news

Nigeria Customs is cracking down on banks that are slow to send in collected revenue. Their spokesperson, Abdullahi Maiwada, said delays break their service agreement and hurt government income transparency. The agency will start penalizing any designated bank that misses its remittance...

CRC Credit Bureau just hired a new head for its brand and communications team. Olawuyi Awofisayo got the job to manage corporate messaging and stakeholder relations. The company's managing director, Dr. 'Tunde Popoola, said his skills fit their goal of expanding credit access and financial...

A business group wants to change how Nigeria trains young people for jobs. The Institute of Business Development, led by Alhaji Sadiku Rafindadi, proposed these reforms at a conference in Abuja. They introduced the Innovative Empowerment Community Network, or IECN, as a unifying plan. This...

The Lekki Deep Sea Port is now completely automated. Its CEO, Wang Qiang, says this move is meant to improve international trade. He encouraged importers and government agencies to use the port's digital systems. Full digitalization of customs and other services should speed up cargo clearance...

A state lawmaker praised a federal decision on major projects for the Cross River. Chief Hilary Bisong, the assembly's Chief Whip, commended the approval of over four billion dollars in public-private partnership investments. He said this aligns with the national Renewed Hope Agenda to attract...

PalmPay is giving away a huge sum of money to its users for the holidays. The digital bank has allocated four hundred million naira for a customer reward campaign. The promotion runs for several weeks, ending in early January. It is tied to their Purple December brand initiative. The headline...

A Nigerian billionaire businessman recently met with Zambia's president. Dr. Stanley Uzochukwu, who leads Stanel Group and The Delborough Lagos, visited President Hakainde Hichilema. He was accompanied by a former Sierra Leonean president, Ernest Bai Koroma. The CEO of Flutterwave, Olugbenga...

A former bank executive named Chikatara Mbonu blamed Nigeria's economic problems on inconsistent policies. He spoke at an engineering lecture series in Ibadan. The event also launched a book by Rev. Engr. Ette Ikpong Etteh. Mbonu argued that stability requires respecting continuity in national...

PTAD's head, Tolulope Odunaiya, met with a retired airline workers group. The Association of Airways Retired Workers of Nigeria brought their pension concerns to the table. Their Chairman, Onuh Stephen, and a representative, Ahmed Sulu Gambari, were present. The main topic was getting former...

The BNP has set up a committee to handle the return of its Acting Chairman, Tarique Rahman. He is expected to come back to Bangladesh after over seventeen years abroad. The reception committee is led by Salahuddin Ahmed. Ruhul Kabir Rizvi is serving as its member secretary. The group includes...

A once-promising Bangladeshi badminton player named Moynul Islam Munna saw his playing career crash early. He started playing in 2007 and was a national-level regular. Things fell apart at a 2014 national tournament in Sylhet. Officials blocked him from competing over a club versus district...

Dengue cases are still climbing in Bangladesh. Health officials reported 240 new infections in a single day. At least one more person died from the virus. The numbers come from the Directorate General of Health Services. The new cases were spread across the country. Dhaka divisions accounted...

The soccer Federation Cup schedule got messed up because of one postponed game. The Bashundhara Kings versus Mohammedan Sporting Club match was supposed to happen in Cumilla. It got moved because of a conflict with Victory Day. The game is now set for Dhaka's National Stadium on a later date...

Sheikh Limon and Asia Khatun won gold at a boxing tournament named for the July Revolution. The event happened at Mohammad Ali Boxing Stadium. Over fifty fighters across eleven divisions competed all day. Categories included boys, girls, and senior men and women. A Bangladesh Olympic...

Bangladeshi officials told foreign diplomats their embassies in Dhaka will be safe during the upcoming national election and referendum. The Foreign Ministry gave this briefing at the Padma state guesthouse. Foreign Secretary Asad Alam Siam ran the meeting for about 40 diplomats based in the...

Cops in Dhaka shut down a protest march headed for the Indian High Commission in Gulshan. The group, July Oikya, organized the demonstration. They started moving from Rampura Bridge in the afternoon. Their main demand was for India to send back Bangladesh's PM Sheikh Hasina. They also wanted...

Lagos handed out cash and food to its retired workers at an event in Ikeja. The Head of Service, Bode Agoro, said the gesture shows the state remembers their service. He stated that Governor Sanwo-Olu prioritizes welfare for both current and former staff. Multiple pensioners at the NECA...

International Energy Insurance is having a virtual shareholder meeting at the end of the year. The main topic is a plan to raise up to 17.5 billion naira. This cash is needed to meet the new capital rules under the recent insurance reform act. A key part of the proposal involves converting an...

Lasaco Assurance got the green light from its shareholders to boost its capital. The insurer is aiming for a thirty-six billion naira level. This move beats the upcoming regulatory deadline for composite firms, which is set at twenty-five billion. The chairperson, Teju Philips, ran the meeting...

First HoldCo sold off its merchant bank. The parent company dumped FBNQuest Merchant Bank to the EverQuest Group. The move is about shifting money and focus, according to the board. The cash from the sale will bulk up the main subsidiary, FirstBank. They also plan to spend on tech stuff for...