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9PSB boosts tech entrepreneurship at Kano Tech Conference

Nigeria's digital payment service bank, 9 Payment Service Bank (9PSB), took a significant step in fostering the growth of Information Technology startups by sponsoring the recent Kano TechPrenuer Conference. Held at Meena Event Centre on Lodge Road in Kano, the event served as a platform for tech enthusiasts, entrepreneurs, and innovators to converge, exchange ideas, and explore emerging trends within the digital space. Organized by IMH Global under the theme "Empowering Tomorrow: Innovating in the Digital Space," the conference aimed to facilitate networking opportunities and share insights to bolster innovation and entrepreneurship. During the event, Akeem Salam, Group Head of...
Industry News

ADVAN Dialogue: Tinubu’s Economic Reforms Boosting Investor Confidence In Nigeria – FG

The Minister of Information and National Orientation, Mohammed Idris, has said President Bola Ahmed Tinubu has acquitted himself credibly in creating a conducive environment for the private sector to blossom through implementing policies that prioritize economic growth and promote innovation. Idris made the remarks in Lagos on Friday at the Advertisers Association of Nigeria (ADVAN) Dialogue with the theme “Public-Private Collaboration in the Marketing Industry, the Path to Economic Viability.” Represented by the Director General of the Advertising Regulatory Council of Nigeria (ARCON), Dr. Olalekan Fadolapo, the Minister canvassed for strategic collaboration with ADVAN in the development of industry standards...
Industry News

Price hike: FCCPC, LASG to sanction erring supermarkets

The Federal Competition and Consumer Protection Commission and the Lagos State Consumer Protection Agency have joined forces to enhance consumer rights protection in Lagos. According to a statement recently, this was revealed during a recent visit by LASCOPA’s General Manager to the FCCPC headquarters in Abuja. The acting Executive Vice Chairman of the FCCPC, Dr. Adamu Abdullahi, while welcoming the GM of LASCOPA, Afolabi Solebo, said the two agencies would soon embark on joint inspection of supermarkets, grocery stores and other trading outlets to ensure conformity with the consumer rights law. He highlighted the necessity of collaboration to effectively safeguard...
Business

Olufowose succeeds Hassan-Odukale as First Bank chairman

A Non-executive Director of FirstBank Nigeria Limited, Ebenezer Olufowose, has been appointed to succeed Tunde Hassan-Odukale as the chairman of the bank. According to a corporate filing recently the parent company of the bank, FBN Holdings informed the Nigerian Exchange Limited and the investing public of the change in leadership following the completion of Hassan-Odukale’s 12 years as a non-executive Director in line with Central Bank of Nigeria Corporate Governance Guidelines. Olufowose, who is the Group Managing Director of First Ally Capital Limited, was appointed to the board of the bank on April 29, 2021. Before getting on the board...
IT/Telecoms

SIM-NIN Linkage: Airtel says 7.9m lines complied with NCC directive

Airtel Nigeria said about 7.9 million of its subscribers have successfully linked their Subscriber Identity Modules to their National Identification Number. The second-biggest telecom operator by subscriber base disclosed this on Thursday in its financial report ending March 2024. Meanwhile, 5.7 million customers were still in the process of verifying their NINs, the operator said. However, it added that it was engaging with these customers to ensure a smooth verification process. Hoodlums clash in Lagos, set market on fire0.00 / 0.00 The telco noted in its report, “Airtel Nigeria has complied with the directives issued and barred all customers without...
Industry News

NAFDAC Assures Nigerians of Drop in Cost of Medicines, Frowns on Spiral of Fake Drugs‌

The Director-General of, the National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Mojisola Adeyeye, has assured Nigerians that the current high cost of medicines in the country will become a thing of the past as the agency in partnership with the pharmaceutical industry working hard to bring down the cost of drugs, just as it frowns at the polarisation of fake medicines in the market Speaking in the same vein, the Coordinating Minister of Health and Social Welfare, Prof Ali Pate, also assured Nigerians that the various policy measures already put in place by the President Bola...
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