LAGOS – The Asset Management Corporation of Nigeria (AMCON) has said it’s attention has been drawn to what it called “some inaccurate stories that are sponsored and published in the media meant to mislead the […]
LAGOS – ATC Nigeria has confirmed that Smile Communications Nigeria is not indebted to it. To affirm Smile’s non-indebtedness, ATC has also withdrawn it’s earlier disconnection notice. Apparently, reacting to the Pre Disconnection Notice published […]
Abuja(SundiataPost) –President Muhammadu Buhari has declined assent to two bills in the transport sector which includes the National Transport Commission Bill 2018 and the Federal Roads Authority (Establishment) Bill 2018. The president’s decision came in a […]
LAGOS – In order to reduce the attendant financial burden that the congestion at the Apapa and Tin Can Island Ports has brought on importers, the Nigerian Ports Authority has announced the following measures which […]
Access Bank has finally acquired Diamond Bank, TheCable can report. According to insiders, the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria (CBN). […]
Abuja(SundiataPost) -The Seed Entrepreneurs Association of Nigeria (SEEDAN) has called on the Federal Government to clear the outstanding N10.4 billion owed its members that participated in the 2014/2015 Growth Enhancement Support (GES) Scheme. Mr Richard […]
Abuja(SundiataPost) -A successful entrepreneurial journey is a lonely, tedious, but interesting path, if done the right way or guided by a business coach or expert who can share a wealth of experience from either the ugly, bad, […]
(Reuters) – Carlos Ghosn, the ousted chairman of Nissan Motor, has filed a complaint against a court decision to extend his detention following his re-arrest on fresh allegations of financial misconduct, the Tokyo District Court […]
Mumbai – Indian software services firm, HCL Technologies, agreed to buy some software assets from International Business Machines Corp for $1.80 billion to help it compete better with bigger rivals such as TCS and Infosys […]
LAGOS – Telcoin, a technology platform provider based in Tokyo Japan, offering telecoms focused blockchain solutions, enters into a partnership with Jumia, a leading online e-commerce marketplace brand with presence in 15 African countries, including […]
Copenhagen, – Alphabet Inc’s Google will invest 4.5 billion Danish crowns (690 mln dollars) in building a new data centre in Fredericia, Denmark, its Danish unit announced on Tuesday. Besides its plot in Fredericia, last […]
By Babatunde Oso Petra Micro Finance Bank Plc plans to graduate into a national financial institution for Nigerian Catholics in future, the chairman, Victor Dike, has said. Dike, who said this at the 9th Annual […]
Apple Inc (AAPL.O) on Tuesday is expected to unveil updates to its Mac computers and iPads that include facial recognition features that have been available in the iPhone lineup at an event in Brooklyn. Analysts […]
Johannesburg – MTN Group said on Friday its Ghana unit’s third quarter revenue grew around 23 per cent boosted by its mobile money service MoMo. MTN Ghana said revenue for the nine […]
By Nse Anthony-Uko ABUJA, (Sundiata Post) — The Accountant-General of the Federation(AGF), Mr Ahmed Idris has restated his commitment to pay salaries of all workers on the Federal Government payroll in spite of the on-going […]
By Nse Anthony-Uko (Sundiata Post) — FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc has called on audit executives of banks to take advantage of information technology (IT) advancement […]
By Nse Anthony-Uko ABUJA, (Sundiata Post) — The Central Bank of Nigeria has kept its key interest rate at 14 per cent, in line with market expectations as the country fights off future recession threats. […]
The Bayelsa State Government has announced the receipt of N24.16 billion from the Paris Club debt refund. The Commissioner for Information and Orientation, Mr. Markson Iworiso-Markson made the disclosure in a statement on Monday evening. […]
(Sundiata Post) — Opportunities for investment in Africa outweigh the obstacles, according to a report by leading African companies covered in the African Development Bank’s (www.AfDB.org) new Africa-to-Africa (A2A) Investment Report, the first ever report […]
LAGOS – No stranger to winning strings of awards, Smile Nigeria has typically maintained the tempo by clinching laurels both in Abuja and Lagos. Indeed, it was awards galore for the innovative and pacesetting […]
