Huawei Technologies Company Nigeria Limited has assured that it would provide advanced and innovative support to MTN Nigeria following the trial roll-out of 5G network technology in Nigeria.
In a statement in Abuja, Managing Director of Huawei Technologies Company, Mr. Zhang Lulu, stated the company would keep supporting MTN through...
The Federal Government has said Nigeria cannot service its debts with the current revenue generation capacity.
The government insisted that debt to Gross Domestic Products ratio is still within the threshold but admitted that the debt to revenue ratio is high.
Minister of Finance, Budget and National Planning, Zainab Ahmed, made...
analysts see prospects for growth, encourage corporate sponsorship for sustainability
Stakeholders and entertainment actors in Edo State have valued the revenue accrued to the sector in 2021 to about N500 million owing to the growing opportunities and investment attracted to the creative and entertainment industry during the period.
A cross-section...
Says Africa Has Indeed Woken Up
Vice President Kashim Shettima has said serious investors can now take unfettered advantage of Nigeria’s growing investment climate to tap from the limitless opportunities in the country and the African continent.
VP Shettima spoke on Tuesday during a forum titled, "Roadmap to Co-create Investment...
Union Bank of Nigeria (UBN) Plc on Thursday announced a dividend recommendation of about N7.3 billion for the 2019 business year, its first dividend payment in 11 years. Shareholders will receive a dividend per share of 25 kobo.
The dividend was a major highlight of considerable improvements in the commercial...
High interest rates, unfavourable economic climate and insufficient power supply have been identified as the major constraints to businesses in the country.
The Statistics Department of the Central Bank of Nigeria said these in its ‘January 2020 business expectations survey report’.
Part of the report read, “Respondent firms identified insufficient power...
FirstBank of Nigeria has appointed Aishatu Bubaram as group executive, Commercial Banking North Division, making her the first female from Northern Nigeria to attain an executive management position in the bank.
Prior to her appointment, she was the group head, Commercial Banking North, a position she assumed in 2016 following...
Boeing announced sweeping cost-cutting measures Wednesday after reporting a first-quarter loss of $641 million following the hit to the airline business from the coronavirus pandemic.
The aerospace giant plans to reduce its workforce by 10 percent through a combination of voluntary and involuntary layoffs and will slash production of its...
Air Peace, one of Nigeria's leading airlines, has officially commenced its highly anticipated Lagos-London flight services, marking a significant milestone in its expansion strategy. The inaugural flight took off on Saturday, fulfilling the airline's earlier announcement of direct flight operations to London, which was made during a prelaunch forum...
The vision of Governor Udom Emmanuel, to make the Akwa Ibom State owned Airline, Ibom Air, become the West African Aviation power house, is nearing reality, following indications that Ibom Air could soon commence regional operations between Nigeria and The Gambia.
This was part of discussions Monday, when the Gambian...
