30-10-2014 22:52:00 | by: Administrator | hits: 21735877 | Tags:

54gene launches clinical research program in Nigeria
29-10-2020 | 06:45:34
54gene, whose mission is to advance inclusive precision medicine through research, advanced molecular diagnostics, and clinical programs, has launched its Clinical Program Services (CPS) division in Nigeria.
MTN Nigeria appoints new Group CEO and Chief Risk Officer
26-10-2020 | 08:13:54
MTN Group announced two new appointments of Chief Executive Officer of major subsidiary MTN Nigeria Communications and that of MTN Group Chief Risk Officer, a new group executive committee (exco) position, effective 1 March 2021.
[Nigeria] TAJBank selects Newgen to automate customer-facing processes
22-10-2020 | 15:02:05
Newgen Software, a global provider of low code digital automation platform, has announced that TAJBank has selected Newgen as a digital transformation partner to automate its enterprise-wide customer-facing processes.
TGS adds to offshore Nigeria data with new coring project
21-10-2020 | 12:20:16
TGS, provider of multi-client geoscience data for exploration and production companies announced the recommencement of the geochemical coring project offshore Nigeria.
Kaspersky warns of top IT security threats in Africa
21-10-2020 | 08:50:41
Despite research showing an overall decrease in certain malware families and types in sub-Saharan Africa (SSA) in the first half of 2020, Kaspersky stresses that the human cyber threat remains rife.
Stronger private sector could boost Nigeria’s economic growth, IFC, World Bank report
21-10-2020 | 06:12:00
A new report from IFC and the World Bank focused on the health of Nigeria’s economy finds that a broader private sector-led growth strategy could help Nigeria realize its immense potential by attracting more investment.
Siemens Digital Industries selects GIL Automation as value added reseller in Nigeria
16-10-2020 | 07:55:35
In support and contribution to the development of industry in Africa, Siemens has revised its business approach for sustainable business development and competitiveness.
Stripe acquires Nigeria's fintech startup Paystack to accelerate online commerce across Africa
16-10-2020 | 06:48:56
Stripe has entered into an agreement to acquire Paystack, a fintech startup based in Lagos, to make it easy for organizations of all sizes to collect payments from around the world, and help increase Africa’s online GDP.
[Nigeria] Tizeti expands internet access with Cambium Networks Wireless Technology
14-10-2020 | 07:18:00
Cambium Networks, a global provider of wireless networking solutions, has announced it is supplying Tizeti Network Limited, Nigeria's public Wi-Fi operator, with an end-to-end wireless fabric solution.
Ericsson, UNICEF unveil mapping school internet connectivity plan for Nigeria, 34 others
12-10-2020 | 09:50:00
Ericsson and the United Nations Children’s Fund (UNICEF) have agreed to a global partnership that will provide internet connectivity mapping to educational institutions in Nigeria and 34 other countries.
[Nigeria] Firstbank announces the appointment of Mrs. Oluwande Muoyo as non-executive director
12-10-2020 | 08:49:00
First Bank of Nigeria has announced the appointment of Mrs. Oluwande Muoyo as a Non-Executive Director.
IFC and Union Bank partner to boost access to trade finance in Nigeria
12-10-2020 | 06:37:45
IFC, a member of the World Bank Group, has announced a finance guarantee facility to Union Bank to boost access to finance for local business, enable increased international trade for Nigeria and help protect the country’s economy.
[Nigeria] BUA Cement appoints Jacques PieKarski new Chief Financial Officer
09-10-2020 | 08:47:53
BUA Cement has appointed Jacques Piekarski, as the new Chief Financial Officer.
Mondia, Jumia launch new gaming service on JumiaPay App for customers in Africa
07-10-2020 | 12:22:00
Mondia, a technology company which specialises in marketing and distribution of digital content and Jumia, Africa’s largest e-commerce platform, launched Jumia Games, a competitively priced entertainment category on the JumiaPay App.
