Tag: Business
Benue State – Governor Rev. Fr. Hyacinth Iormem Delivers 100 Buses For Transport In Benue State
Benue State, Governor Rev. Fr. Hyacinth Iormem Delivers 100 Buses For Transport In Benue State.
In a move to alleviate the ongoing hardship experienced by the people of Benue State, Governor Rev. Fr. Hyacinth Iormem Alia PhD has fulfilled one of his promises by acquiring 100 buses for the state.
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Access, Zenith, UBA, and Others Must Boost Capital Base Under New CBN Rule
Access, Zenith, UBA, and Others Must Boost Capital Base Under New CBN Rule.
The Central Bank of Nigeria (CBN) is set to spearhead a surge in the capital base of Nigerian banks, aiming to boost it from the current N25 billion threshold.
Governor Olayemi Michael Cardoso announced this move, citing the necessity to align the nation with its ambitious target of achieving a $1 trillion Gross Domestic Product (GDP). This declaration came during the 58th Annual Bankers Dinner hosted by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos.
Cardoso emphasized the insufficiency of the current bank capitalization in supporting the GDP expansion initiatives under President Tinubu’s administration. Notably, the last recapitalization in 2004 had escalated banks’ capital base from N2 billion to the existing N25 billion mark. However, analysts have pointed out that this amount no longer meets the demands of present economic realities.
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Just in 5,000 federal civil servants may not get Nov, Dec salaries
Just in 5,000 federal civil servants may not get Nov, Dec salaries.
Anxiety grips federal civil servants as the fate of salaries for approximately 5,000 of them hangs in the balance. The affected individuals may not receive their November and December salaries due to discrepancies in their employment records.
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Nigeria-Germany Partnership Expands As President Tinubu Witness Signing of $500M Renewal Energy Pact And Gas Export Agreement
Nigeria-Germany Partnership Expands As President Tinubu Witness Signing of $500M Renewal Energy Pact And Gas Export Agreement.
The burgeoning economic partnership between the Federal Republic of Nigeria and the Federal Republic of Germany witnessed further expansion and strengthening as two important agreements were signed between Nigerian and German businesses on Tuesday.
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Application Opens for Admission to One-year Free Training Program in Modern and Sustainable Agriculture 2024 Session
Free Training Program in Modern and Sustainable Agriculture 2024 Session.
The Leventis Foundation (Nigeria) is a charitable company dedicated to the training of youth and farmers in modern and sustainable agricultural practices and rational use of natural resources.
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Nigeria Emerging Best Investment Hub for Agribusiness – Says VP Shettima During Norman Borlaug International Dialogue
Nigeria Best Investment Hub for Agribusiness.
The Vice President, Senator Kashim Shettima, has wooed foreign investors to invest in Nigeria’s agricultural sector, assuring them that the country is ready for agribusiness, During Norman Borlaug International Dialogue.
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Top 11 Most Profitable Companies in Nigeria in the First Half of 2023
Top 11 Most Profitable Companies in Nigeria in the First Half of 2023
The Nigerian economy has faced its fair share of challenges in recent years, with inflation and a devalued currency causing hardships for businesses and citizens alike.
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Bolt’s Innovative Accelerator Program Set To Empower Drivers With €25,000 Seed Capital – Application Opens
Bolt’s Innovative Accelerator Program: €25,000 Seed Capital for Empowering Drivers
Bolt, Africa’s leading ride-hailing operator, is embarking on an exciting journey to empower its drivers through an innovative Accelerator program. In partnership with the Nest Innovation Park (known as ‘the Nest’), Bolt is launching this program to support entrepreneurial aspirations among Nigerian drivers.
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Naira Keeps Depreciating Against USD, Nearing ₦1,000 Per Dollar in Exchange Rate
Naira Keeps Depreciating Against USD, Nearing ₦1,000 Per Dollar in Exchange Rate.
The Nigerian Naira, ever since it began floating in the parallel market, has been on a downward spiral, and its exchange rate against the US Dollar is rapidly approaching the alarming ₦1,000 mark. This worrisome trend has raised significant concerns about the country’s economic stability and the well-being of its citizens.
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NITDA Opens Applications for Free AI Training with $500 Million Boost for One Million Jobs; Age Limit and Google Partnership Announced
NITDA Opens Applications for Free AI Training with $500 Million Boost for One Million Jobs; Age Limit and Google Partnership Announced.
