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AMCON MD honoured by Arewa Youth Assembly
Coming as the third honour this year, the Arewa Youth Assembly (AYA) has presented the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria...
Osinbajo Inaugurates 1.5 Billion USD fertilizer plant in Port Harcourt
Osinbajo commended Indorama for keying into the Presidential Fertilizer initiative which President Buhari launched last year to make fertilizers cheaper nationwide.
“At the end of...
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FirstBank promotes female entrepreneurship with FirstGem initiative
First Bank Limited has restated its determination to continually promote female independence and entrepreneurship through one of its numerous initiatives called FirstGem.
The lender in...
FirstBank launches refreshed website
Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has officially announced the launch of its refreshed and user-friendly website.
The new website...
Naira stable at 498/$1, experts predict further depreciation
The Naira on Tuesday dropped to 498 per dollar against 493 it was sold on Monday by open market dealers; this is even as...
Naira appreciates, settles at N465/$1 at parallel market
The nation's currency, the Naira on Tuesday, November 8, recorded gains against the dollar as it settled at N465 per US Dollar in the...
Access Bank customers to profit from DiamondXtra scheme
The Head of Consumer Liability Products, Diamond Bank, Osita Ede has said Access Bank Customers will be introduced to the DiamondXtra scheme after the...
Heritage Bank, YESGrant boost entrepreneurship with N50m
Heritage Bank in partnership with the Nigerian Young Professionals Forum (NYPF) has intensified its support to young entrepreneurs with a grant of N50 million.
The...
GTB rated “Strong Buy” after Q3 16 results
According to its recently released unaudited 9M 2016 results, Guaranty Trust Bank Plc. GTB’s earnings accelerated further by +60% YoY vs H1: +45% YoY,...
Green Bond: SEC approves Access Bank’s book building
Nigeria’s apex regulatory institution, the Securities and Exchange Commission (SEC), has approved Access Bank Plc’s book building as the bank is set to issue...
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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...
Why willing seller, buyer policy won’t solve Nigeria’s power problems
By Moses Nasamu
Energy or, more accurately, access to energy is one of the biggest barriers to social and economic growth that the African continent...
Consumers to be carried along in future electricity tariff reviews – Fashola
The Minister of Power, Works, and Housing, Mr. Babatunde Fashola, has said that the methodology for the future review of tariffs in Nigeria’s electricity...
Ikeja residents petition EFCC over outrageous bills
Residents of Ejigbo in Lagos State have lamented what they described as “outrageous bills’’ often issued to them by Ikeja Electricity Company (IEC)
According to...
Aba, Ibadan power coys improve, pledge better services
Geometric Power/Aba Power Limited promises it will light up Aba, the commercial hub of the South East region five months from now. The next...
FG to spend $5.7bn on Mambilla electricity project
The Federal Executive Council (FEC), presided over by President Muhammadu Buhari, has approved 5.792 billion dollars (about N1.140 trillion) for the construction...
Eko Disco announces 5-day planned power outage
Eko Electricity Distribution Company (EKEDC) announced that there would be five days power outage within Ikoyi, Victoria Island and part of Lagos Island from...
NERC, Works Ministry feud over destruction of electricity infrastructure
The Nigerian Electricity Regulatory Commission, NERC, has raised concerns over destruction of electricity facilities due to engineering and construction works across the country.
According to...
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MainOne canvasses local Internet traffic exchange within Africa
West Africa’s leading provider of connectivity and data center solutions, MainOne has reiterated the importance of Internet traffic domiciliation as a key requirement for...
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...
Stakeholders canvass retention of Mobile Economy Dialogue
Stakeholders in the public and private sector, particularly those from the Information and Communications Technology (ICT) have called for the retention of the quarterly...
‘Year of the consumer’ records more success — NCC
The declaration of 2017 as the Year of Telecom Consumer by the Nigerian Communications Commission (NCC) has continued to harvest more success stories, the...
MTN Fine: NCC denies bribery allegation against officials
Nigerian Communications Commission (NCC) has refuted allegations that some of its officials were bribed in the negotiation and ongoing settlement of the N330billion fine...
CPC wants new MoU with NCC on quality of service
The Consumer Protection Council, (CPC) has requested for a new memorandum of understanding (MOU) with the Nigerian Communications Commission (NCC) in order to sustain...
Recession: MTN may defer listing on NSE
MTN Group Ltd. may put off plans to list its Nigerian operation until 2018 as Africa’s largest wireless carrier works to resolve a regulatory...
Glo introduces ‘Borrow me Data’
The grandmasters of data, Globacom, has introduced a new product which ensures that its over 30 million subscribers can have uninterrupted Internet connectivity at...
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Tax Appeal Tribunal resolves N10bn worth of disputes
The Tax Appeal Tribunal sitting in Kaduna, with jurisdiction over the North West Zone, comprising the seven States of Kaduna, Kano, Kebbi, Katsina, Zamfara,...
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...
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,...
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...
MTN’s history of disregard for Nigerian laws
By Henry Onyema
Since MTN officially entered into the Nigerian Telecoms Market in 2001, the company has had a notorious history of flagrant disregard...
OHP: PPP advancing sustainable healthcare systems in Nigeria
The first phase of the Oloibiri Health Programme (OHP) was recently inaugurated and comprises of the remodelled General Hospital, Kolo; Water Treatment Plant; Hybrid...
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...
Rebuilding African fashion industry in post COVID-19 era
The disruption of the COVID-19 pandemic on global value chains and its impact on African businesses is already evident. As factories close their doors...