Nigeria attains 82.7m broadband subscriptions
07-10-2020 | 07:46:00
Subscriptions to broadband or high-speed Internet services in Nigeria have increased significantly to a peak of 82.7 million as at the end of August, 2020, according to the Nigerian Communications Commission.
[Nigeria] NCC counts gains of MTN listing on NSE
07-10-2020 | 07:31:00
The regulatory action taken by the Nigerian Communications Commission (NCC) to facilitate the listing of MTN Nigeria on the country’s stock exchange market has continued to bring economic gains to Nigeria.
[Nigeria] Shell collaborates with Oyoo State to enhance gas distribution network
07-10-2020 | 06:26:45
Shell Nigeria Gas (SNG) is to facilitate domestic gas infrastructure development in Oyo State following the signing of a Memorandum of Understanding with the state government.
Eos Energy Storage expands battery deployments in Nigeria
07-10-2020 | 06:17:00
Eos Energy Storage LLC, has announced an expansion of its partnership with Nayo Tropical Technology Ltd., a West African mini-grid engineering, procurement, and construction company.
NCC lifts suspension on Spectrum Trading Guidelines in Nigeria
06-10-2020 | 14:48:20
The Nigerian Communications Commission (NCC) has considered lifting the suspended Spectrum Trading Guidelines (STG), 2018, pending conclusion of the ongoing review of the Guidelines.
[Nigeria] NSE enhances fixed income securities market segment, revises trading fee
06-10-2020 | 14:28:00
In line with its ambition to support Nigeria’s economic growth by providing a liquid, efficient, and multi-asset securities exchange hub, NSE enhanced its Fixed Income Securities market segment as well as the associated benefits to trade execution.
Global Fund, Chevron partnership support fight against HIV, TB and Malaria across the world
06-10-2020 | 07:02:00
The Global Fund and Chevron Corporation have celebrated a 12-year partnership that served as an example of the private sector’s contribution to the fight against infectious diseases and to building resilient health systems.
[Nigeria] NNPC, SEEPCO sign gas development deal
02-10-2020 | 05:57:35
The Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO) have signed an agreement for the development and commercialization of gas.
Nigerian mobility startup MAX.ng partners with DLM Capital to transform transportation finance in Africa
01-10-2020 | 07:05:00
Metro Africa Xpress, a mobility platform in Nigeria and West Africa, announced the successful issuance of a ₦400m 1-year fixed-rate notes under its newly structured ₦10bn/$22m Private Company Bond program.
[Column] NJ Ayuk: Nigeria’s energy industry hasn’t realized its promise 60 years after independence
01-10-2020 | 06:08:30
On Oct. 1, 1960, everything seemed possible for Nigeria: After nearly 80 years of colonialism under Great Britain, it was finally an independent nation.
[Nigeria] Green Africa and FCMB ink financial deal to boost air travel
30-09-2020 | 07:55:29
Green Africa, Nigeria's Lagos-based value airline, has formed a strategic partnership with First City Monument Bank (FCMB), a financial institution in Nigeria.
CDC, Nigeria Sovereign Investment Authority partner to strengthen collaboration
29-09-2020 | 09:11:00
CDC Group, UK’s development finance institution and impact investor signed a memorandum of understanding with the Nigeria Sovereign Investment Authority to facilitate long-term inclusive growth.
GE, Niger Delta Power successfully restore up to 360MW in Nigeria
28-09-2020 | 12:39:00
General Electric (GE) announced the successful rehabilitation of three 9E.03 gas turbines, at three Niger Delta Power Holding Company’s (NDPHC) Power Plants in Calabar and Sapele, Nigeria.
Rack Centre announces $100m expansion to create West Africa’s largest data centre
25-09-2020 | 12:26:00
Rack Centre, carrier neutral data centre operator in West Africa, announced an expansion programme that will increase capacity to a total net lettable white space of 6000 square metres and allow for 13MW of IT power capacity in its Lagos campus.
Chenosis partners with Blusalt and Gwirio to power developers’ ecosystem in Africa
25-09-2020 | 12:03:00
Pan African cross-industry API marketplace Chenosis has announced the conclusion of its first set of strategic partnerships with Nigerian-based emerging digital platform provider Blusalt and Gwirio, a software services company founded in South Africa.
