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FG to provide identification for all Nigerians in five years

Aliyu Aziz, Director-General of the National Identity Management Commission (NIMC), made the declaration yesterday, while speaking at the Fifth Annual Meeting of...

Ex-ANAN president reacts to CBN’s plan for Nigerian banks

Dr. Samuel Nzekwe, a former President of the Association of National Accountant of Nigeria (ANAN), has commended the Central Bank of Nigeria...

SMEs increasingly concerned about political uncertainty

SMEs are increasingly concerned about the ongoing uncertainty over Brexit, with 24% citing political uncertainty as one of the main barriers facing...

Do not expect debt relief, U.S. warns Africa

The U.S. top Africa diplomat, Tibor Nagy, warned in Pretoria, South Africa on Monday that African countries running up debt they cannot...

Work-Life Balance: Why You’re Getting It All Wrong

While a huge percentage of the world embark on a Work-Life Balance quest, very few have succeeded in finding an acceptable definition...

Afreximbank nets $276m, offers shareholders $69m as dividend

The African Export-Import Bank (Afreximbank), at its yearly general meetings in Moscow, at the weekend, unveiled a $276 million net profit in...

Expand tax net, not VAT, to increase IGR, NECA tells governments

The Nigeria Employers Consultative Association (NECA) has called on state governments to engage in an aggressive taxpayer enlightenment as well as expansion...

Regency Alliance gets approval to shore up capital

Shareholders of Regency Alliance Plc have urged the management of the company to hold on the dividend for the 2018 financial period,...

NPA redeploys Port Managers

The Management of Nigerian Ports Authority (NPA) has approved the immediate redeployment of some Port Managers along with the appointment of a...

Slack now valued at more than $19bn in successful IPO

A parade of initial public offerings from Silicon Valley this year has garnered a mixed reception from investors. Slack Technologies Inc. took...

‘Government to create regulatory environment for impact Investments’ – Finance Minister

The National Advisory Board (NAB) on Impact Investing Ghana (IIGh) has successfully held an information session to mark the launch of the...

Impact Investing Ghana convenes top corporate, policy leaders to catalyze impact investments

The National Advisory Board (NAB) on Impact Investing Ghana (IIGh) hosted an information session and cocktail reception to mark the launch of...

AirtelTigo partners Huawei on US$30M network modernization project

Telecom operator AirtelTigo is partnering with Huawei Technologies on a US$30 million network modernization project aimed to provide faster internet experience to...

How 5G Is Keeping Liverpool Healthy

The DCMS is funding a slew of new Trials and Testbeds to look at making the UK the leader in adopting 5G....

Africa’s fintech sector grows by 60% in two years, says Disrupt Africa

Africa’s FinTech sector is growing at a fast pace, with the number of start-ups operating in the space growing by more than...

NCC to expand communications centres across Nigeria

Nigerian Communications Commission (NCC) said it would soon launch an undisclosed number of Emergency Communications Centres across the country to enable Nigerians...

Facebook’s Blockchain Hiring Spree Continues With Search for Finance Lead

Fresh off releasing the white paper for its Libra cryptocurrency, Facebook is looking to hire a finance program manager in blockchain, according...

Oil rises towards $65 on fears of U.S. attack on Iran

Oil prices rallied towards 65 dollars per barrel on fears of a U.S. military attack on Iran that would disrupt flows from...

Oil rises towards $65 on fears of U.S. attack on Iran

Oil prices rallied towards 65 dollars per barrel on fears of a U.S. military attack on Iran that would disrupt flows from...

Vodacom sells Nigerian assets

South African mobile phone operator Vodacom Group Limited Friday said it was closing its business-managed services in Nigeria. The company has also closed...

MAN, CIBN rally support for clamp­down on smugglers

• Say CBN freezing of culprits’ accounts will boost diversification drive Real sector operators and the banking industry have rallied support for...

‘New NNPC appointments to spur reserves’ increase, reforms’

Stakeholders in the oil and gas sector have expressed confidence in the appointment of a new management team for the Nigerian National...

19 states to get 4G services from VDT by 2020

Wholesale broadband provider, VDT, is going retail and about 19 states will be serviced with advanced 4G Long Term Evolution (LTE) data...

Stock market index plunges further by 0.02% amid persistent lull

Continuous price depreciation in the shares of most blue chip companies, yesterday, dragged the Nigerian Stock Exchange (NSE) All Share Index (ASI)...

EU countries vote in favour of €50m Irish Brexit beef fund

EU Member States today agreed to a proposal from the European Commission to make €50 million available to Irish beef farmers, which...

