How many small, mid-sized banks’ can survive the heat this year in Nigeria?
No doubt, the Central Bank of Nigeria (CBN) had repeatedly assured the business community and Nigerians that all banks in Nigeria is strong and healthy after all, but industry experts and the feeling of several respected international rating agencies are…
Ghana cuts policy rate to 18% to translate disinflation gains achieved so far
Bank of Ghana on Tuesday slashed its policy rate by 200 basis points to 18 per cent from 20 per cent. Governor of the central bank, Dr. Ernest Addison, who announced the rate cut at a press conference in Accra,…
Access Bank, PaySend driving new generation of money transfer technologies
Access Bank Plc. has revealed that its growing partnership with card-to-card payments disrupter and financial technology firm, PaySend is to deepen access to new generation of money transfers to the African markets. At present PaySend’s technology works for all Visa,…
Carbide ripened foodstuffs, plantain cause cancer, kidney failure–NAFDAC alerts
Nigerians fond of consuming foodstuffs and fruits including Banana and Plantains forced to ripe with any chemical substance including calcium carbide are likely to die young or suffer heart, kidney and liver failure. This is the official position of the…
Siemens skips Nigeria, automates 13 engineering faculties at universities in Ghana, 3 others
Leading global automation engineering giant, Siemens on Tuesday announced the handing over of digital equipment specifically related to industrial automation that enables integrated engineering to 13 engineering faculties at universities in Ghana, Tanzania, Kenya and South Africa. This is part…
MTN Ghana moves to inject $144m into network infrastructure this year
After concluding plans to list on the Ghanaian Stock Exchange this year, Ghana’s leading telecommunication giant, MTN is set to inject over $144 million of capital expenditure to deepen network expansion and quality of service. Just like in Nigeria, the…
NITDA pumps in N752.5m annually on ICT scholarships to deepen human dev
Indication has emerged that some of the key issues relating to weak human capacity development raised by Bill Gates may have been taken care of by the scholarship policy of the National Information Technology Development Agency (NITDA). This is based…
Labour opens new angle to resuscitate Ajaokuta Steel Company, tame concession
Just as the battle of wits continue between the executive and legislature on the soul of the Ajaokuta Steel Company, Kogi State, the Iron and Steel Senior Staff Association of Nigeria (ISSAN) has called on the Federal Government to unbundle…
Pace of work at Anambra Airport worrisome as Adamawa plans airport in Mubi
More than six months after the government of Anambra State sealed an International Cargo Airport Development at Umuleri with a Chinese group; progress of construction activities is becoming worrisome to not only host community, but many Anambra citizens. Besides, the…
FG okays FAAN officers to carry arms as Ghana airports get biometric e-Gates
Nigeria and Ghana have stepped up security and safety architectures at their airports as part of measures to check attacks and sinister incidents. Just as the Federal Government has authorised the use of arms by the civilian aviation security personnel…