Access Bank commissions Oniru road project in partnership with Lagos State Government, Nigeria
25-09-2020 | 11:21:00
As part of efforts to ensure a hitch-free movement around the Victoria Island, Lekki Axis, Access Bank commissioned its Oniru road project with the Executive Governor of Lagos State, Babajide Sanwo-Olu.
[Nigeria] Airsmat raises $100,000 investment to deepen AI application in agriculture
25-09-2020 | 07:28:00
AirSmat, a Nigeria-based Pan-African Software company, has received a boost of $100,000 from Zetogon as pre-seeding investment to help the organization on the journey to deliver world-class service in Africa.
USTDA supports off-grid energy access in Nigeria
25-09-2020 | 06:43:28
The U.S. Trade and Development Agency (USTDA) awarded a grant to Darway Coast Nigeria for a feasibility study that will provide reliable electricity for more than 80,000 households and businesses in Nigeria using U.S. minigrid technology.
[Nigeria] NCC to review international termination rate for voice services
23-09-2020 | 13:11:03
The Nigerian Communications Commission (NCC) has embarked on a cost-based study to set the new pricing regime for mobile international termination rate (ITR) for inbound international voice calls in the country.
Unstable fiscal regime stifling Nigerian petroleum industry, NNPC
23-09-2020 | 12:53:00
The absence of a stable fiscal environment is inhibiting the growth of the Nigerian petroleum industry, especially the upstream sector.
South Africa, Kenya and Nigeria saw millions of cyber attacks in 2020, report
22-09-2020 | 14:14:00
Kaspersky security solutions has reported on 28 million malware attacks in 2020 and 102 million detections of potentially unwanted programs accounted for by the beginning of August 2020.
ARM launches API service for fintech startups in Nigeria
22-09-2020 | 07:26:00
Nigeria's financial services provider ARM launched ARM Sandbox, a new and more efficient way for fintechs to scale their integration and customer acquisition plans.
Pan-African cloud based digital service provider inq. expands into Nigeria
22-09-2020 | 07:14:22
inq. has officially launched in Nigeria, bringing to fruition the dream of building a pan African network across African cities to reimagine a better future through digital solutions.
USTDA expands support for internet connectivity in Nigeria
21-09-2020 | 12:59:00
The U.S. Trade and Development Agency continued its 20 years of support for Nigeria’s telecommunications sector by funding two projects that will help deliver fast and reliable internet to thousands of Nigerian households.
[Nigeria] Mastercard, NetPlusDotCom and Innovectives partner to enable MSMEs accept digital payments
19-09-2020 | 11:19:00
Mastercard, NetPlusDotCom and Innovectives have announced a milestone in their partnership to provide micro, small and medium-sized enterprises (MSMEs) in Nigeria with digital payment tools.
Facebook announces its new office in Lagos, Nigeria
19-09-2020 | 06:06:16
As part of its continued commitment and ongoing investment in Africa, Facebook has announced it will be opening an office in Lagos, Nigeria - its second office on the African continent.
NNPC backs activation of CNG refill stations to provide Nigerians with alternative energy source
18-09-2020 | 05:48:23
The Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy source to Nigerians.
Nokia to provide Tizeti with LTE tech for high-speed internet services in Nigeria
16-09-2020 | 07:13:00
Nokia has announced that it will supply Nigerian mobile operator, Tizeti with its Fastmile and Long Term Evolution (LTE) technology enabling them to provide superior internet services to over one million subscribers.
Lumos secures $35 million solar investment to power one million people in Nigeria
15-09-2020 | 15:18:36
Lumos, Africa's solar home system provider, has announced new financing from U.S. International Development Finance Corporation (DFC) to expand its existing market for reliable, accessible and clean solar power in Nigeria.
Nigerian e-commerce startup Kwik Delivery releases WooCommerce plugin, enabling 2-hour deliveries for online merchants
15-09-2020 | 09:49:00
Nigerian e-commerce startup Kwik Delivery released a WooCommerce plugin, enabling thousands of Nigerian online merchants to integrate seamlessly its delivery service to their WordPress online stores.
