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Democracy Day: How President’s approval rating plummeted in four years
In Commemoration of the National Democracy Day on the 12th of June, 2019, NOIPolls Nigeria has released figures from its monthly approval rating for...
SERAP wants AGF to take complaints against Justice Onnoghen to NJC
Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “instruct the Attorney-General of the Federation and Minister of Justice Abubakar Malami...
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Ecobank shareholders approve resolutions, chairman hails improved outlook
Shareholders of Ecobank Transnational Incorporated have welcomed Ecobank’s return to profit for the year ended 31 December 2017, as they approved all the resolutions...
GTBank reports positive Q1-2018 performance amid strong NIR growth
Guaranty Trust Bank Plc released its Q1-2018 result on Wednesday showing positive performance in the top and bottom lines. Compared to Q1 last year,...
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...
Banking sector may collapse over high CRR
The Nigerian banking system have been projected to collapse in the near future if the present hash operating environment characterized by high Cash Reserve...
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,...
Zenith remains Nigeria’s most valuable banking brand
Nigeria’s leading financial institution, Zenith Bank Plc, has again emerged as the Most Valuable Banking Brand in Nigeria in the recently released Banker Magazine...
Naira drops to N500/$1 at parallel market, sell pressures dominates bond space
The open buy-back and overnight rates pared by 0.17% and 0.33% apiece subsequently dragging the average money market rate to 10.88% at the close...
Ecobank staff volunteer, fund-raise to help orphanages
Ecobank (Ecobank.com) employees and management in each of the pan-African bank’s 33 affiliate countries have again displayed their social conscience, care and commitment to...
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Direct electricity sale will liberate sector – GenCos
The Association of Power Generation Companies, APGC, has said that the Federal Government’s directive on direct sale of electricity to end users was a...
Power supply to Nigerian households remain poor – NOI Polls
Latest NOI Polls shows that power supply to Nigerian households remain poor despite the clamour for steady supply of power in Nigeria.
The opinion poll...
Nigeria’s power liquidity gap hits N1 trillion – EKEDC boss
The Chief Executive Officer of Eko Electricity Distribution Company (DisCo), Dr Oladele Amoda has lamented that the funding gap in the power sector has...
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...
Nigeria, Canada to sign $2.3b power deal
The Federal Government and a Canadian firm, TREDIC Star Core are working on a $2.3b power deal which could improve Nigeria’s electricity generation by...
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...
Nine African Ministries to participate at annual Africa Energy Forum in Copenhagen
African Ministries from Democratic Republic of Congo (DRC), Botswana, Burkina Faso, Ethiopia, Gabon, Madagascar, Morocco, Rwanda and Zimbabwe have confirmed to attend the Africa...
NERC goes tough, penalizes power company N10.2mn for illegal supply
The Nigerian Electricity Regulatory Commission (NERC) has fined Cummins Power Generation Nigeria Limited (CPGNL) the sum of at least 10.2 million for illegal supply...
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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...
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...
MTNN to invest N600bn in network expansion
MTN Nigeria (MTNN) is poised to invest about N600 billion (R32 billion) in its Nigerian network, the Africa’s largest mobile phone operator announced on...
Etisalat Nigeria changes name to 9Mobile Telcom
Etisalat Nigeria has changed its brand name to 9Mobile Telcom.
The name change follows on the heels of the recent pull out of Mubadala Group,...
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...
Seamless East Africa showcases future of payments, banking and fintech
Seamless East Africa, the region’s most extensive technology and solution event for the fintech, payments and banking industries has opened its doors at the...
Active telecom subscribers drop to 149m in April — NCC
The Nigerian Communications Commission (NCC) has disclosed that active telecommunication subscribers reduced from 152,467,198 in March, 2017 to 149,249,510 in the month of April.
The...
Etisalat urges SMEs to leverage ICT for business growth
Etisalat Nigeria has advised Small and Medium scale Enterprises (SMEs) to leverage Information and Communication Technology (ICT) because of the tremendous growth and expansion...
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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...
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...
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...
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,...
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...
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...
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,...
Why foreign investors shun West Africa
It was July 2017 when a submission from the World Bank left many reeling from the implications of the figures that had just been...
