Day: September 27, 2017

NCC explains presence at ITU, mute on ‘Where to invest in Africa’ report

• ICT

NCC explains presence at ITU, mute on ‘Where to invest in Africa’ report

Business Hilights September 27, 2017

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta, on Tuesday addressed visitors...

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UK investors willing to offset 9mobile’s $1.2b debt closes in on deal

• ICT

UK investors willing to offset 9mobile’s $1.2b debt closes in on deal

Business Hilights September 27, 2017

Chances of local investors cashing in on acquiring cash-strapped 9mobile are fading as Nigeria’s fourth largest telecommunications...

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MainOne, 2 others changing narratives of data centre operations

• ICT

MainOne, 2 others changing narratives of data centre operations

Business Hilights September 27, 2017

In the last two years, investigations have shown serious improvement in the hosting of contents in the...

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Ghanaian clergy warns against youths, women cell phone imprisonment

• ICT

Ghanaian clergy warns against youths, women cell phone imprisonment

Business Hilights September 27, 2017

Having observed how African youth lavish their peak working hours on android phones both at home, on...

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6 against 1 vote at MPC meeting leaves all rates unchanged

• Banking/Investments

6 against 1 vote at MPC meeting leaves all rates unchanged

Business Hilights September 27, 2017

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) ended its two-day meeting in...

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Power hits 7001MW, all time high, but evacuations remain poor

• Banking/Investments

Power hits 7001MW, all time high, but evacuations remain poor

Business Hilights September 27, 2017

The irony of Nigeria’s power crisis stemmed from the veiled truth that Africa’s largest economy now has...

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Why NPDC is targeting 500,000 bpd By 2020

• Banking/Investments

Why NPDC is targeting 500,000 bpd By 2020

Business Hilights September 27, 2017

Fresh insights have emerged on the readiness of the Nigerian Petroleum Development Company (NPDC), a subsidiary of...

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Microsoft gives fresh lead to why it diverted $30bn data centre to S’Africa

• Industry

Microsoft gives fresh lead to why it diverted $30bn data centre to S’Africa

Business Hilights September 27, 2017

Additional ‘veiled’ reason on why Microsoft Corp. suddenly diverted its publicized $30 billion investments in new data...

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Imo, Lagos, 5 others borrowed more than 50% of their annual statutory—FRC

• Industry

Imo, Lagos, 5 others borrowed more than 50% of their annual statutory—FRC

Business Hilights September 27, 2017

Against the provisions of the guidelines of the Debt Management Office (DMO) on sub-national borrowing, 23 states...

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Turkish envoy visits Customs CG, agrees to ambush arms importers

• Transport

Turkish envoy visits Customs CG, agrees to ambush arms importers

Business Hilights September 27, 2017

Barely one week after giving the hint during the display of 470 Pump Action riffles seized at...

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