Nigeria Today: Top 10 News Stories You Shouldn’t Miss

1. The Minister of Communication Technology, Dr. Omobola Johnson. has confirmed the appointment of a Bangladeshi firm, International Investment Facilitation Company, as advisor on a project that will transform the Nigerian Postal Service into a financial services provider. 2. Guaranty Trust Bank Plc has secured a $175 million (about N34 billion) loan from the IFC to expand its lending to sectors that drive economic growth and job creation in Nigeria. 3. Nigeria, Ghana and Senegal will in January, 2016 be subjected to the Intergovernmental Action Group against Money Laundering in West Africa, GIABA’s mutual evaluation to ensure that they have a robust anti-money laundering mechanism in accordance with Financial Action Task Force, FATF recommendations. 4. The Managing Director of Law Union and Rock Insurance, Mr. Jide Orimolade, recently organised a  children’s accident insurance education programme for parents  pointing out that parents can protect their children through accident insurance cover. 5. In an effort to drive growth of digital technologies in the country, Accenture, service providers and mobile phone manufacturers, have initiated a partnership for industry transformation. 6. Nigeria’s flag bearers at this year’s Confederation of African Football (CAF), Kano Pillars, flew out of the country last  night to Morocco to honour their postponed continental Champions League first round, first leg match with Moghreb Athletic Tetouan of Morocco. 7. The spokesperson for the Dangote Group, Mr. Tony Chiejina has confirmed that Dangote’s 500,000 barrels per day capacity refinery would start operations in Nigeria by 2017. The new refinery, which is worth $9billion, is to be situated in Lagos State. 8. As part of its Corporate Social Responsibility, the Nigerian Ports Authority (NPA) in collaboration with the Abidjan-Lagos Corridor Organization (ALCO) have commenced a sensitization campaign for stakeholders in the Nigerian transport and maritime sector on how to prevent HIV/ AIDS. 9. The Board of the Securities and Exchange Commission (SEC) has given the go-ahead to the management of the commission to come out with new rules that will make the market more efficient and attractive to investors and issuers. 10. The National Pension Commission (PenCom) has said that it has transferred the sum of N8.81billion contributed by workers under the National Social Insurance Trust Fund (NSITF) to their respective Pension Fund Administrators (PFAs).    

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This article was first published on 18th March 2015

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