A new collaboration between Thomson Reuters, one of the world’s leading providers of business information services, and Adapt IT, a provider of leading specialised software and digitally-led business solutions in Sub-Saharan Africa, has been entered into by the duo to enable more businesses in the region deploy technology solutions for enhancing their competitiveness in the […]
The Central Bank of Nigeria (CBN) on Tuesday expressed its concern about low participation of the South East region in its various economic intervention policies and programmes in the past few years, urging the leaders to encourage improved participation of their people in the programmes. The apex bank’s Acting Director, Corporate Communications Department, Mr. Osita […]
Vertiv, a global provider of critical digital infrastructure and continuity solutions on Wednesday introduced the Vertiv Leibert EXMA, a three-phase uninterruptible power supply (UPS) providing double conversion efficiency up to 97%, with capacity to increase to 98.8% with the dynamic online mode. With power supply capacity ranging from 100 to 250kva and a compact and […]
The National Bureau of Statistics (NBS) on Tuesday signed Memorandum of Understanding (MoU) with the Nigerian Ports Authority (NPA) as part of its collaborative initiatives with stakeholders in the nation’s political economy to enhance the nation’s statistical system. In his remarks during the pact with the NPA, the Statistician General of the Federation, Dr. Yemi […]
The Federal Government on Tuesday announced the extension of the ongoing NIN-SIM data verification deadline to 30th of June, 2021 based on request by stakeholders in the nation’s telecommunications industry, especially the millions of yet-to-be-captured subscribers. The approval for the extension of the deadline was contained in a statement jointly signed by the Director Public […]
The National Association of Microfinance Banks (NAMB) has described the House of Representatives’ stance urging the Central Bank of Nigeria (CBN) to suspend the April 2021 deadline set for the ongoing recapitalization drive for microfinance banks based on the lingering COVID-19 pandemic-triggered disruptions of the nation’s economy as a welcomed development. The lawmakers’ advice was […]
Pricewaterhouse Coopers Limited Nigeria (PwC), one of the world’s leading research and consulting firms, has projected that given the realities in the international oil market, Federal Government’s oil production target and earnings’ projections in the 2021 budget look feasible. The consulting company gave this hint in its just published ‘Economic Alert: Assessing the 2021 FGN […]
The Federal Government on Friday commended the management of Nigeria Export-Import Bank (NEXIM Bank), for returning the bank to profitability and reducing its non- performing loans (NPL). The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, gave the commendation when she inaugurated two newly appointed Non – Executive Directors into the Board of […]
As workers globally continue to prepare for the 2021 Workers’ Day celebrations tomorrow, the Federal Airports Authority of Nigeria (FAAN) has felicitated with the Nigerian workers for being pivotal to all national development initiatives over the years. The Managing Director of the Authority, Capt Rabiu Yadudu, in a statement expressed the FAAN management’s hearty congratulation […]
TECNO, a global leading premium smartphone brand, has announced its new brand ambassador, Chris Evans. This signing has intensified TECNO’s determination of globalization allowing them to break into emerging markets around the world to become a leader in those areas . As the brand continues to grow on the world stage, TECNO now finds itself […]