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West Africa’s largest full-scale data centre provider, Lagos-based MDXI has attained the Gold Data Centre certification from Microsoft. The status strengthens its position as one of...
The domestic equities market gained 37bps in today’s trading session to settle at 32,962.82 points due to bargain hunting in ZENITH (+4.8%), UNILEVER (+8.2%) and SEPLAT...
Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has urged players in the maritime sector especially enforcement officers to comply...
Nigeria has been ranked as 115th out of 140 countries assessed in the 2018 Global Competitiveness Report (GCR) of the World Economic Forum. The report, which...
The World Economic Forum has raised serious objections to the Saudi Arabia use of the term Davos in the desert. The Forum in a statement released...
Disaster-prone developing nations, including Bangladesh and Indonesia, are exposed to crippling losses when storms, floods or earthquakes strike because they suffer from a dangerous lack of...
Chief Executive Officer, AfriPERA, an Energy and Infrastructure Policy research organisation, Mr Chinedu Onyeizu, said that Nigeria is losing about $2.5 billion annually from gas flaring in...
The Pension Fund Administrators (PFAs) in the country have invested N1.49 trillion in Treasury Bills. The monthly report released by the National Pension Commission (PenCom) on...
The African Development Bank (AfDB) has approved a $50 million line of credit to Nigeria’s Fidelity Bank Plc to support small and medium sized. The money...
The Pension Transitional Arrangement Directorate (PTAD) has included 9,125 ex-workers of Nigerian Telecommunications Limited (NITEL), and its mobile subsidiary, MTEL, to its monthly pension payroll. A...
In another round of intervention, the Central Bank of Nigeria (CBN), on Friday, October 19, 2018 injected over $337 million in the inter- Bank forex market....
The National Pension Commission (PenCom) has approved 3, 280 applications for payment of retirement benefit under life annuity plan. The commission, in its 2018 first quarter...
Samsung Electronic has said that it is targeting an annual 10 per cent increase in revenue from Africa over the next decade, even as competition from...
Wema Bank Plc, has announced a 70 per cent growth in Profit Before Tax (PBT), from N1.80billion in Q3’2017 to N3.07billion in Q3’2018. Profit after Tax...
United Bank for Africa Plc UBA’s unaudited 2018 Third Quarter Financial Results shows ga Gross Earnings of N374.8 billion. This represents a 12.3 per cent increase...