Waste
The Executive Vice Chairman (EVC) and Chief Executive Officer (CEO) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida has canvassed for conscious measures to reduce the electronic waste generated by the use of Information and Communications Technology (ICT) tools…
FG Commissions Gas Leak Detection Device, Printed Circuit Board Facility
The Federal Government through the Nigerian Content Development and Monitoring Board (NCDMB) on Thursday marked a breakthrough in the research and development landscape of the Nigerian oil and gas industry with the commissioning of Amal Technologies Gas Leak Detection Device…
