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BUSINESS
Central bank defends position on agriculture financing, MSMEs
The Central Bank of Nigeria (CBN), says it is directly involved in financing agriculture, infrastructure and Micro Small and Medium Enterprises (MSMEs) to ensure real growth in the economy. Mr Isaac…
Central bank stimulates agents, mobile money operators
In a bid to enhance access to financial services in the country, the Central Bank of Nigeria (CBN) has said it will incentivise mobile money operators (MMOs) and Super Agents with financial support of…
NSE All-Share Index falls by 1.53%
The Nigerian Stock Exchange (NSE) All-Share Index hit a 52-week low yesterday, falling by 1.53 per cent to close at 29,162.24, while market capitalisation shed N170 billion to close at N10.953…
U.K. Joins global backlash against Social Media illegal activities.
Recently, there has been a growing global backlash against illegal activities and the United Kingdom has now joined in by proposing technology companies such as Facebook Inc. and Twitter Inc are fined…
Economic growth, the only means for Nigeria to defuse poverty time bomb –Bloomberg
Bloomberg says only economic growth can defuse poverty time bomb in Nigeria.
After hitting 30%, NCC ready for next level broadband penetration–Danbatta
After driving the broadband penetration process from the initial 8.5% to 33%, the Nigerian Communications Commission (NCC) is ready to increase the output to attain the remaining 70% in the process in…
SON to establish13 labs to boost agro-allied products’ global image
In order to aid diversification of the nation’s economy away from oil, the Standard Organisation of Nigeria (SON) is making frantic effort to establish 13 laboratories to boost the agro-allied…
David Malpass Becomes World Bank’s President
The Executive Directors of the World Bank at the weekend unanimously selected David R. Malpass as President of the Group for a five-year term beginning tomorrow.
LASG enforces gaming platforms automation
Lagos State government has announced that enforcement of operations for the automation of gaming platforms in Lagos State commenced Friday, April 5, 2019. The General Manager, Lagos State Lotteries…
Foreign electoral ads in Nigeria, Ukraine will be restricted- Facebook
Facebook says it will block election advertising from outside Australia ahead of polls next month, in the wake of growing criticism of the social media giant’s role in the spread of disinformation.…