TARGETS Top industries under attack in sub-Saharan Africa in H1’20 include government, education, healthcare, and military Despite research showing an overall decrease in certain malware families and types in sub-Saharan Africa (SSA) in the first half of 2020, 36 per cent decrease in South Africa, 26 per cent decrease in Kenya and a […]
Following the brutal killings of unarmed protesters in Lagos and other parts of the country, organised labour under the auspices of National Union of Petroleum and Natural Gas (NUPENG) workers as well as Petroleum and Natural Gas Senior Staff Association (PEGASSAN) has condemned the situation, saying the unfortunate incident fell short of any acceptable minimum […]
DUE DILIGENCE There is an urgent need for binding due diligence legislation Civil Society groups, Centre for Research on Multinational Corporations (SOMO) and Civil Society Legislative Advocacy Centre (CISLAC), have beamed searchlight on the activities of Dutch oil firm, Vitol, accusing it of shady deals and falling below standard international practice. In […]
Following the acute shortage and scarcity of maize in some key agricultural subsectors, the Central Bank of Nigeria (CBN), on behalf of the Federal Government, has taken delivery of 262,000 metric tonnes (MT) of imported maize to augment local production and bridge the deficit in supply in line with the approval of emergency importation into […]
Animal Protection Organisation of Nigeria (APON) has called on Nigerians to show more care and compassion towards livestock in the country for betterment of a conducive environment. APON stated this while joining its counterparts across the world to mark the annual World Animal Day at Ikorodu metropolis of Lagos State. Leader of the non-profit […]
DECLINE By the second quarter of 2020, the sector experienced a decrease in the total value of non-oil export by 45.64 per cent Aftermath of Federal Government’s refusal to re-open the country’s borders, Nigerian exporters, under the umbrella of the Manufacturers Association of Nigeria Export Promotion Group (MANEG), have said its harsh decision is […]
Premium Pension Limited has rewarded its members across the country who emerged as the first to download the company’s Multichannel Mobile App recently. A statement by the firm’s Head, Corporate Communications, Aliyu Mohammed Ali, said the initiative was a strategic plan aimed at enhancing customer service and providing premium experience to the company’s esteem […]
The Nigerian Council of Registered Insurance Brokers (NCRIB) has resolved to work closely with the media as part of commitment to drive insurance awareness in the country. Making the declaration in Lagos, during a visit by executive members of National Association of Insurance and Pension Correspondents (NAIPCO), the President of NCRIB, Mrs. Bola Onigbogi, […]
Revise Merchant, regional banks can now appoint COOs not below AGM status The Central Bank of Nigeria (CBN) has reviewed the requirements for the appointment of Chief Compliance Officers (CCOs) by merchant banks and re gional banks. In a letter to all merchant banks and regional banks (commercial/ specialised) posted on its website […]
Shareholders of 11Plc (formerly Mobil Oil Nigeria Plc) have approved the company’s proposals to voluntarily delist from the Nigerian Stock Exchange. The approval was part of the resolution at the company’s Annual General Meeting (AGM) held in Abuja. The shareholders also approved the transfer of the real estate portfolio of the oil company to a […]