News articles

Nigeria’s economy attracts N8.5tn investments in three years

The Nigerian economy attracted a total investment inflow of $27.9bn between July 2015 and March this year. Based on the official N305 to a dollar exchange rate of the Central Bank of Nigeria, the amount ($27.9bn) translates into about N8.5tn. Documents of the country’s investment inflows obtained from the National Bureau of Statistics revealed that

Nigeria, two others push OPEC oil output higher

Crude production from the Organisation of Petroleum Exporting Countries rose in July on the back of increased output recorded by Nigeria, Kuwait and the United Arab Emirates, the latest report obtained on Monday showed OPEC’s output averaged 32.32 million barrels per day in July, up 41,000bpd from June, the group said in its monthly oil

Skye Bank Merchant, Gidado emerge tops at mCash Re-Launch

Skye Bank mCash Merchant, Sulaiman Gidado, has emerged one of the top performing agents in the country. Nigeria Inter-bank Settlement System (NIBSS) made this known when it identified Suleiman as one of the top mCash merchants at the mCash relaunch which held in Lagos Tuesday. Part of the renewed efforts to further drive financial inclusion

NSE Opens Registration for 5th Corporate Challenge 5km Race, To Fight Cancer

•Dangote Group, Stanbic IBTC, FCMB, Chellarams Plc join as sponsors Lagos, Nigeria: The Nigerian Stock Exchange (“The Exchange” or “NSE”) is pleased to announce that the 5th edition of the annual NSE Corporate Challenge, scheduled to take place in Lagos at 7:00a.m. on Saturday, September 15, 2018, at the Muri Okunola Park, Adeyemo Alakija Street,

NPA to Sanction Erring Shipping Companies and Terminal Operators

A very stiff sanction and penalties awaits all erring Shipping Companies and Terminal Operators for their failure to comply with an agreement with the Nigerian Ports Authority (NPA) on the usage of holding bays. The agreement which was reached in November, 2017 between the Shipping Companies, Terminal Operators and the NPA, compelled all Shipping Companies

Hadiza Usman Seeks Greater Collaboration for Inter-Modalism

Lagos, Nigeria – Managing Director, Nigerian Ports Authority (NPA) Hadiza Bala Usman has said that a lot still needs to be done “particularly in synergising efforts and fine-tuning grey areas” in order to ensure continuous improvement in the nation’s inter modal freight transport and logistics value chain. Assuring that the Authority would continue to remain

NSE Hosts 6th Nigerian Capital Market Information Security Forum

Lagos, Nigeria – The Nigerian Stock Exchange (NSE) has announced the 6th edition of its bi-annual Nigerian Capital Market Information Security Forum (NCMISF), themed, “Social Engineering, The Neglected Human Factor”, which will hold on Wednesday, July 25, 2018, at the NSE Event Center, 2/4 Customs Street, Lagos. This free to attend conference which is sponsored

Bluechip Technologies celebrates 10th anniversary, Commemorates with Endowment Fund and other activities

LAGOS, NIGERIA – 13 July 2018: Business applications and data management solutions firm, Bluechip Technologies Limited, today concluded the celebration of its 10th anniversary with a series of events including the launch of an endowment fund at Matori Grammar School, Lagos and a celebration cocktail for the company’s clients, partners and key stakeholders. Bluechip Technologies