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NDIC Pays N11.83bn to Over 443 Insured Depositors of failed banks

Ossom Raphael Port Harcourt – The Nigeria Deposit Insurance Corporation (NDIC), has said that as at June 2022, it cumulatively paid ₦11.83 billion to over 443,949 insured depositors and over ₦101.37 billion to uninsured depositors of all categories of banks in-liquidation. The corporation also declared 100 per cent liquidation dividend in 20 out of the... Read More
Breaking News, Business, Nigeria News
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FG Pledges Increased Support to SON in Fight Against Substandard Products

The Federal Government has reiterate its support for the Standards Organisation of Nigeria (SON) in its efforts rid the nation’s of substandard products. Minister of State for Industry, Trade and Investment, Ambassador Maryam Katagum, said in Abuja at the 50th-anniversary celebration of the SON, while commending the Organisation for its various initiatives to boost Nigeria’s... Read More
Breaking News, Business, Nigeria News
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The largest-ever number of graduates (over 100,000 graduates) from Zion Christian Mission Center

The graduation was held at Daegu Stadium (Republic of Korea) at 12:00 on November 20, 2022. Amongst the 100,000 graduates were also more than 500 former and current pastors. The graduation ceremony was a joint operation of a cooperative network with local governments in preparation for safety as first, second, and third priority. The large... Read More
Breaking News, Business, UK News, Women, World News
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Delta Risks Total Collapse By 2023 even with highest revenue allocation … – Former Minister

A frontline candidate in Delta State and a leading industrialist in Nigeria, Africa’s most populous nation have presented a scenario that can be averted by the people of the state comes 2023 election. Olorogun Barr. Kenneth Gbagi, FNIM, who is the governorship candidate of the Social Democratic Party (SDP) in Delta State and former minister... Read More
Africa News, Breaking News, Business, community, Women, World News
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G.Ed, TVET certificates harmonisation will address Nigeria’s unemployment problem – Ari

By Ossom Raphael   The Director General of the Industrial Training Fund (ITF), Sir Joseph Ari, has said that there is a need for the the harmonisation general education and Technical and Vocational Education and Training (TVET) certificates in order to remove the dichotomy that exists between them. Ari, who said the harmonisation of certificates... Read More
Breaking News, Business, Nigeria News
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University of the Year 2022 named in the prestigious Times Higher Education (THE) Awards

Northumbria University, Newcastle, has today been named University of the Year 2022 in the prestigious Times Higher Education (THE) Awards. The THE Awards are widely recognised as the ‘Oscars of higher education’. The impressive win recognises exceptional performance, as well as bold, imaginative and innovative initiatives that have advanced a Higher Education institution’s reputation during... Read More
Breaking News, Business, community, Education
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Press Statment: NDIC to showcase achievements at financial inclusion conference 2022

The Nigeria Deposit Insurance Corporation (NDIC) plays a critical role in contributing to the objectives of the National Financial Inclusion Strategy (NFIS) through the provision of deposit insurance coverage to depositors of licensed banks. The NDIC’s activities through the supervision of banks, not only enhances depositors’ confidence in the financial system, but also serves as... Read More
Business, Nigeria News
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Powerful Ohanaeze Ndigbo writes and replies Anambra Gov Soludo on Peter Obi

The socio global organisation of Ndigbo, the Ohanaeze in a powerful and direct respond writes and quoted, “Ndigbo have dragged Governor Soludo to the two famous divinities and deities (Chokoleze in Mbaise and Ubiniukpabi in Arochuku) for his unreasonable public behaviour.     “Governor Soludo’s actions are ridiculous, unreasonable and premature; there was no locus... Read More
Africa News, Breaking News, Business, community, World News
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SON task hospitality and tourism practitioners on standardisation

The Director General of the Standards Organisation of Nigeria (SON), Mallam Farouk Salim, have tasked practitioners in the hospitality and tourism industry to participate in national and international standardization to develop hospitality products and services that meet with current taste and preferences of the stakeholders in the industry. Salim said Standardization and Quality Assurance is... Read More
Business, Nigeria News
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