NCC invites public schools to access N500m Intervention Fund
Executive Vice Chairman, Nigerian Communications Commission (NCC), Prof. Umar Danbatta, says the N500 million NCC Special Social Intervention Fund is yet to be accessed by public schools in the country….
CBN awards MTN licence to provide financial services
A subsidiary of MTN Nigeria has been awarded a licence by Central Bank of Nigeria (CBN) that would allow it to provide financial services, the telecoms firm said on Monday….
Africa’s “Crowd-farming” company Livestock boosts investment in cattle in Africa
Cattle have long been considered a measure of wealth across Africa – but it is not just farmers cashing in. A pioneering app in South Africa lets investors, eager to…
Auto supplier, Bosch sees car production falling 5% in 2019
Auto supplier Robert Bosch has revised its forecast for automotive production on Saturday, expecting a 5% fall this year, bigger than an earlier estimate for a 3% decline, the company’s…
MTN leads gainers’ chart amid N2.95 interim dividend
MTN Plc led the gainers’ chart on Friday with N2, due to investors’ reactions to N2.95 interim dividend declared by the company for six months ended June 30, 2019. The…
Airtel Africa profit more than doubles aftermath of listing
Airtel Africa Plc reported a quarterly pretax profit on Friday that more than doubled, as the telecoms company signed up more customers for its mobile and data services and was…
Kwale Industrial Park to generate 75,000 jobs; Okowa assures on profitability
In line with his administration’s commitment to the speedy industrialization of Delta State, Governor Ifeanyi Okowa has assured prospective investors in Kwale Industrial Park of quick return on investment. Over…
Zenith Bank: New management pledges enhanced results, dividends
The new management of Zenith International Bank Plc on Wednesday assured the capital market community and shareholders of enhanced financial performance and value creation. Mr Ebenezer Onyeagwu, the new Group…
Nigeria may lose N5.5trn in bad loans to slow justice system, bearish economy
Nigeria is facing the risk of never recovering about 5.5 trillion naira ($15 billion) of bad loans taken over during a banking crisis more than a decade ago, reports Bloomberg….
Google announces $3m Google.org grant to support African non-profits
Google on Wednesday announced a $3million Google.org grant to support African non-profits focused on providing CS Education for children in underserved communities, girls and economic empowerment of young people. Among…