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Ghana overtakes Nigeria as West Africa’s largest FDI recipient in 2018

    Ghana overtakes Nigeria as West Africa’s largest FDI recipient in 2018

Ghana was West Africa’s largest recipient of foreign direct investment in 2018, a new report by the United Nations Conference on Trade and Development (UNCTAD) has shown. The report titled ‘UNCTAD

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CBN leaves rates unchanged as IMF downgrades growth

    CBN leaves rates unchanged as IMF downgrades growth

In a widely expected move, the Central Bank of Nigeria (CBN) has left interest rates unchanged at 14% for January. Signs of rising inflationary pressures are likely to fuel speculation

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Bella Disu attends Global CEOs summit as Glo seals Nokia Alcatel-Lucent deal

    Bella Disu attends Global CEOs summit as Glo seals Nokia Alcatel-Lucent deal

Glo, Nigeria’s telecom giant, has announced a deal with Nokia Alcatel-Lucent, a global telecom equipment manufacturing company, to supply, install and integrate a new Sure Pay Intelligent Network platform. This will

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HURRAY! Reps pass bill criminalising estimated billing

    HURRAY! Reps pass bill criminalising estimated billing

The house of representatives has passed a bill seeking to criminalise estimated billing in the country, among other things. The lower legislative chamber passed the bill on Tuesday after considering

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Ecobank to improve neighbourhood banking with 50,000 agent points

    Ecobank to improve neighbourhood banking with 50,000 agent points

Patrick Akinwuntan, the managing director of Ecobank Nigeria, says the bank will expand its agent banking locations to 50,000 before

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CBN MPC holds rates for 15th consecutive time

    CBN MPC holds rates for 15th consecutive time

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has again retained the monetary policy rate, which determines

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IMF cuts Nigeria’s GDP growth projection for the second consecutive time

    IMF cuts Nigeria’s GDP growth projection for the second consecutive time

The International Monetary Fund (IMF) has cut Nigeria’s gross domestic product (GDP) projection for 2019 to 2% from the 2.3%

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Fashola: 108 firms approved to supply electricity meters

    Fashola: 108 firms approved to supply electricity meters

Babatunde Fashola, minister of power, works, and housing, says 108 firms have been approved to supply electricity meters. The minister

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9mobile appoints new chief financial officer

    9mobile appoints new chief financial officer

9mobile has announced the appointment of Phillips Oki, a financial management professional, as its new chief financial officer (CFO). NAN

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Oduwole: We’ll be pursuing CAMA to ensure Nigeria hits top 100 in ease of doing business

    Oduwole: We’ll be pursuing CAMA to ensure Nigeria hits top 100 in ease of doing business

The Presidential Enabling Business Environment Council (PEBEC) has announced a goal to move Nigeria into the top-100 on the 2020

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