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Osinbajo: we’re moving GDP to 25%

The federal government said it plans to move the Gross Domestic Products (GDP) from the current 15 per cent to 25 per...

Nigeria’s, others’ mobile economy hits $150b

The mobile ecosystem in Nigeria and other sub-Saharan African countries generated about $150 billion in economic value last year.
AON seeks govt support for indigenous carriers

AON seeks govt support for indigenous carriers

Domestic carriers on Tuesday urged the Federal Government to increase support to local carriers. Acting under the aegis of...

Capacity devt solution to unemployment, says Kumuyi

The General Superintendent, Deeper Life Bible Church, Pastor William Kumuyi, has said capacity building is a panacea to unemployment

Flour Mills’ net profit drops by 71% to N4b

Flour Mills of Nigeria Plc witnessed contractions in sales and profitability in the immediate past business year, as net profit declined by...

Wema Bank launches online platform ‘ALAT’

Wema Bank, the creator of Africa’s first fully digital bank, ALAT, has launched a new online platform to provide seamless payment services...

Pension complaints and solutions

ADETUTU: Hello Omobola, please my mother retired in the year 2005, as a principal catering assistant ll Grade level 10 step 2....

OAK takes pension to grassroots

OAK Pensions Limited is working to make pension more accessible to the grassroots through the micro pension plan, the Chairman of the...

Banks to partner credit bureaux on CBN’s loan policy

Banks will be collaborating with credit bureau operators  to achieve the Central Bank of Nigeria’s (CBN’s) 60 per cent Loan to Deposit...

Peace Hyde receives award at UK Parliament

Ghanaian TV personality, actor, social activist and media entrepreneur, Peace Hyde has received an award for Social Impact by The African Achievers...

Ondo partners Facebook for business prospect

Ondo state government has reaffirmed its commitment to providing support for its residents as it partnered Facebook through its partners, 360 media...

Ford, Volkswagen to build autonomous vehicles

Two of the world’s biggest car manufacturers are forging an alliance towards developing technologies aimed for the electric and autonomous segments.

I&E Forex window attracts $18.79b in seven months

The Investors and Exporters (I&E) Foreign Exchange Window has attracted $18.79 billion from foreign investors in the last seven months, a report...

NCC remits N51.3b revenue in Q1 to Fed Govt

The Nigerian Communications Commission (NCC) has remitted N51.3 billion to the Federal Government’s Consolidated Revenue Fund (CRF) in the first quarter (Q1)...

Inflation drops to 11.22%

Inflation dropped to 11.22 per cent last month, compared to 11.40 per cent in May, the National Bureau of Statistics (NBS) announced...

Mercedes-Benz dominates premium segment

After the first six months of the year, Mercedes-Benz continues to be the leader among the premium car brands in a highly competitive environment...

NADDC, FRSC for auto journalists’ workshop

The National Automotive Design & Development Council (NADDC) Director-General and the Federal Roads Safety Corps (FRSC) Corp Marshal Boboye Oyeyemi will lead...

Access Bank launches new payments platform

Fresh off the news cycle that saw Nigeria sign the Africa Continental Free Trade Agreement (AfCfta), Africa’s largest Bank, Access Bank Plc,...

Banks, Fintechs, telcos under investigation for data privacy breaches

The National Information Technology Development Agency (NITDA), is currently investigating some Nigerian banks, financial technology companies (Fintechs), and telecommunications companies (telcos) for...

NESG worried about rising population, unveils new corporate identity

The Nigerian Economic Summit Group (NESG) has unveiled and launched its new corporate identity, in line with its mandate of promoting and...

Association urges stricter border control to check smuggling, others

The National Palm Produce Association of Nigeria has called on the Federal Government to closely monitor its borders with neighbouring countries to...

Wema Bank gets brand ambassador

Wema Bank has unveiled Teni Apata, popularly known as Teni the Entertainer as its brand ambassador. Teni will serve as...

Security, knowledge gap hinder cryptocurrency

Though the Central Bank of Nigeria (CBN) is yet to give its nod to trading in virtual currencies in form of cryptocurrencies,...

Former Ambassadors congratulate Buhari on Nigeria News

Former Nigerian Ambassadors under the aegis of Association of Retired Career Ambassadors of Nigeria (ARCAN) have congratulated President Muhammadu Buhari for signing...

NIMASA leads sub-regional regulator chart

The Nigerian Maritime Administration and Safety Agency (NIMASA) tops the Port and Flag State Control chart in West and Central Africa.

