Global Citizen, the renowned international advocacy organisation focused on eradicating extreme poverty, has announced Ifeoma Chuks-Adizue as Managing Director for Africa. Based in Lagos, Chuks-Adizue will lead Global Citizen’s strategic initiatives across the continent, with a major focus on Move…
Benue to build brewery as residents spend N850m on beer monthly
Benue State Government has concluded plans to start production of beer brand to stop capital flight to other states. The Managing Director of Benue Investment and Property Company, Dr Raymond Asemakaha, disclosed this to journalists on Tuesday. He said that…
NDIC increases Maximum Deposit Insurance coverage from N500k to N5m
The Nigeria Deposit Insurance Corporation (NDIC) on Thursday increased the maximum deposit insurance coverage levels for Deposit Money Banks from N500,000 to N5 million. The Managing Director of NDIC, Bello Hassan, announced this in Abuja at a press conference, stating…
REMITA selected based on merit – CBN
The Director of Banking Services, Central Bank of Nigeria (CBN), Hamisu Abdullahi, has highlighted the fact that Remita was selected based on merit to provide an electronic platform essential for facilitating payments from Ministries, Departments and Agencies (MDAs) to beneficiary…