Sanctions await importers of fake products in Trade Fair complex—ED/CEO
The Executive Director and Chief Executive Officer of Lagos International Trade Fair Complex Management, Barr. Vera Ndanusa has made it clear that going forward, any dealer or importer of substandard product into the complex by any means shall be sanctioned…
SEC, NGX Group, Stakeholders Rate 13-year of Oscar Onyema in Capital Market
The Securities & Exchange Commission (SEC), Nigerian Exchange Group Plc, Association of Securities Dealing Houses of Nigeria (ASHON) among other key stakeholders on Tuesday celebrated the outgoing Group Chief Executive Officer of Nigerian Exchange Group Plc (NGX Group), Mr. Oscar…
CBN’s MPC votes to raise MPR again
At a time headline inflation is biting harder in the economy, the Monetary Policy Committee (MPC) again voted to raise the Monetary Policy Rate (MPR) by 200bps to 24.75% in March. Analysts at Cordros Capital had highlighted that the committee’s…
TEF Plans 10th Cohort of Entrepreneurship Programme in Africa
10th Cohort of the Tony Elumelu Foundation Entrepreneurship Programme announced; Over 50 business sectors from farming to technology represented; 20,000 entrepreneurs from 54 countries across Africa funded in 10 years – doubling original target. The Tony Elumelu Foundation (TEF), the…
PAFON 1.0: Experts Harp on Data Privacy in Payments Ecosystem
Leader of the Committee of Chief Information Security Officers of Nigerian Financial Institutions (CCISONFI), Mr. Festus Amede, has identified Data Minimization Principles, User Consent and Control, as well as Compliance with Privacy Regulations as important elements in protecting privacy in…
TotalEnergies, SINOPEC to produce sustainable jet fuel
TotalEnergies and China Petroleum and Chemical Corporation (“SINOPEC”) have signed a Heads of Agreement (HoA) to jointly develop a Sustainable Aviation Fuel (SAF) production unit at a SINOPEC’s refinery in China. The planned unit, jointly owned by SINOPEC and TotalEnergies,…
Impounded Container load of Fake Tyres not from Tyre Village—President
Following the impounding of a 40 feet-container load of imported fake tyres from one of the leading markets in Lagos International Trade Fair complex by the operatives of Standard Organisation of Nigeria (SON), the President of Africa Tyre Village (ATV),…
Thiel, Bezos and Zuckerberg stock sales offer lessons to investors
Leading tech executives – including Peter Thiel, Jeff Bezos, and Mark Zuckerberg – selling off chunks of their company shares offer a valuable lesson for all investors: the importance of strategic asset allocation and risk management. The analysis from Nigel…
S Mobile Bags ‘MTN Enterprise Business Foundation 2024’ Award
Emerging leaders in enterprise management, S Mobile Group has been recognized by MTN Business as the distinguished recipient of the MTN Enterprise Business Foundation 2024 award. The award is in recognition of S Mobile Group’s strategic initiatives that aligned with…
Nigeria Seeks Joint West Africa Regional Protection of Undersea Cables
In view of the recent undersea cable cuts that challenged connectivities in many countries in the West Afrcan region, Nigeria has called for a coordinated and multilateral approach by the region to protect shared telecommunications infrastructure, and diversify connectivity to…
