The Board of Omatek Ventures Plc is scheduled to meet on July 25 to review and potentially approve the company’s Unaudited Financial Statements (UFS) for the second quarter of 2024. In a statement to the Nigerian Exchange Limited (NGX), Omatek also mentioned that the Board will discuss the current business […]
press statement
Ibom Air is set to add an additional Airbus A220-300 to its fleet. The airline’s acquisition of this new aircraft is a strategic move to boost its capacity and meet growing demand for its product. A statement signed by Aniekan Essienette, GM Marketing, and Communication, Ibom Air says in October […]
The House of Representatives has mandated its Committee on Digital and Information Technology to launch a comprehensive investigation into the recent data breach at the National Identity Management Commission (NIMC). This directive followed a motion moved by Adedeji Dhikrullahi Olajide, Chairman of the Committee on Digital and Information Technology, on […]
Comrade Adede John Williams, President of the Association of Telecommunications, Information Technology, Cable Satellite Network Operators and Allied Services Employers’ of Nigeria (ATICEN), has called on the Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Michael Cardoso, to adopt industry-centric policies for the cashless and digital economy as […]
The National Agency for Science and Engineering Infrastructure (NASENI) has announced its first-ever investment in Powerstove, a pioneering Nigerian company specializing in the production of cookstoves and carbon credit projects. A statement by Mr. Olusegun Ayeoyenikan, Director of Information, reveals that this strategic investment marks a significant milestone in NASENI’s […]
As the world marks the 2024 World Day for Cultural Diversity for Dialogue and Development, also known as World Culture Day, Otunba Biodun Ajiboye, Executive Secretary/CEO of the National Institute for Cultural Orientation (NICO), has called for Nigerians to prioritize culture in the nation’s developmental processes. In a statement issued […]
The National Information Technology Development Agency (NITDA) is intensifying efforts to transform Nigeria into a global hub of technology and innovation by extending digital technology benefits to all local governments across the country. This initiative aligns with the current administration’s priority to reform the economy and promote inclusive growth. According […]
The Central Bank of Nigeria (CBN) has rescinded its directive to banks and other financial institutions to impose a cybersecurity levy on electronic transfers. Initially issued on May 6, the directive required commercial, merchant, non-interest, and payment service banks, as well as mobile money operators and payment service providers, […]
The Tinubu-led administration has inaugurated the Nigerian Academy for Cultural Studies (NACUS), a specialized institution aimed at fostering innovative studies and the development of Nigeria’s culture and history. A statement released by Caleb Nor, Media Assistant to Executive Secretary/CEO NICO says the academy, accredited by the National Board for Technical […]
The Central Bank of Nigeria (CBN) has instructed banks to cease charging customers for cash deposits until September 30, 2024. Concerns were raised by customers of some Deposit Money Banks regarding the imposition of processing fees for cash deposits starting May 1. These banks had planned to levy two percent […]


