The Central Bank of Nigeria (CBN) has published list of firms that were able to access forex totaling 867,834,186.26, from the interbank market in October. The return on FX Utilisation published on the CBN website yesterday showed that it met…
Thousands of stakeholders from the private and public sectors of the Transport and Logistics sector of the economy, ranging from road, rail, sea, air to inland waterways, will converge at the Multimodal West Africa Exhibition and Conference holding from Tuesday,…
The Trade Union Congress of Nigeria (TUC), said Tuesday that the proposed increase in data rate by the telecoms operators in the country was a conspiracy against the collective interest of the common man in the country. In a statement…
Oil prices dipped Tuesday as expectations dimmed of an OPEC agreement to reduce the cartel’s gushing of crude into the massively saturated global market by around a million barrels per day. Prices were also hit as non-OPEC Russia confirmed it…
The country may be plunged into another round of excruciating fuel scarcity in the next couple of weeks, as oil marketers disclosed that they are running out of patience over the Federal Government’s refusal to pay its $1.7 billion debt…
The House of Representatives has accused the management of the Nigerian Communications Satellite (NIGCOMSAT) of violating the Public Procurement Act in the award of $500 million insurance contracts. Shocked by the company’s action, the Lower House Ad-hoc Committee probing the…
Sachet water popularly called ‘pure water’ as well as the water packaged in bottles may go out of the reach of the common Nigerians as the prices of the commodities have gone up by between 50 and 100 per cent.…
President Muhammadu Buhari on Sunday said the All Progressives Congress, APC, is out to create jobs and restore the economy the country. Buhari’s remark was contained in a statement congratulating the governor-elect of Ondo State, Rotimi Akeredolu. Buhari in the…
The parent company of the Ecobank Group, Ecobank Transnational Incorporated (ETI) has appointed Mr. Madibinet Cissé as group head, legal and Company Secretary/Group Counsel. He joined Ecobank from the Africa Finance Corporation (AFC) in Lagos, Nigeria, where he is currently…
William H. Saito Too often, the conversation on cybersecurity is predicated on fear, uncertainty and doubt (FUD): amplifying the latest news of how good hackers are getting, setting off alarm bells when it comes to vulnerabilities. Headlines only highlight the…
