#Economy: FG in Late Rally to Revive Failing Economy
After months of being in total
denial about the precarious state of the economy, the Federal Government has
begun to talk up the economy even as offshore portfolio investors continue to
shun government fixed income securities.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#IndustryPulse: Bank, Client Daily FX Volumes Surge above $100m as CBN
Pulls Back
The average daily volumes traded
between banks and clients on Nigeria’s interbank Foreign Exchange (FX) market
through the FMDQ OTC platform has surged to over $100 million a day as the
Central Bank of Nigeria (CBN), pulls back form actively intervening in the
markets.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#Economy: Average Exchange Rate Tells a Different Tale of Africa’s
Largest Economies
Despite reports of surrendering top
spot to South Africa, Nigeria may still be Africa’s largest economy in dollar
terms at the naira’s average exchange rate in the last six months, BusinessDay
reports.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#Economy: Major Setbacks on Oil, Gas Reforms Hurt Economy
Nigeria’s economy may be under
siege as a result of government mismanagement of the various reforms in the oil
and gas industry, according to analysts. According to industry sources, this is
as a result of the inability of government to successfully handle the Petroleum
Industry Bill (PIB), which has been stranded at the National Assembly for more
than seven years with the consequent prevention of investments into the sector.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#IndustryPulse: Services Trade across Africa Opens New Opportunities for
Nigeria, Others
The World Bank has said that
services sector offers promising opportunities for Africa’s trade
diversification, growth, job creation and poverty reduction. But these
potentials remain latent on account of regulatory hurdles, limitations to
repatriation of earnings, high visa cost, work permit requirements and legal
obstacles that providers face in materialising such flows.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#IndustryPulse: Hardware Tech Lapse Causes Revenue Loss in Aviation
Sector
Lapses in the nation’s hardware
manufacturing industry may have become a major concern for the local airlines ,
which are enmeshed in yearly payment of over $46 million as compensation due to
lack of technology for tracking luggage, analysts say.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#StakeholdersAction: Shippers Raise Alarm Over NCS’ Resolve to Peg Duty
on Flexible Exchange Rate
Shippers, including manufacturers,
who depend on import for critical production input and raw materials, are
raising concern over the decision of the Nigerian Customs Service (NCS) to peg
exchange rate on duty payment at flexible market rate.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#StakeholdersActions: Experts Hinges Oil Prices Recovery on Supply
Dearth, Curbing Militancy
Analysts at Financial Derivatives
Company have said that for oil prices to revert to $85 per barrel in the last
quarter of 2016, supply growth must firm at 2 million barrels per day by
Organization of Petroleum Exporting Countries (OPEC) and deepwater production
volume growth to rise to 11.6m barrels per day by 2020.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#IndustryPulse: Bancassurance Masterclass Targets Upscale Financial Inclusion
in SSA
Africa Bancassurance Masterclass, a
programme of West Africa Business Schools, targets to upscale financial
inclusion agenda in sub-Sahara Africa (SSA). In its third year, the Africa Bancassurance
Masterclass is Africa’s top meeting place for bancassurance practitioners. This
year’s theme is anchored on Strategy, Marketing and Global Best Practice for
Banks and Insurers.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#IndustryPulse: Fitch Affirms BoI’s Sovereign Rating
Fitch Ratings has affirmed the
national ratings of the Bank of Industry (BoI) and seven other banks. According
to Fitch, the rating actions follow Fitch’s downgrade of Nigeria’s Long-Term
Local Currency Issuer Default (IDR) to ‘B+’ from ‘BB-’, as a result of which it
is now equalised with the Long-Term Foreign Currency IDR.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#Empowerment: Enterprise Designs Accelerator Programme to Fund Female
Entrepreneurs
She Leads Africa, a social
enterprise helping young African women achieve their professional dreams has
announced an accelerator programme, designed to identify, support and fund the
next generation of Nigeria’s brightest female entrepreneurs.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#StakeholdersAction: LASG wants LGs to embrace cashless policy
