Day: April 20, 2017

Nigeria internet penetration 18% higher than other African nations—Jumia Report

2 min read

• ICT

Nigeria internet penetration 18% higher than other African nations—Jumia Report

Business Hilights April 20, 2017

Leading online retail marketing group, Jumia Nigeria, has released new report, saying current internet penetration rate in...

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Nigerian businesses, 17 nations on the radar of North Korean hacking ring—Report

2 min read

• ICT

Nigerian businesses, 17 nations on the radar of North Korean hacking ring—Report

Business Hilights April 20, 2017

Relying on the recent report released by leading global cyber security group, Kaspersky that banks and some...

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Jumia Nigeria reviews security structures, raises safety of sales delivery partners

2 min read

• ICT

Jumia Nigeria reviews security structures, raises safety of sales delivery partners

Business Hilights April 20, 2017

Fears of collapse amongst online retail businesses in Nigeria was recently heightened by two incidences leading to...

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Rack Centre wins for third time Beacon of ICT awards

2 min read

• ICT

Rack Centre wins for third time Beacon of ICT awards

Business Hilights April 20, 2017

Rack Centre, Africa’s premium carrier neutral data centre has emerged winner for the third year in the...

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MTN celebrates 97 year old subscriber in Asaba over brand loyalty

2 min read

• ICT

MTN celebrates 97 year old subscriber in Asaba over brand loyalty

Business Hilights April 20, 2017

It was rare moment at the home of nonagenarian and MTN customer, Pa Paul Ijeh in Igbuzor,...

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Nigeria, S/Africa on gradual recovery, weak in per capita terms—W/bank

2 min read

• Banking/Investments

Nigeria, S/Africa on gradual recovery, weak in per capita terms—W/bank

Business Hilights April 20, 2017

Barely two day after the International Monetary Fund (IMF) saw light at the end of Nigeria’s recession...

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Another Lagos Court orders forfeiture of N449m found in Island BDC shop

2 min read

• Banking/Investments

Another Lagos Court orders forfeiture of N449m found in Island BDC shop

Business Hilights April 20, 2017

Barely one week after a Federal High Court in Lagos ordered interim forfeiture of all the $43m...

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Finally, FG suspends SGF for IDPs contract complications, NIA’s Oke for Ikoyigate

1 min read

• Banking/Investments

Finally, FG suspends SGF for IDPs contract complications, NIA’s Oke for Ikoyigate

Business Hilights April 20, 2017

As part of smart face saving moves, President Muhammadu Buhari Wednesday suspended Mr David Babachir Lawal, Secretary...

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Ecobank writes off N221.7b loan, posts N50b loss upon resilient performance

3 min read

• Banking/Investments

Ecobank writes off N221.7b loan, posts N50b loss upon resilient performance

Business Hilights April 20, 2017

Ecobank Transnational Incorporated (ETI), has announced the cleanup of its books of non-performing loans, by making a...

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NERC mulls new rules, capital limits for power sector investors to tame poor deliveries

2 min read

• Energy

NERC mulls new rules, capital limits for power sector investors to tame poor deliveries

Business Hilights April 20, 2017

Considering observed failures and poor growth in the power sector, the Nigerian Electricity Regulatory Commission (NERC), will...

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