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Business

Glo encourages females to pursue ICT career

Nigerian telecommunications company, Globacom has urged females who desire to be in the Information and Communication Technology sector to keep up with the drive as it is a rewarding career path. According to This Day, Globacom identified focus and persistence as crucial success factors for girls aspiring to pursue careers in the information and communications […]

Elon Musk discloses plans for self-driving cars
Business

How Twitter CEO appointment’ll help Tesla- Analysts

Analysts have said the recent appointment of a new CEO for Twitter would help the tech leader, Elon Musk eliminate a significant distraction and give ample time to concentrate more on Tesla Inc. The electric vehicle giant, Tesla has been struggling with declining demand for its electric vehicles which has since 2023 caused variation in […]

Why insurance sector needs repositioning - FG
Uncategorized

Why insurance sector needs repositioning – FG

The Minister of Finance, Budget, and National Planning, Dr. Zainab Ahmed, has urged West African insurance providers to restructure the sector for global competitiveness. The Punch reported that she gave a speech during the 50th-anniversary celebration and educational conference of the West African Insurance Companies Association in Lagos State, Nigeria. The conference’s theme was “Re-positioning the insurance industry […]

Ardova awards Otedola $19m in arbitration over Forte Oil sale
Business

Ardova awards Otedola $19m in arbitration over Forte Oil sale

Energy billionaire, Femi Otedola had won a $19 million arbitration award on the share purchase agreement surrounding the sale of Forte Oil, now Ardova Plc. According to Premium Times, the agreement was reached in response to a decision made by the London Court of International Arbitration in October. The agreement mandated that Ignite Investments and Commodities Limited’s Chairman, Abdulwasiu Sowami […]

Access Bank, Qatar airways partner, offer discounted flight tickets
Banking

Access Bank launches Paris-based french subsidiary

Access Bank Plc, the flagship company of Access Holdings Plc, officially established its subsidiary in Paris, France, on Thursday. According to Arise News, the bank released a statement on Thursday saying that the majority of its activities will be focused on trade finance, first taking advantage of flows between France and Africa, particularly Francophone Africa. “Access Bank Plc […]

The Nigerian Petroleum and Natural Gas Senior Staff Association has written to President Bola Ahmed Tinubu via the Chief of Staff's office to request that the
Economy

FG is drowning in debt servicing – PENGASSAN

Petroleum workers in Nigeria have cautioned about Nigeria’s expanding debt profile, which recently reached N77 trillion after parliament allowed the securitization of CBN Ways and Means loans. Nairametrics reported that they emphasized that borrowed money should not be used for consumption but rather should be put toward business endeavors and the construction of infrastructure. This information […]

FG okays new national automotive industry development plan
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FG okays new national automotive industry development plan

The Nigerian government has announced the adoption of a new National Automotive Industry Development Plan for the next ten years as well as the adoption of the Nigeria Investment Policy. According to Nairametrics, the Nigeria Investment Policy Plan is the first-ever investment policy plan authorized by the FG The Trade Minister, Otunba Adeniyi Adebayo, revealed this in […]

Elon Musk discloses plans for self-driving cars
Business

Tesla increases model prices in the US

Tesla has increased the prices of its Model S, X, and Y electric vehicles in the United States by a low digit per cent, but they are still considerably lower than at the beginning of the year. Based on the company’s website, it raised the prices of all versions of its higher-priced Model S and […]

Emefiele orders banks to dispense old naira notes - Soludo
Business

Emefiele urges risk management institutes to equip professionals

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has called on the Chartered Risk Management Institute of Nigeria to develop risk management professionals who can create and implement effective risk management strategies in the economy. The Punch reported that he made this statement on Thursday during the inauguration of the CRMI in Lagos, […]

Naira and Dollar displayed
Business

Naira falls at parallel market, gains on I&E window

Naira experienced a decline of 0.54 per cent against dollar, closing at ₦750 on the black market while it slightly strengthened by 0.06 per cent closing at ₦462.73/USD at the Investor and Exporter window. Data from the Financial Market Dealer Quotations revealed that the Nigerian naira had a trading range as low as N460 and […]

Volvo
Business

Volvo Cars delays production of electric SUVs

Sweden-based automobile giant, Volvo Cars has announced a delay in the production of its new Volvo EX90 model due to the need for additional software development and testing. The company stated that the fully electric SUV will not be produced until the first half of 2024, a delay of approximately six months from the previous […]