Frankfurt – Spending on digital marketing grew by 44 per cent last year in the United States and Britain to 52 billion dollars, a study has found. It estimated that global […]
By Nse Anthony-Uko ABUJA, (Sundiata Post) — The Nigeria Deposit Insurance Corporation (NDIC) will host the next edition of the International Association of Deposit Insurers (IADI) Africa Regional Committee (ARC) Annual General Meeting and Technical […]
(Sundiata Post) — African Development Bank President (www.AfDB.org), Akinwumi Adesina, on Wednesday urged Canadian business leaders to “be part of the action and seize investment opportunities on the continent.” Adesina made the call while meeting […]
Oil majors Shell and Eni will be carefully monitoring a first ruling this week by a Milan judge in one of the energy industry’s biggest corruption scandals for clues to what might be round the […]
By Nse Anthony-Uko (Sundiata Post) — The Nigerian National Petroleum Corporation (NNPC) has explained why it has resorted to contractor-financing of its pipeline and other facilities development in recent times in the Industry. Delivering the […]
By Nse Anthony-Uko (Sundiata Post) — The sale of Federal Government’s 21 per cent shares in the Nigerian Security Printing and Minting (NSPM) Plc to the Central Bank of Nigeria (CBN) will contribute over N17 […]
ABUJA – The Central Bank of Nigeria (CBN) on Tuesday intervened again in the inter-bank Foreign Exchange Market to the tune of $210 million. According to the figures obtained from the CBN on Tuesday, September […]
By Nse Anthony-Uko (Sundiata Post) — BudgIT has raised concern on the fiscal sustainability of Cross River, Osun and Ekiti states in its just released 2018 edition of the State of the States publication. The […]
By Nse Anthony-Uko Abuja, (Sundiata Post) — The Federal Government on Tuesday sold its 21 per cent shares in the Nigeria Security Printing and Minting Company (NSPMC), which translates to 12.4 billion to the Central […]
The Economic and Financial Crimes Commission (EFCC) has promised to investigate the raid on the head office of Standard Chartered Bank in Lagos, saying the officers involved would be “subjected to internal disciplinary measures”. Wilson […]
By Nse Anthony-Uko ABUJA, (Sundiata Post) — Nigeria’s inflation rate rose by 11.23 per cent, year-on-year, in August, halting the 18 months long declining growth, the National Bureau of Statistics (NBS) said on Friday. The […]
LONDON – India’s biggest mobile carrier Bharti Airtel Ltd has chosen UBS, JP Morgan and Citi to coordinate the London initial public offering of its Africa business, two sources familiar with the matter […]
ABUJA (Sundiata Post) – A Nigerian plastic-recycling company has won the maiden Shell Outstanding Achievement Prize in the 2018 Shell LiveWIRE Top Ten Innovators Awards. Bayelsa State-based De-Rabacon Plastics came tops in a competition that […]
LAGOS – President Muhammadu Buhari will on Monday September 17, declare open the first International Association of Ports and Harbours (IAPH) African Regional Conference at the Transcorp Hilton Hotel, Abuja. The opening ceremony will be […]
By Chiazo Ogbolu Lagos, – Nigeria’s largest GSM operators: Glo, 9Mobile, Airtel & MTN Nigeria are to expand financial inclusion to 90 million Nigerians by 2020. Mr Gbenga Adebayo, Chairman, Association of Licensed Telecommunications […]
It seems MTN is never too far from the speed dial to trouble. Three years ago, the telco, which has the dominant share of the mobile telecoms market in Nigeria, was slammed with a $5.2 […]
LAGOS — Clickatell, an authorised WhatsApp Business Solution provider, is proud to announce that United Bank for Africa (UBA) will be going live with their Chat Banking solution – Leo on WhatsApp. In a first […]
By Nse Anthony-Uko (Sundiata Post) — MTN Nigeria is in for fresh trouble as the federal government through the attorney general of the federation and Minister of Justice, Mallam Abubakar Malami, has demanded the telecom […]
By Nse Anthony-Uko ABUJA, (Sundiata Post) — Nigeria’s growing automotive industry got a further boost over the weekend with the signing of a Memorandum of Understanding (MoU) with the Volkswagen Group to develop a joint […]
LAGOS, (Sundiata Post) — Nigeria’s Dangote (www.Dangote.com) has emerged the most valuable brand among the top 50 brands in Nigeria for 2018 which were unveiled at the weekend in Lagos. This is coming barely three […]
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