NCDC detects three fresh Omicron variant of COVID-19 in Nigeria
The Nigeria Centre for Disease Control (NCDC) has confirmed three more cases of COVID-19 with the B.1.1.529 SARS-CoV-2 lineage, i.e., the Omicron variant, in Nigeria. This brings the total number of confirmed cases of the Omicron variant detected in Nigeria to six. The NCDC had on 1st December 2021 announced the detection of three cases. The agency stated that all the Omicron...
Chevron: 60 years of partnering with Nigeria for development
On December 1, 2021, Chevron Nigeria Limited (“CNL”), operator of the joint venture with the Nigerian National Petroleum Company Limited, (“NNPC”) – “NNPC/CNL JV” - marked 60 years of its operations in Nigeria. It was on December 1, 1961, that Gulf Oil Company, a subsidiary of Gulf Corporation, was registered in Nigeria and obtained its first prospecting license. Gulf...
Zulum visits, gifts N5m to injured soldiers
Governor Babagana Zulum on Monday night visited soldiers injured during a fierce battle, on Friday, between troops and Islamic State of West Africa Province (ISWAP) terrorists at Rann. Rann is a border town between Nigeria and Cameroon, in Kala Balge Local Government Area of Borno State. Zulum interacted with and consoled all the affected soldiers in Army Hospital at Maimalari Barracks,...
Atiku’s Probe: 2 sacked NFIU directors drag agency to court
Two sacked directors of the Nigerian Financial Intelligence Unit (NFIU), on Tuesday, dragged the agency before the National Industrial Court (NIC) sitting in Abuja, praying the court to set aside their dismissal from public service. Mr. Muhammed Abdulrahman, an Associate Director in charge of Intelligence and Investigation and Ms Fehintola Salisu, Associate Director, Compliance and Analysis, were sacked for alleged...
Ecobank appoints GTB’s Executive Director, Mobolaji Lawal, MD-designate
Ecobank Group has appointed Mr. Mobolaji Lawal as Regional Executive/Managing Director-designate of Ecobank Nigeria, subject to the approval of the Central Bank of Nigeria (CBN). Lawal was an Executive Director with the GTBank until his appointment with Ecobank. Lawal’s appointment is made ahead of the retirement of Mr. Patrick Akinwuntan, who will retire on reaching mandatory retirement age in January 2022. Mrs....
NBS: Nigeria’s foreign trade hits N13.3trn, import surpasses export
Nigeria’s total merchandise trade rose to N13.3 trillion in Quarter Three of 2021, representing 10.43 per cent increase over N12.02 trillion recorded in Quarter Two, Mr. Simon Harry, the Statistician-General of the Federation, has said. Harry announced this on Monday in Abuja during a media conference on the “Foreign Trade in Goods Statistics for Quarter Three, 2021”. He said that of the...
FIRS advocates all-inclusive revenue in tax-to-GDP computation
To properly determine the accurate computation of Nigeria’s tax-to-GDP ratio, all revenues generated at the national and sub-national levels must be highlighted. The Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, stated this in his welcome remarks at the “National Symposium On Taxation And Challenges Of External Shocks: Lessons and Policy Options for Nigeria,” on Monday, organised...
Huawei wins Future Digital Awards for Fintech & Payments
Huawei recently won two Future Digital Awards in Fintech & Payments from Juniper Research. Huawei’s FinTech Platform was awarded as the platinum winner for Best Mobile Money Offering 2021 and Huawei Overdraft Solution was awarded as the gold winner for Financial Platform 2021. Juniper Research’s Future Digital Awards for Fintech & Payments recognises the most impactful financial products and services operating...
Huawei releases Sustainability Report, ‘Tech for Good’
Huawei has released its 2020 Sustainability Report explaining the major progress the tech giant has made over the year in its four strategies for sustainability: digital inclusion, security and trustworthiness, environmental protection, and a healthy and harmonious ecosystem. The company has been publishing the sustainability report over the last 13 consecutive years. One of the areas the report focused on was...
Climate change: Huawei rallies telcos around low carbon 5G solutions
As global attention shifts towards halting and reversing the impacts of global warming, technology company, Huawei, has recently concluded an Energy Efficiency Summit in Dubai with the theme “Maximizing Network Energy Efficiency.” The event brought together more than 100 energy experts from the world’s leading telecom carriers, including Etisalat, STC, Telefonica, and TI (Telecom Italia), together with representatives from the...
