Business

The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has charged Africa to lead Artificial Intelligence (AI) revolution through strategic leadership and inclusive innovation. He urged industry leaders across the continent to integrate Artificial Intelligence (AI) into their business, organisational, and operational models to unlock new opportunities, redefine leadership, and drive smarter decision-making. Inuwa made this…

The Managing Director and Chief Executive Officer of the Oil and Gas Free Zones Authority (OGFZA), Bamanga Usman Jada, has been named the LEADERSHIP CEO of the Year 2024 in the Public Sector Category. At the well-attended Leadership Newspapers Annual Conference and Awards held recently at the Banquet Hall of the Presidential Villa, Abuja, the OGFZA boss was among high-achieving…

Dangote Petroleum Refinery on Wednesday announced a further reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol to N835 per litre. The new price is set at N835 per litre, down from N865 per litre, marking a 3.5 per cent decrease.This price adjustment follows the recent decline in global crude oil prices, which have dropped…

Prior to the recent uproar caused by investors’ inability to access their investments, many Nigerians had never heard of CBEX. Crypto Bank Hybrid Exchange, popularly called CBEX, reportedly commenced in Nigeria in 2024, despite claims of existence since 2017, a timeline that contradicts its domain registration and distinguishes it from the legitimate China Beijing Equity Exchange. According to a report,…

Access Holdings Plc on Wednesday announced its audited financial results for the full year ended December 31, 2024.  The Group delivered 88per cent year-on-year growth in gross earnings, rising from N2.594 trillion in 2023 to N4.878 trillion in 2024. The strong performance was driven by diversified income streams, with interest income growing by 110per cent to N3.480 trillion and non-interest…

The Nigeria Data Protection Commission (NDPC) on Tuesday said it signed a Memorandum of Understanding (MoU) with the Abuja chapter of the Information Systems Audit and Control Association (ISACA) on the 2025 National Code4Privacy Hackathon 2.0.  The National Commissioner/CEO of the NDPC, Dr Vincent Olatunji, during his remark, expressed his delight and commended ISACA for being a strategic partner to…

 For its excellence in corporate transparency and governance, Dangote Cement Plc has been honoured as the Platinum winner of the Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Limited (NGX REGCO)’s Corporate Reporting Award for the financial year ending 2023.  Organised by ICAN-NGX REGCO, the event was meant to celebrate excellence in corporate transparency and governance. It was…

The Securities and Exchange Commission (SEC) on Tuesday said it is collaborating with the Small and Medium Enterprises Development Agency of Nigeria to implement joint nationwide sensitization campaigns on “Financing SMEs through the Capital Market.” Director General of the SEC, Dr. Emomotimi Agama who stated this during a meeting with SMEDAN in Abuja, said the agencies will also co-brand financial…

The National Information Technology Development Agency (NITDA), has signed a Memorandum of Understanding with SecDojo, SAS, a Cybersecurity training and upskilling company, to strengthen national resilience against cyber threats through targeted capacity building initiatives. SecDojo is a cybersecurity training platform with a strong regional presence and a mission to build local talent and resilience in cybersecurity. The signing ceremony took…

Some angry mob made up of investors at of Smart Treasure (ST Team), an arm of the CBEX crypto trading platform on Monday evening looted the company’s office in the Oke Ado axis of Ibadan, the Oyo state capital. In multiple videos circulating on social media, the investors were seen breaking into the company’s premises, carting away valuables such as…