The Independent National Electoral Commission (INEC) has declared the All Progressives Congress (APC) candidate, Mr Fuad Laguda, winner of the Surulere Federal Constituency I by-election in Lagos State.
Author: Abdoulaye Kay
The equity market on Thursday rebounded by 1.63 per cent from its two-day losses due to improved investors’ buy interest in the stocks of Tier-one banks and BUA Cement.
Google has introduced its Bard chatbot, powered by the Gemini Pro model in Nigeria in a global move to expands the service starting from February 1, 2024.
Connected Development (CODE) has thrown its weight behind the Green Waka project to enhance the global green transition and sustainability in socio-economic development.
The Police command in Imo on Wednesday, confirmed the death of five vandals in an explosion that rocked Obitti community in Ohaji/Egbema Local Government Area (LGA) of the state.
Vice President Kashim Shettima has revealed that Prof Ishaq Oloyede is the first Registrar of the Joint Admission and Matriculation Board to have made over N50 billion for the Federal Government within a year.
The Corruption Perception Index (CPI) of the Transparency International Nigeria, in collaboration with the Civil Society Legislative Advocacy Centre (CISLAC) has showcased advancements by climbing five places in the global rankings for 2023. Released in Abuja on Tuesday, the report indicates a positive shift in the country’s anti-corruption efforts.
Bago, in a statement by his Chief Press Secretary Bologi Ibrahim made available to newsmen on Sunday, said prior to the discovery of oil in Nigeria, the northern region was globally recognized as a giant in agriculture, saying there was the need to change the narrative by reverting to the old days.
Recall that, in 2023, the Economic and Financial Crimes Commission (EFCC), arraigned Mr Bello, along with two others, before Justice J.K. Omotosho of the Abuja Division of the Federal High Court on 18 charges, and the court admitted them to N500 million bail on February 20, 2023.
In 2001, during my postgraduate program in Montpellier, South France, one of the most observable features of banks in France was the sparse population in banking halls. You can hardly see ten people in the banking halls, comprising bank workers and customers. The only reason for a customer to be in the banking hall is to open a new account or negotiate a loan, not to withdraw cash or make a deposit. ATMs perfectly serve these functions. Even when you need a bank statement, a printing machine is poised at the gate for the customer’s self-service. Then, banking operations in France were about 70% digital. I am happy today in Nigeria; we are almost reaching where developed countries like France were over twenty years ago in banking operations. The advent of ICT has globalized all developmental sectors and made banking services effective, efficient, and timely. Nigeria has the potential and wherewithal to be on par with any nation in ICT and innovative technologies for the nation’s development. However, we still face poor infrastructure, human resistance against change, sabotage by the beneficiaries of the old order, and other mundane and archaic reasons to slow down progress. The plan to relocate the Central Bank of Nigeria from Abuja to Lagos can be viewed within this context.