Why Nigeria’s balance of payment is worrisome, by FSDH research

Why Nigeria’s balance of payment is worrisome, by FSDH research

Nigeria may have recorded a surplus of $2.8 million in its balance of payment (BoP) in the fourth quarter (Q4) of 2018, but the net More »

NIMASA, Stakeholders Sign Agreement on Ease of Doing Business

NIMASA, Stakeholders Sign Agreement on Ease of Doing Business

The federal government has restated its commitment to prompt and effective service delivery, especially in its Ministries, Departments and Agencies (MDAs). This, it stressed was More »

Insurance industry’s assets hit N1.26tn

Insurance industry’s assets hit N1.26tn

The total assets of the Nigerian insurance industry rose to N1.263tn as of the end of the 2018 financial period. Figures obtained by our correspondent More »

MTN revenue climbs on data, serves 20m Nigerians exclusively

MTN revenue climbs on data, serves 20m Nigerians exclusively

Data subscriptions in Nigeria lifted MTN’s revenue by 15 per cent in 2018. The firm grew its active data users from 4.5 million customers to More »

Heritage Bank Supports ICT Innovation

Heritage Bank Supports ICT Innovation

Heritage Bank Plc has charged applicants of HB Lab start-ups to support Nigeria’s aspiration and roadmap to become a leading Information Communication Technology (ICT) Hub More »

Budget: How NNPC will meet 2.3m barrels daily crude oil target

Budget: How NNPC will meet 2.3m barrels daily crude oil target

The Nigerian National Petroleum Corporation (NNPC) said on Wednesday it would achieve the 2.3 million barrels per day production target in the 2019 budget by More »

 

Why Nigeria’s balance of payment is worrisome, by FSDH research

Why Nigeria’s balance of payment is worrisome, by FSDH research

Nigeria may have recorded a surplus of $2.8 million in its balance of payment (BoP) in the fourth quarter (Q4) of 2018, but the net

NIMASA, Stakeholders Sign Agreement on Ease of Doing Business

NIMASA, Stakeholders Sign Agreement on Ease of Doing Business

The federal government has restated its commitment to prompt and effective service delivery, especially in its Ministries, Departments and Agencies (MDAs). This, it stressed was

CBN to maintain tight monetary policy, estimates 12% inflation

CBN to maintain tight monetary policy, estimates 12% inflation

The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has projected that the current monetary policy stance of the bank is expected to continue while

Nigeria Loses $400m Annually to Foreign Software Developers

Nigeria Loses $400m Annually to Foreign Software Developers

Experts have decried the huge loss Nigerian incurs annually on foreign software. According to them, Nigeria spends over $400 million annually on foreign software licence

Insurance industry’s assets hit N1.26tn

Insurance industry’s assets hit N1.26tn

The total assets of the Nigerian insurance industry rose to N1.263tn as of the end of the 2018 financial period. Figures obtained by our correspondent

AMCON seeks reintroduction of Failed Bank Act

AMCON seeks reintroduction of Failed Bank Act

Worried by the resurgent huge toxic loans in the banking sector, the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria, Mr Ahmed Kuru, on

FG to cut stakes in JV with Shell, Chevron, others

FG to cut stakes in JV with Shell, Chevron, others

The Federal Government plans to cut its stakes in joint oil ventures with international oil companies to 40 per cent this year, the Minister of

Convergence Triggers Disruption in Telecoms Business, Says ITU

Convergence Triggers Disruption in Telecoms Business, Says ITU

The International Telecommunications Union, the United Nations’ agency in charge of the regulation of global telecoms operations, has raised the alarm that convergence, which is

MTN revenue climbs on data, serves 20m Nigerians exclusively

MTN revenue climbs on data, serves 20m Nigerians exclusively

Data subscriptions in Nigeria lifted MTN’s revenue by 15 per cent in 2018. The firm grew its active data users from 4.5 million customers to

Heritage Bank Supports ICT Innovation

Heritage Bank Supports ICT Innovation

Heritage Bank Plc has charged applicants of HB Lab start-ups to support Nigeria’s aspiration and roadmap to become a leading Information Communication Technology (ICT) Hub

NSE suspends trading in Diamond Bank shares

NSE suspends trading in Diamond Bank shares

The Nigerian Stock Exchange (NSE) has placed trading in the shares of Diamond Bank Plc on full suspension effective Monday, March 20. But a statement

Budget: How NNPC will meet 2.3m barrels daily crude oil target

Refineries Lost N132bn Last Year

The Nigerian National Petroleum Corporation (NNPC) said on Wednesday it would achieve the 2.3 million barrels per day production target in the 2019 budget by

Refineries Lost N132bn Last Year – NNPC

Refineries Lost N132bn Last Year

The operating deficit recorded by the nation’s refineries rose by 39 per cent to N132.5bn in 2018, compared to the previous year, data from the

Senate approves N30,000 minimum wage

Senate approves N30,000 minimum wage

The Senate on Tuesday approved N30,000 as the new national minimum wage. This decision was reached after the upper chamber’s ad-hoc committee on new minimum