Enugu State, Keystone Bank lift 100 SMEs to grow economy, jobs
Leading money deposit bank, Keystone Bank has partnered with the Enugu State Government’s Ministry of Commerce and Industry to encourage the activities of over 100 operators of Micro, Small and Medium-scale Enterprises (SMEs) in the state. A statement by the…
Uganda approves specialised court for power theft, vandalism, related crimes
As part of new drive to end rising cases of power theft and illegal connections to bypass metering, Ugandan government, through the judiciary has officially launched a specialised court dedicated to prosecuting individuals implicated in electricity-related crimes. It would e…
Hostilities imminent in N/Delta following cancelation of oil blocs awarded to indigenes
Anger and rising tension can be said to be the scenario playing out in the hitherto peaceful Niger Delta following the sudden discovery that the Federal Government canceled Oil Prospecting Licences of OPL 2001, 2002 and 2003. This is coming…
MRS Nigeria Plc presents facts behind the figures at Stock Exchange
L – r: Haruna Jalo-Waziri, Executive Director, Capital Market Division, The Nigerian Stock Exchange (NSE); Mr. Hassan Jibril, Treasury Manager, MRS Nigeria Plc; Mr. Andrew Onum, Chief Legal Counsel, MRS Nigeria Plc; Oscar N. Onyema, OON, Chief Executive Officer, NSE;…
NIMASA’s 2017 budget gave priority to capacity development—DG
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has disclosed that the expected 2017 budget gave priority to capacity development, particularly acquisition of sea-time by graduates of the Nigerian Seafarers Development Programme (NSDP)….
Minus for economy as Biafra order sees partial compliance in Lagos, Kano, full in S/East, PH
…Economy loses about N1.5tn transactions today, …Order observed in 76 countries across all continents Whereas there has been no report of violence or clashes with security agencies, business and economic analysts have started putting together indices of negative impacts of the Sit-At-Home…
ATCON boss, Teniola reveals how Nigeria lost $30b ICT FDIs to S/Africa
The President of Association of Telecoms Companies of Nigeria (ATCON), Engineer Olusola Teniola has listed poor power generating capacity; harsh business climate; foreign exchange volatility; high level corruption, as key factors redirecting Nigerian bond foreign direct investments (FDIs) in Information…
Only early passage whistleblower bill’ll deepen anti-graft war— Itse Sagay
Whereas the Whistle Blowers policy of the federal Ministry of Finance has made unprecedented recoveries for the government even without an enabling law, early passage of the Act by the National Assembly will raise the game in anti-graft war. This…
CBN explains why economy’ll exit recession come September, but…
Before now, Nigerians had been inundated with permutations and insinuations that the economy will exit recession even before the end of second quarter of 2017, until last week, the Central Bank of Nigeria (CBN) came out to claim that Nigeria…
Mississippi court in US jails three Nigerian Yahoo-Yahoo Boys 235 years
A Mississippi court in the United States of America (USA) has handed down a 235-year jail term on three Nigerians for various online fraudulent activities. The sentence came without an option of fine. They include Oladimeji Ayelotan, 30, was sentenced…
