May 30, 2026
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Telecoms Sector amongst biggest contributors to Nigeria’s socio-economic growth --- Prof Danbatta

NCC Sets New Mobile International Termination Rate for Voice Services

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NCC Sets New Mobile International Termination Rate for Voice Services The Nigerian Communications Commission (NCC) has determined the new International Termination Rate (ITR) for voice services paid by overseas telecom carriers for terminating international calls on local networks in Nigeria at $0.045. The new rate is contained in the ‘Determination of Mobile International Termination Rate’ […]

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AfDB

The African Development Bank appoints Ms Yacine Fal as Acting Vice President, Regional Development, Integration and Business Delivery

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The African Development Bank Group (www.AfDB.com) is pleased to announce the appointment of Ms. Yacine FAL, currently Director General, Cabinet Office of the President, as the Acting Vice President, Regional Development, Integration and Business Delivery of the African Development Bank Group. Her appointment is effective from 17 December, 2021. In her current position as Director

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Canon celebrates 10 years of Cinema EOS

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Canon broke new ground with the launch of the Cinema EOS System bringing to market its first Full HD digital cinema camera and dedicated camera lenses Access Multimedia Content Canon celebrates the 10th anniversary of its renowned Cinema EOS line-up, praised by filmmakers including Jimmy Chin, Director and Producer of the Academy Award winning documentary

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SEC targets 25% of market capitalization from Islamic Capital Market by 2025

Leave a Comment / Business, The Nation /

The Securities and Exchange Commission (SEC) has started working with stakeholders to develop non-interest segment of the capital market, which is expected to contribute at least 25 per cent of the overall market capitalization by 2025. The Director General of the SEC, Mr. Lamido Yuguda stated this at the 2021 African International Conference on Islamic

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JUST IN: CBN tackles illegal foreign exchange operators, retains MPR at 11.5 %

CBN issues guidelines for 100 for 100 PPP

Leave a Comment / Business, The Nation /

By Eyo Nsima The Central Bank of Nigeria, CBN, has issued guidelines for the execution of 100 for 100 policy on production and productivity, PPP. In the guidelines obtained by The Daily, www.thedaily-ng.com, Philip Yila Yusuf Director, Development Finance Department, CBN, stated: “In an effort to stimulate the flow of credit to the real sector

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First Bank cautions customers against fraudsters

FirstBank opens automated self-service branch

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By Eyo Nsima First Bank of Nigeria Limited has opened a fully automated branch, called the FirstBank Digital Experience Centre. In a statement obtained by The Daily, https://thedaily-ng.com, the bank stated that the branch was provided to put customers at an advantage in carrying out various activities on their own without interacting with anyone. It

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JUST IN: CBN tackles illegal foreign exchange operators, retains MPR at 11.5 %

BREAKING: CBN introduces guidelines to regulate Anchor Borrowers’ Programme

Leave a Comment / Business, The Nation /

By Eyo Nsima The central Bank of Nigeria, CBN, has emerged with revised new guidelines to regulate the operation of Anchor Borrowers’ Programmes’, ABP, in Nigeria. In a document – Anchor Borrowers’ Programme (ABP) Guidelines – obtained by The Daily, www.thedaily-ng.com, CBN, stated: “The Central Bank of Nigeria (CBN), in line with its developmental functions

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PMI reaches 3-month high in October —Stanbic IBTC

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By Eyo Nsima The October 2021 economic data have indicated improvements in business conditions in Nigeria’s private sector with output, new orders and buying activity hitting the roofs. In its latest report, the Stanbic IBTC Bank Plc, stated that the headline Purchasing Managers’ Index, PMI, improved to 54.1 in October from 52.3 in September, indicating

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Investment announcements rise by 130% to $8.99bn in Q3 ’21

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By Eyo Nsima The Nigerian Investment Promotion Commission (NIPC) has tracked $8.99 billion investment announcements in the third quarter of 2021, with Lagos State, accounting for $7.29 billion or 81 percent of the total announcements during the period. According to NIPC, the investment announcements in Q3’21 was 130 percent higher than the $3.95 billion recorded

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European Investment Bank leverages EUR 95 million to finance Rwandan businesses, Partners Government of Rwanda to Finance National Health Referral Laboratory Project

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Bank of Kigali and KCB Bank Rwanda to provide new credit lines for Rwandan companies as part of EIB’s (www.EIB.org) financing; First regional financing under EIB East Africa COVID-19 Rapid Response Facility; Minimum of 30% of financing to target female economic empowerment; Government of Rwanda and EIB conclude the last milestone for the financing of

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