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Experts task FG on economic blueprint
Some financial experts on Monday said that the planned unveiling of the Federal Government’s economic blueprint, if well-articulated, could rejuvenate economic activities.
They told newsmen...
IsDB Group promotes connectivity for sustainable development at WTO’s Aid for...
The Islamic Development Bank (IsDB) Group organized an event on “Promoting Connectivity for Sustainable Development”, on the sidelines of WTO’s Aid for Trade Global...
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Standard Chartered launches first-ever digital bank in Africa
Standard Chartered Bank has announced the official launch of its digital bank in Côte d’Ivoire. This marks the Bank’s first digital bank in Africa...
Union Bank unveils innovations on digital banking platforms
Union Bank has unveiled a plethora of digital banking solutions at an interactive media event on Wednesday 26th July, 2017 at the Heritage Place,...
PoS transactions decline by N16bn in January
The value of transactions carried out through Point of Sale (PoS) terminals in the country dropped by N16 billion in January this year compared...
Naira appreciates 30.3%, highest against dollar in 10 months
The naira on Friday appreciated by 30.3 per cent, the highest since February when the Central Bank of Nigeria (CBN) began its aggressive interventions...
Keystone Bank launches new service number
Keystone Bank Limited has introduced a new SMART number for customer support, the lender said in a statement yesterday.
The bank ina statement said the...
How #OccupyCBN protest flopped
The attempted protest against the foreign exchange policies of the Central Bank of Nigeria (CBN) tagged #OccupyCBN protest on Friday by a group allegedly...
Fidelity celebrates Export Management Programme anniversary
Top Nigerian lender, Fidelity Bank Plc, is set to celebrate the first anniversary of its highly regarded Export Management Programme (EMP).
Launched in 2016,...
Heritage Bank extends agent banking in Lagos
Heritage Bank Plc has registered its presence at Ogijoin in Sagamu Local Government Area of Ogun State with the commissioning of Dunmop Ventures as...
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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...
DisCos mull introduction of power theft bill
The Commissioner for energy and Mineral Resources, Lagos State, Olawale Oluwo, has said that a power theft bill is being prepared, with the involvement...
Discos not responsible for stoppage of CAPMI scheme –ANED
The Association of Nigerian Electricity Distributors (ANED) on Wednesday said that the body was not responsible for the stoppage of the Credited Advance Payment...
Consumers protest poor power supply, crazy bills in Calabar
No fewer than 600 electricity consumers from Efut Musaha Clan in Calabar South on Thursday stormed the Customer Care Centre of the Port Harcourt...
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 FG terminated Dangote’s network management contract
The recent termination of network management contract won by to the Dangote Group has been blamed on the faulty process of the concessioning agreement....
Erratic power supply, bane of economic growth – Dangote
African business leaders have singled out the unavailability and erratic supply of power across the continent as the biggest impediment to Africa’s growth, urging...
TCN to attain 20,000mw transmission capacity in 3 years
The Interim Managing Director of Transmission Company of Nigeria (TCN), Mr Usman Gur Mohammed said the firm targets 20,000 megawatts (mw) transmission capacity in...
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One million telecom consumers activate 2442 code – NCC
Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, on Wednesday said more than one million consumers activated the 2442 Do-Not-Disturb...
Nigeria ranked 6th on cheapest broadband per gigabyte
Nigeria has been ranked sixth in the latest study by the Research ICT Africa, on some 10 African countries with cheapest 1 Gigabytes (GB)...
Minister wants improved ties with India to develop tech-based solutions
The Minister of Communication, Barrister Adebayo Shittu has advocated Nigerian businesses to tap into the reservoir of knowledge among their Indian counterparts to develop...
Cyber security stakeholders urged to apply measures to stem attacks
Minister of Communications, Mr Adebayo Shittu, has urged cyber security stakeholders to put measures in place to tackle all forms of cyber-attacks in the...
Africa has 3 years to meet broadband target of 50% – Kagame
Rwandan President, Paul Kagame has said that public-private partnership (PPP) and bridging the digital divide will help Africa meet the Broadband Commission target of...
MTN may exit Nigeria over fines, others
Indications have emerged that MTN may exit the Nigerian market over what it terms incessant imposition of fines and penalties by the Nigerian Communications...
African digital start-ups to secure capital from World Bank
Twenty African digital start-ups are set to secure between $250,000 and $1.5 million from the World Bank Group under its XL Africa initiative attracting...
APO Group, Africa Tech Now to strengthen Africa’s visibility in Las Vegas
The leader in media relations in Africa and Middle East, APO Group, and the Africa Tech Now organizers, International Boost, have announced the...
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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 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...
Fitch rates Zenith, GTBank highest Nigerian Banks
Fitch Ratings, one of the biggest rating agencies in the world, recently rated Zenith and Guaranty Trust Bank (GTB) highest in Nigeria despite downgrading...
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...
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...
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...
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...
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...
