Last month, Moody’s Global Services concluded plans to acquire a 51 percent majority stake in Global Credit Rating Company Limited (GCR) to boost Africa’s credit rating sector and provide a
Business
Sanusi Garba, chairman, Nigerian Electricity Regulatory Commission (NERC), says stakeholders in the power industry are working to address the current challenges in the sector. The national power grid had collapsed twice last
Microsoft, an American multinational technology company, has opened a facility in Lagos for its ‘African Development Center (ADC)’. The ADC is Microsoft’s initiative in Africa for an engineering centre to
Lai Mohammed, minister of information and culture, says the Presidential Enabling Business Environment Council (PEBEC) has implemented over 150 ease of doing business reforms. PEBEC was set up in July 2016 by
The policy-setting committee of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR), which measures interest
Nigeria’s telecommunications sector posted a sluggish growth in 2021 over the various policy positions taken by the government. Recent numbers
The management of Innoson Vehicle Manufacturing Company has thanked Charles Soludo, governor of Anambra state, for keeping his promise to
The Federal Competition and Consumer Protection Commission (FCCPC) has directed Multichoice Nigeria Limited to increase the number of times subscribers
BUA Cement Plc says its Sokoto factory has resumed operations after an explosion rocked the facility on Saturday. TheCable had
Abubakar Aliyu, minister of power, says mitigation measures to avoid recurrence of national grid collapse are being implemented. The national