Hapag-Lloyd expands its footprint in West Africa, opens office in Nigeria
15-09-2020 | 09:09:00
German international shipping and container transportation company Hapag-Lloyd has expanded its footprint in West Africa by opening a new office in Lagos, Nigeria.
Afreximbank disburses $200 million to Zenith Bank Nigeria to cushion impact of COVID-19
15-09-2020 | 07:15:40
African Export-Import Bank (Afreximbank) has disbursed $200 million to Zenith Bank Plc Nigeria under its Pandemic Trade Impact Mitigation Facility (PATIMFA).
Illumina partners with 54gene to establish Genomics facility in Nigeria
11-09-2020 | 13:06:00
Innovative health organization Illumina, Inc. has collaborated with 54gene, a health technology company whose mission is to advance precision medicine capabilities in Africa through research, advanced molecular diagnostics and clinical programs.
Paxful boosts operations in Nigeria by expanding local footprint
11-09-2020 | 12:09:05
Global peer-to-peer bitcoin marketplace, Paxful, has plans to strengthen operations in Nigeria with a physical presence in Lagos which will be manned by employees dedicated to the Nigerian market.
[Nigeria] NNPC acquires $1 billion crude oil fund
11-09-2020 | 07:03:00
The Nigerian National Petroleum Corporation (NNPC) has acquired an estimated $1 billion worth of crude oil funding which will be used as a prepayment fund for the upstream operations of the Nigerian Petroleum Development Company (NPDC).
[Nigeria] FCMB reduces interest on all consumer loan products
10-09-2020 | 09:30:46
Nigeria's First City Monument Bank (FCMB) announced the reduction of interest rates on all consumer loan products, offering customers the opportunity to restructure tenure for repayment
United Airlines strengthens global network adding new nonstops to Africa, India and Hawaii
10-09-2020 | 07:32:00
United Airlines announced plans to expand its global route network with new nonstop service to Africa, India and Hawaii.
Shell Nigeria dismisses Angiama’s 45,000 barrel oil spill report
10-09-2020 | 06:39:00
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has dismissed a report that it spilled 45,000 barrels of oil from an incident at its facility in Nun River in Angiama area
[Nigeria] Silverbird TV enters into a licensing deal with Integral to broadcast to English Premier League matches
10-09-2020 | 06:14:00
Nigeria TV station, Silverbird Television has signed on to broadcast one live English Premier League match per week over the course of the 2020 – 2021 season.
Nigeria increases stake in Shelter Afrique, commits $29.3m in additional capital
08-09-2020 | 12:37:00
Pan African housing development financier Shelter Afrique has received $9.4 million from the Federal Republic of Nigeria, being the first tranche of the $29.3 million the country has committed in additional capital subscription.
Adeolu Adewumi-Zer appointed MD/CEO of Allianz Nigeria
07-09-2020 | 08:54:00
Adeolu Adewumi-Zer, currently the Regional Head of Mergers, Acquisitions and Transformation for Allianz Africa, has been nominated as the MD/CEO of Allianz Nigeria.
Zenith Bank GMD seeks expansion of non-oil exports in Nigeria post COVID-19
07-09-2020 | 07:52:00
The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu called for a concerted effort towards diversifying the country’s export base through the promotion of non-oil exports.
[Nigeria] Access Bank appoints Hassan M.T. Usman as Independent Non-Executive Director
07-09-2020 | 06:47:00
Access Bank announced the appointment of Mr. Hassan M.T Usman, FCA as an Independent Non-Executive Director of the Bank following the approval of the Central Bank of Nigeria.
BUA Group, Axens partner for upcoming refinery and petrochemical plant in Nigeria
04-09-2020 | 12:13:00
BUA Group signed an agreement with Axens of France for the supply of process technologies for its upcoming 10million tonnes per annum mega refinery and petrochemicals facility to be sited in Akwa-ibom, Nigeria.
