Business

CBN data localisation directive will boost investment in digital infrastructure — GFA Co-Founder

CBN data localisation directive will boost investment in digital infrastructure — GFA Co-Founder

By Babajide Komolafe The Central Bank of Nigeria, CBN, data localisation directive will create measurable, long-term demand for local data centres, cloud services and other sovereign digital infrastructure, GFA Technologies Group has said. Co-founder of GFA Technologies Group, Adebola Omololu, stated this while assessing the investment opportunities arising from the directive, describing it as a catalyst […]
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Crude markets rejoice as oil prices sprint

Crude markets rejoice as oil prices sprint

World oil prices soared on Friday with traders lauding a $150-billion growth pact pushed through by the European Union after Italy and Spain lifted their opposition to it, analysts said.

AMCON assures on health of Nigerian banks

AMCON assures on health of Nigerian banks

Managing Director of Asset Management Corporation of Nigeria (AMCON), Mr. Mustafa Chike-Obi, has allayed fears in the financial system over impending bank’s crisis in the nation, saying that there will be no such occurrence in the foreseeable future.

ARSO, SON move to boost intra-African trade

ARSO, SON move to boost intra-African trade

AFRICAN Regional Organisation for Standardisation (ARSO) and Standards Organisation of Nigeria (SON) are on the move to boost trade among African countries through harmonisation of standards.

SEC begins registration of new market operators

SEC begins registration of new market operators

The new management of the Securities and Exchange Commission (SEC) has commenced new registration meetings in its Lagos Zonal Office, with a view to addressing the accumulation of applications from market operators who had sought to register for various functions in the market in the past eighteen months.