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FIWON, civil society groups protest demolition of homes, livelihoods
The Federation of Informal Workers’ Organizations of Nigeria (FIWON) has vowed to join other civil society groups to protest on-going demolition of homes and...
Dangote Foundation donates N1.2bn for Bayero University Business School
In his avowed commitment to encouraging entrepreneurship in the country as a way out of the economic doldrums, Nigeria’s business magnate, Aliko Dangote, is...
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Heritage Bank empowers 100 small businesses
In a bid to deepen financial inclusion, Heritage Bank has empowered 100 aspiring and existing young micro entrepreneurs in Ajegunle, Lagos State with a...
Access appoints Ovie Jobome as executive director
Access Bank has announced the appointment of Dr. Gregory Ovie Jobome, as Executive Director, Risk Management Division.
Dr. Jobome is a thorough bred banking professional...
Fitch gives Access Bank’s national rating an ‘A+’
Fitch Ratings, a global rating agency has in its latest report rated Access Bank Nigeria’s National Long-Term Rating an ‘A+’ from ‘A’, and affirmed...
Zenith Bank: Interest income sustains profitability in Q1 2018
Zenith Bank PLC has released its Q1-2018 results, showing improved performance across key line items. Gross earnings was higher by 14.52% y/y (-20.91% q/q)...
Aminu Babangida emerges Unity Bank chairman
Directors and senior management staff of Unity Bank are no less excited with the appointment of Aminu Babangida, son of Ibrahim Babangida, former Head...
Naira gains N6, as CBN suspends 19 banks, 195 BDCS from FX sale
Contrary to analysts’ predictions that the Naira would suffer a setback in its recent appreciation in the foreign exchange markets, the local currency on...
Union Bank kick starts 100th anniversary celebrations
One of Nigeria’s most respected financial institutions, Union Bank, has kicked off celebrations to mark its 100th anniversary of service in Nigeria. The kick-off...
T-Bill auction may further reduce system liquidity
The Central Bank of Nigeria (CBN) auction of Treasury Bills (T-Bill) Wednesday would further mop up liquidity, and this may further weaken expected new inroads into...
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Nigeria’s TCN secures $1.6bn to boost power sector
The Transmission Company of Nigeria (TCN) has confirmed that it received about $1.661 billion worth of investments from international donors to boost power supply...
Africa Renewable Energy, major donors, locked in battle for control
The Africa Renewable Energy Initiative (AREI), a continental initiative to increase access to electricity is now the subject of a raging debate, with civil...
Billing controversies may delay metering of consumers
The controversies surrounding estimated billing may delay metering of consumers who are yet to be metered.
Investigation reveals that uncertainties still surrounds government’s implementation of...
Shell set to invest $2bn in Kano Electricity Distribution Company
Global oil giants, Shell, has stated its readiness to invest $2 billion in Kano Electricity Distribution Company in the next three years.
The company’s plan...
Energy theft: Eko DisCo promises 20% proceeds to whistle blowers
Eko Electricity Distribution Company Plc (EKEDCP) has offered to pay anyone who reports energy theft by some unscrupulous elements 20 percent of the money...
German-African energy forum to boost Africa’s energy security, investment
The African Energy Chamber has congratulated the German Government and the African-German Business Association (Afrika-Verein der deutschen Wirtschaft) on the success of the 13th...
Investors flay FG’s plan to escrow DisCos’ accounts
Investors in Nigeria’s power distribution sector have kicked against the Federal Government's plan to escrow revenue accounts of distribution companies (DisCos).
The investors insisted that any...
Infrastructure gap: Nigeria loses $30b annually
Nigeria currently has infrastructure deficit of $30 billion annually which has been affecting the oil and gas sector negatively.
Dapo Oni from Ecobank Oil and...
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CBN, NCC give reasons for intervening in Etisalat crisis
The Central Bank of Nigeria (CBN) has said it intervened in the crisis between Etisalat and a consortium of 13 Nigerian Banks over a...
MainOne listed as Microsoft Azure ExpressRoute connectivity provider for Nigeria
MainOne, West Africa’s leading communications Services Company and operator of the premier Tier III Data Center, has announced its official listing by Microsoft as...
EU fines Google €2.42bn over search engine dominance
The European Union through the European Commission on Tuesday, fined the search engine giant, Google €2.42 billion for alleged breaching EU antitrust rules.
The European...
Globacom appears favoured as 9Mobile shops for buyer
GSM operator, Globacom could be the new owner of 9Mobile if recent media reports are anything to go by. Results of the bidding process...
Porting activities increase by 2,321 in February- NCC
The Nigerian Communications Commission (NCC) has declared that porting activities within telecommunications service providers increased by 2,321 in February.
NCC’s online report of “Incoming and...
2017 year of the consumer, NCC declares
The Nigerian Communications Commission (NCC) has declared 2017 the Year of the Consumer, just as it has set to flag off this strategic campaign...
FG to expand nation’s digital governance platform – Minister
Minister of Communications, Abdur-Raheem Adebayo Shittu on Thursday in Abuja said efforts are on to expand the number of Data Centres in the...
NCC empowers telecom consumers on rights to quality services, safety
The Nigerian Communications Commission (NCC) has developed a number of programmes aimed at empowering telecommunications consumers to enforce their rights to quality services.
Abdullahi MaiKano,...
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Lagos begins evacuation of articulated vehicles on Apapa- Oshodi expressway
In its determination to ensure free flow of traffic and safety on the road, the Lagos State Government on Wednesday commenced the process of...
Uber pays $1.3bn to enter Middle East via acquisition of Careem
It has been going on behind the scenes for months, dominating most of the ride-hailing gossips. And now, it has been confirmed that the...
Business conditions improve in Nigeria- Survey
A survey conducted by Stanbic IBTC research analysts has indicated that business conditions in the country have continued on an upward trend for the...
Sanwo-Olu at 54: Celebrating man on mission for greater Lagos
By Gboyega Akosile
A good head and good heart are always a formidable combination. But when you add to that a literate tongue or pen,...
First Bank named Nigeria’s most customer friendly bank
First Bank of Nigeria Limited has emerged the Most Customer Friendly bank at the BusinessDay annual banking awards, 2016. The Bank was also named...
Port Louis, Mauritius is best Africa city – Quality of Living Survey
Mercer, a global consulting leader in advancing health, wealth and careers, and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), ranks...
Business growth remains high on African boardroom agenda – PwC … Despite economic...
PwC’s Africa Business Agenda report shows that 85% of African CEOs (Global: 85%) are confident in their own company’s prospects for revenue growth over...
ECA plans campaign against maltreatment of people with disabilities
The Social Development Policy Division (SDPD) of the Economic Commission for Africa is co-organizing the launch of a global campaign for the “Good Treatment...