Government pumps over N600b for food security and sustainability in Nigeria
04-09-2020 | 11:29:00
Nigerian Minister for Agriculture and Rural Development said the Federal Government will inject over N600 billion as stimulus-response into the agriculture sector, targetting small scale farmers, to ensure food security and sustainability.
[Nigeria] GTBank reports notable Profit before Tax of ₦109.7 billion
03-09-2020 | 10:48:00
Nigeria's Guaranty Trust Bank (GTBank) released its audited financial results for the half year ended June 30, 2020 to the Nigerian and London Stock Exchanges, reporting Profit before Tax of ₦109.7 billion.
[Nigeria] NSE appoints new Product Advisory Committees
03-09-2020 | 05:57:00
The Nigerian Stock Exchange (NSE) announced the appointment of its cycle two Product Advisory Committees (Committees) across different product lines - Equities, Fixed Income, Exchange Traded Funds (ETFs) and Derivatives.
Access Bank to help SMEs fast track Nigeria's economic recovery
03-09-2020 | 05:39:00
Access Bank's Group Managing Director, Herbert Wigwe, said the Bank is committed to helping Nigerian businesses weather COVID-19 pandemic and set a course for recovery.
United Bank for Africa provides $200 million for Nigeria’s petroleum industry
03-09-2020 | 05:13:31
The United Bank for Africa Plc (UBA) has acted as Facility Agent Bank for the Nigerian Commercial Banks in a consortium with other international banks in a $1.5 Billion Pre-Export Finance Facility for the Nigerian National Petroleum Corporation.
TIDAL announces streaming partnership with MTN Nigeria
02-09-2020 | 15:01:01
Global music and entertainment streaming platform, TIDAL, and leading ICT Company, MTN Nigeria have announced a partnership that enables MTN subscribers to receive free 30-day access to TIDAL.
Akselos deploys digital twin for Shell’s Bonga FPSO offshore Nigeria
02-09-2020 | 11:50:00
Akselos has announced the successful deployment of a structural Digital Twin for Shell’s Bonga Main FPSO, located 120km Southwest of the Niger Delta in Nigeria.
IFC supports Nigeria’s plastics packaging and recycling industries
02-09-2020 | 10:58:00
IFC announced a financing package to help Engee Manufacturing, a leading Nigeria manufacturer of PET resin to build a Continuous Polymerisation PET Resin plant in Ogun state.
Digital Horizon invests in Nigerian health startup Healthlane
02-09-2020 | 07:47:00
Digital Horizon venture fund has invested in Y Combinator alumnus Healthlane, the startup focusing on modern, online consultations for local and remote patients, alongside traditional face-to-face public health services across Africa.
[Nigeria] Rack Centre announces $100 million expansion to create West Africa’s largest data centre
02-09-2020 | 06:39:00
Rack Centre has announced an expansion programme that will increase capacity to a total net lettable white space of 6000 square metres and allow for 13MW of IT power capacity in its Lagos campus.
[Nigeria] Polaris Bank appoints Innocent Ike as Acting Managing Director & CEO
01-09-2020 | 08:06:00
The Board of Polaris Bank and Asset Management Corporation of Nigeria (AMCON), the Bank’s shareholder, has appointed Innocent C. Ike as the Acting Managing Director and CEO of Polaris Bank effective 1 September 2020.
IITA and EAGC partner to produce aflatoxin-free grains for health and trade
31-08-2020 | 12:15:41
The International Institute of Tropical Agriculture (IITA) and the Eastern Africa Grain Council (EAGC) have signed an agreement to work together to tackle aflatoxin contamination of grains in the region.
APM Terminals Apapa deploys scalable 4G wireless network in Nigeria
28-08-2020 | 10:58:00
APM Terminals Apapa is the latest terminal in the company’s rollout of public 4G LTE networks at its facilities in Nigeria.
Nigeria telcos record 9,077 service outages in second quarter of 2020, says NCC
28-08-2020 | 05:33:00
Major mobile network operators in the country recorded 9,077 cases of service outages on their networks in the second quarter of the year, resulting in unexpected disruptions to operators’ network quality of service.
