Stubborn inflation, fragile economic growth may force MPC to retain all rates
Whereas the nation waits till later today, September 26, 2017 for the communiqué at the end of the two-day Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), economists have reached consensus that the best option for the…
Confusion on Apapa-Tincan access road as 3 entities now work on same axis
There seems to be some levels of confusion playing out in the repairs or reconstruction of Apapa-Tincan port access road. It would be recalled that the bad state of the access road especially from Apapa port gate towards Liverpool to…
Stakeholders’ decry endless wait for new scanners at ports
There are indications that importers, exporters and other business concerns at the nations entry ports may wait till sometime next year before being served with functional scanners. In an interview during a recent media briefing at Tincan island Port, Apapa,…
Dangote plans five-year $4.6b investment in agriculture
President of Dangote Group, Alhaji Aliko Dangote, has given an indication of fresh $4.6 billion dollars investment in Nigeria’s agricultural sector. The emerging investment scheme will run for five years. Whereas the key areas of the investment will include sugar,…
Why Lagos house agents’ charge hostile commission on clients
A Lagos lawyer, Mr. Kabir Akingbolu, has identified a lacuna in the prevailing Lagos Rent Edit enacted into law during the administration of former Governor Bola Tinubu. In a memo sent to the current Governor and made available to Business…
SON keys into ease of doing business, gives certification in 20 days
As part of drive in keying into the trending ease of doing business in Nigeria driven by presidential executive orders, the Standards Organisation of Nigeria (SON) has reduced timelines for test of laboratory products. Director-General of SON, Mr. Osita Aboloma,…
Manitoba left TCN worse than it met it—- Usman Mohammed
The Interim Managing Director of Transmission Company of Nigeria (TCN), Usman Mohammed, has disclosed that Manitoba Hydro International, the Canadian firm that was awarded the management contract for the CTN for four years, left the transmission company worse than it…
Economy consolidates further as oil price surges to $58
As the nation and real sector operators awaits the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) meeting communiqué later today, the rising oil price may change certain narrative as Nigerian economy is still dependent on the product price….
Seize opportunities in IoT to grow your enterprise, Vodacom tells businesses
Considering the trend in the constantly evolving world of business today, the Internet of Things (IoT) has become one of the fastest growing technologies that is transforming businesses. In line with this observation, the Managing Director for Vodacom Business Nigeria,…
TStv: Coming with Pay-as-You-Consume may change market narrative—Survey
Indications have emerged revealing that Nigerian Pay TV subscribers may be in for a better times ahead from October as new giant, Telcom Satellite TV (TStv) is about to enter the market segment with a rare tactics. Just like what…
