Experts divided as to whether CBN has lost monetary policy ideas to control recession, inflation
More experts have continued to review the recent Monetary Policy Committee (MPC) meeting where the Central Bank of Nigeria (CBN) retained all rates at a time inflation is galloping and recession is hitting harder across the country. Though after the…
UBA, AfDB seal new $150m facility deal
Leading financial institution, the African Development Bank Group (AfDB) and Nigeria’s United Bank for Africa (UBA) have signed a $150 million loan agreement to finance Small and Medium Scale enterprises (SMEs). The loan was initiated to also finance infrastructure and…
Global principles in PPP far from what we have here—Omisore
Senator Iyiola Alani Omisore, former deputy Governor of Osun State has argued that many of the processes and provisioning that are done by governments and agencies of government in the name Public Private Partnership (PPP) are far from the global…
Why SON sealed Osun cement factory
The Standards Organisation of Nigeria (SON) in Osun Thursday sealed a cement factory over alleged involvement in the production of substandard products. The factory, located on Ogo-Oluwa area of the town, was sealed by a team of SON officials and…
Running Lagos mega city without power frustrating—Ambode
The Lagos State government has decried the challenge of running Lagos State as a mega city without power as very costly and discouraging. In a paper presented at the 2016 PwC annual power & utility roundtable titled ‘Looking Beyond the…
Nigeria may not gain much from OPEC cuts so far militancy continues
Though the global oil benchmark, Brent crude, traded above $51 per barrel between Wednesday and early part of Thursday, after the Organisation of Petroleum Exporting Countries(OPEC) agreed on its first limit on oil output since 2008, analysts have argued that…
Yemi Alade signed by Shell to drive #makethefuture campaign
Trending sensation in the nation’s music industry, Yemi Alade, has taken the lead in spreading Shell’s #makethefuture campaign, which aims to inspire youths and entrepreneurs for bright ideas that can help in the global quest for more and cleaner energy….
NCC actually consulted before empowering networks to jerk up data tariff—ALTON
Contrary to speculations and massive anger over lack of consultation by the Nigerian Communications Commission (NCC) before directing networks to increase their data tariff, the Chairman of Association of Licensed Telecommunications Operators of Nigeria (ALTON) has come out to say…
