In order to augment facilities for smooth conduct of Computer Based Tests (CBT) by the Joint Admission and Matriculation Board (JAMB), the Nigerian Communications Commission (NCC) has built and donated four of such centres to the examination board.
Dell Unveils New Future-Ready Servers to Boost SME Productivity
End-to-end IT solutions provider, Dell, has unveiled the newest additions to its highly successful Dell PowerEdge 13th generation servers , created to help small and midsize enterprises (SMEs) prepare for future growth.
MIA Launches XIAOMI Smartphones in Nigeria
MIA Group has announced that it is launching two of Xiaomi’s iconic smartphones in Nigeria, which will be made available on e-commerce website Jumia, its exclusive online partner for the launch.
BREAKING NEWS! MTN CEO Resigns over N1.04tr NCC Fine
Mr. Sifiso Dabengwa, the Chief Executive Officer of MTN Group has resigned with immediate effect over the N1.04 trillion ($5.2bn) fine imposed on MTNN Nigeria by the Nigerian Communications Commission (NCC) for failing to deactivate unregistered SIM cards. The resignation of Dabengwa was announced by the company early Monday.
Financing Development under President Buhari: The Role of Pan African DFIs
By Roberts Orya, MD/CEO Nigerian Export-Import Bank (NEXIM)
The Central Bank of Nigeria (CBN) has prognosticated a possible economic recession in 2016.
This possible worst outcome of the present slump is something I am sure President Muhammadu Buhari would do everything to prevent. No president wants to be known in history as a ‘Recession President.’ However, this undesirable economic situation can sometimes become a reality, even inspite of the best efforts of a well-meaning leadership.
Fitch: MTN Group’s Outlook Negative on N1.04tr Nigerian Fine
Fitch Ratings has revised the Outlook on MTN Group’s debt ratings to Negative from Stable and affirmed the IDR at ‘BBB’.
COMESA, Microsoft Promote Access, Skills, Innovation in 19 African Countries
The Common Market for Eastern and Southern Africa (COMESA) through the COMESA Business Council (CBC) and Microsoft have taken a step toward strengthening their working alliance by signing a Memorandum of Understanding (MoU), which sets out how they will collaborate in the areas of access to technology, development of relevant skills and the fostering of innovation in COMESA’s 19 member States.
Union Bank Sets Up Mini Branch at Lagos Trade Fair
Following the recent unveiling of Union Bank’s new identity and in its bid to make banking simpler and smarter for customers and prospects, the Bank has announced that it is participating in the 2015 edition of the Lagos International Trade Fair to showcase its simpler and smarter banking solutions and also its rebranded service delivery.
African Securities Exchanges Association Confab Reflects Strength of Continent’s Capital Markets
The African Securities Exchanges Association (ASEA), a premier association of 25 securities exchanges from across the continent—will hold its annual conference in Johannesburg from 15 – 17 November.
Emirates Group Reports $12.6bn 2015 Half-year Revenue
The Emirates Group has announced its half-year results for 2015-16, showing continued business growth and a strong performance.
Samsung Smartphone Shipments Return to Growth in Q3 2015
According to the latest research from Strategy Analytics, global smartphone shipments grew 10 percent annually to reach 354 million units in the third quarter of 2015.
Business Journal Named ‘Best Financial Newspaper in Nigeria’
Business Journal has won international recognition as ‘Best Financial Newspaper in Nigeria’ in the 2015 International Finance Awards by Wealth & Finance International Magazine of the United Kingdom (UK).
How Stanbic IBTC Was Caught in Annual Accounts Fraud
The white-stained gloves went off. And the pretence of Best Corporate Governance was publicly muddled as Stanbic IBTC Bank Plc was caught red-handed by the Financial Reporting Council (FRC) for allegedly falsifying and manipulating its annual accounts in 2013 and 2014 to deceive regulators, tax authorities, shareholders and the general public on the true state of its financial results in the two years under review.
TSA: CBN Sanctions UBA N2.9bn, First Bank N1.8bn
These are bad times for United Bank for Africa (UBA) Plc and First Bank Limited as both were sanctioned by the Central Bank of Nigeria (CBN) to the tune of N2.9 billion and N1.8 billion respectively for allegedly violating the Treasury Single Account (TSA) policy of the Federal Government.
The Federal Cabinet: Time for Effective Governance
The 2015 Presidential Election ended on Saturday, March 28, 2015. It now belongs to the history books. Regardless of the pros and cons of the polls, it came and went.