The National Information Technology Development Agency(NITDA), and  MassChallenge has sealed partnership to create, promote and connect Nigeria's Information Technologies(IT) startups to global markets. Recall, NITDA recently launched the new initiative in partnership with MassChallenge with the focus of accelerating top startups in Nigeria for no equity taken. Prior to the kick...
Officials of the Economic and Financial Crimes Commission, EFCC have taken fresh official oaths, pledging among others, to perform their duties diligently and honestly. According to a statement issued by the Commission's Head of Media and Publicity, Mr. Wilson Uwujaren, the oath taking excercise which took place today, 18 May,...
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed has reiterated the country's commitment to addressing illicit financial flows (IFFs). Mrs Ahmed said, unless checked, IFFs would continue to significantly erode domestic revenues, enable corruption, threaten economic stability and sustainable development, divert money from public priorities and hamper...
The Federal Government said it  has received  £4,214,017.66 looted by former Delta State Governor, James Ibori  and his family members. The Attorney-General of the Federation and Minister of Justice, Abubakar Malami,   made the revelation on Tuesday in a statement through  his spokesperson, Umar Gwandu. TheFact Nigeria Recalled  that the minister of...
African Export-Import Bank (Afreximbank) has successfully closed a US$1.3 billion dual tenor bond issuance, the Bank’s largest-ever transaction in the international debt capital markets. Afreximbank printed a US$600 million 5-year note at a spread of T+185bps and a US$700 million 10-year note at a spread of T+220bps, after achieving a...
The Nigerian Communications Commission (NCC) has resolved 99.2 per cent of service-related complaints received from telecom consumers across the major network operators in Q1, 2021. According to the Q1, 2021 Report on Complaint Management issued by the Consumer Affairs Bureau of the Commission, a total of 3,019 consumer complaints were...
The Action Alliance has said that the Party is considering the option of challenging the illegal, unwarranted arrest of its Ebonyi State Chairman, Hon. Godwin Ukwu. National Chairman of the Action Alliance, Chief. Barr. Kenneth Obidiche Udeze made this known in a chat with TheFact Nigeria on Tuesday. TheFact Nigeria gathered that...
Defence Headquarters, DHQ says, it would need nothing less than 2 billion dollars (about N826 billion) annually to fund its Armed Forces to effectively fight the daunting challenges of insecurity which it presently faces. Director of Production, Defence Headquarters, Air Vice Marshal M. A. Yakubu disclosed this while speaking at...
Traditional rulers and concerned community leaders have commended the Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta for his role in boosting security and supporting other initiatives aimed at developing Danbatta Local Government Area, Kano State and its environs, as...
Nasarawa State governor, Engineer Abdullahi Sule, has urged officials, members and supporters of the All Progressives Congress (APC) in the state, to ensure that the party remains united ahead of the forthcoming congresses and national convention of the party. Engineer Sule made the call when he hosted the state interim...