Business

MTN Nigeria committed to transparency, consumer education  — CEO

MTN Nigeria committed to transparency, consumer education  — CEO

By Peter Egwuatu MTN Nigeria, MTNN Plc, has expressed its commitment to transparency and consumer education in its drive to strengthen trust, and promote greater digital literacy as data continues to play a central role in everyday life. Dr Karl Toriola, Chief Executive Officer, MTNN, stated this at its public engagement platform code-named  Data on Trial  […]
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Nigerian LNG exports gas

Nigerian LNG exports gas

A blockade on exports of liquefied natural gas (LNG) from Nigeria has been lifted following a partial resolution of a tax dispute between the gas firm and the maritime agency, the company said Friday.

Airtel, FirstBank launch FirstMonie Payment Solution

Airtel, FirstBank launch FirstMonie Payment Solution

– Leading Telecommunications Service Provider, Airtel Nigeria has gone into a partnership with First Bank Nigeria Plc to offer Firstmonie Talkmore; the all-new, revolutionary mobile payment solution, to the public.

CBN says cashless policy reduces crime

CBN says cashless policy reduces crime

The Central Bank of Nigeria (CBN) on Friday said that the cashless policy was aimed at reducing crime and boosting the economy of the nation.

ExxonMobil, FRSC partner on road safety campaign

ExxonMobil, FRSC partner on road safety campaign

The Federal Road Safety Corps (FRSC) in Umuahia, Abia State in collaboration with ExxonMobil has commenced a month long safety awareness campaign for drivers and commuters in the state.

GSK reinstates commitment to shareholders

GSK reinstates commitment to shareholders

Following consultations with its shareholders and relevant regulatory bodies, GlaxoSmithKline Plc and GlaxoSmithKline Consumer Nigeria PLC recently announced that they have agreed that the scheme of arrangement proposed to GSK Nigeria’s shareholders under which it was proposed that GSK would increase its indirect ownership in GSK Nigeria to 75%, has been withdrawn. Subsequently, GSK Nigeria suspended the proposed scheme of arrangement, at the meeting of its shareholders held on Tuesday July 23, 2013 at the Muson centre, Onikan Lagos.

Stakeholders call for harmonisation of trade policies

Stakeholders call for harmonisation of trade policies

Industry stakeholders have called for synchronisation of monetary, fiscal and trade policies that will make the manufacturing sector to really operate at its full capacity and contribute positively to the economic development of the country.

NSIA, IFC sign MoU on Nigeria’s infrastructure financing

NSIA, IFC sign MoU on Nigeria’s infrastructure financing

The Nigerian Sovereign Investment Authority, NSIA, yesterday, signed a Memorandum of Understanding with the International Finance Corporation, IFC, a member of the World Bank Group, to develop, finance, and implement infrastructure projects.

CBN cautions banks over appointment of chief compliance officers

CBN cautions banks over appointment of chief compliance officers

The Central Bank of Nigeria (CBN) has cautioned banks over appointment of chief compliance officers. In a circular titled, “Statues of Chief Compliance Officers of Banks”, the apex bank frowned at the practice where banks refuse to appoint substantive chief compliance officers.

Nigeria has lowest tractorization in the world – Adekunle

Nigeria has lowest tractorization in the world – Adekunle

Dr. Ahmed Adekunle, is currently the Special Assistant to the Minister of Agriculture, Dr. Adesina Akinwumi, on mechanization. He also doubles as the Mechanization team leader of the Agriculture Transformation Agenda team as well as the chairman Advisory Ministerial Committee.