The National Information Development Agency (NITDA) has taken a great step towards advancing Nigeria’s digital landscape by launching a comprehensive Artificial Intelligence (AI) training program.
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Wike Vows To Complet Abandoned 170-meter-tall Millennium Towers in Abuja With 1200 Capacity Auditorium, 5 Star Hotel, and Sports/Event Centre
Minister of the Federal Capital Territory, Nyesom Wike said on Monday that the ministry will deliver the Millennium Tower Abuja project in the next two years.
Wike stated this in Abuja after a closed-door meeting with contractors handling different projects in the FCT.
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Elon Musk Shakes Up Twitter: Twitter Users Will Not Be Able To Block Other Users, Except in Private Messages
Elon Musk Shakes Up Twitter: Twitter Users Will Not Be Able To Block Other Users, Except in Private Messages.
Elon Musk, the new boss of Twitter, has made a surprising announcement. The feature that lets you block someone on Twitter won’t work anymore, except for private messages. This is causing a big debate among Twitter users.
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Transitioning to Non-Technical Roles in ICT: A Comprehensive Guide – By Joshua Seun Makinde
Transitioning to Non-Technical Roles in ICT: A Comprehensive Guide.
In the rapidly evolving landscape of Information and Communication Technology (ICT), opportunities abound for individuals with diverse skill sets and interests beyond technical proficiency. While ICT is often associated with coding, network administration, and system maintenance, there is a growing demand for professionals in non-technical roles that contribute to the strategic direction, project management, and business development within the industry. If you’re an individual with a background in ICT looking to transition into a non-technical role, here's a comprehensive guide to help you navigate the process:
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What is Funnel in Marketing and How to Increase Sales Using This Marketing Concept
Let’s talk about Funnel in Marketing.
Do you own and run a business?
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UK Makes Major Changes to Immigration Rules That Will Further Streamline Students And Immigrants
UK Makes Major Changes to Immigration Rules That Will Further Streamline Students And Immigrants.
As the world continues to evolve, so do immigration policies in various countries, and the United Kingdom is no exception. The UKVI (UK Visas and Immigration) has recently unveiled a major changes to the Student and Work Immigration Rules, aiming to streamline processes for students and immigrants. These changes are set to take effect from various dates, bringing both opportunities and challenges for those seeking to study and work in the UK.
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Subsidy Removal: Nigerians Will Now Power Their Vehicle Using Cheap Autogas Instead of Petrol – FG
Subsidy Removal: Nigerians Will Now Power Their Vehicle Using Cheap Autogas Instead of Petrol – FG.
In a bid to alleviate the hardships faced by Nigerians, especially those reliant on petrol for their daily transportation needs, the federal government has implemented some measures.
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Important Mistakes to Avoid While Signing Up for Instagram Thread
Important Mistakes to Avoid While Signing Up for Instagram Thread.
Instagram Thread, launched by Mark Zuckerberg on July 5, is rapidly gaining momentum as an alternative platform for Twitter users who feel restricted by what they perceive as Elon Musk’s abuse of power and never-ending restrictions on Twitter.
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The Moment President Tinubu Kissed President Macron’s Wife During NGFP Summit
The Moment President Tinubu Kissed President Macron’s Wife During NGFP Summit
The New Global Financial Pact (NGFP) Summit held in France brought together world leaders to address the pressing issues stemming from climate change, energy crises, health challenges, and economic instability.
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What Does I and E Window Means For the New Nigeria Economy
Just in case you are wondering what the I and E window is, it is the platform where the value of the Naira will be set from now. It stands for Investors and Exporters Window. The I&E window allows Investors, Exporters, Importers and End-users to meet at a market to haggle and bargain over the value of the Naira vis a vis other internationally traded world currencies.
So, for example, it allows foreign airlines who want to get their money out of Nigeria to use the Naira you paid to them to buy your ticket abroad to buy Dollars from Shell Petroleum Development Company, who need Naira to pay their local staff.
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The Reason Why Our Govt Banned Dependents Visa For Nigerian Students – British High Comm Explains
The Reason Why Our Govt Banned Dependents Visa For Nigerian Students – British High Comm Explains.
The British High Commissioner to Nigeria, Richard Montgomery, has provided an explanation as to why the UK government has implemented a ban on international students bringing their family members with them, effective from 2024.
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More Details and How to Apply for Student Loans From Nigeria Education Bank
How to Apply for Student Loans From Nigeria Education Bank.
Steps to access the student loan
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