The Chief Executive Officer of the National Deposit Insurance Corporation, Bello Hassan, has advised bankers in the country to focus on cybersecurity. He disclosed this on Friday at the swearing-in ceremony of Professor Pius Olanrewaju as the 23rd president/chairman of the council of the Chartered Institute of Bankers of Nigeria in Lagos. He ... Read more

The Federal Government in partnership with the African Union-Inter-African Bureau for Animal Resources Resilient African Feed and Fodder Systems Project have established a multi-stakeholder platform to provide producers with easy access to high-quality animal feed at competitive prices. According to a release from the Ministry of State for Agric ... Read more

The Lagos Fire Service has announced that a petroleum tank farm caught fire in the Apapa area of Lagos State on Friday. However, the Nigerian National Petroleum Company Limited, which owned the oil depot, denied the claim of the incident. The Director of Public Affairs of the Lagos State Fire and Rescue Service, Amodu Shakiru, told a correspo ... Read more

African leaders have been advised to establish inland ports through public-private partnerships (PPPs) to catalyse job creation, revenue generation and economic growth at no cost to the government. This was disclosed by a United States (U.S.)-trained maritime and anti-piracy security expert, Alfred Oniye, in a position document sent to a corresp ... Read more

The African Development Bank Group (AfDB) and the Inter-American Development Bank (IDB), yesterday, has applauded the announcement made by the International Monetary Fund’s (IMF) Executive Board approving hybrid capital as an eligible instrument for channeling of Special Drawing Rights (SDRs). The proposed SDR-hybrid-capital based solution ... Read more

Sterling Bank, in collaboration with AI in Nigeria, has announced the ‘Nigeria AI Landscape and Startup Report,’ offering a comprehensive view of Nigeria’s AI ecosystem and startup scene. The report explained the significance role of AI in driving innovation and economic growth in Nigeria while providing insights into the chall ... Read more