By Sodiq Adelakun Mastercard, in partnership with First City Monument Bank (FCMB) and Netplus, has launched a contactless payment solution that enables consumers, merchants and financial institutions to process payments seamlessly using Tap on Phone. The solution helps to eliminate…
In the spare of hike in borrowed costs, personal loans declined to N1.75trillion in the fourth quarter of 2022 from N1.85trillion in the previous quarter, according to the Central Bank of Nigeria (CBN). The CBN, in its economic report for…
Neimeth International Pharmaceuticals Plc has said that the high cost of doing business in the year, especially concerning foreign exchange for the procurement of input materials and other inflationary pressures, adversely affected its profitability. The Chairman of the Company, Dr.…
The Chief Executive Officer(CEO), Major Oil Marketers Association of Nigeria (MOMAN), Mr Clement Isong has said that Dangote Refinery through its production and ancillary industries will contribute significantly to the nation’s economic growth. Isong said this in an interview with journalists…
As part of effort to achieve a mandate of 95 per cent digital literacy by 2030 and powering the economic resilience of Nigeria through effective collaboration with relevant stakeholders, the National Information Technology Development Agency (NITDA) has signed a Memorandum…
Global technology giant, Meta has revealed that it will be celebrating rising African stars as part of the Africa Day celebration on 25 May. Meta announced the third iteration of its pan-African ‘Made by Africa, Loved by the World’ campaign.…
By Ibiyemi Mathew Galaxy Backbone Limited has been appointed as Nigeria’s representative on Smart Africa Alliance Digital train. The Alliance which is a partnership bringing together all African countries adhering to the Manifesto represented by the AU, the ITU, World…
By Matthew Denis The Managing Director of Nigerian Export Processing Zones Authority (NEPZA) Prof. Adesoji Adesugba, has ascribed the huge investment in the Dangote Refinery, one of Nigeria’s flagship free trade zones, to the unrivaled patriotic posture of the African…
The Senate has ordered the Federal Ministry of Works to refund into the nation’s purse a whopping sum of N692 million allegedly spent on fictitious contracts as contained in the 2018 report of the Auditor General for the Federation, AuGF.…
A northern coalition of civil society organisations has called on the EFCC chairman, Mr Abdulrasheed Bawa, to resign or be fired over alleged corrupt allegations. In a statement on Sunday, the chairman of the Coalition of Arewa Civil Society Organisations,…
