Smile expands voice reach with Lenovo Vide C
In consonance with its vision to provide the best telecommunications solutions, Smile Nigeria has struck a partnership with Lenovo Technologies West Africa in a bid to enhance the reach of its 4GLTE services and voice calls on mobile broadband. Towards…
FG plans N6.8tn budget for 2017
The Federal Government plans to spend an estimated N6.812tn as its budget for 2017. The figure is about 13.3 per cent or N806bn above the N6.06tn budgeted for 2016. These details were contained in the 2017-2019 Medium-Term Expenditure Framework and…
Experts review hurdles facing MSMEs, Startups in Nigeria
As part of renewed efforts to diversify the economy as pursued by the present government, experts in business developments and operators are now giving ideas on how best to create jobs. Whereas the government seems carried away by what can…
Customs rejects social media message, says author mischievous
The Nigeria Customs Service (NCS) has described as mischievous a post trending on the social media particularly WhatsApp claiming “that travellers into Nigeria should not disclose their correct residential address to the customs officers at the arrival lounge for security…
Release approved N30bn for Prepaid Electricity Meters, CRADO tells PMB
The leadership of Consumer Rights Advancement Organisation (CRADO) has appealed to President Muhammadu Buhari to release the N30bn given to Nigerians by former President Goodluck Jonathan allegedly kept in Skye bank for the delivery of prepaid meters for electricity consumers…
Glo Rolls out 4G LTE Services in Lagos, Abuja, others
Leading indigenous telecoms firm, Globacom, has launched 4G LTE services in the country. Tweets from Globacom yesterday indicated that the service would be available nationwide and that data plans range from N50 naira to N18,000 naira. Currently the service is…
Non-performing Loans in Nigeria’s Banking System gallops to 11.7%
Indications have emerged that Non-performing loans (NPL) in Nigeria’s banking system soared to more than double the limit set by the regulator as the industry struggles with an economic downturn. The ratio of non-performing loans to total credit rose to…
FG floats N25bn loan scheme for transportation
Respite is now coming the way of major road fleet operators as the Federal Government has set up N25 billion revolving loan scheme for transport companies in the country to access funds for the purchase of mass transit vehicles. Revealing…
FG fingers Shell in crude oil theft, demands $406 million
Less than one week after the federal government sued two international oil giants, Total and Chevron over under-declaration in crude exports for some years, it is now demanding $406.75 million minimum from Shell Petroleum Development Company of Nigeria Limited and…
Mansard introduces Money Market Fund
AXA Mansard Investment Limited has launched two new mutual funds, the AXA Mansard Money Market Fund and the AXA Mansard Equity Income Fund. The company said it introduced the new products as part of its commitment to delivering superior value…
