CBN set up YIEDP to drive enterprise among Nigerian youths—Alade
The Deputy Governor, Economic Policy of the central Bank of Nigeria (CBN), Dr. Sarah Alade has said that the establishment of Youth Innovative Entrepreneurship Development Programme (YIEDP) by CBN was designed as an interventionist model in the real sector of…
Dangote, 9 others to discuss Africa-Europe trade with Hollande
French President, François Hollande has concluded discussion with top 10 entrepreneurs across Middle East, Europe and Africa in Paris on ways of promoting trade relations with Europe. The dialogue is coming on the heels of serious collapse in the volume…
LADOL seal partnership deal with Norwegian companies
The Lagos Deep Offshore Logistics (LADOL) is currently working out a strategic partnership package with some Norwegian companies towards oil and gas business development in the country. This was made public when a delegation of the Nigerian-Norwegian Chamber of Commerce…
Seme border Customs Command generates 1.129bn in September
The Nigeria Customs Service (NCS), Seme Command, has said it generated 1.1billion revenue in September. The command’s spokesman, Selechang Taupyen, made this known in a press statement issued on Monday. Taupyen said the amount generated in September surpassed the N833,791,678…
Huawei unveils $6m Innovation, Experience Centre in Nigeria
Leading Asian giant in technology, Huawei has launched Innovation and Experience Center in Lagos. Minister of Communications, Barrister Adebayo Shittu unveiled the structure built on 500 ㎡ (meter square), built at a total cost to up $6 million (USD). Shittu…
Internet Users hitst 94m in August – NCC
Latest data released by Nigerian Communications Commission (NCC) has shown that Internet users on Nigeria’s telecommunications networks increased to 93,591,174 as at August 2016. The data showed that internet usage on the Global System for Mobile communications (GSM) and the…
Japan set to invest in power generation
The minister of Finance, Mrs. Kemi Adeosun has disclosed that federal government has secured commitments from Japan International Co-operation Agency to invest in the Jebba Hydro project and also facilitate trade and investment in Nigeria. Jebba hydro scheme has…
Adopt Iot strategies, Vodacom tells business owners
Vodacom’s Executive Head of IoT, Tony Smallwood, has said “For maximum impact, business firms and corporate organisations need to adopt Internet of Things (IoT).” Vodacom Business Nigeria, a corporate connectivity and telecommunications solution provider, is expected make more efficient businesses,…
Oil will hit $60 by year end—Saudi Oil Minister
Saudi Arabia said yesterday it was “not unthinkable” that the price of crude oil could surge to $60 a barrel by the end of the year but warned against drastic production cuts that might shock markets. Speaking in the opening…
MTN creates Regulatory Head position
Leading African telecoms firm, MTN Group Limited has appointed Felleng Sekha to the newly created position of head of regulatory affairs. This is coming as part of a management shakeup at the wireless carrier following a record $1 billion fine…
