25.4 C
Lagos
Friday, October 23, 2020
An Integrated ICT services provider, Internet Solutions Limited, has rebranded and set to operate as Dimension Data from the end of this year in all its operating companies. The company said the rebranding was part of Dimension Data's larger plan to consolidate its businesses, enhance efficiency, and better delivery of...
After spending 16 months reviewing data from various the International Oil Companies (IOCs), Kariya Energy Monday announced its readiness to enter into various definitive agreement to acquire upstream and midstream oil and gas assets in African countries. Kariya Energy would pursue profitable small-scale Liquefied Natural Gas (LNG) projects across Africa,...
A leading Nigerian conglomerate with focus on manufacturing, infrastructure and agriculture, BUA Group, has ventured into oil and gas sector and signed a deal with France’s largest hydrocarbons group, Axens, to refine 200,000 barrels per day of crude oil in Nigeria. Located in Akwa Ibom State, South-south Nigeria, the project...
With effect from tomorrow (September 1), subscribers are expected to pay more to view channels on DStv and GOtv networks. MultiChoice argued that it has adjusted its subscription rates in order to ensure the sustainability of its business, considering financial impacts, including inflation as well as increased content and operational...
Polaris Bank has appointed Innocent Ike as Acting Managing Director/Chief Executive Officer. The bank, in a statement, announced Ike’s appointment to succeed Adetokunbo Mukhail Abiru, who recently retired from the bank. The outgoing managing director has been touted to become the flagbearer of the All Progressives Congress (APC) in Lagos State...
Nigeria's Minister of Finance, Budget and National Planning, Zainab Ahmed; Access Bank’s Group Chief Executive Officer, Herbert Wigwe; Governor, Central Bank of Seychelles, Caroline Abel; former Chief Executive Officer of Agusto & Co., Vivien Shobo; among others have emerged winners of the 2020 Edition of the African Banker Awards...
A Central Bank of Nigeria (CBN) data has revealed that the naira has fallen by 108 per cent against the West African CFA (popularly known as CFA). As the West African CFA rallies to wipe out the hitherto wide trading gap between the two currencies, it gained 36 kobo from...
The Central Bank of Nigeria (CBN) for the first time last week sold the pound above N500, as naira continues to battle major headwinds. On Wednesday, the nation’s apex bank sold a pound for N501.98 and quoted N500.659 as its buying rate. At the parallel market, the currency is going for...
African Trade Insurance Agency (ATI) has confirmed key senior-level positions that would play an important role in steering critical support to member governments. The appointments, which were approved by the Board of Directors, included a veteran of the World Bank’s IFC, Manuel Moses, who has been appointed as the new...
President Muhammadu Buhari has warmly felicitated with former Chairman of Nigerian Economic Summit Group (NESG), Sam Ohuabunwa, on his 70th birthday on August 16, joining friends and family members to celebrate the visionary leader, whose competence and influence have greatly impacted on the Nigerian economy and beyond. Buhari congratulated Ohuabunwa,...