Business

Big 5 Construct Nigeria returns to Lagos connecting 140+ exhibitors with 8,000 construction professionals     Nigeria boasts Africa’s largest economy, surpassing $450 billion in GDP. Its thriving construction sector drives GDP growth, fueled by improved economic conditions, higher oil revenues, and significant government investment in infrastructure projects. Big 5 Construct Nigeria, which returns to Lagos […]

NCC warns against sale, use of non-type approved devices The Nigerian Communications Commission (NCC), has warned traders and other stakeholders about the negative consequences of selling and purchasing phones and telecommunications gadgets that are not type approved by the Commission. The certification of telecom devices used in the telecom sector is one of the mandates of

NCC, BPSR to Embark on Digitization of Govt Processes For a start, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta and the Director-General, Bureau of Public Service Reforms (BPSR), Dr. Dasuki Arabi have penned a Memorandum of Understanding (MoU) to jointly work towards accelerating the digitisation reform process in government. Speaking

Danbatta Advises Businesses to Adjust with Disruptive Technologies Executive Vice Chairman of the Nigerian Communications Commission, NCC, Prof Umar Garba Danbatta, has advised businesses to adjust to the potentials of disruptive technologies which have been adopted across the globe for enhanced productivity and sustainability. He told industry leaders and Information and Communication Technology (ICT) innovators, who

By Godswill Odiong The Lagos Chamber of Commerce and Industry (LCCI) in partnership with the Ministry of Foreign Affairs will be hosting the 2023 LCCI International Business Conference & Expo tagged “Invest Nigeria”. The event, which is scheduled to hold on August 29 and 30, 2023 at the Eko Hotel and Suite, Victoria Island, Lagos

Access Bank opens Womenpreneur Pitch-a-ton season 5   Access Bank Plc has unveiled the ‘W’ initiative, Womenprenuer Pitch-a-ton Season 5. The initiative is targeted at inspiring, connecting and empowering women while riding on the Access Bank’s vision to be the bank of choice for women in the markets and communities being served. Addressing journalists at the event, Abiodun Olubitan, Group

ECONOMY: Sterling Bank promotes SMEs    Sterling Bank has expressed commitment to supporting Small and Medium Scale Enterprises, SMEs in order to enable young people to grow their businesses. Speaking at an event, ‘Start to Scale Summit’ organised by the Bank, Bolanle Tyson, Head, SME Digital Products, Sterling Bank said: “The Bank realised that more

FG moves against trade associations over price fixing, others The Federal Competition and Consumer Protection Commission, FCCPC, has started moving against trade associations engaging in price fixing and cartel-like practices in Nigeria. The Executive Vice Chairman/CEO, FCCPC, Mr. Babatunde Irukera, stated: “The trade associations, in many respects, have constituted themselves into cartels, and those cartels are

NIGERIA: IMF retains economic growth forecast at 3.2% The International Monetary Fund, IMF has retained Nigeria’s economic growth forecast at 3.2 per cent in 2023. In its World Economic Outlook, WEO Update, July, titled “Near-Term Resilience, Persistent Challenges”, the IMF, stated: “Global growth is projected to fall from 3.5 percent in 2022 to 3.0 percent in