The IMF (International Monetary Funds) has warned that debt servicing may gulp 100 per cent of the Federal Government’s revenue by 2026 if the government fails to implement adequate measures …
Nigeria
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Banking, Finance & InvestmentEconomyINVESTMENTWestern Africa
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According to a Reuters survey released on Tuesday, Nigeria’s crude oil production rose by 70,000 barrels per day in May. The document, made public in Lagos, showed that the country’s crude oil …
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The Nigerian Export Promotion Council, NEPC is targeting the $2.7 trillion African market through the instrumentality of e-commerce. Speaking at the launch of Agogo Africa supported by NEPC and African …
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HealthcareWestern Africa
Federal Government of Nigeria targets N207bn revenue from specialized hospitals
The Federal Government of Nigeria hopes to generate about N207bn revenue from proposed five specialist hospitals and one intravenous fluid plant across the country. The project, which will be built …
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Nigerian SMEs are subjected to cyber attacks with an estimation of loosing an average of $2.5 million every year. Kaspersky, a Russian multinational cybersecurity and anti-virus provider disclosed this noting …
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The USA Ambassador to Nigeria, Mary Beth Leonard, has disclosed that Nigeria will continue to be eligible for preferential trade access to the US market under the AGOA (African Growth …
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The IFC (International Finance Cooperation) has expressed readiness to explore ways to fund Nigerian real estate developers with proven track records to support the provision of affordable housing projects for …
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Famous Nigerian skit maker and comedian Sabinus l on Monday slammed a one billion naira suit against Friesland Campina WAMCO Nigeria PLC for unauthorized use of his trademark ‘something hooge’ …
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AfricaAirtelInformation TechnologyTechnology
Elon Musk’s Starlink to provide internet service in Nigeria and Mozambique
Nigeria and Mozambique has approved Elon Musk’s Starlink. On Friday, Tesla CEO Musk announced on Twitter that Starlink, the satellite internet constellation launched by SpaceX, his space exploration company, has …
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With the growing trends of hackers and cyber security, Wema bank has assured data confidentiality of its customers. The bank in a statement said that it’s attention has been drawn …