Sole administrators in the 20 local
government councils and 37 local council development areas in Lagos State have
been urged to embrace cashless revenue collection through the use of
information technology as this will prevent revenue leakages in their various
councils.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#Investment: 52-week Trend Shows 42.96% Decline in Average Daily Value of
Stocks Traded
In the 52-week period to June, the
Nigerian Stock Exchange (NSE) reported about 42.96% decline to N2.60 billion in
the average daily value of stocks traded.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#Environment: Support Comes to Research in Niger Delta
The Acting Managing Director of the
Niger Delta Development Commission (NDDC), Ibim Semenitari, says that
supporting research in Nigerian universities is critical to driving development
in the Niger Delta region and guaranteeing better livelihoods.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#IndustryPulse: MAN Says Exclusion of 41 Items from FX Shut down 50
Industries
The Manufacturers Association of
Nigeria (MAN) says the policy of excluding 41 items from exchange rate market
has shut down at least 50 industries. Frank Udemba Jacobs, president, MAN, said
this during the presidential dialogue session organised by the Lagos Chamber of
Commerce and Indutry (LCCI), attended by Yemi Osinbajo, Nigeria’s Vice
President.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#Energy: Dangote Urges Multinationals to Explore Coal Option as Gas
Scarcity Bites
Aliko Dangote, President of Dangote
Group and Africa’s richest man, wants manufacturers, especially large
corporations and multinationals, to explore the option of using coal in the
face of gas scarcity.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#IndustryPulse: MAN’s New Power Firm Will Reduce Production Cost
The new power company floated by
the Manufacturers Association of Nigeria (MAN) will help cut production costs
for manufacturers, according to Ibrahim Usman, vice-president North-west zone,
MAN Independent Power Projects (IPPs).
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#StakeholdersAction: NLC to Resist Increase in Petrol Pump Price
Nigeria Labour Congress (NLC) on
Sunday rose from it Central Working Committee (CWC) meeting in Lagos, warning
it would mobilise to resist attempt whatsoever to further increase the pump
price of petrol.
Published by the BusinessDay Newspaper on Monday, 15th August, 2016
#Economy: Oyo Moves to Exploit Culture, Tourism for IGR Drive
Oyo State is designing a roadmap
towards exploiting its rich culture and tourism to boost Internally Generated
revenue (IGR). Commissioner for Information, Culture and Tourism, Toye Arulogun
said this in an interview with The Nation
yesterday.
Published by The Nation Newspaper on Tuesday, 16th August, 2016
#MSMEs: GreenHouse Capital invests $10m in tech startups
A Venture Capital (VC) firm, GreenHouse
Capital, said it is going to invest $10 million in two tranches of $5 million
each. It has however, spent over $3 million spread across 13 start-ups.
Published by The Nation Newspaper on Tuesday, 16th August, 2016
#Award: Smile Wins Broadband Service Award
Smile Communications has won The
Most Innovative Broadband Service Provider of the Year Award. The award was one
of the highpoints of Titans of Tech Awards in Lagos at the weekend.
Published by The Nation Newspaper on Tuesday, 16th August, 2016
#IndustryPulse: Importers Spend N2.29t on Textile, Rice, Fish Others
Importers of textile materials,
rice, fish, wheat and sugar, spend close to N2.29 trillion to bring the
commodities to Nigeria, yearly, The
Nation learnt. A senior official of the Federal Ministry of Finance, who
spoke on condition of anonymity, condemned the high rate of smuggling of the
items into the country. The official said textile materials importers spend
close to N1.29 trillion annually to ferry the items into the country.
Published by The Nation Newspaper on Tuesday, 16th August, 2016
#Empowerment: NDE trains 120 in Taraba
The National Directorate of
Employment (NDE) in Taraba State is training 120 youths in skill acquisition.
The participants are being trained in such vocational skills as computer/ICT,
barbing, cloth making, hair weaving cum dressing, tailoring and GSM repairs,
among others.
Published by The Nation Newspaper on Tuesday, 16th August, 2016
#Philanthropy: Corps Member Gives Free Eye Surgery to 30 People
Succour cane the way of 30 indigent
people suffering various eye ailments in Minna, the Niger State capital, when a
National Youth Service Corp member Dr Uwaeze Oke Ikesinachi sponsored a free
eye surgical intervention for the patients.