Nigeria's Central Bank goes tough on exporters over forex non-repatriation
27-08-2020 | 08:05:00
The Central Bank of Nigeria has directed all banks in the country to submit the names, addresses and Bank Verification Numbers of exporters that have defaulted in repatriating their exports proceeds, for further action.
[Nigeria] NSE upgrades X-Whistle to strengthen investor protection
26-08-2020 | 09:26:00
The Nigerian Stock Exchange (NSE) has upgraded its X-Whistle, a web-based whistleblowing portal that empowers a whistleblower to report possible violations of the rules and regulations of The Exchange.
AfDB debars four Nigerian companies for fraudulent and collusive practices
25-08-2020 | 14:32:00
The African Development Bank (AfDB) announced a 24-month debarment of Sangtech International Services, Sangar & Associates (Nigeria), Mashad Integrated and Investment Co. and Medniza Global Merchants.
[Nigeria] NNPC pledges to boost gas delivery to domestic market
25-08-2020 | 07:31:23
The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to working with relevant partners and stakeholders in the Oil and Gas Sector to boost delivery of gas to the domestic market.
Nigeria Climate Innovation Centre incubates 12 renewable energy startups
20-08-2020 | 13:46:00
Twelve renewable energy start-ups have successfully completed a 16-week incubation program run by the NCIC and funded and supported by off-grid energy impact investment company All On.
Economic uncertainty, food instability in Nigeria propel Alight to engage with unexpected partners
20-08-2020 | 07:48:00
The economic impact of COVID-19 lockdowns throughout Nigeria, Africa's largest economy, has led to growing concerns around food instability.
Nigerian National Petroleum Corporation becomes EITI partner company
20-08-2020 | 06:20:00
The Nigerian National Petroleum Corporation (NNPC) has become an Extractive Industries Transparency Initiative (EITI) partner company, joining a group of over 65 extractives companies.
Inaugural Nigeria Oil, Gas and Power Conference set for 2021
20-08-2020 | 05:02:00
The first-ever Nigeria Oil, Gas & Power (NOGP) Conference & Exhibition is set for 26-27 October 2021 in Lagos and will focus on the path forward for Africa’s largest economy post COVID-19.
Voxox, Passage Telecom roll out cloud phone to empower small businesses in Nigeria
19-08-2020 | 13:56:00
Voxox, innovator in cloud communication solutions and operator for business communications systems for small businesses and Passage Telecom have partnered roll out cloud phone to empower small businesses in Nigeria.
Government begins feasibility study for Brass shipyard project in Nigeria
19-08-2020 | 10:49:00
The Federal Government of Nigeria commenced feasibility study for the construction of a shipyard in Brass Island, Bayelsa State, which would cater for the maintenance and repair services of cargo vessels, oil tankers, and LNG carriers.
RusselSmith, Kongsberg Ferrotech introduce autonomous robots for subsea repairs in Nigeria
19-08-2020 | 08:26:00
Nigerian integrated oilfield services provider, RusselSmith has teamed up with Kongsberg Ferrotech, a Norwegian subsea robotics company to introduce a range of autonomous subsea robotic technologies to the Nigerian market.
Africa records two million phishing attacks in second quarter of 2020, Kaspersky report
18-08-2020 | 09:54:25
Kaspersky analysis has revealed that phishing attacks are becoming increasingly more targeted. A number of new tricks have also been found - from HR dismissal emails to attacks disguised as delivery notifications.
Mobile phones to help 1.7 million farmers increase production during COVID-19 economic slowdown
18-08-2020 | 08:59:01
Some 1.7 million small-scale farmers in Kenya, Nigeria and Pakistan will soon receive personalized agricultural advice through their mobile phones as a means to improve their incomes.
[Nigeria] Custodian signs agreement with UAC to purchase 51% of UPDC
18-08-2020 | 07:26:00
The Board of Directors of UAC Nigeria announced a binding agreement has been signed with Custodian Investment to purchase a 51 percent equity interest in UACN Property Development Company (UPDC) from UAC.
