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LASTMA allays fears of motorists on traffic law enforcement
The Lagos State Traffic Management Authority (LASTMA) has allayed the fears of motorists over the enforcement of traffic laws in the state. The agency...
Facebook confronts Cambridge University over researchers
After tackling U.S. lawmakers, Mark Zuckerberg is now taking on one of England’s oldest and most prestigious academic institutions amid a widening probe into...
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GTBank declares 30 kobo interim dividend for half-year 2019
Guaranty Trust Bank Plc (GTBank) has declared an interim dividend of 30 kobo per ordinary share of 50 kobo for the period ended Sunday,...
Sterling Bank, FCMB N7.5bn SPV papers admitted by FMDQ
The FMDQ OTC Securities Exchange has admitted a total sum of N7.5 billion Special Purpose Vehicles (SPV) for both Sterling Bank and First City...
COVID-19: GTBank’s shareholders to attend AGM by proxy
Against the backdrop of partial shutdown of business activities and capital market operations as precautionary measure to curtail the spread of the coronavirus disease,...
Banks increase credit to private sector in Q3
The Nigerian banking sector has recorded a sharp increase in its credit support for the private sector in the third Quarter of 2016, with...
Float your currency, forex expert tells Nigeria
Following the recent crises that have befallen Nigeria's currency, the Naira, a foreign exchange expert has advised the country to float its currency just...
UBA introduces *919# mobile payments platform
United Bank for Africa (UBA) has introduced a full-fledged banking platform, tagged UBA Magic Banking and enabled by dialling *919# within Nigeria.
The USSD code...
First Bank to enhance business sustainability, economic growth
Consistent with FirstBank’s thought leadership philosophy and its commitment to drive sustainable capacity building, the Bank’s Managing Director, Dr. Adesola Adeduntan will be participating...
Treasury bill sales, N120b bond auction may jerk up market rates
Continued sale of Treasury Bills (TB) by the Central Bank of Nigeria (CBN), which is an effort to mop-up excess liquidity in the system,...
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African utility week showcases home-grown solutions, business opportunities in energy market
African utility week showcases home-grown solutions, business opportunities in energy market
… Expo and conference to focus on major industry trends
The award-winning African Utility Week,...
Power: GenCos accuse DisCos of insincerity
The crisis brewing in the Nigerian Electricity Supply Industry (NESI) worsened last week as the electricity generation companies (GenCos) accused the electricity distribution companies...
Labour wants FG reappraise PHCN sale agreement
Unimpressed with the performance index of electricity companies in the country, the Senior Staff Association of Electricity and Allied Company (SSAEAC) has urged the...
AfDB approves $500,000 grant for clean energy
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank has approved a $500,000 grant to support the development and launch...
Poor power supply persists despite rise to 3,578MW
Power generation has risen from 3,161 megawatts, MW to 3,578 MW over the weekend as Electricity Generating Companies; GENCOs continue to increase generation after...
Benin Republic, Niger pay N48.84bn electricity bill to Nigeria
The Republics of Benin and Niger have paid a total of $159,773,116.61 (N48.84bn at the official exchange rate of N305.7 to a dollar) as...
Energy stakeholders, others meet in Washington for investment, partnerships
U.S. Governmental agencies and leading businesses in Africa will be uniting to explore partnerships that will provide predictability and security in the development phase...
Group wants N90.4bn CBN electricity fund accounted for
The Association of Nigerian Electricity Distribution Companies (ANEDC) has said that a balance of N90.4 billion out of the N213 billion Federal Government’s intervention...
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BuyRentKenya awarded best online real estate marketing platform
BuyRentKenya.com’s rise in Kenya’s online property market has been again underlined by another critical industry acclaim. In 2018, BuyRentKenya won all three of the...
Okere wants improved FinTech innovations for Nigeria, others
The Founder, CWG Plc and Entrepreneur in Residence, Columbia Business School, New York, Austin Okere, has canvassed that it is now imperative for Nigeria...
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...
MainOne, others partner to improve internet connectivity in Lagos
MainOne and Tizeti have announced the completion of a joint development project with Facebook to enable the expansion of internet services in Lagos. This...
NiRA lifts temporary suspension on domainking.ng
Nigeria’s domain name Registry, Nigeria Internet Registration Association (NiRA) has suspended the temporary ban placed on Domainking.ng following the compliance to rules guiding the...
dotAfrica (.africa) best option for Africa in cyberspace – ZACR boss
It is now possible to own an Internet address, or domain name, ending with .africa.
Already, more than 8000 of the continent’s and world’s biggest...
NCC cautions public on fake contracts award
The Nigerian Communications Commission (NCC) has cautioned members of the public against letters of contracts purportedly awarded by the commission in circulation, saying they...
Etisalat battles image challenges as it unveils new brand
Still battling with negative image as a result of the crises that culminated into its recent name change, 9Mobile Telcom, formerly known as Etisalat...
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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,...
COVID-19: Time for Nigeria to start looking beyond oil expert
A development and governance expert, Dr Chiwuike Uba, has expressed satisfaction with the decision of the Organisation of Petroleum Exporting Countries (OPEC) under the...
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...
9 ways capital market can fund 2017 federal budget deficit
The Nigerian Securities and Exchange Commission (SEC) has released a 9-point communique, highlighting the capital market’s role in supporting the mobilization and deployment of...
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...
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...
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...
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...
