The Economic Community of West African States (ECOWAS) is one of eight Regional Economic Communities (RECs) recognized by the African Union (AU). Until September 2023, it had 15 member states. However, Mali, Burkina Faso, and Niger announced their withdrawal following ...
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Only Two Banks Meet New Capitalisation Target – Fitch
Only two banks have so far been able to meet the new capital requirements prescribed by the Central Bank of Nigeria (CBN), with most of the other banks still in need of huge capital injections, international rating agency, Fitch Ratings, has ...
Read More »Peace Poly Upgraded To Run ND, HND Programs
…as FME, NBTE give nod at Upgrade Resources Inspection Visit By Our Correspondent The Federal Government of Nigeria has granted permission to the prestigious Peace Institute of Management and Technology (Peace Poly) Abak to run full academic program in National ...
Read More »Four YEARS AFTER…Nigeria Struggling To Meet 70% Broadband Penetration Target
…Project stalled at 42%, 4,834 communities lack basic mobile connectivity …Nasarawa, 7 others reduce right-of-way fees to boost access Nigeria’s renewed push to achieve a 70 per cent broadband penetration target by the end of 2025 is under severe threat. ...
Read More »ECOWAS, India Strengthen Ties ON Regional Development, Security
The Economic Community of West African States (ECOWAS) and India have reaffirmed their commitment to strengthening cooperation, focusing on economic development, investment, and regional security. This was highlighted during a visit by the chief of mission of the Indian High ...
Read More »Canada Bans US Firms From Contracts, Cuts Elon Musk’s Starlink Deal
Canada’s most populous province and its commercial nerve centre, Ontario, has announced a ban on United States’ companies bidding for government contracts and dumped a deal with Elon Musk’s Starlink in a pushback to US tariffs. “Ontario won’t do business ...
Read More »Coca-Cola To Process 13,000MT Plastic Bottles Yearly At New Packaging Collection Hub
The Coca-Cola System in Nigeria, comprising Coca-Cola Nigeria Limited and its authorised bottler, Nigerian Bottling Company (NBC), has announced the commissioning of a Packaging Collection Hub in Apapa, Lagos. The facility, described by the company as a landmark initiative in ...
Read More »Ex-Super Eagles Star Tijjani Babangida Partners MOP Stars FC To Export Talents To Europe
Former Super Eagles star, Tijjani Babangida, and MOP Stars FC Academy, have signed a Memorandum of Understanding (MoU) to develop and transfer young Nigerian football talents to clubs in the United Kingdom and other parts of Europe. The MoU, which ...
Read More »US-based Nigerian Unveils Research Group To Tackle Public Health Crises
A United States based Nigerian health communication expert, Ugochukwu Madu, on Friday launched the GloCal Health Communication (GHC) Research Group in a significant move to address global public health challenges. Madu at the launching which held in Iowa City, Iowa, ...
Read More »Tackle Inflation: World Bank, IMF Urge CBN
…As Rate Hits 34.8% The World Bank and the International Monetary Fund (IMF) have called on the Central Bank of Nigeria (CBN) to remain steadfast in controlling inflation. Nigeria’s inflation rate increased to 34.8 percent in December, up from 33.6 ...
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