Business

Executive Secretary of NCDMB, Simbi Wabote /Internet The Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BoI) have signed an amendment to the Memorandum of Understanding (MoU) on the $50m NOGaPS Manufacturing Fund. The Fund was created by the NCDMB and domiciled with BoI to attract …

Naira notes Some financial experts have advised that only accelerated productivity can strengthen the Naira. This is coming as Nigerians continue to decry the unending depreciation of the Naira in spite of monetary policy initiatives by the Central Bank of Nigeria (CBN) to strengthen the currency. The News Agency of …

Fidet Edentalen Okhiria, the Managing Director of the Nigeria Railway Corporation, NRC, is in fresh trouble as he might be sanctioned for his alleged failure to pay the allowances of security officers attached to the agency. The Minister of Transportation, Saidu Alkali, said this when he paid an unscheduled visit to …

Multiple award-winning filmmaker and producer, David Akwara has made the case for the involvement of royal fathers and traditional institutions in the implementation of the Africa Continental Free Trade Area (AfCFTA) agreement. Akwara, who is the director of a Pan African documentary series, titled, “The Rise: A Journey to Africa’s …

For the second year running, leading digital services provider, Globacom, has emerged as the Most Popular Brand in the country. The company emerged after a Top of Mind (TOM) Survey conducted by brand and marketing firm, TOP 50 BRANDS NIGERIA, as part of its comprehensive 2023 Top Brands perception assessment. …

An 18GB bonus data offer has been announced by Globacom for any Samsung Z Fold5 and Z Flip5 phone purchased from any Gloworld retail shops across the country. Both high-end smartphones from Samsung, the Z Fold5 and Z Flip5, were created with style and panache for discerning users. The two …

  Stanbic IBTC Bank (“the Bank”) has recently become aware of certain misinformation circulating with respect to its loans to Directors in 2022.    As a socially responsible corporate organisation, Stanbic IBTC Bank is aware of the significance of maintaining transparency and integrity in all its processes. It is therefore …

  Professor Umar Garba Danbatta, Executive Vice Chairman, Nigerian Communications Commission (NCC). Photo: FACEBOOK/NCC The Nigerian Communications Commission (NCC) disclosed that a major key achievement of some of the policies initiated by it, especially as it relates to local content development, is the ban on the importation of whole-body subscriber …

By Peter Egwuatu Amidst the lingering crises in Nigeria’s foreign exchange market, the Chief Executive Officer, Nigerian Exchange Limited (NGX), Temi Popoola, has stated that dollar asset listings can address the challenges. Commending the federal government’s forex reforms in an interview with Bloomberg yesterday, Popoola noted that the Exchange features a …

According to HEDA, in a statement issued by its Chairman, Olanrewaju Suraju on Wednesday, the request pertains to the recent acquisition of a $3 billion emergency crude oil repayment loan. The Human and Environmental Development Agenda (HEDA Resource Centre), a non-profit organisation that seeks to champion transparency, accountability, and robust …