DPR reiterates zero tolerance to infractions, lifts Petrocam’s sanctions

The Department of Petroleum Resources (DPR), yesterday, reiterated its stance about non-tolerance of acts of infractions from licensed operators, even as it...

Sterling Bank to unveil initiative, trains paramilitary on financial plan

Upholding its commitment to creating social good for communities across the country, Sterling Bank has trained serving members of the armed forces...

Ryanair closing bases due to Boeing 737 MAX crisis

Ryanair said Tuesday it will close some of its bases because of problems with Boeing’s crisis-hit 737 MAX jet, which has been...

Tecno seeks investment in youth devt

Technology firm, Tecno Nigeria, has stressed the need for more investment in youth development. Its Marketing Manager, Jeff Tang,...

Equities open with N110b loss

Nigerian equities reopened yesterday on the negative side as continuing sell pressure shaved off N110 billion in investors’ worth.

iSON implements self-care solution

iSON has implemented its Self-Care Solution. The solution intercepts the call at  Interactive Voice Response (IVR) level and automatically invokes the application...

Be careful online, experts warn

Information Technology (IT) experts and stakeholders in the Communication Ministry and information communication technology (ICT)-related sectors at the weekend, in Lagos, warned...

Tin Can Customs makes N179b

Tin Can Island Command of the Nigeria Customs Service has processed a total of 150,930 metric tons of export with free on...

Transport institute draws road map for development

The Chartered Institute of Transport Administration of Nigeria (CIOTA) has drawn map for its development and growth. This followed...

FCMB, MOD Education support customers’ overseas study

First City Monument Bank (FCMB) in partnership with MOD Education is supporting customers aspiring to study in foreign tertiary institutions.

Much ado about foreign airlines’multiple entry points

The multiple entry points granted foreign carriers by government is generating ripples in the sector. If unchecked, the ‘unbridled invasion policy may...

NCC mulls strategy to tackle fake phones, others

The Nigerian Communications Commission (NCC)  is set with other stakeholders in the information communications technology (ICT) ecosystem to establish a Mobile Device...

Experts knock ban on vehicle import through borders

How has the ban on vehicle import through land borders fared? It has failed to meet its objectives, say...

Submarine cable operators lament $3m repair cost

The Association of Submarine Cable Operators of Nigeria (ASCON) has lamented the huge cost of fixing submarine cables vandalised by unscrupulous elements.

Samsung Shines at Africa Assembly despite challenges to Foreign Businesses

Samsung Heavy Industries Nigeria (SHIN) and Total have won the highly coveted ‘Project of the Year’ award for the Egina Floating Production...

Triciabiz Launches Online Business School for Entrepreneurs in Africa

Business coach and trainer, TriciaBiz has launched an online business school, Business Lab Africa with the aim of helping entrepreneurs in Africa...

CBN’s lending policy’ll boost economy, says LCCI

The lending policy of the Central Bank of Nigeria (CBN) will normalise the credit markets, spur economic growth and broaden the interface...

Sobering 2020 outlook for Nigeria, others as production output rises

Organisation of the Petroleum exporting Countries (OPEC’s efforts to boost oil prices look set to become even more challenging next year, with...

‘Why DGM Nigeria will make economic impact’

As part of its business expansion, Hybrid Group has taken Dangerous Goods Management (DGM), one of the multinational business to Nigeria, having...

Africa, Nigeria now best investment destination, says AfDB

Africa, and in particular Nigeria, has become the best place for investment following the consummation of the about $3 trillion African market...

Textile industry can create 2 million jobs, save $4bn, says CBN

To reposition the Nigerian economy and make it self-reliant, the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has rallied stakeholders’ support...

Sobering 2020 outlook for Nigeria, others as production output rises

Organisation of the Petroleum exporting Countries (OPEC’s efforts to boost oil prices look set to become even more challenging next year, with...

‘CBN to remain people-focused’

The Governor of the Central Bank of Nigeria, Godwin Emefiele on Thursday assured Nigeria that the apex bank will continue to remain...

NNPC dispels fuel scarcity rumour

THE Nigerian National Petroleum Corporation (NNPC) has advised motorists and other petroleum products consumers to disregard reports about increase in petrol pump...

‘Recovery to push generation to 3,000Mw’

THE Transmission Company of Nigeria’s (TCN’s)  grid upgrade project is expected to recover between 2,000 megawatt (Mw) and  3,000Mw.