Kate Ene David Becomes MTN Nigeria’s CEO for a Day
MTN Nigeria has announced Kate Ene as its CEO for a day following her emergence as the winner of the 2022 MTN mPulse Spelling Bee out of over 11,000 participants who registered for the competition. Kate, an inspiring 14-year-old student…
Sophos Details First Fake Apps Found on Apple’s App Store Used by Cybercriminals for CryptoRom Schemes
Sophos, a global leader in innovating and delivering cybersecurity as a service, today released new findings on CryptoRom scams—elaborate financial fraud schemes that prey on and trick dating app users into making fake cryptocurrency investments—in its latest report, “Fraudulent Trading…
NCDMB flags off Year 2023 with Platinum Level Ranking
Higher and higher soars the Nigerian Content Development and Monitoring Board (NCDMB) as it shatters the records again, emerging “a Level 5 Platinum Level organization” in a summary report of the Bureau of Public Service Reforms (BPSR) Self-assessment Tool (SAT)…
Dangote, Sinoma Seal Deal on new 6Mta Cement Plant in Ogun State
Dangote Industries Limited (DIL) has signed an agreement with China Sinoma International Engineering to build a six million tons per annum cement plant in Itori, Ogun State. The agreement was signed by the Chairman of Dangote Cement Plc, Aliko Dangote…
Revealed: 5 reasons you won’t get a gift this Valentine’s
Roses are red Violets are blue I’ll buy a gift But it won’t be for you… It’s that time of the year when roses go round, and stores run out of chocolates and cards. But what’s more important is the…
Moody’s Investor Service downgrades Nigeria’s sovereign credit rating
On Friday, 27 January, Moody’s Investors Service (“Moody’s”) downgraded Nigeria’s sovereign credit rating further to ‘Caa1’ from ‘B3’ and changed the outlook to ‘Stable’. We note that obligations rated ‘Caa1’ are judged to be of poor standing and are subject…
Police, Host Communities hail Egbin Power, Sahara Foundation for good security
The Nigeria Police and stakeholders in host communities of Ijede, Egbin and Ipakan, Ikorodu Lagos State have applauded Egbin Power Plc and Sahara Foundation for upgrading the Police Station at the Divisional Headquarters in Ijede, Ikorodu, Lagos State. The project…
MTN Group CEO, Ralph Mupita, lauds NGX for access to financial securities
The Chief Executive Officer of MTN Group, Ralph Mupita, has lauded Nigerian Exchange Limited (NGX) for democratising access to financial securities, thereby empowering more Nigerians. He said this when in recognition of the importance of the partnership between MTN and…
Decline in fuel business contracts revenue for Ardrova Plc in Q4-22
Ardrova Plc (ARDOVA) published its Q4-22 unaudited financials yesterday, reporting a loss per share of NGN2.17 in Q4-22 (vs loss per share of NGN3.90 in Q4-21), bringing the 2022FY loss per share to NGN5.83 (vs LPS of NGN2.95 in 2021FY)….
Importers, exporters to gain from Inland Dry Ports, says FG
The Federal Government has expressed optimism that importers and exporters in Nigeria will benefit immensely from the Inland Dry Ports being established in various parts of the country. The Minister of Transportation, Mu’azu Jaji Sambo stated this at the commissioning…
