Open House Archives - Page 10 of 32

CBN peg new minimum capital requirement for banks at N500bn, N200bn

Leah TwakiMarch 30, 20244 min

CBN has given all banks 24 months to meet the minimum capital requirement. The Central Bank of Nigeria (CBN) on Thursday, March 28, 2024, unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation at N500 Billion. This development came days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the financial system. Acting Director, Corporate Communications Department,...

Citizens Speak

EXCLUSIVE: Citizens express concern over increased Hajj fare

Sharon EboesomiMarch 29, 20248 min

Senator Ali Ndume had earlier condemned the increase, describing it as unfair and a calculated attempt to prevent Nigerian Muslims from taking part in the pilgrimage. The Governor of Kano State, Abba Yusuf, has paid N500,000 each for 2,900 intending Kano pilgrims who will perform this year’s Hajj under the umbrella of the Kano State Pilgrims Welfare Board. Governor Yusuf disclosed this on Wednesday in a post on his Facebook page, which according to him,...

Citizens Speak

Nigeria Seeks Joint West Africa Regional Protection of Undersea Cables

Leah TwakiMarch 25, 20244 min

Maida expressed that securing telecom infrastructure is paramount for fostering Foreign Direct Investment (FDI) and enhancing investor confidence in the West African sub-region. In response to recent disruptions caused by undersea cable cuts affecting connectivity across West Africa, Nigeria has called for a unified effort among regional nations to protect shared telecommunications infrastructure and ensure uninterrupted services. Dr. Aminu Maida, Executive Vice Chairman of the Nigerian Communications Commission (NCC), emphasized the need for a coordinated...

Spotlight

Everything about the Student loan repeal and re-enactment bill

Olabode AfurewajuMarch 23, 20245 min

The student loan policy has garnered significant traction recently with its indefinite postponement just 48 hours before its scheduled launch and a letter to the National Assembly from the President seeking a repeal and re-enactment of the Act.

Offsides and Softsides Senate

Tinubu hosts Senators as they break Ramadan fast

Sharon EboesomiMarch 23, 20243 min

Following the dinner, Senator Jibrin Barau (APC, Kano North) took to his X handle (formerly known as Twitter) to appreciate President Tinubu for hosting the Senators which he described as “historic” President Bola Tinubu has hosted the leadership of the Senate to a dinner to break the Ramadan fast. The dinner was held at the State House on Thursday, 21st March 2024 with the Senate President, Godswill Akpabio, his Deputy, Jibrin Barau and other Principal...

House of Representatives Senate Spotlight

GESI TRACKER: Student loan and need to support out-of-school children

NewsroomMarch 22, 20245 min

In this week’s GESI Tracker, for March 11th to 15th, 2024, the National Assembly highlights important Gender Equality and Social Inclusion (GESI) components, including the urgent need to address the challenges faced by out-of-school children and the Student Loans Scheme. GESI TRACKER: Student loan and need to support out-of-school children The need to support out-of-school children. In Nigeria, millions of children are out of school due to poverty, limited access, gender, conflict,...

House of Representatives Senate Spotlight

REVEALING: National Assembly establishment bills stifling Oronsaye Report

Korinjoh ReginaMarch 22, 20248 min

Despite the recommendations of the Oronsaye report and the clamour for leaner and more efficient government parastatals, legislative contradictions continue to abound, with 1477 establishment bills sponsored before the National Assembly in the past five years.

Featured Spotlight

Reps partner OrderPaper in implementation of parliamentary programme

Korinjoh ReginaMarch 19, 20244 min

In a significant affirmation of its status as Nigeria’s preeminent policy think tank that bridges the gap between citizens and parliament, OrderPaper has been listed as a key partner in the implementation of the Parliamentary Development Programme (PDP) of the 10th House of Representatives for the period 2023-2027 The 10th House of Representatives recently unveiled its four-year development plan, titled Parliamentary Development Programme (PDP) for the 10th House of Representatives, National Assembly, 2023-2027. This event...

Nuggets & Learning

INSIGHT: Sustainability as the New Deal for Companies and Communities

Oke EpiaMarch 18, 20246 min

Sustainability refers to the responsible management of the earth’s finite resources to meet present needs without compromising the ability of future generations to meet their own needs. The House of Representatives recently threatened to issue arrest warrants on executives of some companies operating in Nigeria’s oil and gas industry. The alleged offence of these companies is their failure to honour invitations to explain or defend their Corporate Social Responsibility (CSR) initiatives to host communities in...

Citizens Speak

Heirs Technologies appoint Obong Idiong as CEO

Leah TwakiMarch 14, 20243 min

Idiong, renowned for his extensive experience in the technology sector and visionary leadership approach, assumes the helm of Heirs Technologies with a wealth of accomplishments. Heirs Technologies, a prominent digital transformation company, has declared the appointment of Obong Idiong as its Chief Executive Officer (CEO), signalling a strategic move to fortify its position in delivering cutting-edge enterprise solutions and IT consulting services for businesses. Idiong, renowned for his extensive experience in the technology sector and...

Newer Posts

Older Posts