The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, increased to N2.59 trillion as at close of business, 7th of January, 2022, as investors in these banks gained a total of N23.51 billion during the trading week. After 4 trading days of the week, 3 of the 5…
The Nigeria Railway Corporation (NRC), says it plans to resume sales of tickets for travelers, following the expiration of the Federal Government free train ride on Jan. 4. Mr Fidet Okhiria, Managing Director, NRC said this when he spoke with the News Agency of Nigeria (NAN) on Tuesday in Abuja.Okhiria said that the sales of…
The Federal Government has further extended the deadline for the National Identification Number (NIN)-Subscriber Identity Module (SIM) data verification to the 31st of March, 2022. Minister of Communications and Digital Economy, Prof. Isa Pantami, in a statement, added that there has been a significant growth in the number of National Identity Number (NIN) enrolments and…
it is no longer news that oil price shocks have negatively impacted the country’s revenue over the years. The dwindling revenue from oil was compounded by the coronavirus pandemic, hence the managers of the economy had to creatively think of how to boost the country’s revenue for growth and development. The federal government soon realised…
TAJBank Nigeria Limited, a leading Nigerian non-interest banking services provider, has received three International Standards Organisation (ISO) certifications for its commitment to customer safety assurance, service excellence and business operations resilience. The bank’s Founder and Managing Director, Mr Hamid Joda said in a statement on Tuesday. Joda said that the recognition, by Certification Partner Global…
•Lagos planted 8m trees in 13 years, says Governor Trust Africa News, By Ayomide Otitoju Lagos State Governor, Mr. Babajide Sanwo-Olu has urged Lagosians to join in the Government efforts at preserving the environment by planting trees. He made the appeal on Tuesday during the kick-off of the 1,000 Tree Planting Project in Lagos, “The…
•To flag-off Opebi-Ojota Link Bridge in January •APC Leader names Sanwo-Olu “Infrastructure Governor” Trust Africa News, By Ayomide Otitoju In fulfilment of his administration’s resolve to provide the necessary infrastructure for sustainable development in every part of Lagos State, Governor Babajide Sanwo-Olu on Monday commissioned a network of nine roads with a bridge within…
Union Bank of Nigeria (UBN) Plc has partnered with Kucheza, a gaming company, to organise another edition of the Mobo Game Jam. UBN’s Edu360 is supporting the social innovation competition for the second consecutive year. Also supported by United Kingdom (UK)-based Digital Schoolhouse, MoboGame Jam is an annual game-making competition which sees young innovators between…
A total of 63.97 million lines were disconnected in one year amid the National Identity Number-Subscriber Identity Module data verification, data obtained from the Nigerian Communications Commission show. The NCC data revealed that the total number of connected lines in the country fell by 21.79 per cent to 229,582,206 in October this year from 293,554,598…
