The Director-General of National Automotive Design and Development Council (NADDC), Mr. Jelani Aliyu, has reiterated the need for African countries to embrace electric vehicles as alternative source for transportation in view of the socio-economic benefits to the continent. Aliyu, who gave the charge in a statement issued on Thursday, stressed that the continent cannot advance […]
The Advertising Regulatory Council of Nigeria (ARCON) has estimated that the nation’s advertising industry is losing over N120 billion annually to production of advertising, advertisement and marketing communication materials outside the country. The Director-General of ARCON, Dr. Olalekan Fadolapo, who gave this figure in a statement, pointed out that the development had continued to impact […]
…..as excited traders jostle to open account TAJBank Ltd, a leading non-interest hank, has continued its service and financial inclusion drive with the opening of a new, technology-powered branch in Wuse 2, Abuja. The opening of the new branch brings the lender’s growing branch network to 22 within its first two years of operation. Speaking […]
Fitch Ratings, one of the leading global rating agencies, has upgraded Fidelity Bank Plc’s long-term issuer default rating (IDR) from ‘B-’ to ‘B’, reflecting the bank’s increased creditworthiness. Fitch also upgraded the bank’s National Long-Term Rating to ‘A(nga)’ from ‘BBB+(nga)’. According to the rating agency, the upgrade is a result of the Bank’s improving business […]
Worldstage Limited, one of Nigeria’s research and technology-driven Africa-focused companies with expertise in multidimensional communication services, has stated that discussions at its WorldStage Economic Summit 2022 will focus on the nation’s infrastructure deficit and how to reduce it to barest minimum in the years ahead. According to a statement by the company, the objective of […]
Oliver, the world’s only company to exclusively design, build and run in-house agencies for brands, has won three Campaign Global Agency of the Year awards. The Campaign magazine has recognized Oliver and its parent company, the Inside Ideas Group (IIG), as Global In-House Agency of the Year alongside Unilever’s in-house agency U-Studio (Gold); Global Customer Engagement Agency […]
The Federal Government has projected that the successful completion of the on-going reforms in the nation’s creative industry and advertising sector would add about $2 billion in advertising revenues to government within the next three years. The Minister of Information and Culture, Mr. Lai Mohammed, gave this projection on Thursday during a technical session of […]
Twitter founder, Jack Dorsey, has explained why the multibillion dollar microblogging app board decided to sell it to Elon Musk, who on Monday night reached an agreement to buy the app for approximately $44 billion. Musk acquired the company at $54.20 a share, the same price named in his initial offer on April 14. Clarifying […]
The Nigerian Communications Commission (NCC) has stressed that telecommunications consumers in Nigeria have a major role to play in complementing efforts being put in place to ensure effective protection of telecommunications infrastructure. This is important to sustain and improve on the quality of service delivery by the service providers. The Commission gave this charge at […]
The Federal Competition and Consumer Protection Commission (FCCPC) has opened discussions with MultiChoice Nigeria over its increase of subscription prices for users of the DStv and GOtv packages. The Executive Vice Chairman of the commission, Mr. Babatunde Irukera, was quoted by the News Agency of Nigeria, as confirming the discussions with the pay TV services […]