Economy

#Election2023 Results: Tinubu wins Ekiti, Atiku tops in Osun, LP cries foul

The results of Saturday’s presidential election so far declared indicate that the All Progressives Congress standard bearer, Bola Tinubu, has won the poll in Ekiti State while his Peoples Democratic Party counterpart, Atiku Abubakar, came top in Osun State. On the other hand, the Labour Party presidential candidate, Peter Obi, is leading his opponents in Edo State where he has recorded an early…
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Economy

El-Rufai warned against challenging the election results.

The Kaduna State Government has warned against any form of protests over the Saturday’s presidential and National Assembly elections results in the state. According to the Commissioner for Internal Security and Home Affairs, Samuel Aruwan, the announcement of result…
Technology

Ericsson said 5G will drive revenue growth.

Technology company, Ericsson, has said there is a correlation between fifth generation (5G) uptake and revenue growth by business operators. According to a research from the Ericsson Mobility Report, there is evidence for communication service providers (CSPs) worldwide by…
Aviation

FG Orders Implementation of New US Visa Validity Policy.

The Federal Government has directed the full implementation of a new visa reciprocity policy for citizens of the United States of America with effect from March 1, 2023. The Minister of Interior, Rauf Aregbesola, said the directive was issued following approval for the implementation of the new Bilateral Consular Policy Agreements between the two governments. The President, Major General…
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Banking

The CBN reviews the terms of office of bank directors.

The Central Bank of Nigeria has revised the regulatory requirements for the tenure of executive management and non-executive directors of Deposit Money Banks and Financial Holding Companies in the Code Of Corporate Governance For Banks And Discount Houses (Ref…
Banking

CBN appoints new press secretary.

The Central Bank of Nigeria has appointed Dr Isa Abdulmumin as its acting director of Corporate Communications Department. Abdulmumin, formerly a deputy director, took over from Osita Nwanisobi, who retired from the bank on Friday, after serving as the director of Corporate Communications since 2021. The CBN had approved Nwanisobi’s appointment as the director of its Corporate Communications…
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Economy

Interest groups are pushing for a plastic ban.

Stakeholders have called on the Federal Government of Nigeria to implement a ban on single-use plastic. The stakeholder who spoke at the Global Alliance for Incineration Alternatives Nigeria Members workshop on Civil Society Organisations Engagement with National and International Plastic Policy Processes in Lagos recently stated that the ban should take effect in 2024 instead of the 2028 date…
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