BoI lifts creative industry, opens N300m facility window on single digit interest rate
In line with federal government’s renewed interest in diversifying the economy, Bank of Industry (BoI) has signed a memorandum of understanding with the National Council for Arts and Culture (NCAC) to open N300m loan window for operators in the creative…
WhatsApp drying up GSM operators’ target revenue from sms—Venn, Spectranet boss
Managing Director and Chief Executive Officer of Spectranet Limited, leading Internet Services Provider (ISPs), Mr. David Venn has revealed that a wind capable of blowing away multimillion naira raked in, minute by minute by GSM operators via sms is under…
Inability to recharge phones forces networks to lose 1.7m subscribers in March
Industry analysts have traced the dropping trend in the number of telecoms subscribers to deep holes drilled by recession in the pockets of many Nigerian GSM subscribers in the last seven months of the regime. Latest data released by the…
Industry experts await policy rejig to fast track targets from reconstituted NBP Comte.
Following the reconstitution of the National Broadband Committee in Abuja last week, by the Minister of Communications, Barrister Adebayo Shittu last week, industry experts have started setting agenda for the body as part of efforts to keep tab with target…
Obaseki deploys GIS to fast track ease of land documentation, C of O
As part of new strategy to boost of ease of doing business in the state for new investors, Edo State Governor, Godwin Obaseki has deployed Geographic Information System (GIS), to facilitate prompt insurance of Certificate of Occupancy (C of O)….
MAN rejects ECOWAS-EU Economic Partnership Agreement, seeks review of terms
The leadership of the Manufacturers Association of Nigeria (MAN) has appealed to President Muhammadu Buahri not to sign the ECOWAS-EU Economic Partnership Agreement (EPA) deal, saying grey areas must be reviewed before signing. This according to the President of MAN,…
Uzodinmma’s Committee bumps on more leakages, widens Customs’s N30t probe
The end of the ongoing probe over alleged N30 trillion revenue leakages in the Nigeria Customs Service (NCS) may not come so soon following fresh intelligence on infractions in Customs revenue and import regime. Rising from a smart “Point of…
NSE concludes automation of Rights Trading, Settlement to grow ease of doing business
The Nigerian Stock Exchange (NSE) has announced the automation of Rights trading and settlement with effect from today, Monday, May 8, 2017. By virtue of the new deal, shareholders can sell subscription rights both efficiently and at fair prices. Executive…
Nigeria’s first nuclear reactor coming in 2025, says Yukiya Amano, DG of IAEA
The Director General of International Atomic Energy Agency (IAEA), Yukiya Amano, has assured the support of his agency to support Nigeria in the introduction of nuclear power on or before 2025. This is as the IAEA and Rosatom, a nuclear…
