Nigeria @ 59: Dichotomy in exchange rate major minus for transparency, FDIs
Key pundits in financial services and foreign investors’ confidence analysis in Nigeria have argued that the continued dichotomy in exchange rate as currently driven by the Central Bank of Nigeria (CBN) remains a big minus in the crusade for Foreign…
Nigeria @ 59: Outlook for the banking sector with commercial banks in view
Whereas sector’s projected growth remained in fears through the apparent but still ongoing tumultuous periods, industry experts have continued to see resilience as becoming the foreword for the industry since the last banking crisis of 2008/2009. Only recently, industry players…
BVN has not been able to address issues around identity mgt—Heritage Bank
Managing Director and chief executive of Heritage Bank, Mr Ifie Sekibo , has opened up saying even though the Central Bank of Nigeria (CBN) introduced Bank Verification Number (BVN), in reality, has been able to create a form of identification…
GSMA, MTN Group, 39 others move to achieve net-zero GHG emissions by 2050
Leading global telecoms research conglomerate, GSMA has begun an industry-wide initiative with deep pocket mobile telecom concerns including MTN Group and 39 others to start disclosing their climate impacts. Key idea of the new partnership is to develop a mobile…
(Special Report): NCD: A review of Chevron’s accomplishments, commitment
No doubt, one company that had imbibed the Local/Nigerian Content Development (NCD) philosophy well before the Nigerian Oil and Gas Industry Content Development Act (NOGICD Act) was enacted by the Government is Chevron. Chevron Nigeria Limited (CNL), Operator of the…
In line with court ruling, Rivers acquires Shell’s 45 percent interest in OML 11
Oil revenue coming to the Rivers State is set to soar following the acquisition in line with complementary court rulings both in Nigeria and UK of 45 per cent interest of Shell Petroleum Development Company of Nigeria in Oil Mining…
Nigeria missing as Côte d’Ivoire, Kenya make list of rising global trade stars
Latest report on Africa’s performance on the world scale of global trade has revealed that Nigeria, upon the noisy economic diversification campaign of the current administration, is nowhere to be found amongst the top 20 rising stars in global trade….
Battery overheating fault forces NCAA to ban Macbook Pro laptop on flights
Considering a possible risk to aviation safety due to battery overheating, the Nigerian Civil Aviation Authority (NCAA) barred airlines from carrying Apple Macbook Pro on their flights. NCAA relied further on the latest recall of the product model: RETINA, 15…
Uche Ogbuagu: A Comedian with a business development difference?
Since the sudden social gathering revolution that accidentally ushered in a new brand of business known as Comedy Shows, many of the industry players’ are always sidelined by age or lack of creative ideas to remain in the business. Thus,…
