Business

‘Withdraw regulations on customers’ social media handles or face legal action’, SERAP tells CBN   Socio-Economic Rights and Accountability Project (SERAP) has urged Mr Folashodun Shonubi, Acting Governor, Central Bank of Nigeria (CBN) to “immediately delete the patently unlawful provisions in the Central Bank of Nigeria (Customer Due Diligence) Regulations directing banks to obtain information […]

NCC invites applicants to express interest in execution of new projects, programmes By Eyo Nsima The Nigerian Communications Commission, NCC, the Regulatory Agency for the telecommunications industry in Nigeria, has invited applicants to express interest in the execution of a wide range of new projects and programmes. For details, kindly use the link below: https://www.ncc.gov.ng/media-centre/public-notices/1354-expression-of-interest-for-the-execution-of-projects-under-the-nigerian-communications-commission-ncc-2023-budget-2

Sahara Group, Covenant University collaborate on human capital transformation   Leading energy and infrastructure conglomerate, Sahara Group, has announced a strategic partnership with Covenant University aimed at accessing and transforming exceptional talent from the institution to outstanding global business leaders. The partnership is a significant step towards enhancing Sahara’s commitment to supporting young Africans to

Ecologistics partners Zoetic Global, Tesla Carbon Bank to facilitate growth of African Carbon Market At the FESTAC Africa 2023, Ecologistics Integrated Services announced the company has signed a Memo of Understanding with Zoetic Global and Tesla Carbon Bank, a voluntary carbon credit program, to facilitate the growth of Africa’s carbon market. FESTAC AFRICA is a

Naira value drops  to N664.04/$ at official market as CBN liberalizes market By Eyo Nsima The Naira lost almost half of its value in the official market as the exchange rate in the Investors and Exporters, I&E window rose to   N664.04 per dollar from N471.67 per dollar on Tuesday, following the adoption of new

The Central Bank of Nigeria (CBN) has announced the unification of all segments of the forex market collapsing all windows into one. This was part of a series of immediate changes to operations in the Nigerian Foreign Exchange (FX) Market, in a bid to improve liquidity and stability. In a statement signed by the Director

CPPE LAUDS THE UNIFICATION OF EXCHANGE RATE The Centre for the Promotion of Private Enterprise [CPPE] welcomes the bold step taken by the Tinubu administration towards the unification of the naira exchange rate. The liberalization of the foreign exchange market would unlock the huge potentials for investment, jobs and capital flows.  Investors’ confidence would be

Nigeria’s Telecom Access Gaps Drop by 53% The number of identified areas of clusters across Nigeria without access to the telecommunications services has been reduced by 53.1 per cent as at the end of 2022. The Executive Vice Chairman and Chief Executive Officer of the Commission, Prof. Umar Garba Danbatta, disclosed this at a recent

PREMIUM TIMES Books Unveils New Title on Cyber Politics, Nigerian Elections Premium Times Books, the book publishing arm of the Premium Times Group, has released a new book, Cyber Politics: Social Media, Social Demography and Voting Behaviour in Nigeria. The book, written by Omoniyi P. Ibietan, is officially making its way to physical and online bookshop