Business

ECONOMY: CBN plans new measures to stabilise naira By Eyo Nsima The Central Bank of Nigeria, CBN, has adopted new measures, targeted at stabilising the naira against the US dollar. The Acting governor of the CBN, Folasodun Sonubi, who disclosed this after a meeting with President Bola Tinubu in Abuja, said: “Mr. president is very

Digital Cooperation Organization inaugurates Digital Prosperity Awards The Digital Cooperation Organization (DCO) has announced the launch of the highly anticipated Digital Prosperity Awards to honor and celebrate the remarkable digital contributions that enable prosperity for all, particularly in advancing the digital economy, which has a critical role in boosting nations’ development and growth. The Digital

GLOBAL ECONOMY: United States, Brazil, Russia experience economic growth in H1’23 By Eyo Nsima The United States, Brazil and Russia experienced economic growth that surpassed initial expectations in the first half of 2023, according to the Organisation of Petroleum Exporting Countries, OPEC. In its August 2023 Monthly Oil Market Report, MOMR, the organization, stated: “The

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