The Nigerian government hopes to sell or temporarily hand over control of dozens of state-owned businesses in a bid to resuscitate them in 2021 and beyond. An investors’ guide by the Bureau of Public Enterprises (BPE) invites potential investors to take advantage of the opportunities available and incentives offered by …
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There are many good things to celebrate about Abia State, e.g., Abia has stayed constant in WAEC performance…Abia has always been among the top three states with WAEC pass rates. Enyimba of Aba won Nigeria’s first and only Champions League Cup twice. “Aba-made” goods, i.e., SME manufacturing in Abia, Nigeria, …
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The Central Bank of Nigeria has confirmed the appointment of eight directors, including Osita Nwanisobi as the Director, Corporate Communications Department. Nwanisobi had been in acting capacity since last October when his predecessor, Isaac Okorafor, retired from service. In a statement released on Wednesday, the apex bank said that all …
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The naira plunged to a fresh record low against the dollar, the British pound sterling and euro on Thursday amid the lingering scarcity of foreign exchange in Nigeria. The value of the naira fell against the US currency on at both the parallel market and the Investors’ and Exporters’ foreign …
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If the story of Nigerian local content will be told, the impacts of the Nestoil Group will be a recurring theme of any such discussion. This is because, since its entrance into the oil and gas sector in 1991, 19 years before the enactment of the Nigerian Oil and Gas …
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The Nigeria Football Federation on Wednesday sealed a partnership agreement with Air Peace that made the frontline indigeous airline company the Official Airline Sponsor of Nigerian National Teams, and which President of NFF and FIFA Council Member, Mr Amaju Melvin Pinnick described as “an ordained union of two super brands.” …
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The Central Bank of Nigeria (CBN) has released new guidelines on how a state-backed digital currency (e-Naira) will be regulated, designed, and issued. The Central Bank Digital Currency (CBDC) is on schedule to be launched on the 1st of October. Expected to be a legal tender for the entire country, …
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LASEPA GOES TOUGH ON IRON, STEEL MANUFACTURERS* *… Issues “Stop Work” Order To Manufacturers in Ikorodu* The Lagos State Environmental Protection Agency, LASEPA, has issued a “stop-work” order to two Steel and Iron manufacturing companies in Ikorodu, Sun Flag and Top Steel, for contravening safety rules and permissible environmental standards. …
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Otunba Adeniyi Adebayo, Minister of Industry, Trade, and Investment, on Tuesday, declared that Nigeria’s economy was coming back strongly with foreign investors making a commitment to invest in the country. Adebayo spoke at the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) Diplomatic Luncheon in Abuja. According …
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TV Anywhere Africa (TVA), an emerging media-technology (Meditech) company has partnered with Globacom, a leading mobile network operator in Nigeria with about 40 million active data subscribers and over 50 million voice subscribers, to launch GloTV in Nigeria. TV Anywhere Africa partners with telecom operators, internet service providers, and independent …
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