NGX All-Share Index slips by 0.16%
The domestic bourse slipped yesterday, January 18, 2023, as the benchmark index lost 0.16% to close at 52,615.51 points. Increased demand in AIRTELAFRI (+0.63%) and GTCO (+1.03%) were offset by selloffs in DANGCEM (-1.85%), ZENITHBANK (-0.20%) and GEREGU (-0.14%) resulting to the market’s weak…
NCC renews MoU with Lottery Commission, says deal in sync with SVP
Telecoms regulatory lead, the Nigerian Communications Commission (NCC), Wednesday in Abuja, signed a revised Memorandum of Understanding with the National Lottery Regulatory Commission (NLRC), with provisions to deter unapproved lottery and gaming practices on telecommunications platforms through information and intelligence…
Urbix to develop quality anode materials for SKO lithium-ion batteries
Urbix Inc (Urbix)., the US-based environmentally responsible graphite processor, has announced today a Joint Development Agreement with leading global EV battery developer and manufacturer SK On (SKO). The new strategic partnership will see the companies collaborate to develop industrialized anode…
Wrong fiscal, monetary policies killing economy—Obi
The presidential candidate of the Labour Party, Mr Peter Obi, has said that inappropriate monetary and fiscal policy contributes to the rising inflation in the country. Currently, the country’s inflation rate is 21.34 per cent, according to data from the…
Nigeria values, rewards digital innovations—NITDA DG
The Director General, National Information Technology Development Agency, Kashifu Inuwa has called on a group of international investors in Germany to invest in the Nigeria tech ecosystem because doing so is valued and come with many rewards. Speaking on the…
Upon Force Majeure, Feedgas Supply Issues, Bonny Island LNG still active
The Nigeria Liquified Natural Gas (NLNG) Limited, has said that operations at its plant on Bonny Island is still active despite a Force Majeure declared in October 2022 and feedgas supply challenges. The plant continues to produce Liquefied Natural Gas,…
Remote Patient Monitoring Users to Reach 115 Million Globally by 2027
A new study from Juniper Research found that the total number of patients using RPM (Remote Patient Monitoring) solutions will reach 115.5 million globally by 2027, equating to 1.4% of the total population. This is an increase from only 75…
Technology sponsors to thrive in sport sponsorship as Cryto falls
Cryptocurrency’s inherent instability was always likely to be a negative factor in the industry’s future success in sports sponsorship. Price volatility has plagued cryptocurrency since its inception, and such fluctuations have now had serious ramifications for the sports sponsorship industry,…
Expanded, diversified participation in foreign trade key to Africa’s Dev—Buhari
The Federal Government has averred that expansion and diversification of involvement in international trade and global value chain by African countries is pivotal for wealth creation, generation of employment, poverty reduction as well as growth of African economies. President Muhammadu…
Access Bank explains discontinuation of Sidian Bank acquisition in Kenya
Leading Sub-Saharan Africa’s largest lender, Access Bank Plc, has cited the failure to fulfil some requisite conditions as the reason for calling off the proposed acquisition of Sidian Bank. The discontinuation ends Access Bank Plc’s binding agreement with Centum to…
