Osinbajo Outlines FG’s Policies for Development of ICT Startups Ecosystem

BusinessTelecommunicationOsinbajo Outlines FG’s Policies for Development of ICT Startups Ecosystem

Bada Yusuf Amoo (Correspondent)April 30, 2021

Vice President Prof. Yemi Osibanjo has said that the Federal Government is to reconvene the Technology and Creativity Advisory Council on policies that would support the ecosystem for ICT startups in the country. Osibanjo said this on Thursday, at the Startup and Developer virtual event organized by Google, with the theme “ The African Start-up Ecosystem Opportunity’’, in Abuja Represented by Mr. Kashifu Inuwa, Director-General of the National Information Technology Development Agency (NITDA), Osibanjo identified...

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CBN Reshuffles First Bank Board

BusinessNewsCBN Reshuffles First Bank Board

Bada Yusuf Amoo (Correspondent)April 29, 2021

The Central Bank of Nigeria (CBN) has approved the appointment of Tunde Hassan-Odukale as Chairman of First Bank of Nigeria Limited (FBN). CBN also approved the appointment of Remi Babalola as Chairman of FBN Holdings Plc, a subsidiary of FBN. It had earlier announced the removal of Mrs. Ibukun Awosika as Chairman of the board of FBN and Mr. Oba Otudeko as Chairman of the board of FBN Holdings also announced the reinstatement of Sola...

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Enugu Governor, Ifeanyi Ugwuanyi, Calls on Indigenes to Think of Home

BusinessNewsEnugu Governor, Ifeanyi Ugwuanyi, Calls on Indigenes to Think of Home

Bada Yusuf Amoo (Correspondent)April 28, 2021

Gov. Ifeanyi Ugwuanyi of Enugu State on Tuesday urged all illustrious sons and daughters of the state to think home in their investment decisions. Ugwuanyi made this call when he formally declared open Easton Hill Continental Hotel, Independence Layout, Enugu built by a businessman, Chief Mike Onu from Nkanu West Local Government Area open in Enugu. The governor reiterated his administration’s commitment to expanding the frontiers of favorable investments in the state, through sustained improvement...

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National Sports Festival Remains Good Investment in Youths, Ex-NOC Official Says

BusinessEntertainmentSportsNational Sports Festival Remains Good Investment in Youths, Ex-NOC Official Says

PilotnewsApril 26, 2021

LAGOS — Elias Gora, a former Secretary-General of Nigeria Olympic Committee (NOC), says the biennial National Sports Festival (NSF) remains a good investment in ensuring Nigerian youths are positively engaged. Gora told the News Agency of Nigeria in Lagos on Monday that the Festival could however be improved upon to discover more talents for Nigeria. He emphasised the need to also use the Festival to continue to promote peace and unity in the country. “It...

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NERC Mulls Extraordinary Tariff Review for 11 DisCos

BusinessNewsNigeriaPowerNERC Mulls Extraordinary Tariff Review for 11 DisCos

PilotnewsApril 26, 2021

LAGOS — The Nigerian Electricity Regulatory Commission (NERC) says it is concluding the Extraordinary Tariff Review process for the 11 Electricity Distribution Companies (DisCos). NERC, which is the regulator of Nigeria’s power sector, made this known on Monday in a notice to the general public and industry stakeholders posted on its website. The commission said the review was pursuant to the provisions of the Electric Power Sector Reform Act (EPSRA). According to NERC, extraordinary tariff...

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NNPC Normalises Petrol Supply in Week of Petroleum Tanker Drivers Strike

BusinessEconomyOil & GasNNPC Normalises Petrol Supply in Week of Petroleum Tanker Drivers Strike

PilotnewsApril 25, 2021

ABUJA — The Nigerian National Petroleum Corporation (NNPC) began its week with the task of normalising the supply of Premium Motor Spirit (PMS) at different filling stations in the country especially the FCT following the strike embarked upon by Petroleum Tanker Drivers (PTD) over remuneration. The normalisation started with the corporation increasing the daily supply of petrol across the country from 550 trucks to 1,661 trucks to combat the buildup of fuel queues in some...

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Jigawa Farmers, Herdsmen Board To Carve Out 95km For Grazing Reserves

BusinessNewsNigeriaJigawa Farmers, Herdsmen Board To Carve Out 95km For Grazing Reserves

Hassan Umar Shallpella (Regional Correspondent)April 23, 2021

As part of measures to tackle farmers/herders incessant clashes in Jigawa state, the Jigawa Farmers and Herdsmen Board have concluded plans to carve out 95km of grazing reserves. On Jan. 1, 2008, former governor Sule Lamido, established 400 grazing reserves, 50 of which have already been gazetted. The effort to establish and demarcate grazing reserves in Jigawa was part of a multi-dimensional approach adopted by Lamido early in the day to address the perennial problem...

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Federal Government Lifts Ban On New Sim Registration

BusinessEconomyTelecommunicationFederal Government Lifts Ban On New Sim Registration

Hassan Umar Shallpella (Regional Correspondent)April 16, 2021

ABUJA — The Federal Government has approved the activation of new SIM card registration with mandatory National Identity Number linking, starting from April 19, 2021. The Technical Assistant (Information Technology) to the Minister of Communications and Digital Economy, Dr. Femi Adeluyi disclosed this in a statement on Thursday. Part of the statement read “For IoT/M2M activations, SIM security protocols would be implemented on the SIM profile to ensure that SIMs can only be used for...

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Kano, Katsina Residents Laments Over High Cost of Cement

BusinessEconomyNewsKano, Katsina Residents Laments Over High Cost of Cement

Hassan Umar Shallpella (Regional Correspondent)April 15, 2021

The prevailing scarcity and high cost of cement nationwide have been blamed on cement manufacturers. Some residents of Kano and Katsina States told the News Agency of Nigeria (NAN) that the situation had affected building projects and left bricklayers redundant. In Kano, Alhaji Kabiru Idi, a building contractor, said he had delayed some of his projects due to high cost of building materials.  “I want to continue but I had to stop because of the...

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Lion Business Park Unveiled In Enugu Free Trade Zone

BusinessLion Business Park Unveiled In Enugu Free Trade Zone

Ije Ulasi (Regional Correspondent)April 14, 2021

The Lion Business Park, LBP, a commercial initiative promoted by Lion Business Park Ltd and the Enugu State Government of Nigeria on Tuesday was unveiled by the Enugu State Governor, Ifeanyi Ugwuanyi. The Park sits on two thousand (2000) hectares of land within the Enugu Free Trade Zone near popular 9th Mile Corner, Enugu is the biggest economic hub in the South-East geopolitical zone in Nigeria with an estimated investment portfolio of $12 billion (USD)...

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