Bank of England cuts UK growth outlook as rates held

The Bank of England has said it expects economic growth to be flat in the second quarter of the year.

Messaging app Slack becomes latest blockbuster tech flotation

The latest blockbuster tech flotation hits Wall Street later when shares in messaging app Slack start trading. But the...

FAAN, state government to tackle encroachment at Enugu airport

The Federal Airports Authority of Nigeria (FAAN) and the Enugu State government have entered into a collaboration to effectively tackle encroachment and...

FG nets N3.7tr against CBN in five year operations

Apex bank refutes reports on transactions with govt as mischiefThe Federal Government emerged the highest claimant against the Central Bank of Nigeria...

Strategic investor takes controlling stake in Wema Bank

Strong indications emerged yesterday that a strategic investor assumed to be Adebutu Kensington, is taking controlling stake of Wema Bank Plc, given...

How Nigeria, others lose $4.2tr savings over poor infrastructure, by World Bank

The cost of not investing in strategic infrastructure may not only pose challenge to ease of doing business, but also Nigeria and...

Refineries N141b losses surpass allocations to critical sectors

Stakeholders insist on assets commercialisation Refineries operated by the Nigeria National Petroleum Corporation (NNPC), recorded deficits running into N141billion within 13 months, between...

North west expansion for veterinary group with latest opening

A national veterinary group has opened its twentieth practice and is generating new jobs as part of a £310,000 investment that has...

Trump-Xi meeting at the G-20 could impact the Fed’s next move, economist says

The meeting between U.S. President Donald Trump and China President Xi Jinping at next week’s G-20 summit could sway the Federal Reserve...

Trump could cause market ‘turmoil’ if he removes Powell as central bank chief, says...

U.S. President Donald Trump risks hurting investor sentiment if he removes Jerome Powell as chair of the Federal Reserve, according to a...

Mexico ratifies USMCA trade deal with US, Canada

Mexico’s Senate took the lead on Wednesday by ratifying a trade deal Opens a New Window. with the U.S. and Canada...

Consumers’ long, tiring wait for pre-paid meters: MAPs as failing scheme?

On April 3, 2018, The Nigerian Electricity Regulatory Commission (NERC), introduced a meter asset providers (MAPs) regulation to fast-track the roll-out of...

Neconde secures $640m refinancing deal to drive oil production

A consortium of seven local and international lenders has signed an agreement to refinance Neconde Energy Limited’s existing Senior Secured Medium-Term Loan...

Ellah Lakes lists additional 1.880m shares on NSE

Ellah Lakes Plc has announced  the successful listing of additional 1.880 million shares on the main board of the Nigerian Stock Exchange (NSE).

BoI recognised for financial inclusion programmes

The Federal Government’s Enterprise and Empowerment Programme (GEEP), which is executed through the Bank of Industry has been recognised as the most...

Oil prices slip for second day on global growth worries

Oil prices fell for a second day on Tuesday on signs that global economic growth is being hit by the U.S.-China trade...

Huawei predicts $30b revenue shortfall, growth decline

The Chief Executive Officer, Huawei, Ren Zhengfei, has admitted that the current challenge facing the company will cost the firm at least...

‘Nigeria loses over 300,000MT of local sugar demand to smuggling yearly’

The Chairman of Dangote Sugar Refinery Plc, Aliko Dangote has warned that Nigeria is losing over 300,000 metric tonnes of local sugar...

Bolt opens transport scheme for corporate bodies

Bolt yesterday launched a new transport scheme, Bolt for Business, to allow companies of all sizes to manage and pay for corporate...

How to improve market access through voluntary certification

To aid improved market access for exporters of processed foods, the Nigerian Export Promotion Council (NEPC), has commenced an awareness programme on...

Ellah Lakes lists additional 1.880m shares on NSE

Ellah Lakes Plc has announced  the successful listing of additional 1.880 million shares on the main board of the Nigerian Stock Exchange (NSE).

Bearish sentiments drag stock market index further by 0.4%

The reign of bears continued unabated on the trading floor of the Nigerian Stock Exchange (NSE), as more bellwether stocks depreciated in...

Experts chart part to economic diversification, growth

Experts have urged the government to intensify efforts on economic diversification agenda to stimulate economic growth. The professionals, who decried the slow...

NSIA moves to reduce gas flaring

•Explains delay in Mambilla hydropower, others To reduce what it described as incredible economic waste, compounded by environmental pollution, the Nigeria Sovereign Investment...

Dangote Cement to attract $700 million as shareholders approve N272.6b dividend

Dangote Cement Plc has announced plans to attract $700 million in foreign exchange from the exportation of the product to boost Nigeria’s...