Confusion as Fitch doubts Nigeria’s crude-for-loans deals with India, China
Nigeria is about to tread a familiar but very vulnerable part again after it observed that earlier oil swap deals orchestrated during the last administration were infested with abuses. This fear may have been given credence as leading global assessment…
OPEC meets today, may end up taking a tough decision on cuts
OPEC meets November 30, in an attempt to reach some form of production freeze deal, but amid a number of disputes that make agreement very difficult. There are short-term incentives, under the pressure of summitry, to come up with something…
CWG invents solution capable of tracking products for manufacturers
Leading software solutions merchant, CWG Plc has disclosed that its flagship, SMERP Product Distribution Management system has been innovated and powered with chips that will trail products transit from manufacturing companies and their distributors to the end users. Business director,…
Dangote Foundation increases donations to IDPs, stakes N1.3 billion
Dangote Foundation has flagged off the distribution of food and other relief items worth over N100 million to IDP camps in the state, thus growing its intervention to N1.3 billion. The Foundation said its support to the IDPs and other…
Experts seek seamless spectrum trading, harp on usage not ownership
Stakeholders in telecoms industry Tuesday in Lagos agreed that further auctioning of telecoms spectrum should be conducted in a way and manner that will accommodate more operators in form of sharing and trading model capable of encouraging aggregate investments by…
‘Leave MTN alone, interrogate FRCN, CBN, NIPC further on $13.9b transfer’
Since Senator Dino Melaye raised the issue of alleged transfer of $13.9bn by MTN Nigeria between 2006 and this year on the floor of the Senate earlier in September, there has been a kind of shielding of concerned regulatory agencies…
NATCOMS chides NCC over data tariff hike as Etisalat joins MTN to issue notice
More experts and interest groups have continued to raise objection to the recent notice by both MTN and Etisalat to subscribers bordering on intent to jerk up tariff of dtata services by December 1, 2016. In a communiqué after its…
Nigerian celebrities lead new Samsung campaign, ‘Open Your Mind’
Leading electronic device manufacturer, Samsung is now deepening its commitment to producing innovative, life-changing products and services as it begins new campaign tagged, “Open Your Mind” to drive brand loyalty. Details from Samsung Electronics West Africa show that the campaign…
30.26m accounts with over N650bn, $7bn apparently trapped by BVN since Oct 1
Credible indications have emerged that many Nigerians may not have heard that since the effective date for the enforcement of Bank Verification Number (BVN) by the central Bank of Nigeria (CBN), October 1, 2016, about 30.26 accounts scattered in all…
Ambode presents 2017 Golden Jubilee budget, capital takes lion share of 63%
Lagos State governor, Mr. Akinwunmi Ambode Tuesday presented 2017 budget valued at about N812.99b for next financial year in the state to the State House of Assembly for approval. Christened: “Golden Jubilee Budget,” preliminary details show that it is N150.4…
