Business

Dangote Refinery Will Boost Growth of Downstream Sector in 2022, CPPE, Others Affirm

CBN CONFLICTING DIRECTIVES ON RETURN OF OLD CURRENCY NOTES

The Centre for the Promotion of Private Enterprise [CPPE] is concerned about the conflicting directives emanating from the CBN on where to deposit the old currency notes – whether the commercial banks, or Central bank.  This confusion is inflicting additional pains on already traumatized millions of innocent Nigerians seeking to return the old notes. Amid […]

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Nairaxi Emerges Winner in NCC’s Young Innovators Competition

Nairaxi Emerges Winner in NCC’s Young Innovators Competition By Eyo Nsima A mobile ridesharing mobile app that enables users to request taxi and bus rides tagged, Nairaxi has emerged overall winner at the young innovators’ competition organized by the Nigerian Communications Commission, which was held at the Digital Bridge Institute, Oshodi, Lagos recently. The company,

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Group congratulates NCC boss on Regulator of the Year Award

Group congratulates NCC boss on Regulator of the Year Award

Group congratulates NCC boss on Regulator of the Year Award A group, Kano North Renaissance (KNR), has congratulated the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, over his recent emergence as the regulator of the year at the prestigious Vanguard Newspapers Award. The award was presented to the professor

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CBN Selects Technical Partner for Digital Currency Project 

Cellulant’s Payment Service Solution Provider Licence Gets Renewed by Central Bank of Nigeria

The Central Bank of Nigeria (CBN) has renewed Cellulant’s Payment Service Solution Provider License in Nigeria. This license enables Cellulant to continue providing online and offline payment solutions, including collections, check-out, biller aggregation, and payout services securely to thousands of businesses across Nigeria. Cellulant’s digital payments platform, Tingg (www.Tingg.Africa)- enables businesses to seamlessly accept and

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Dakar Financing Summit: $65bn in Investments, Concrete Commitments for Sustainable Infrastructure in Africa

From February 2nd to 3rd, 2023, the second Dakar Financing Summit for Africa’s Infrastructure (DFS-2) was held in CICAD: mobilization of States and the private sector and materialization of financing opportunities for 22 projects in the transport, ICT, energy and water sectors. Africa is taking a positive turn to revive its regional and intra-African economies

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First Bank cautions customers against fraudsters

Naira shortage: We are open for you — First Bank of Nigeria

By Eyo Nsima As Nigerians continue to pass through very difficult times characterised by shortage of Naira and petrol, the First Bank of Nigeria, FBN, has expressed commitment to assisting customers to meet their financial needs. In a message to its customers, the bank, stated: “We know these are challenging times and our commitment to

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In 2021 economic outlook report, we posit that the annual real GDP growth rate would range between -2% and 1%

CPPE lauds Supreme Court for restraining order on cash swap deadline

By Eyo Nsima The Centre for the Promotion of Private Enterprise [CPPE] welcomes the restraining order of the supreme court on the timeline for the currency swap. We believe this would restore normalcy to economic activities especially in the distributive trade sector, the informal sector and rural economy. It would also douse current social tension

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New Co-Working Space, The Adrenalina, to Facilitate Collaboration, Training for African Entrepreneurs

The Adrenalina, a new co-working space in Lagos, is set to take-off with focus on facilitating innovation, collaboration and training for entrepreneurs, creatives and freelancers.   The Adrenalina provides working spaces and collaborative opportunities for entrepreneurs, creatives, and freelancers on a subscription basis, amongst other services. According to Tejumade Salami, Head of Business Success Excellence,

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Vertiv Introduces New Prefabricated Modular Data Centre Solution to Allow Large Capacity Expansion for Customers in EMEA

Vertiv, a global provider of critical digital infrastructure and continuity solutions, today introduced the Vertiv™ MegaMod™ and Vertiv™ MegaMod™ Plus, a turnkey prefabricated modular (PFM) data centre solution, deployable in expandable units of 0.5 or 1 megawatts for IT loads up to 2 megawatts or more. The high-quality prefabricated modules are integrated and tested with

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