There are 142 NIN enrolment centres spread across 42 major cities in the United Kingdom. The Capital of England, London, has the highest number of NIN centres with 48 registration points, followed by Manchester with 16 centres. The registration points are contracted out to private companies known as NIMC vendors. NIN enrolment Centres in London The … Read more
In recent times, Nigerian Treasury Bills were being oversubscribed, indicating great demand by investors. Takeaways: For investors who are interested in government money market instruments, most of them prefer the ones that have a short-term maturity period, that’s one of the reasons they go for FGN T-Bills. If you’ve never invested in FGN securities that … Read more
Primary Dealer Market Makers (PDMMs) are banks or other financial institutions that are appointed by the Debt Management Office (DMO) to act as authorized dealers in selling bonds of the Federal Government of Nigeria (FGN bonds). Understanding PDMMs in Nigeria PDMMs is a system put in place by DMO whereby some financial institutions are given an exclusive right to purchase/underwrite all government securities issued … Read more
Content is king in the digital world we live in. From breathtaking Instagram stories to mind-blowing TikTok videos, content producers never stop pushing the envelope of what’s possible. With technology constantly changing, these artists have access to a whole new range of cutting-edge tools that allow them to produce visually striking work. Greetings from the … Read more
FGN Savings Bonds (FGNSB) are government-issued debt securities of the Federal Government of Nigeria FGN Savings Bonds in Nigeria are designed to be long-term investments just like Series EE and Series I bonds in the United States. We will explore the meaning of FGN savings bonds, interest payments, and how to subscribe to FG-backed securities. … Read more
Former Vice President Alhaji Atiku Abubakar is the most followed Nigerian politician on X, now Twitter with 5.08 million followers. Others on the top 10 list are ex-President Muhammadu Buhari (4.6 million followers); ex-VP Yemi Osinbajo (4.27million followers); Peter Obi with 4.03million followers; Dino Melaye (3.7 million followers), and Shehu Sani with 3.22 million followers. … Read more
The first executive governor of Rivers was Melford Obiene Okilo while the incumbent governor of the state is Siminalayi Fubara. There have been 17 governors in Rivers State since the creation of the state in 1967: 10 of them were military administrators while 7 became governor through a democratic process. Rivers State Military Governors From 1967 To … Read more
From terrible implementation of regulatory and safety violations to compromised officials, the National Inland Waterways Authority is bedevilled with many problems. This article explores the major criticisms against NIWA since its establishment by the military regime of Sani Abacha in 1997. Compromised Officials There are many compromised officials within NIWA, making it challenging to achieve … Read more
The pioneer Managing Director of the National Inland Waterways Authority (NIWA) was Engr. Diori Rubiu Abubakar. He was appointed in 1998 and had his term renewed in May 2003 by former President Olusegun Obasanjo. The incumbent NIWA MD is Alhaji Munirudeen Bola Oyebamiji, assuming office on October 25, 2023, following the announcement of his appointment by President … Read more
The October 2023 report by the National Lottery Trust Fund (NLTF) claimed that over 65 million Nigerians engage in betting daily, spending an average of $15 calls for scrutiny. By this claim, this translates to $975million daily, $29.2Billion per month, and not less than $351billion per year on bet spending. If Nigerian bettors are committing … Read more
If you bought shares of Guinness Nigeria a few years ago, your name might be on the list of 45,759 unclaimed dividends recently published by the company. As of June 30, 2023, Nigeria Guinness says its Dividend 93 booklet contains names of shareholders whose dividend warrants were returned unclaimed “because their address could not be … Read more
From corruption to job racketeering, from transparency issues to procurement violations, there has never been any time the Nigerian Maritime Administration and Safety Agency (NIMASA) has not been in the news since its inception. While we acknowledge the success recorded by the agency, especially the automation of the registration process of Shipping Companies and Agents, … Read more
The Nigerian Maritime Administration and Safety Agency (NIMASA) has produced 13 Director Generals since 1988 to date. Its pioneer DG was Bassey Ekong. Bassey was appointed in 1988 by the regime military of Gen. Ibrahim Babangida. With its core mandate of pursuing the development of shipping and regulatory matters relating to merchant shipping and seafarers, … Read more
Starlink’s high-speed internet is now available in the country of Georgia, according to a press statement from the company’s headquarters on Wednesday, November 1, 2023. In 2021, SpaceX’s starlink showed interest in entering Georgia, during a meeting with top government officials who met with the SpaceX team in Los Angeles. A delegation from the country … Read more
The Central Bank of Nigeria (CBN) has no plan to redenominate the naira, a statement by the apex bank said on Tuesday. Background There is speculation in circulation that claims that Nigeria is planning to redenominate its currency by January 2024. The speculation gained traction both on social media and some messaging apps, causing panic … Read more