Business

NCC tackles sharp practices through consumer outreach
Business Communications NCC Nigerian Communications Commission

NCC tackles sharp practices through consumer outreach

NCC Building Nigerian Communications Commission (NCC)‎ has said that it would continue to ensure that consumers of communications enjoyed the services expected to be provided by the Service Providers. Speaking at the 97th Edition of Consumer Outreach Programme (COP), Prof. Umar Garba Danbatta, executive vice chairman, Nigerian Communications Commission (NCC)‎, […]

CWG to launch Entersekt product line into Nigerian market
Adewale Adeyipo Business Communications CWG Entersekt Nigeria

CWG to launch Entersekt product line into Nigerian market

Phillip Obioha, Chairman Board of CWG Plc.<br />ITPulse CWG Plc, a pan-African provider of information and communications technology, has announced a strategic partnership with Entersekt, a globally recognized innovator in mobile-first fintech solutions. In line with its commitment to continuously offer cutting-edge technology solutions, CWG will provide Entersekt’s full suite […]

Stakeholders applaud as secondary market of spectrum begins
Association of Telecommunications Companies of Nigeria Business Communications Engr. Olusola Teniola NCC Nigerian Communications Commission

Stakeholders applaud as secondary market of spectrum begins

Olusola Teniola, president of ATCON There is excitement among telecommunications stakeholders as the process of secondary spectrum market begins in the sector, Nigeria CommunicationsWeek has learnt. The board of Nigerian Communications Commission (NCC) had in first quarter of this year approved the commencement of spectrum trading also known as secondary […]

CBN, commercial banks to revive real sector with N4 trillion facility
Ahmed Abdullahi Business Business News CBN Commercial Banks

CBN, commercial banks to revive real sector with N4 trillion facility

CBN Governor, Godwin Emefiele Succour may soon come the way of manufacturers and entrepreneurs, especially the agriculture sector, as the banking industry’s accumulated cash reserve, ratio (CSR) estimated at N4.11 trillion, would be opened for lending through a target approach. Specifically, the Central Bank of Nigeria (CBN) and commercial banks […]

Peacock unveils discounted fares, incentives for summer travels
Aviation Business Houston Istanbul London New York Washington

Peacock unveils discounted fares, incentives for summer travels

A plane in air motion As the summer travels season kicks into high gear, Peacock Travels Limited, in collaboration with some of the world’s leading airlines, has announced a package of promotional fares and incentives to ensure hassle-free travels.  The heavily discounted fares, some as low as N319, 999 for […]

Commission urges investors to regularise multiple accounts
Business Business News Mary Uduk Securities and Exchange Commission

Commission urges investors to regularise multiple accounts

Uduk, Acting SEC DG • Fixes December 31 as deadline Acting Director General, Securities and Exchange Commission (SEC), Ms. Mary Uduk, has enjoined capital market investors that bought shares with different names to regularise their accounts to derive full benefit of their investments.      This is even as the […]

‘Why Nigeria’s gas sector development may remain elusive’
Abiodun Adesanya Business Business News Dada Thomas Wumi Iledare

‘Why Nigeria’s gas sector development may remain elusive’

The Nigerian gas sector outlook may remain bleak if lingering challenges, especially unfavourable regulatory framework and poor monetary policies are not addressed. Nigeria had 5,111 bcm of proven natural gas reserves as of 2014 and ranks ninth among nations with huge natural gas reserves in the world, but gas production […]

Eko Disco to stop cash payments, seeks consumers’ cooperation
Business Business News EKEDC Joseph Esenwa

Eko Disco to stop cash payments, seeks consumers’ cooperation

Eko Electricity Distribution Company Plc (EKEDC) has urged its customers to embrace modern electronic payment platforms for electricity consumed, as it works towards eliminating cash payment. The company’s Chief Financial Officer, Joseph Esenwa, disclosed this in Lagos, saying the effort was aimed at reducing payment queues at some of the […]

Stock market investors lose N125billion in three days
Business Business News Stock market investors

Stock market investors lose N125billion in three days

• Analyst says stocks present buy opportunity For the eighth consecutive time, equity market sustained sliding profile as virtually all the blue chip stocks recorded price depreciation yesterday, as investors lose N125billion in three trading days.     Specifically, the market capitalisation of listed equities dropped by N125billion to N12.803trillion […]

‘Upstream projects getting back on track after oil price slump’
Business Business News Globaldata Wood Mackenzie

‘Upstream projects getting back on track after oil price slump’

Oil barrels Industry research group, Wood Mackenzie (Woodmac) has said emerging signs of improved execution suggest companies are getting it right after a period of dismal performance on upstream oil and gas projects. A similar research conducted by Globaldata, had revealed that the Nigeria would add at least $8.4 billion […]

Madesoftlogic unveils software to enhance EODB
Business Business News Madesoftlogic SMEs’

Madesoftlogic unveils software to enhance EODB

To enhance the ease of doing business and technology inclusiveness for Small and Medium Enterprises (SMEs), Madesoftlogic has unveiled ESOPOS, a cloud based Point of Sale (POS) software and social marketplace solution. Madesoftlogic, an indigenous Nigeria technology company said the solution is part of the company’s enterprise platform for retailers, […]

NEPC, UNIDO move to curb rejection of exported dried beans
Business Business News NEPC Olusegun Awolowo UNIDO

NEPC, UNIDO move to curb rejection of exported dried beans

Executive Director, Nigerian Export Promotion Council, Olusegun Awolowo The Nigerian Export Promotion Council (NEPC) has partnered the United Nations Industrial Development Organisation (UNIDO) to end the high level of rejection of Nigerian produce in the global market. The Executive Director and Chief Executive Officer, NEPC, Olusegun Awolowo, explained that the […]

How stakeholders are digitising downstream operations
Business Business News DAPMAN Ogechi Nkwoji

How stakeholders are digitising downstream operations

Say Nigeria not ready for self-service filling stations Major players in the country’s petroleum industry would continue to invest in the digitisation of operations in the downstream sector to address challenges and improve service delivery, the groups under the aegis of Major Oil Marketers Association of Nigeria (MOMAN), Depot and […]

NCDMB seeks listing of refineries, petrochemical industries on Exchange
Business Business News NCDMB Simbi Wabote

NCDMB seeks listing of refineries, petrochemical industries on Exchange

The Nigerian Content Development and Monitoring Board (NCDMB) has stressed the need for firms that constitute hydrocarbon resources in-country such as refineries, petrochemical industries, fertilizer firms to list on the Nigerian Stock Exchange (NSE).Hydrocarbons are organic compounds that are made of only hydrogen and carbon atoms. They are found in […]

Air Peace deepens local, regional operations with Embraer jets
Air Peace airlines Allen Onyema Business Business News

Air Peace deepens local, regional operations with Embraer jets

Air Peace airlines has deployed its recently acquired 50-seater Embraer 145 aircraft on local and regional routes. The jets – two out of six already in the fleet – are part of the airlines’ no-city-left-behind initiative. Chairman and Chief Executive Officer of the airline, Allen Onyema, said the carrier was […]