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Ogunccima lauds Dangote Group at Gateway Trade Fair
The Ogun State Chamber of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) has commended the Pan African Conglomerate, Dangote Group for its giant strides in...
Women’s role in nation building very paramount, says Sanwo-Olu’s wife
Wife of Lagos State Governor, Mrs Ibijoke Sanwo-Olu has said that the role played by women in nation building cannot be over emphasized as...
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Naira to trade tight this week over CBN measures
The Naira is expected to trade in a tight range at the official and parallel markets this week as the Central Bank of Nigeria...
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...
Expert tasks CBN on forex intervention for Naira appreciation
An economist, Mr Charles Mordi has urged the Central Bank of Nigeria (CBN) to continue to inject Foreign Exchange (forex) into the market to...
Entrepreneur tasks CBN on sanctioning banks
The Managing Director, Pel Extract Limited, Linus Kotey, who is also the Chairman, Lagos State Small Scale Industrial Estate Matori, Lagos, has urged...
Four directors resign from Skye Bank
Some Executive Directors of Skye Bank Plc have tendered their voluntary resignation of services to the bank.
The management of the bank in a regulatory...
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...
UBA wins Most Innovative Bank of the Year award
Pan African banking and financial services group, United Bank for Africa (UBA) Plc has added yet another award to its growing list of laurels...
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...
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N26.4bn debt, others hamper Olorunsogo 335MW capacity
Managing Director/Chief Executive Officer of Pacific Energy Company Ltd, operator of Olorunsogo Power Plant in Ogun State, Monsuru Afinni, has disclosed that a debt...
Transcorp, Nigeria’s biggest power provider – Elumelu
As part of Transnational Corporation of Nigeria Plc (Transcorp) commitment to increasing yield and returns to shareholders, Chairman Transcorp, Tony Elumelu has said the company projects...
GE reinforces commitment to improve energy access in West Africa
GE Renewable Energy’s Grid Solutions business today announced that it has signed two deals to build energy systems in Benin and upgrade three substations...
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...
Power supply to Nigerian households still inadequate – Poll
A new power poll released by NOIPolls Nigeria for the fourth quarter (Q4) of 2019 has revealed that power supply to Nigerian households experienced...
How power sector lost N2b in two days … Stalls 4,405MW of...
Nigeria’s power sector has lost a whopping N2.114 billion to gas, water and grid constraints in two days, a daily report of the power...
10,000MW: Achievable come 2019 – Fashola
The Federal Government’s promise of providing 10,000 Megawatts is a nonissue as the country has the installed capacity to provide 12,000 Megawatts all things...
Africa needs to modernise grid to solve power distribution problems
Electrification is an on-going and foundational investment, and a necessary one to realize all modern-day development objectives. Despite bullish policies, the fact remains that...
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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...
NCC denies membership of Etisalat’s new board
The Nigerian Communications Commission (NCC) has said that it was not among the members of the new board of Etisalat.
The Director of Public Affairs,...
Clickatell helps MTN South Africa launch chat commerce on WhatsApp
MTN South Africa is partnering with global customer engagement company, to launch MTN Chat, enabling its customers to engage with the telco over WhatsApp.
MTN...
Nigeria can save $5.6bn via public sector transformation
Nigeria has been ascribed as capable of saving up to $5.6bn annually if it digitally transforms and integrates the information and communications systems of...
Ericsson predicts 310 million LTE subscriptions in Africa by 2023
A report by global leaders in ICT services and solutions, Ericsson has predicted that mobile subscriptions in Sub-Saharan Africa are expected to grow by...
MTN raises $1bn in two dollar bonds
MTN has said it has raised $1 billion (R13.9 billion) in two dollar bonds, which is the first such issue by Africa's biggest wireless...
MTN losing internet subscribers over data issues
The Nigerian Communications Communication (NCC) has disclosed that Nigeria’s leading telecommunications service provider, MTN Nigeria, lost 178,103 internet subscribers in the month of June.
According...
CSquared envisions affordable broadband internet connectivity for Africa
CSquared, a pan-african broadband infrastructure provider that enables ISPS and MNOs to provide high quality broadband through shared infrastructure, has spelt out its operational...
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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 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...
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...
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,...
International Coffee Day: Nestle tells the NESCAFÉ story
The story of your NESCAFÉ begins long before it reaches your cup. The tiny coffee bean, which is dried, roasted and ground into the...
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...
Outlook 2020: Africa’s economy forecast to grow despite external shocks
For the first time in a decade, investment expenditure rather than consumption accounts for more than half of GDP growth; report calls for urgent...
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...
