No fewer than 14 foreign airlines have withdrawn their services from the country due to low patronage on account of the economic recession and foreign exchange crisis. No fewer than 14 foreign airlines have withdrawn

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Nigeria’s ICT sector has received another boost with the Nigerian Communications Commission, NCC, and the National Information Technology Development Agency, NITDA, agreeing a joint committee to design a framework for collaboration to optimize development efforts

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NCC enforces 2442 DO NOT DISTURB Short Code Following a Direction to the telecommunications service providers in the country , the operators, will from July 1, 2016, activate the DO NOT DISTURB facility which gives

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Nigeria is turning abroad for over N300 billion to bridge the funding deficit in the 2016 budget. According to the debt management office (DMO), the country is seeking two lead managers and a financial adviser

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What is MPR? This is the rate at which banks borrow from the Central Bank. It was Raised from 12%. Implications: 1. Cost of borrowing will go up. 2. Companies that already are not doing

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The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday announced a tightening of monetary policy stance by increasing the monetary policy rate by 200 basis points from 12 per cent to 14

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One of the most important companies of the first dot-com boom, Yahoo, has reached the end of its life as an independent company. Yahoo’s board approved the sale of Yahoo’s core business to Verizon in a deal

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NatCom Development & Investment Limited “NatCom”, trading as ntel,  has announced a key addition to its board and the emergence of elder statesman, accomplished businessman and respected philanthropist, General TY Danjuma as Chairman. The announcement

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Dangote, who owns the second largest sugar-refinery in the world, was the 51st richest man in the world as at March 2016, but has now dropped to 101 as at the start of business on

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The Nigerian government has cancelled its plan to build a massive film village in Kano, following social media outcry and opposition from Muslim clerics. More than three billion naira was budgeted for the project as

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