Business

Why You Should Never Go on the Internet Without a VPN, and How You Can Get One

Privacy in the Age of Information Once upon a time, the internet felt like a private and obscure place. But the reality of today’s cyber climate is that every move…

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Privacy and the Internet of Things

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Double Honors at Euromoney Awards …Wins Nigeria’s Best Bank & Africa’s Best Bank for SMEs

Foremost African financial institution; Guaranty Trust Bank plc reaffirmed its position as a leading global brand with its recent recognition as ‘Nigeria’s Best Bank & Africa’s Best Bank for SMEs’…

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What Nigerians Are Saying After Ooni Of Ife, Ogunwusi Bowed To Greet Saraki

The Royal Majesty Oba Enitan Adeyeye Ogunwusi, the Ooni of Ife was snapped while he was courteously greeting the number three citizen of Nigeria, the Senate President, Dr. Bukola Saraki…

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Nigeria develops new schemes for agricultural export to Europe, others

Olusegun Awolowo, Executive Director. Nigerian Export Promotion Council, NEPC, says the Federal Government has developed “Conduits of Excellence (CoE)’’ to ensure consistent and stringent quality management for all exportable products….

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NCC debunks membership of Etisalat’s new board

The Nigerian Communications Commission (NCC) has said that it was not among the members of the new board of Etisalat. The Director of Public Affairs, NCC, Mr Tony Ojobo said…

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Multinationals have moral obligation to comply with Nigerian content law – ExxonMobil MD

The Managing Director of ExxonMobil Nigeria, Paul McGrath, said on Thursday that compliance with the provisions of the Nigerian Content Act was not only legal, but also a ‘moral obligation’…

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Minister Commends Unilever Nigeria for its Commitment to the Growth of Nigerian Economy

As part of its commitment to continually invest in Nigeria, Unilever West Africa’s Vice President, Supply Chain, Siddharth Ramaswamy, has reiterated the company’s commitment to the growth of the Nigerian…

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Seplat reduces aggregate indebtedness by $365 million

Seplat Petroleum Development Company Plc on Monday announced one-year extension of its Revolving Credit Facility, RCF, to December 31, 2018. The company in a statement posted on the Nigerian Stock…

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Heritage Bank restates commitment to deepen agro-business funding

HERITAGE Bank Plc has reiterated its commitment to further deepen the drive to support agribusiness value chain in order to fast track food security and sufficiency in the country. The…

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Ecobank partners Lagos State on Green Environment Initiative

ECOBANK Nigeria Limited has initiated the planting of 500 coconut tree seedlings on Victoria Island being part of the Lagos State greener, healthier and sustainable environment campaign targeted at planting…

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MTN to list stock on Nigerian Exchange soon

MTN  on Friday in Abuja said it would list its shares on the Nigerian Stock Exchange this year. MTN General Manager, Mr Nikiwe Tsaagane, made this known when he paid…

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Bank customers’ deposits soar in 2016 despite recession

Despite the economic recession and regulatory headwinds, deposit money banks (DMBs) recorded an increase in customer deposits in 2016 full year financial results published by the lenders have shown. The…

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France to Invest one billion Euros in Nigeria Oil and Gas Industry

The French Government said that it has set aside about one billion Euros to be invested in the Nigeria Oil and Gas industry France Ambassador to Nigeria, Mr Denys Gauer,…

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Loan repayment: Banks’ shareholders push for takeover of Etisalat

Some shareholder groups in the nation’s capital market on Tuesday urged Etisalat Nigeria to settle the N1.2 billion debt it owed 13 commercial banks to avoid a takeover. A cross…

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Why we intervened in Etisalat debt crisis — CBN, NCC

Financial sector regulator, Central Bank of Nigeria, CBN on Friday said its intervention in the ongoing debt crisis between Etisalat Nigeria and a consortium of banks was to save the…

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Bayelsa govt seals Chinese firm over N109 million tax liability

The Bayelsa Board of Internal Revenue, BIR, on Wednesday sealed off a Chinese company, Hilong Oil Services and Engineering Company Limited over alleged tax default of N109.5 million. The enforcement…

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Nigeria’s Niger-Delta Kingpin, Tompolo under British Police Investigation for giving $154,000 bribe

THE British Police under the instruction of the United Kingdom government is increasing its investigation on the complicity and bribery engaged by Nigeria’s repentant Niger-Delta warlord, Government Ekpemupolo, alias Tompolo where…

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NNPC Crashes Price of Diesel across Nigeria by 42%

The Nigerian National Petroleum Corporation (NNPC) Sunday said some of its key strategic interventions have resulted into a significant drop in the price of diesel by about 42 per cent…

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Inflation Rate Drops To 16.25 Percent – NBS

The 2017 Consumer Price Index, CPI, released on Thursday by the National Bureau of Statistics, NBS, has shown a decline of 17.24 per cent in April to 16.25 per cent…

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