Published by The Nation Newspaper on Tuesday, 16th August, 2016
#StakeholdersAction: Workers Sue Firm Over Non-payment of Benefits
Over 200 former workers of Global
Scansystems Limited have sued the company at the National Industrial Court of
Nigeria (NIC) for its alleged failure to pay their severance benefits.
Published by The Nation Newspaper on Tuesday, 16th August, 2016
#Empowerment #Entrepreneurship: Diamond Bank Promotes Entrepreneurship
Diamond Bank Plc has launched this
year’s edition of Building Entrepreneurs Today (BET) programme. The Diamond
Bank BET is an SME initiative aimed at generating interest in entrepreneurship
to express Diamond Bank’s readiness to support and encourage entrepreneurs in
Nigeria.
Published by The Nation Newspaper on Tuesday, 16th August, 2016
#CSR: FCMB donates to the Blind
First City Monument Bank (FCMB)
Limited has donated 15 Braille machines to the Federal Nigeria Society for the
Blind (FNSB) at its Vocational Training Centre (VCT) Oshodi, Lagos State.
Published by The Nation Newspaper on Tuesday, 16th August, 2016
#Health: Cardiologists Cautions on Heart Diseases
Nigerians have been advised to be
conscious of what they eat and drink to minimise the risk of heart related
diseases. A cardiologist based in the United States (U.S.), Dr Sabu George,
yesterday alerted that many staple food and beverages being consumed are prone
to heart related diseases.
Published by The Nation Newspaper on Tuesday, 16th August, 2016
#Oil: Crude Oil Prices Hit Over 5-week Highs, Brent Sell at $48.81
The prices of crude oil in the
international market yesterday reached their highest levels in more than five
weeks due to heightened speculations that Organisation of Petroleum Exporting
Countries (OPEC) will embark output cut to prop up prices.
Published by the This Day Newspaper on Wednesday, 17th August,
2016
#Economy: External Reserves Down as CBN Settles Matured Obligations
Nigeria’s external reserves
diminished to $25,860 billion as at August 12, 2016, following the settlement
of matured obligation by the Central Bank of Nigeria (CBN). The latest external
reserves position revealed by the CBN showed that the reserves derived mostly
from the proceeds of crude oil sales fell by 1.9% or N514 million in the last
one month, compared with the $26.347 billion it was at July 12, 2016.
Published by the This Day Newspaper on Wednesday, 17th August,
2016
#IndustryPulse: APTCON Moves to Boost Transport Sector
Private transport company owners
under the aegis of Association of Private Transport Companies of Nigeria
(APTCON), have called on stakeholders in the sector to tap into every potential
the sector has to offer for its growth and development.
Published by the This Day Newspaper on Wednesday, 17th August,
2016
#IndustryPulse: Forex Scarcity- Port Terminal Operators Lament Low Cargo
Volumes
Private terminal operators,
otherwise known as concessionaires operating at the nation’s seaports are
facing difficulties in their operations as the cargo volumes they handle
continue to decline. The hardship is compounded by the inability of most of
them to procure dollars to meet their business obligations.
Published by the This Day Newspaper on Wednesday, 17th August,
2016
#Innovation: OdooSME ERP Solution Launched to Boost SME Growth
A new software solution has been
developed and launched into the market, designed to support the business growth
Small and Medium Enterprises (SMEs) and to revolutionise the way small
businesses are done in Nigeria.
Published by the This Day Newspaper on Wednesday, 17th August,
2016
#IndustryPulse: Sterling Bank Launches Diaspora Services
In line with its enriching life
mantra and plan to extend its unique banking services abroad, Sterling Bank
Plc, over the weekend, announced the launch of Sterling Diaspora Services for
Nigerians based outside the shores of the country.
Published by the This Day Newspaper on Wednesday, 17th August,
2016
#Education: Improper Implementation of Policy Cause of Basic Education
Decline
Lack of proper implementation of
education policies has been identified as one of the factors contributing to
the decline of basic education in the country. The Director, Al-Hikma
International School, Alhaji Abdulrazzaq Ahmad, disclosed this in Abuja during
the third graduation ceremony and seventh speech and prize-giving day of the
school.
Published by the This Day Newspaper on Wednesday, 17th August,
2016
#Education: Lagos Regulates Tutorials Continuing Education Centres
The Lagos State Ministry of
Education as part of its commitment to regulate various segment and activities
in the education sector has directed operators of tutorial/continuing education
centres in the state to register with the ministry’s Agency for Mass education.
