25.6 C
Lagos
Thursday, October 22, 2020
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...
Executive Chairman of Atlas Petroleum and Oranto Petroleum, Arthur Eze, has categorically denied recent news report of his involvement in a partnership with ADM Energy on the ongoing Marginal Fields Bidding Round in Nigeria. On August 3, ADM Energy announced its successful pre-qualification in the Nigerian Government's 2020 Marginal Field...
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...
Incumbent President of the African Development Bank, Akinwumi Adesina, is set to be re-elected for the second term in office as the multilateral development institution, for the first time in the history, holds its Annual Meetings virtually to comply with the novel Coronavirus (COVID-19) pandemic-related social-distancing guidelines. Adesina is running...
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,...
New Partnership for Africa's Development (NEPAD), a socio-economic flagship programme of the African Union Development Agency (AUDA), otherwise called AUDA-NEPAD, has launched the Micro, Small and Medium Enterprises (MSME) Academy, in partnership with Ecobank Group. Spearheaded under AUDA-NEPAD '100,000 MSMEs by 2021' (100K MSMEs) programme for Africa’s Micro, Small and...