Tracking Now: CBS restructures to deliver world class services
The Board of Continental Broadcasting Services (CBS) Limited, owners of Television Continental (TVC) and Radio Continental, has approved the severance of 145 workers as part of new restructuring of its group companies. This restructuring, according to a terse statement issued…
Immigration officials hit Zte Osborne office, arrest Chinese without work permits
Enforcement team of the Nigerian Immigration Service (NIS) on Thursday, arrived the head office of a Chinese telecoms service company, Zte Nigeria at the early hours and wished away an unconfirmed number of Chinese expatriates who were said to be…
NSE launches X-Academy to deepen education of stock management
The Nigerian Stock Exchange (NSE) has launched X-Academy, a knowledge-platform designed to provide education services to individuals who want to gain a better understanding of various aspects of the capital markets. X-Academy offers a wide range of courses geared towards…
Recession, ease of doing business forcing CBN to dump financial inclusion campaign
When the current little or no speed with which the Central bank of Nigeria (CBN) is driving its campaign on financial inclusion is compared with what it used to be before the advent of recession, indications are rife that the…
Hacking kingpins designing ransomware to hit N3.5tn trapped by BVN in banks
Indications have emerged revealing that Nigerian cyber criminals are now working day and night with their international hacking kingpins on a tailored ransomware attack that will hack into commercial banks and cause disruptions that will provide a window for them…
FG’s policy inconsistency may kill modular refinery initiative in N/Delta
More details are still emerging on the reason why hostilities may reverberate in the currently stable oil rich Niger Delta as it is becoming clear that President Muhammadu Buhari may have been misled on award of OML to NPDC rather…
Trial begins on Turkey’s Turkcell $4.2bn suit against MTN in S/Africa
After years of delays, hearing begun Thursday in a South African court on $4.2 billion lawsuit against South Africa’s MTN over a disputed Iran licence instituted by Turkish mobile operator, Turkcell. It would be recalled that Turkcell first sued Johannesburg-based…
Boost for foreign reserve as Indonesia, more countries place order for Nigerian crude
Chances of early exit from recession are getting brighter following news or more orders for Nigerian crude oil by new markets including Indonesia and others from Asian tigers. This week, Indonesian Ambassador to Nigeria, Mr Harry Purwanto, indicated his country’s…
Come and invest in Nigerian maritime industry, NIMASA tells Europeans
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that Africa is ready to engage on equal terms with the rest of the world in the area of maritime businesses; hence Nigeria…
DFID executives pay courtesy visit to MD of NPA, Hadiza Bala Usman
The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman (Middle); British Deputy High Commissioner, Laure Beautis (left) and Alessandra Lustrati of the Department for Foreign International Development (DFID) and Private Sector Adviser, both of the British Embassy in…
