Retired CBN official unveils why cashless policy in 30 states was suspended after takeoff
It would have amounted to double tragedy in the face of the excruciating economic pains caused by recession and height of insensitivity on the side of the Central Bank of Nigeria (CBN) if it had gone ahead with the Cashless…
Blame Democrats if govt is shut down due to Mexico wall funds Friday—US Attorney General
Whereas President Donald trump is hopeful that “Mexico will pay for the border wall; ‘eventually’ and ‘in some form,’” explaining issues on ABC’s “This Week With George Stephanopoulos,” U.S. Attorney General Jeff Sessions suggested Democrats would be to blame if…
LADOL has all it takes to facilitate any car manufacturing plant— Amy Jadesimi
The Managing Director of the Lagos Deep Offshore Logistics (LADOL), Dr. Amy Jadesimi, has opened up on the quality and standard of facility already in place at the company facilities on the Free Zone. Giving insights on the preparedness of…
Why CBN approved Roosevelt Ogbonna as Access Bank Deputy Managing Director
Following the resignation of former Deputy Managing Director of Access Bank Plc, Mr. Obinna Nwosu who left to pursue his personal endevours and the approval of Mr. Roosevelt Ogbonna as the new Group Deputy Managing Director by the board of…
How NIMASA skipped roadmap talks on growing local commercial shipping at AMAA
The 2017 conference of Association of African Maritime Administration (AAMA) hosted by Nigeria Maritime Administration and Safety Agency (NIMASA) in Abuja, has come and gone without serious discussions and roadmap on how to deepen the core functions of the agency….
Build cyber ecosystem capable of withstanding surging cyber attacks, KPMG warns
More cyber sensitive firms across the world have continued to raise alarms on attack possibilities on leading business groups in Nigeria. Last week, leading global cyber security group, Kaspersky revealed that Nigerian banks and companies were among new targets of…
C/Wealth Broadband Forum to discuss connecting communities in the Pacific
Secretary General of the Commonwealth Telecommunications Organisation (CTO), Shola Taylor, and Hon. Afamasaga Rico Tupa’i, Minister of Communication & Information Technology (ICT), Samoa, have signed the formal agreement for Samoa to host the Commonwealth Broadband Pacific Forum 2017. The signing…
Airtel, ZTE team up to flood Nigeria with 4G Service
Airtel Networks Limited has announced a strategic partnership with ZTE, Chinese multinational telecommunications equipment/systems Company and world leader in mobile Internet hardware and solutions, to launch fourth generation of wireless mobile telecommunications technology (4G) in Nigeria. Business Hilights recalls that…
Vodacom Business Nigeria bags recognition as the IoT Focused Company of The Year
Vodacom Business Nigeria has won the 2017 Internet of Things (IoT) Focused Company and Enterprise Solutions Provider of the Year Awards at the 2017 Beacon of ICT (BoICT) Awards. The BoICT awards aim to recognize outstanding contributions to the growth…
CBN’s FSR shows repay of N6.26bn out of N114.7bn facility to power firms
Latest Financial Stability Report (FSR) of the Central Bank of Nigeria (CBN) on power sector has revealed that out of N114.7b so far given to major power companies in Nigeria, only about N6.26bn had been repaid leaving N106.64bn an outstanding…
