Kenya’s SMEs get $90m from AfDB to grow businesses, innovations
Arrangements have been concluded between the government of Kenya and the Africa Development Bank (AfDB) to inject about $90m to the activities of SMEs in Kenya to boost trade finance. In a statement by AfDB, the beneficiaries including SMEs and…
Finally, NIWA set to concession Onitsha Port, 3 others
Barely one month after the Vice President, Prof Yemi Osinbajo was bombarded with questions during a town hall meeting in Awka, the Amanbra State Cpaital, at the end of his working visit to some manufacturing giants spread in Nnewi over…
We have recovered N15bn, $10.5m looted funds—Minister
The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami (SAN), Thursday informed Nigerians that the Federal Government has recovered N15bn and $10.5 million so far in its asset recovery drive. Malami disclosed when the Senate Committee on…
Court returns money spinning OPL 245 oil block to Nigeria
The Economic and Financial Crimes Commission (EFCC), has gotten a court order mandating the return of the controversial OPL 245 to the Nigerian government. Justice John Tsoho of the Federal High Court granted the order Thursday morning, pending “the conclusion…
Now, Guinness Plc can issue N40bn rights at NSE, shareholders say
Rising from a smooth Extra-Ordinary General Meeting (EGM) on Tuesday, 24th January 2017 by Guinness Nigeria Plc, the management has received the approval of its shareholders for a proposed Rights Issue. The meeting which took place in Lagos was well…
NITDA must prevail on MDAs to buy Nigerian software to grow industry— ISPON
As two-day code conference organized by the Institute of Software Practitioners of Nigeria (ISPON) in Lagos ends today, the president, Mr. James Emadoye has called on the National Information Technology Development Agency (NITDA) to rise to the occasion and compel…
MTN names Omnicom Group integrated global agency
To further boost international image and marketing spread, MTN has appointed Omnicom Group as its integrated global agency. This follows a rigorous evaluation process, which began in March 2016, when six major global agency networks were invited to tender. A…
Usage of smartphone soaring in Nigeria as data subscription plunge
No doubt, penetration of smartphones globally and mainly in Nigeria has been on the rise in the last six years when data services began to stabilize among major GSN networks and few Internet Services Providers. Smartphone market rose to over…
Confusion over NERC’s stance that no steady power supply unless tariff rises
More Nigerians are still raising their voices over the recent claims by the Acting Chairman/Chief Executive of Nigerian Electricity Regulatory Commission (NERC), Dr. Tony Akah who averred that without an increase in electricity tariff payable by consumers or an intervention…
