Business Hilights

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Business Hilights

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MDXi, AMS-IX partner to grow Content in West Africa

The recent webinar themed “Driving content growth in West Africa”, hosted by the Amsterdam Internet Exchange (AMS-IX) and MDXi, an Equinix company, highlighted their collaborative efforts in driving content growth in West Africa through the newly established Internet Exchange, AMS-IX…

SEC, PENCOM, NGX plan Webinar on Securities Lending

In line with its commitment to enhance investor participation in the Nigerian capital market, boost secondary market liquidity, and facilitate savings mobilization to drive economic growth, Nigerian Exchange Limited (NGX) in collaboration with the Securities and Exchange Commission (SEC) and…

Chevron Onboards Agbonu Ogulagha-Ibe Host Community Development Trust

Leading oil and gas giant, Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Company Limited (NNPCL”) and CNL, (NNPCL/CNL JV), has successfully completed an onboarding workshop for members of the Board of Trustees (“BOT”),…

NCDMB seeks Corporate Governance for Indigenous Oil Firms, lauds Aradel Holdings

Indigenous oil and gas companies must instill principles of corporate governance in their operations if they are to grow and achieve sustainability, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has said….

NGX facilitates FG’s infrastructure drive, admits DMO’s N130bn Sukuk

Nigerian Exchange Limited (NGX) announces the listing of the Federal Government’s N130 billion Sovereign Sukuk through the Debt Management Office (DMO) on its platform. The 10-year 15.64% Ijara Sukuk due 2032 was listed on NGX today, Thursday, 3 August 2023….

ICT

NCC warns against sale, use of non-type approved devices

The Nigerian Communications Commission (NCC), has warned traders and other stakeholders about the negative consequences of selling and purchasing phones and telecommunications gadgets that are not type approved by the Commission. The certification of telecom devices used in the telecom…

Job loss looms as GSK begins windup in Nigeria

GSK UK Group has informed GlaxoSmithKline Consumer Nigeria PLC of its strategic intent to cease commercialization of its prescription medicines and vaccines in Nigeria. The Company made this announcement via an official statement signed by Company Secretary, Frederick Ichekwai which…

ICT

‘NITDA has empowered millions of Nigerians on digital literacy’

To meet the target of 95 percent digitally literate population by 2030, the National Information Technology Development Agency, (NITDA) has successfully built the capacity of over 3 million Nigerians, the Agency’s Director General, Kashifu Inuwa has disclosed. Speaking at the…

Access Bank flags off DiamondXtra Season 15, targets many customers

Access Bank has unveiled the Season 15 of its DiamondXtra Savings Promo at a well-attended event held at the bank’s Computer Village branch, Ikeja Lagos. Tagged XtraAwoof Season, the bank said the promo is part of an effort aimed at…

NLC, TUC ground Abuja, Lagos, others over harsh economic policies

Members of the Nigeria Labour Congress (NLC) on Wednesday commenced nationwide protests against petrol subsidy removal. Joe Ajaero, President of Nigeria Labour Congress (NLC), disclosed this on at Unity Fountain, Abuja, where workers gathered to hit the streets. He said…