Recession lowered Nigerian demand for cement—Lafarge boss
The chief executive officer of Lafarge AfricaPlc., Michel Puchercos has revealed that the negative impacts of recession touched the housing sector which was seen from the lowered demand within the period till September. In an interview, he explained that “As…
The error in revocating concession of Lagos trade fair complex
By Gozie Irogboli The said revocation of the concession agreement of the Lagos International Trade Fair Complex (LITFC) to Aulic Nigeria Limited was like a rude shock coming at a time the economy is in a comatose state and business…
Naira depreciation suffocating major banks, ICT, oil sectors—Report
The recently released 2017 Nigerian Banking Sector Report; “Nigeria Reopens for Business”, which will be launched by Central Bank of Nigeria (CBN) Governor Godwin Emefiele at the London Stock Exchange (LSE) on Friday has revealed that ongoing naira depreciation has…
Why CBN should be tired of pursuing single exchange rate regime
The failure of the Central Bank of Nigeria (CBN) to effectively achieve single foreign exchange regime in the number of months it had been pumping forex to the market is a pointer that the feat which it claimed was getting…
BVN: Banks legal heads to meet today, study court order
Legal teams and company secretaries of all Deposit Money Banks (DMBs) in the country will today, Tuesday, begin a marathon emergency meeting to fashion out modalities to comply with a court order directing commercial banks to freeze bank accounts without…
Kwese TV covering mileage as Nigerians doubt TStv’s seriousness
Contrary to speculations coupled with high hopes with which TStv jumped into the Nigerian Pay TV market on October 1, indications have emerged showing that Kwese TV, a new television operator in Nigeria, offering ‘pay as you watch’ subscription, is…
Kaspersky Lab unveils transparency initiative, 3 centres
Leading cybersecurity corporation, Kaspersky Lab, on Monday, announced the launch of its Global Transparency Initiative in line with its ongoing commitment to protecting customers from cyberthreats, regardless of their origin or purpose. The group said “With this Initiative, Kaspersky Lab…
Glo announces 3rd Free Data Day, unveils Everyday Bonanza, Jumbo SIM
Grandmasters of data and leading voice segment Telecoms Company, Glo has deepened offerings to subscribers by launching two major offers, Everyday Bonanza and Glo Jumbo SIM. Under the Everyday Bonanza offer, Glo subscribers will win over 17,000 mouth-watering prizes worth…
Importation of ‘Made in Nigeria’ goods current headache of SON—DG
The Director General of Standard Organisation of Nigeria (SON), Chief Osita Aboloma has revealed that the current trend of branding fake products from abroad as ‘Made in Nigeria’ is the most disturbing challenge of the agency. In his presentation during…
How Aulic revolutionized Lagos Trade Fair complex to world class
Tayo Omoluabi Sometime in September, we woke up with the jolting news credited to the Office of the Vice-President of the Federation and the Chairman of the National Council on Privatization that the concession of the Lagos International Trade Fair…
