CBN deputy gov bags Nkrumah award for excellence
The Deputy Governor, Economic Policy, Central Bank of Nigeria, Dr. Sarah Alade, has been honoured with the Kwame Nkrumah Leadership Award on Administrative Excellence. The award, which was conferred on...
View ArticleTelecoms experts propose co-location model for improved revenue
One area that has proven its critical importance in telecoms operation is co-location. Co-location is an arrangement that allows an operator to share some type of physical space with other operator...
View ArticleAnchor to construct high-rise structure in Uyo
As part of its efforts to diversify its investment portfolio, the Board of Directors of Anchor Insurance Company Limited has approved the construction of a new commercial high-rise building in Uyo, the...
View ArticleHeritage Bank sustains verification of SGBN account holders
Heritage Bank Nigeria Limited on Friday said it had sustained the verification exercise to revalidate account holders of the former Societe Generale Bank, more than six months after the commencements...
View ArticleStock price drop takes glow off consumer sentiment
Worries about rising interest rates and falling stock prices dinged US consumer sentiment in early July, while other data showed a firm rise in wholesale prices, which could make the Federal Reserve...
View ArticleEmerging stocks rise on stimulus bets
Emerging-market stocks rose, extending a weekly rally, amid speculation global central banks will keep economic stimulus measures. Infosys Limited’s better-than-estimated sales forecast lifted...
View ArticleHollande points to economic recovery, urges optimism
French President Francois Hollande said Europe’s second-largest economy was recovering and tried to fight deepening pessimism in an interview on Sunday, two days after ratings agency Fitch stripped the...
View ArticleAnalysts see increased activities on NSE this week
Capital market analysts have said the increase recorded in major market indicators of the Nigerian Stock Exchange for the most part of last week would be sustained this week. The analysts said...
View ArticleFG mobilises N1.92tn for real sector
In order to aid the development of different sectors of the economy, the Federal Government has entered into series of agreements with international funding agencies. IFEANYI ONUBA, writes Within two...
View ArticleSubsidy debt: Marketers threaten to stop petrol importation
The Major Oil Marketers Association of Nigeria, whose members comprise Conoil, Forte, MRS, Mobil, Oando and Total, has threatened to stop importation of petrol due to the non-payment of their N40.6bn...
View ArticleHigh voltage caused nationwide power failure – TCN
The total power failure experienced nationwide last Thursday was caused by high voltage, the Transmission Company of Nigeria has said. The blackout, which occurred around 1.55pm on the fateful day,...
View Article2.5% housing fund contribution inadequate – FMBN
The Federal Mortgage Bank of Nigeria has said that the 2.5 per cent contribution from the basic salaries of workers to the National Housing Fund is inadequate. According to the bank, the 2.5 per cent...
View ArticleLagos-Abidjan highway to cost $2bn
The Abidjan-Lagos highway development project may cost up to $2bn, the Commissioner for Infrastructure, Economic Community of West African States Commission, Mr. Ebima Njie, has said. He spoke in Abuja...
View ArticleLocal content: Groups protest C/River N12bn project
Two bodies, Conference of Nigerian Political Parties and Concerned Citizens of Cross River State, have separately protested the alleged non-inclusion of local content in the execution of the N12bn...
View ArticleGlobal shares flat as investors seek earnings clarity
Stock markets around the world were little changed on Monday as investors awaited the onslaught of corporate earnings to be released this week, which could help offset signs of weakness in the economy....
View ArticleEMC leads IT transformation at the EMC Forum
EMC, a global player enabling businesses and service providers to transform their operations and deliver Information Technology as a service, has announced the unveiling of its first annual EMC Forum...
View ArticleAccenture to drive India biometric identification system
Accenture, a technology-consulting company, has been awarded a 12-month contract to re-engineer and implement the delivery of biometric programme in Punjab, India under the Aadhaar biometric...
View ArticleBanks help Europe shares extend recovery
European shares rose on Monday to extend a recovery after hitting low points in late June, as Chinese economic data eased fears over a slowdown in that country and boosted sentiment, Reuters reported....
View ArticleITAN optimistic about funding for IT firms
The Information Technology Association of Nigeria has advised IT firms in the country to organise their operations to facilitate the sourcing of industry funds. The association, in its Local Content...
View ArticleNCC defends ending SIM registration
The Nigerian Communications Commission has explained the reasons it decided to bring the Subscriber Identity Module card registration exercise to a close, with a strict directive that telecoms...
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