Published by the This Day Newspaper on Wednesday, 17th August,
2016
#Stakeholders’Action: Integrate Agriculture intro Education, Govt told
Given the current economic
realities and the need to diversify the nation’s economy, provide jobs for
Nigeria’s teeming population and attain sufficiency in food production, the
former Vice-Chancellor of the University of Lagos, Professor Oye Ibidapo-Obe
has advised governments to see agriculture as the next area to shore up the
economy.
Published by the This Day Newspaper on Wednesday, 17th August,
2016
#Employment: Ministry Canvasses Employment Generation for Epe Youth
The Lagos State Ministry of Wealth
Creation and Employment recently held stakeholders Forum and interactive
session aimed at reducing the unemployment rate among the youths and creating wealth
for Lagosians.
Published by the This Day Newspaper on Wednesday, 17th August,
2016
#Economy: NEXIM Highlights Opportunities in Non-oil Export Facilities
The Nigerian Export Import Bank
(NEXIM Bank) has advised exporters to take advantage of the N500billion Non-oil
Export Stimulation Facility (ESF) as well as the expansion of the export credit
Rediscounting and Refinancing Facilities (RRF) to boost their operations and
create jobs.
Published by the This Day Newspaper on Wednesday, 17th August,
2016
#StakeholdersAction: FG Urged to Enforce Risk Management in Parastatals
The Federal Government has been
advised to enforce risk management practices in al, its ministries, departments
and agencies (MDAs) so as to be able to withstand shock during the period of
economic downturn.
Published by the This Day Newspaper on Wednesday, 17th August,
2016
#IndustryPulse: FG Seeks $7bn to Kick-start Mines, Steel Industry
Nigeria is looking for investment
to the tune of $7billion in mining and steel over the next decade as it seeks
to develop gold and iron-ore extraction industries to diversify its
oil-dependent economy. One of the government’s priorities is to meet its annual
steel demand of 6.8 million metric tonnes, from a current output of a third of
that, produced mainly from scrap iron. Solid Mineral Development Minister,
Kayode Fayemi said.
Published by the This Day Newspaper on Wednesday, 17th August,
2016
#Education: Set to Spend N3bn on High Impact Research
In a move to scale up research in
the education sector, the federal government had set aside over N3billion for
high impact research intervention fund for researchers in public tertiary
institutions in Nigeria.
Published by the This Day Newspaper on Wednesday, 17th August,
2016
#Health: Nigerian Turkish Hospital Performs Open Heart Surgery
The Nizamiye Hospital has
successfully carried out an open-heart surgery in Abuja. This was contained in
a statement released by the management of the hospital.
Published by the This Day Newspaper on Wednesday, 17th August,
2016
#Oil: FG Okays Four Oils Wells for Lagos, Rejects One
The Federal Government says four of
the five oil wells discovered in Lagos belong to the state. It added that the
fifth oil well could not have belonged to the state since its location fell
outside the approved distance.
Published in the Punch Newspaper on Thursday, 18th August, 2016
#Infrastructure: Work to Commence on Pen Cinema Flyover, other projects
The government of Lagos State on
Wednesday said it would soon start some projects designed to improve the
standard of living in the state. The Commissioner for Information and Strategy,
Mr Steve Ayorinde, at a news conference in Alausa, Ikeja, on Wednesday said the
state would soon commence the construction of a flyover at the Pen Cinema junction
in the Agege area.
Published in the Punch Newspaper on Thursday, 18th August, 2016
#Health: FG Releases N9.8bn to fight polio in N’East
The Federal Government has released
N9.8 billion to fight against the polio outbreak especially in the North East
affected by the activities of Boko Haram insurgents.
Published in the Punch Newspaper on Thursday, 18th August, 2016
#Health: Drug Scarcity Hits Aso Rock Clinic Despite N3.87bn budget
Despite the N3.87bn allocated to it
in the 2016 Appropriation Act, lack of drugs and other essential medical items
have crippled operations at the State House Medical Centre, The Punch has learnt.
