Category: Business

Africa’s digital economy to grow to$180b by 2025 – Google, IFC

  Africa’s Internet economy has the potential of reaching $180 billion or 5.2 per cent of the continent’s Gross Domestic Product (GDP) by 2025, according to a...

Alta Semper disrespects Nigerian judicial process

On 4 November 2020, Justice Oguntoyinbo of the Federal High Court, Lagos Division made an order that all parties in the action between Mrs Olubukunola George v....

Leader

Tinubu supports Sanwo-Olu on scrapping ex-govs pension

  Bola Tinubu, a former Governor of Lagos, has thrown his weight behind Governor Babajide Sanwoolu over his plans to stop payment of pensions and gratuity to former...

Don’t accept metres without seal – NEMSA to Nigerians

The Nigerian Electricity Management Services Agency (NEMSA) on Wednesday advised Nigerians not to accept any metre without the agency’s seal or label. The Managing...

NICON Trustee, Leadway others may lose registration certificate – SEC

  The registration certificate of about 157 inactive Capital Market Operators(CMO) may soon be withdrawn by the Nigeria Securities and Exchange Commission over...

FEC ratifies Nigeria’s membership of African Free Trade Zone

The Federal Executive Council (FEC) has ratified Nigeria’s membership of the African Continental Free Trade Area Agreement Wednesday in Abuja. Minister of Information...

Broadband penetration hits 45.43% in Nigeria – Pantami

  The Minister of Communications and Digital Economy, Dr Isa Pantami, says broadband penetration in Nigeria increased to 45.43 per cent in October. Dr Femi Adeluyi,...

UBA to hold virtual media Nov13

The United Bank for Africa Plc has announced plans to hold a Pan-African parley with select media practitioners across Nigeria and Africa on Friday, November 13. This...

CBN opposes removal of Arabic inscriptions on naira notes

  The Central Bank of Nigeria (CBN) has opposed a suit before the federal high court in Lagos seeking to remove Ajami (Arabic) inscriptions on the naira notes. CBN...

Uzodimma inaugurates interim c’mittee of ITC

Urges members to recover assets  Governor Hope Uzodimma of Imo State has tasked members of the newly inaugurated Interim Management Committee of Imo State Transport...