Category Archives: Business & Finance Updates

Telcos, OTT urged to collaborate

Telcos, OTT urged to collaborate

Stakeholders who gathered at the 2019 Telecom Executives and Regulator Forum (TERF), which held recently in Lagos, have stressed the need for a collaboration between

NCC charges telcos to double telecom investment to $140bn

NCC charges telcos to double telecom investment to $140bn

The executive vice chairman, Nigerian Communications Commission (NCC), has charged licenced mobile network operators (MNOs) to double their telecom investments to $140 billion over the

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

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

Urges security agencies, paramilitary to patronise sector To reposition the Nigerian economy and make it self-reliant, the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele,

Nigeria dominates Africa’s most inspiring businesses’ ranking

Nigeria dominates Africa’s most inspiring businesses’ ranking

A list identifying and celebrating Africa’s most inspiring businesses is made of up of 97 Nigerian firms, which accounted for 27 per cent of the

External debt servicing gulps $357.26m in three months

The Federal Government spent a total of $357.26m in the first three months of the year to service external debt, the Debt Management Office has

Africa, Nigeria now best investment destination, says AfDB

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 in the Africa

Stakeholders rally support for dangerous goods awareness

Stakeholders rally support for dangerous goods awareness

Stakeholders in the transport sector have stressed the need for government and private entities to raise awareness on dangerous goods.The stakeholders, who gathered at the

Equities investors lose N171bn as market sustains bearish trading

Equities investors lose N171bn as market sustains bearish trading

Equities investors lost N170.9 billion Thursday, as the market sustained its bearish run following depreciation in prices of bellwether stocks. The market had similarly shed

NNPC seeks collaborate with EFCC

The group managing director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, yesterday said he is committed to a robust relationship between the

FMBN partners KPMG on 5-year strategic plan

FMBN partners KPMG on 5-year strategic plan

As part of efforts to reform the Federal Mortgage Bank of Nigeria (FMBN) as a more business-driven affordable housing provider, the Board of Directors of

NNPC says there’s no plan to increase petrol price

NNPC says there's no plan to increase petrol price

The Nigerian National Petroleum Corporation (NNPC) says it has no plans to increase the price of Premium Motor Spirit (PMS), popularly known as petrol in the

Nigerian governors seek new deal on petrol subsidy

Nigerian governors seek new deal on petrol subsidy

The Nigeria Governors’ Forum (NGF), has told Mele Kolo Kyari, the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) that a new