Published in the Punch Newspaper on Thursday, 18th August, 2016
#Empowerment: FG jobs
Sokoto State Governor, Aminu
Tambuwal, has set up a taskforce that will mobilise unemployed graduates and
other qualified individuals in the state to ensure full participation of the
state in the Federal Government’s social intervention programmes.
Published in the Punch Newspaper on Thursday, 18th August, 2016
#Oil: FG Orders Mass Importation of Kerosene, say marketers
In a bid to check the arbitrary
increase in the pump price of Kerosene, the Federal Government has placed an
order for massive importation of the product, oil marketers have said.
Published in the Punch Newspaper on Thursday, 18th August, 2016
#Energy: Prices of Gas Rises By 60%
Following the free fall of the
naira against the United States dollar, the cost being incurred for the
purchase of gas for power generation has risen by about 60 per cent, our
correspondent has learnt.
Published in the Punch Newspaper on Thursday, 18th August, 2016
#Economy: Retail sector to Face Challenges, Says Report
The country’s retail sector will
continue to face significant challenges over the next 12 months as a result of
its dependence on higher foreign exchange rates offered in the parallel market,
analysts have said.
Published in the Punch Newspaper on Thursday, 18th August, 2016
#StakeholdersAction: LCCI Kicks Against Communication Tax Bill
The Lagos Chamber of Commerce and
Industry has declared that there is the likelihood that the Communicate=ion
Service Tax Bill currently before the National Assembly will be challenged in
the court of law because it raises the issue of double taxation, among others.
Published in the Punch Newspaper on Thursday, 18th August, 2016
#IndustryPulse: CBN Grants Fidelity Bank E-commerce Licence
The Central Bank of Nigeria has granted
Fidelity Bank Plc final licence to operate electronic commerce services in
Nigeria. In a statement on Thursday, it said the development would enable the
lender to empower Micro Small and Medium Enterprises in line with its strategic
business objectives.
Published in the Punch Newspaper on Thursday, 18th August, 2016
#StakeholdersAction: Access Bank, Verve promote cashless transaction
Access Bank Plc has partnered Verve
International to promote cashless transactions in the country. The lender said
the collaboration was designed to enhance customer education and financial
inclusion.
Published in the Punch Newspaper on Thursday, 18th August, 2016
#Power: Nigerian Received Lowest Electricity Supply in May
Power generation in Nigeria fell to
a record low in May, with households experiencing an average daily cumulative
supply at 5.6 hours, a new report by NOIPolls revealed.
Published in the Punch Newspaper on Thursday, 18th August, 2016
#Empowerment: Foundation Trains Students in Renewable Energy
The Working to Advance African
Women Foundation, a non-governmental organization, has trained female secondary
school students in how to generate electricity through renewable energy
sources.
Published in the Punch Newspaper on Thursday, 18th August, 2016
#IndustryPulse: Operators Count Losses as earnings Plunge inn Maritime Sector
Due to the global crisis, many of
the operators in the nation’s maritime sector recorded financial losses in the
first half of this year. Orders for both new and second hand vessels have
plunged significantly.
Published by The Guardian Newspaper on Friday, 19th August, 2016
#Economy: Nigeria Needs to Diversify for Sustainable Revenue, Says Osinbajo
Vice President Yemi Osinbajo said
yesterday at a meeting of governors and leaders of All Progressive Congress
(APC) in Ibadan that Nigeria must begin to look beyond oil to other areas that
would generate sustainable revenues.
Published by The Guardian Newspaper on Friday, 19th August, 2016
#Infrastructure: No Water Project Completed in Past 15 years, Says Minister
The Minister of Water Resources,
Suleiman Adamu, has disclosed that in the last 15 years, no water project was
fully completed and commissioned. Lamenting the poor state of the water sector,
he said that as at 2015, the administration inherited outstanding liabilities
to contractors handling some ongoing water projects to the tune N88.8bn.
Published by The Guardian Newspaper on Friday, 19th August, 2016
#Health: Anxiety as Lassa fever Kills Doctor, Three Others in Anambra
Lassa fever is back in the country
as a doctor and three others have died of the disease in Anambra State. The state
director of Public Health, Dr Emmanuel Okafor, confirmed the deaths yesterday
at a one-day Lassa fever training workshop organized by the Ministry of Health.
