Business

Stories by Babajide Okeowo A United Nations Conference on Trade and Investment’s United Nations’ UNCTAD) report detailing the state of global Foreign Direct Investment (FDI) in 2018, has shown that Nigeria lost as much as…

BABAJIDE OKEOWO The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the Agency had already keyed into the vision of the President by creating over 7000 jobs in the…

With the signing into law of the 2019 Budget by President Muhammadu Buhari on May 27, 2019, the dust raised by the delay in passing the Appropriation Bill by the National Assembly has finally settled. The approval of the budget by the two…

An IT expert, Mr. Jide Awe, on Saturday said that adopting the 5G network would enhance digital economy in Nigeria. Awe made the assertion in an interview with the News Agency of Nigeria (NAN) in Lagos, saying it was imperative for…

At a special event highlighting the partnership between the African Development Bank (www.AfDB.org) and Korea held on the sidelines of the Bank’s Annual Meetings, the role of drone technology to boost food productivity in Africa, was on…

The interbank segment of the foreign exchange market received a boost of $210m from the Central Bank of Nigeria (CBN) following sales concluded, on Tuesday. Figures obtained from the CBN indicated that authorised dealers in the wholesale…

The Securities and Exchange Commission (SEC) has suspended till further notice,  Oando Plc’s Annual General Meeting (AGM) scheduled to hold on Tuesday. The suspension  followed an order by a Federal High Court in Lagos due to an…

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele,  has said the apex bank has blocked the accounts of some smugglers sabotaging Nigeria’s economy in the textile, rice and palm oil industry. Emefiele said this during an…

Two non-Executive Directors of Nigerian Oil firm Oando Plc, have resigned. The two directors are Sena Anthony and Oghogho Akpata. Their resignations was believed to have taken effect on June 3. Their resignation details…

MTN Group on Friday announced the unveiling of Africa’s first Mobile Money (MoMo) Artificial Intelligence (AI) service or “chatbot”. The MTN Group President and Chief Executive Officer, Rob Shuter, in a statement said that the chatbot…