[Nigeria] Heirs Holdings appoints Dan Okeke as Group Executive Director
18-08-2020 | 07:02:00
Pan-African investment company Heirs Holdings announced the appointment of Dan Okeke as Group Executive Director, following a distinguished three decade career at the United Bank for Africa where he served as an Executive Director.
IITA partners with Nigeria government to launch cassava processing plant targeting youth
18-08-2020 | 06:47:00
The Federal Government of Nigeria, through the Ministry of Environment in partnership with IITA, commissioned a cassava processing factory in Korokoro Community.
Government flags off distribution of agricultural inputs in Cross Rivers, Nigeria
17-08-2020 | 09:35:00
The Minister for Agriculture and Rural Development flagged off the distribution of the Ministry’s palliative incentive to Nigerian farmers in Cross River State to increase the resilience of farmers and the national food systems in general.
Rainoil deepens gas penetration in Nigeria
13-08-2020 | 09:19:53
Rainoil has launched its Liquified Petroleum Gas (LPG) facility and business at its multi-product facility in Ijegun, Lagos, Nigeria.
Nigeria becomes a full member of the African Trade Insurance Agency
12-08-2020 | 11:28:00
Nigeria has become a full member of the African Trade Insurance Agency (ATI), joining ahead of others that are fast-tracking membership given the trade and investment insurance challenges during the COVID-19 pandemic.
[Nigeria] AXA Mansard sells 100% equity in pension subsidiary to Eustacia
12-08-2020 | 09:28:03
AXA Mansard Insurance has announced the divestment from its subsidiary, AXA Mansard Pensions Limited, according to a notice of sale of pensions subsidiary forwarded to the Nigerian Stock Exchange.
[Nigeria] Green Africa appoints Kiran Koteshwar as Group Chief Financial Officer
12-08-2020 | 08:34:00
Green Africa, Nigeria's Lagos-based value airline, has announced Kiran Koteshwar as the new Group Chief Financial Officer effective from September 2020.
ECOWAS hands over sheep kits and cattle feed to households in Kebbi State, Nigeria
12-08-2020 | 08:00:00
As part of its drive to empower the region’s vulnerable groups and directly impact the livelihood of the rural poor in the region, ECOWAS handed over Sheep Kits and Cattle Feed to households in Kebbi State of Nigeria.
NCC, USPF, others advance government's digital economy agenda in Nigeria
12-08-2020 | 07:18:00
The Nigerian Communications Commission (NCC), the Universal Service Provision Fund (USPF) and three other agencies have continued to implement people-oriented projects to advance the digital economy agenda.
[Nigeria] NNPC signs pact with partners to resolve OML 130 dispute
11-08-2020 | 14:04:00
The NNPC has reached an accord with its partners, China National Offshore Oil Company and South Atlantic Petroleum to settle all outstanding issues surrounding the development of Oil Mining Lease, (OML) 130.
[Nigeria] Agusto & Co. upgrades FCMB's Legacy Money Market Fund rating to A(f)
10-08-2020 | 12:21:00
Legacy Money Market Fund, a mutual fund managed by FCMB Asset Management (FCMBAM), has received a rating upgrade from A-(f) to A(f) by Agusto & Co, a foremost pan-African rating agency.
[Nigeria] NCC revises determination on USSD pricing, initiates fresh engagement with stakeholders
07-08-2020 | 09:50:00
The Nigerian Communications Commission (NCC) in furtherance of its mandate to protect the interests of consumers and support a robust telecommunications sector, has revised its Determination on USSD pricing.
[Nigeria] NCC says banks owe telcos over N17bn for USSD transactions
07-08-2020 | 08:07:29
The Nigerian Communications Commission (NCC) said that commercial banks in the country are owing telecommunications companies over N17 billion following the regulator’s suspension of its Determination on USSD pricing last year.
Protecting trade in Nigeria, how DFIs are responding to COVID-19
06-08-2020 | 09:49:00
With the COVID-19 pandemic continuing to devastate economies around the world, Africa is set to experience its first recession since the 1990s, threatening to undo two decades of growth and development.