Published by The Guardian Newspaper on Friday, 19th August, 2016
#Environment: ‘Involve Host Communities in Parks Privatisation
The Minister of Environment, Mrs
Amina Mohammed, has canvassed for a clearly defined role for host communities
in the proposed commercialisation of the Country’s National Parks.
Published by The Guardian Newspaper on Friday, 19th August, 2016
#Technology: GreenHouse Capital to Invest $10m in Tech Expansion
Thirteen local technology start-ups
are billed to benefit from GreenHouse Capital, a venture capital firm, which
planned an investment of over $10 million for expansions.
Published by The Guardian Newspaper on Friday, 19th August, 2016
#IndustryPulse #Partnership: Afreximbank, ICCO, NEXIM other partner on
intervention for cocoa sector in Nigeria
In a bid to revive the ailing cocoa
industry in the country, Afreximbank and the International Cocoa Organization
(ICCO) have partnered with the Bank of Agriculture (BOA) and the Nigerian
Export-Import Bank (NEXIM) on possible ways of intervention and development of
the cocoa industry in Nigeria.
Published by The Guardian Newspaper on Friday, 19th August, 2016
#MSMEs #Technology: Firm Urges Adoption of New Technologies for Growth
For businesses, especially the
Small and Medium scale Enterprises (SMEs) to be more efficient in their
operations, technology adoption has been described as very essential.
Published by The Guardian Newspaper on Friday, 19th August, 2016
#Infrastructure: Fashola to Unveil Blueprint on Housing at AUHF
As part of efforts to address the
challenges in the housing sector, the Minister of Power, Works and Housing,
Babatunde Raji Fashola (SAN) has concluded plans to unveil Nigeria’s blueprint
on the way forward for the sector.
Published by The Guardian Newspaper on Friday, 19th August, 2016
#Economy: Nigeria May Lose Over $25bn to NLNG Act Amendment
The Nigeria Liquefied Natural Gas (NLNG)
has warned that any move to tinker with the 2004 Act would violate bilateral
agreements with international investors as well as cost the country a whopping
$25 billion in Foreign Direct Investment (FDI) and fines running in billions at
the International Courts.
Published by The Guardian Newspaper on Friday, 19th August, 2016
#Investment: Profit-taking takes toll on NSE, indices down by N6b
Equity transactions on the Nigerian
Stock Exchange (NSE) closed on a downward note, reversing the three days consecutive
appreciation, even as marker capitalisation plummets by N6 billion.
Published by The Guardian Newspaper on Friday, 19th August, 2016
#Empowerment: Wema Bank empowers Young entrepreneurs at NSFDW 2016
Wema Bank has rewarded the most creative
designer with start-up funds in the grand finale of the 2016 Nigeria Student
Fashion and Design Week (NSFDW). At the event, which was held at the Indoor
Sports Hall, University of Lagos, SMEs packages were also given to other
participants.
Published by The Guardian Newspaper on Friday, 19th August, 2016
#Agric: Cross River Hands Over Land for Rice Cultivation to Investor
In a bid to improve in agriculture
food production, Cross River State Government has provided 1000 hectares of
land for rice cultivation in Bansara. The Commissioner for Agriculture and Natural
Resources, Prof. Anthony Eneji, stated this at the weekend in the ground breaking
and handing over of Bansara Rice farm in Ogoja Local Council Area, to Paul B
Nigeria Plc.
Published by The Guardian Newspaper on Friday, 19th August, 2016
#Award: Ecobank Gets Award
Ecobank has won Customer
Relationship Management of the Year, Retail risk Management Initiative of the
Year and Best Business Model Execution in West Africa for 2016 at The Asian Banker’s
first yearly West Africa Awards Ceremony in Lagos.
Published by The Guardian Newspaper on Friday, 19th August, 2016
#MoUs: Lagos, ALTON Agreement on Smart City Initiative Expires
The Memorandum of Understanding (MoU)
between Lagos State Government and Association of Licensed telecommunications
Operators of Nigeria (ALTON) as part of efforts to mitigate the challenges
hindering the roll-out of telecommunications facilities across its domain has
expired, making way for arbitrary changes by the authorities if not renewed.
Published by The Guardian Newspaper on Friday, 19th August, 2016
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