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Business

President Tinubu Extends Student Loans to Skill Acquisition

President Bola Ahmed Tinubu has directed the extension of interest-free loans to Nigerian students interested in skill-development programmes. The President issued the directive at the State House on Monday after a briefing from Mr. Akintunde Sawyerr, Executive Secretary of NELFUND, on the build-up to the launch of the programme later in the month. On the need […]

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Business

SMEDAN Disbursed N7bn to Boost SMEs in Nigeria as DG Marks 100 Days In Office

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), said it has facilitated over seven billion naira worth of funding for SMEs in the country in the first 100 days of the current DG, Charles Odii in office. The agency also said Odii has led impactful initiatives resulting in the creation of 15,000 jobs […]

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News

Brands Spent $930bn on Social Media Advertising Since 2017, Quadrupled in Six Years

As the second-largest market in the digital advertising space, the social media ad industry has grown tremendously over the years. With an estimated 4.9 billion social media users across the world and over 90% of marketers using social media to promote brands and reach customers, it`s no wonder this type of advertising has become one […]

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Business

Nigeria Rejigs e-auction Amid Earlier Success Challenges Receives 1,137 Bids

Despite initial problems, the Nigeria Customs Service (NCS) is pleased with the good response to its revamped electronic auction platform. Since its re-launch , the agency has received 1,137 bids and 1,099 registered applicants. Abdullahi Maiwada, chief superintendent of customs and national public relations officer, called the response “impressive.” Approximately 100 vehicles were posted to […]

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Business

CBN’s First MPC Meeting Under Cardoso Fixed for February

The Central Bank of Nigeria (CBN) says its Monetary Policy Committee will hold its first meeting under the tenure of Mr. Olayemi Cardoso as Governor on Monday, February 26 and Tuesday, February 27, 2024. The announcement follows a two-day strategic session for members of the Monetary Policy Committee (MPC) in preparation for the meeting in […]

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TechEntertainment

TECNO Ignites Africa’s Soccer Passion with Charitable Match at AFCON

 Global Innovative Technology Brand TECNO, as the official sponsor of the Africa Cup in Côte d’Ivoire, organized a star-studded charity match on the second day of the opening ceremony. The game featured CAF General Secretary Véron Mosengo-Omba and famous football players, including Jay-Jay Okocha, El Hadji Diouf, Asamoah Gyan, Dennis Oliech, and Erick Otieno, who […]

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Business

Petroleum Products Distributors Register for Dangote Petroleum Refinery Product Distribution 

Management of Dangote Petroleum Refinery has commenced registration of distributors for the lifting and distribution of refined petroleum products across the country. So far, members of three prominent associations, that constitute 75 per cent of the total market in Nigeria have been registered. The associations are the Depot and Petroleum Products Marketers Association of Nigeria […]

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Business

100 Days in Office: Maida Unveils Stakeholder’s Centric Drivers, Vows to Hold Telecos  Accountable for Obligations on QoS 

The Nigerian Communications Commission (NCC), has unveiled key drivers for the telecoms industry that would be deployed to sustained the present growth level of the  industry just as the new Executive Vice Chairman of Commission, Dr Aminu Maida marks his first 100 days in office following his appointment as the new helmsman of the regulatory […]

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Business

About $15m Investment Fund Up for Grab in Contest by Ten Tech Startups at 2024 Africa Tech Summit

About $15 million is up for ten tech startups at the Africa Tech Summit holding in where they will showcase their solutions to a diverse audience of industry experts, investors and fellow innovators on February 14 and 15 this year. The ten selected ventures, spanning fintech, agritech, e-commerce, Web3, and climate-tech sectors, are looking to […]

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Business

Vertiv Projects Doubles Switchgear, Busway Capacity and Integrated Modular Solutions to Support Increased Demand

Vertiv , a global provider of critical digital infrastructure and continuity solutions, said that the company has increased capacity of its switchgear, busway and integrated modular solutions (IMS) business by more than 100% since acquiring the E&I Engineering and PowerBar Gulf switchgear, busway and IMS business in November 2021, and anticipates further doubling capacity with expansions […]

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