Notable business leaders and political figures across the globe will be joining the private sector in setting agenda for Lagos State towards the next decade at ‘Ehingbeti’, the Lagos Economic Summit. This was disclosed on Sunday in a statement titled ‘Catriona Laing, Mo Ibrahim, Adesina, Okonjo-Iweala to speak at Ehingbeti’. The statement said the summit […]
By Foster Obi The International Federation of Women Lawyers Convention, FIDACON 2021, is kick starting Monday February 15, with the theme, ‘From Barriers to Bridges,’ and will be ending February 17, 2021. According to the organisers, registration for the fully packed event which will be virtual can be made online using a credit/debit card via […]
The Digital Rights Lawyers Initiative has approached the Federal High Court in Lagos to challenge the Central Bank of Nigeria and Securities and Exchange Commission for prohibiting banks from dealing in cryptocurrencies and closing down of suspected bank accounts. In the suit number, FHC/L/CS/ 188/2021, DRLI wants the court to declare that virtual currencies are […]
The Senate has invited the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele to brief its committees on the opportunities and threats of cryptocurrency on the nation’s economy. The decision of the Senate to invite the CBN governor is sequel to a motion by a Federal Lawmaker Senator Istifanus Gyang during plenary on […]
By Foster Obi In a continued effort to curtail the incidence of Energy theft, Ikeja Electric Plc has introduced incentives for exposure of energy thieves within its network. For established cases of energy theft, the whistle-blower will be rewarded from the reconnection penalty paid by the culprit in accordance with the fees stipulated in the […]
The Senate has invited the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele to brief its committees on the opportunities and threats of cryptocurrency on the nation’s economy. The decision of the Senate to invite the CBN governor is sequel to a motion by a Federal Lawmaker Senator Istifanus Gyang during plenary on […]
The Minister of Communications and Digital Economy, Dr Isa Pantami, has said the Federal Government plans to replace Bank Verification Numbers with the National Identity Numbers. The minister said this while briefing newsmen after a facility tour and inspection of the ongoing NIN enrolment exercise at NIMC and other designated centres in Abuja. He said […]
The Nigerian Communications Commission says mobile operators will henceforth pay a porting transaction fee of N450 on each subscriber than they receive from another network. In a document titled ‘Nigeria Mobile Number Portability: Business rules and port order processes’, released on Monday, the commission added that the fee might vary from time to time at […]
The International Monetary Fund (IMF) has advised Nigeria to establish a unified exchange rate regime with a near-term focus on allowing for greater flexibility and removal of payments backlog. The Fund also called for continued reforms aimed at promoting economic diversification and reducing dependence on oil and increasing employment. IMF, in a press statement issued […]