‘AfDB’s annual private sector investment lending jumps to $2bn in 10 years’
The African Development Bank (AfDB) Group says its annual private sector investment lending has increased from about 300 million dollars to two billion dollars in ten years. The bank’s Communication…
Nigerians to pay 7.5% VAT as Buhari signs Finance Bill into law
President Muhammadu Buhari on Monday signed the 2020 Finance Bill into law.Mr Femi Adesina, the Special Adviser to the President on Media and Publicity, confirmed this development in a statement…
Alleged revenue indebtedness: FG withdraws case against MTN Nigeria
MTN Nigeria Communications Plc on Friday said its case with the Federal Government over alleged revenue indebtedness of N242.24 billion and $1.28 billion had been withdrawn. MTN Nigeria stated…
Zenith Bank takes banking to the people with operation Retail Storm
Zenith Bank has started the year boldly with operation Retail Storm in which the bank staff mounted branded stands at strategic parts of Lagos to woo customers and bring its…
OPEC says Iraqi oil facilities secure, production continuing
Iraqi oil facilities are secured and the country’s production is continuing, the Organisation of the Petroleum Exporting Countries, OPEC’s Secretary General Mohammed Barkindo said on Wednesday. “It’s a big relief…
Uber partners with Hyundai on electric air taxi
U.S. ride-hailing company Uber Technologies Inc and South Korean automaker Hyundai Motor have teamed up to develop electric air taxis, joining the global race to make small self-flying cars to ease…
FG reviews electricity tariffs of 11 DisCos
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has approved the immediate review of electricity tariffs across the country. NERC announced this in a series of documents on…
FG says Enugu airport to be completed before Easter
Aviation Minister, Hadi Sirika All things being equal, the Akanu Ibiam International Airport Enugu should be completed before Easter 2020. That’s according to the minister of aviation, Mr Hadi…
Google system could improve breast cancer detection – Study proves
A Google artificial intelligence system proved as good as expert radiologists at detecting which women had breast cancer based on screening mammograms and showed promise at reducing errors, researchers in…
Nigeria should mine from $3.3trn AfCTA – Adesina, calls Eco a ‘great idea’
President of the African Development Bank, Akinwunmi Adesina, has said that the biggest thing to happen to Africa is the African Continental Free Trade Area (AfCFTA), saying the free trade…