2018 budget: Experts fault oil benchmark increment

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Okechukwu Chris Unegbu Some monetary consultants on Friday faulted the rise within the oil benchmark of the 2018 appropriation invoice from 45 to 51 by the Senate.The monetary consultants informed the News Agency of Nigeria (NAN) in Lagos that the increment was not needful, whereas reacting to the appropriation invoice handed by the National Assembly. […]

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Whatsapp, other OTTs slash 81% of operators’ revenue in 13 years

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•MTN’s Q1 revenue hit N81.four billion Operations of the Over the highest (OTT) gamers, together with WhatsApp, WeChat, Viper, Skype, Google, have slashed about $17.eight (81%) from the Average Revenue per User (ARPU) of the Mobile Network Operators in the nation throughout the final 13 years. ARPU, which was round $22 in 2005, has dropped […]

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Government outlaws private security guards onboard vessels

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PHOTO:AFP Notwithstanding the spate of pirate assaults on its territorial waters, the Federal Government has declared that the Nigerian Constitution forbids using armed private guards on board vessels. The Minister of Justice and Attorney-General of the Federation, Abubakar Malami, who made this identified on the 3th version of Lagos International Maritime Week in Lagos, referred […]

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FG reiterates commitment to promoting businesses

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Lai Mohammed The Minister of Information and Culture, Lai Mohammed, has reiterated the commitment of the current administration to promoting the participation of the personal sector in Nigeria’s strategic financial agenda. Inaugurating a Stakeholders Engagement Committee of the National Council on Privatisation (NCP), Tuesday in Abuja, the Minister stated the pro-business posture of the federal […]

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Firm to launch data currency in Nigeria

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Lius Carranza A worldwide innovation community, Fintech Worldwide Limited, in conjunction with Eka Consult, is about to check run an innovation, Census, a revolutionary programme in Nigeria, earlier than a worldwide launch. The Chief Executive Officer, Fintech Worldwide, Lius Carranza, disclosed this not too long ago on the inaugural blockchain convention in Africa held in […]

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Maritime operators set to tackle technical, financial challenges

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PHOTO: Tonye Bakare Major stakeholders within the maritime sector are anticipated to converge in Lagos, subsequent week, to study the coverage, technical, and financial challenges bedevilling indigenous ship operations in Nigeria. The Minister of Transportation, Chibuike Rotimi Amaechi, is anticipated to be the Special Guest of Honour on the second Maritime Technical Summit, slated for […]

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Poor environment bane of Nigeria’s technology sector

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The sluggish tempo of growth that has plagued technology transformation within the nation has been attributed to lack of enabling environment and poori nfrastructure. According the Chief Executive Officer and Founder, Boto Technology, a Nigerian safety options agency, Tolu Agbeyo, these challenges have hindered the expansion and development within the nation’s technology sector particularly her […]

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FrieslandCampina WAMCO affirms resilience, pays shareholders N9.22 dividend

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Ben Langat Despite challenges in its operations within the 2017 monetary 12 months, FrieslandCampina WAMCO Nigeria Plc has said that the dairy merchandise producer stays resilient and continues to strategize to enhance traders’ returns. Speaking on the firm’s 45th yearly common assembly, yesterday in Lagos, the Managing Director, Ben Langat defined that although 2017 was […]

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Experts optimistic about economy despite challenges

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Nigeria economy. PHOTO: buzznigeria.com Despite challenges confronted by the Nigerian economy recovering from recession, specialists inside the monetary and funding sector has expressed optimism within the development of enterprise actions within the nation. The specialists who gathered on the ninth yearly Pan-Africa 1:1 investor convention organized by Renaissance Capital in Lagos on Wednesday, mentioned for […]

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