Category: e-BUSINESS

Rush for Dollar Drops with CBN $19m Surplus
March 24, 2017 No Responses

Rush for Dollar Drops with CBN $19m Surplus

The demand for dollar by banks is now dropping across the country. For the first time since the dollar scarcity started, the Central Bank of Nigeria (CBN) on Friday recorded $19 million surplus after it intervened in the interbank market....
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China seeks APC support in Nigeria on “One China” policy
March 22, 2017 No Responses

China seeks APC support in Nigeria on “One China” policy

Chinese Ambassador to Nigeria, Mr Zhou Pingjian, has appealed to the All Progressives Congress (APC) to support Nigeria’s “full execution’’ of One China Policy between both countries. A statement by Mr Edegbe Odemwingie, APC`s Assistant Director of Pub...
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Sarah Alade Retires as Deputy Governor from CBN
March 22, 2017 No Responses

Sarah Alade Retires as Deputy Governor from CBN

After serving for 23 years at the Central Bank of Nigeria (CBN), 10 of which as Deputy Governor Economic Policy and one time Acting governor of the apex bank, Dr Mrs Sarah Alade bade an emotional farewell to the bank on...
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Laptops Ban on Some U.K, U.S Inbound Flights
March 22, 2017 No Responses

Laptops Ban on Some U.K, U.S Inbound Flights

The US and UK are banning laptops from cabin baggage on flights from certain countries in the Middle East and North Africa, as well as Turkey. The US ban on electronic devices larger than a smartphone is being imposed as...
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Rutger Reman is New MD for Ericsson in Nigeria
March 19, 2017 No Responses

Rutger Reman is New MD for Ericsson in Nigeria

Ericsson has appointed Rutger Reman, president and managing director for Ericsson Nigeria, reporting to Jean-Claude Geha, president and CEO of Ericsson sub-Saharan Africa. Rutger Reman succeeds Johan Jemdahl. Geha said: “Rutger has demonstrated excellent lea...
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NCC Introduces National Numbering Plan for Mobile Networks
March 17, 2017 No Responses

NCC Introduces National Numbering Plan for Mobile Networks

The Nigerian Communication Commission (NCC) has developed a National Numbering Plan (NNP) aimed at designing a uniform numbering scheme for easy calls to subscribers and operators. The NCC said on its website Friday that the NNP would provide a uniform...
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Nigerians Telecoms Consumers Spend $6.6bn in 2016 – NCC
March 15, 2017 No Responses

Nigerians Telecoms Consumers Spend $6.6bn in 2016 – NCC

Prof. Umar Danbatta, the Executive Vice Chairman, Nigerian Communications Commission (NCC) says Nigerian telecom consumers spend a whopping 6.6 billion dollars in 2016. Danbatta disclosed this on Wednesday in Abuja during the  launched the NCC Year of Consume...
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MTN Gives Fresh Order to New CEO Over Listing in Nigeria
March 14, 2017 No Responses

MTN Gives Fresh Order to New CEO Over Listing in Nigeria

That South Africa’s MTN Group has appointed Rob Shuter as Chief Executive is not distance from what may be described as strategy from its recorded earnings loss in year 2016 after announcing a R2.6bn ($198m) loss in the financial year....
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World Conference of Banking Institutes to Hold in Nigeria – official
March 14, 2017 No Responses

World Conference of Banking Institutes to Hold in Nigeria – official

Prof. Segun Ajibola, President, the Chartered Institute of Bankers of Nigeria (CIBN), says the 22nd World Conference of Banking Institutes (WCBI) will strengthen financial literacy. Ajibola made the assertion at a news conference on the forthcoming of WCBI hol...
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CBN, NCC, Others Meet over Etisalat Crisis
March 9, 2017 No Responses

CBN, NCC, Others Meet over Etisalat Crisis

Central Bank of Nigeria (CBN), Nigeria Communications Commission (NCC) and the three creditor banks will on Friday meet on what may now be the fate of the embattled mobile network operator-Etisalat Nigeria- over the lingering loan facility, totaling 1.72 billi...
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