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The Minister of Communications, Adebayo Shittu, on Monday said that over 40 million Nigerians could be employed if Information and Communications Technology tools and devices, Read more
President Muhammadu Buhari has said his greatest desire is to guide Nigeria to become an export-led economy. According to him, there is no way to Read more
MTN Nigeria Communications Limited has rolled out broadband mobile services, deploying 2.6GHz frequency that it recently acquired from the Nigerian Communications Commission at a cost Read more
Coca-Cola intends to buy the stake global beer giant Anheuser-Busch InBev holds in Coca-Cola Beverages Africa, the two companies announced Tuesday. The proposed deal follows Read more
Dangote Group has raised the alarm over the activities of online fraudsters, who are maliciously misrepresenting and misusing its brand image and that of its Read more
In my previous capacity as the Chairman of the Technical Committee of the National Council on Privatisation up until May 2015, I canvassed for the Read more
Last week’s decision of Diageo Plc, owners of Guinness Overseas Ltd, the parent company of Guinness Nigeria Plc, to reverse its planned acquisition of additional 15.7 Read more
The Federal Government and governments at all levels has been accused of not supporting businesses in the country and of stifling local content in the country. Read more
The Nigerian Postal Service, NIPOST, has said that it would commence nationwide clampdown on illegal courier operators across the country. The area postal manager for Read more
Seven Nigerian banks may be under-capitalised and in deficit The Nigeria’s banking industry is said to be experiencing a “full-blown financial crisis” as failed fiscal Read more
The African Development Bank (AfDB) has approved a $310 million trade finance loan for Ecobank Transnational Incorporated, parent company of the Ecobank Group. AfDB said Read more
The Federal Government has reached agreement with the World Bank Group and other development partners for the release of 1.3 billion dollars for the take-off Read more
A Japanese technology firm with global recognition, Canon, has unveiled plans aimed at revolutionalising the Nigerian photography market. With a 41 per cent global market Read more
The over two years of oil price crisis has cost the Organisation of the Petroleum Exporting Countries (OPEC) more than $1 trillion in losses and Read more
With 30 percent broadband penetration target by 2018, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has revealed that Nigeria Read more
Fifty customers owe commercial banks the sum of N5.23tn, representing 33.4 per cent of the total private sector credit exposure of N15.68tn, the Central Bank Read more
The various strategic plans aimed at enhancing the Revenue collecting capacity of Tincan Island Port in Lagos continues to show positive signals with the collection Read more
International and local companies, as well as politicians in Nigeria, have started lobbying the Federal Government in a bid to take over the management of Read more
LONDON, Oct 7 (Reuters) – Nigeria’s planned November oil loading programme shows the highest exports since January, plans compiled by Reuters showed on Friday, as Read more
LAGOS Oct 7 (Reuters) – Nigeria’s central bank has sold about 283 billion naira ($877.11 million) worth of treasury bills to mop up liquidity, driving Read more
Oct 7 (Reuters) – Great Nigeria Insurance Plc : * Says on Sept. 21, 2.87 billion units representing 75% equity shareholding of Great Nigeria Insurance Read more
The Ghanaian government has announced that it has started exporting fuel and gas oil to Nigeria, Benin Republic, Burkina Faso, Niger and Mali from the Read more
By Solomon Asowata Travelex, a global foreign exchange dealer, on Friday resumed sale of dollars directly to travelers at N356 to a dollar. The News Read more
JOHANNESBURG (Reuters) – South Africa’s net foreign reserves rose to $41.953 billion in September from $40.795 billion the previous month, the Reserve Bank said on Read more
Asset Management Corporation of Nigeria (AMCON) has been ordered to pay Capital Oil and Gas Limited the sum of N26bn as contained in the consent Read more
US presidential candidate Donald Trump has pledged to bring long lost American manufacturing jobs back from China. But he may be too late — even Read more
McDonald’s is nearing a deal to sell 20-year franchise rights for its Singapore and Malaysia outlets to Saudi Arabia’s Reza group, in a transaction estimated Read more
(Adds detail on loan facility) By Chijioke Ohuocha and Martinne Geller ABUJA/LONDON Oct 5 (Reuters) – Diageo has scrapped plans to lift its stake in Read more
National carrier, Globacom, yesterday launched a world-class mobile 4G Long Term Evolution (LTE) network which it said will cover the entire country. Subscribers in key Read more
Chinese phone company, Tecno, whose business has entered its 10th year the Middle East and African markets, has informed of plans to set up a Read more
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