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Business
October 28, 2023

Financial System Stability: NDIC Lauds Judiciary on Better Understanding of Deposit Insurance Practice

By Ossom Raphael The Nigeria Deposit Insurance Corporation (NDIC) has commended the judiciary on its better understanding of the deposit insurance practice towards promoting stability of the nation’s financial system. NDIC Managing Director, Mr. Bello Hassan gave the commendation at the 2023 Sensitization Seminar, organized by the Corporation in partnership with the National Judicial Institute... Read More
Africa News, Breaking News, Business, Business, Nigeria Capital, Nigeria News
October 25, 2023

Zamfara Cargo Airport Project: Governor accused of Committing contempt of Court

Zamfara Cargo Airport Project: Dauda Lawal’s Government accused of Committing contempt of Court.   The contractor handling the Zamfara Cargo Airport Project, Avic International Engineering Ltd has dragged the Zamfara State Government to an Abuja High Court over the revocation of the Airport Project.   The contractor, approached the court for redress over the gross... Read More
Africa News, Breaking News, Business, community, Women
October 24, 2023

ACCUMULATED GROUND RENT DEBTS: Wike Vows to Step on Sacred Toes.

By Festus Fifen. The Nigeria Federal Capital Territory Minister, Nyesom Wike has vowed to step on toes in his quest to recover debts accruing to the FCT Administration especially in the area of ground rents Wike while warning defaulters of ground rents in the territory to immediately take steps to offset their outstanding liabilities, said... Read More
Africa News, Breaking News, Business, Business, community, Nigeria Capital, Nigeria News
October 20, 2023

VIOLATION: FCTA Set To Revoke Sold Government Houses Converted To Other Uses in Abuja

By Festus Fifen. The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike has approved the withdrawal and revocation of Government houses sold to individuals by the FCT Administration but converted to other uses. Director, Department of Development Control FCTA, Mukhtar Galadima , disclosed this at a news conference in Abuja on Friday. Galadima... Read More
Africa News, Breaking News, Business, Nigeria Capital, Nigeria News
October 19, 2023

PRESIDENT TINUBU APPOINTS NEW LEADERSHIP ACROSS THE INFORMATION AND NATIONAL ORIENTATION SECTORS

President Bola Tinubu has approved the appointment of eight (8) new Chief Executive Officers for Parastatals and Agencies under the Federal Ministry of Information and National Orientation: (1) National Orientation Agency (NOA) — Director-General / CEO — Mr. Lanre Issa-Onilu (2) Nigerian Television Authority (NTA) — Director-General / CEO — Mr. Salihu Abdulhamid Dembos (3)... Read More
Africa News, Breaking News, Business, Business
October 6, 2023

YOUTH EMPOWERMENT: Education Ministry, World Bank to Train 50,000 Youth On Digital Skills

By Festus Fifen. In line with the Blueprint of the Tinubu led administration on youth empowerment, the Federal Ministry of Education in collaboration with The World Bank have said they target to train a minimum of 50,000 youth in Nigeria to empower them with various digital skills through the innovation grants. The project which is... Read More
Africa News, Breaking News, Business, Nigeria Capital, Nigeria News, World News
October 3, 2023

NDIC commences payment of N16.18bn to liquidated banks’ depositors

Following impressive recoveries from debtors and realisation of assets of banks in liquidation, the Nigeria Deposit Insurance Corporation (NDIC) has declared N16.18 billion liquidation dividends to depositors, creditors and shareholders of 20 banks in-liquidation. A statement by the Director, Communication & Public Affairs, NDIC, Bashir Nuhu, dislosed that the Corporation has commenced verification and payment... Read More
Africa News, Breaking News, Business, World News
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