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SECTOR INSIGHT

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NDPC Investigates Alleged Privacy Breach At NIMC

The National Commissioner, Nigeria Data Protection Commission (NDPC), Dr Vincent Olatunji, has ordered a full-scale investigation in respect of allegations of unauthorised access to personal data of enrollees in the database of National Identity Management Commission (NIMC). The investigation is a further regulatory…
18/03/2024

DMO Denies Appointment of Eurobond Transaction Advisers

The Debt Management Office has faulted recent news reports suggesting the appointment of transaction advisers for a potential Eurobond issuance. The DMO made its position known in statement made available to press on Friday. It was earlier reported that the Federal Government has enlisted…
18/03/2024

Fertiliser Donation Not Direct Intervention – CBN

The Central Bank of Nigeria has said that it has not introduced a new intervention as a result of the fertiliser it donated to farmers recently. The CBN donated the fertilisers through the Ministry of Agriculture and Food Security. The apex bank disclosed this in a…
17/03/2024

CAC, NFIU Strengthen Collaboration Against Illicit Funds

The Corporate Affairs Commission has pledged to strengthen its relationship with the Nigeria Financial Intelligence Unit to ensure Nigeria exits the Financial Action Task Force’s grey list. The Registrar-General and Chief Executive Officer of the CAC, Ishaq Magaji, stated this on Friday while…
17/03/2024

Submarine Cable Repairs May Last Five Weeks – MainOne

MainOne, a leading provider of submarine cable systems, has revealed that the repair process for its damaged submarine cable may take up to five weeks. The company disclosed this in a statement on Friday following a fault experienced on its network on Thursday. Preliminary…
16/03/2024

Subsea Cable Cut: Operators Working to Restore Connectivity — NCC

The Nigeria Communications Commission has assured that cable operators are actively working to restore connectivity following the submarine cable cuts, which have left several African internet service providers with severe outages. The Director, Public Affairs, of NCC, Reuben Muoka, disclosed this in a…
16/03/2024

Nigeria Proposes $1bn For Rehabilitation Of Ports

The federal government has revealed that it has proposed a $1 billion investment for the rehabilitation of  the nation’s sea ports. The Minister of Marine and Blue Economy, Gboyega Oyetola, said the government has not achieved the maximum benefits to be derived from…
16/03/2024

Access Holdings Appoints Aig-Imoukhuede As Chairman

Access Holdings Plc has announced the appointment and return of Mr. Aigboje Aig-Imoukhuede as its non-executive chairman. Aig-Imoukhuede replaces Mr. Abubakar Jimoh, the erstwhile chairman of the HoldCo, who remains on the Board as an independent non-executive director. Access Holdings said that “this visionary…
14/03/2024
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