Business

Tayo Olanipekun An industry pioneer in undersea communications technology, TE SubCom,today announced that it has secured a contract from MainOne to extend its active submarine cable system into West Africa’s francophone region. The project will involve two additional branches connecting Dakar,Senegal and Abidjan, Cote D’Ivoire. These new branches will connect to MainOne’s 7,000km cable system, which extends from Portugal to …

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Africa’s leading entrepreneurship focused philanthropy, The Tony Elumelu Foundation, is launching the world’s largest digital platform for African entrepreneurs and the African entrepreneurship ecosystem –  TEFConnect. TEFConnect will officially be unveiled at this year’s TEF Forum, taking place on October 25th, 2018 in Lagos. Harnessing and building on the success of Africa’s largest entrepreneurship catalyst, the Tony Elumelu Foundation Entrepreneurship Programme, which …

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The Federal Government has approved the mandatory use of the national identity number beginning January 1, 2019. The National Identity Management Commission made this known on Wednesday in a statement signed by its Head, Corporate Communications, Loveday Ogbonna. The statement revealed that the “Federal Executive Council has approved the immediate commencement of the implementation of a strategic roadmap for Digital Identity …

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As part of efforts to impact financial knowledge on Nigerian youths, Stanbic IBTC Bank, in partnership with the Creative Youth Community Development Initiative, a Wole Soyinka Foundation, has organised a Financial Literacy forum for students of the Covenant University, Ogun State. During the programme, the participant were taken through basic issues in finance, banking and the economy. Apart from raising …

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Diamond Bank Plc has listed the benefits of its customer loyalty reward programme, Genzone. The bank also assured that it would continue to reward loyal customers who accumulate Gempoints in the Gemzone programme. The Gemzone is a Diamond Bank’s customer loyalty program designed to express gratitude to customers of the bank. Through this initiative, points earned can be exchanged for …

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The National Working Committee (NWC) of the All Progressives Congress (APC) has approved the review of the timetable for the conduct of the 2018 primary elections of the party. By the original schedule, presidential primaries were to hold on September 20, while appeals that may arise from the conduct were to be heard on September 22. September 25 was fixed …

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The maritime sector through Nigerian Port Authority (NPA) is set to get improved infrastructural boost as Heritage Bank Plc revealed plans to provide financing for building critical maritime infrastructures and other aspects of transport sector projects once policies driving the projects are well structured. The MD/CEO of Heritage Bank, Ifie Sekibo disclosed this as one of the panelists at the …

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Citing need to promote cooperation in a variety of fields, the Nigerian Ports Authority (NPA) and Guangzhou Port Authority, China, on Tuesday in Abuja signed a Memorandum of Understanding (MoU). According to information by online report, the MoU is for two years in the first instance with effect from the date the parties append their signatures and may be renewed …

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Tayo Olanipekun A 21.5 per cent compound annual growth rate (CAGR) is anticipated in the revenue of the nation’s Entertainment and Media (E&M) industry,bringing the earnings to $9.9bn in 2022, a report has shown. According to PricewaterhouseCoopers (PwC) ‘Entertainment and media outlook: 2018 – 2022: An African perspective,’ released today, this growth is due to the fact that Africa’s entertainment …

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Photo Caption: From Left; Mr. Ibrahim Dikko, Director, Society for Corporate Governance Nigeria; Mr. Tijiani Borodo, Fellow/Director, Society for Corporate Governance Nigeria; Mr. Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE); Professor Fabian Ajogwu, SAN, Fellow/Director, Society for Corporate Governance Nigeria and Mrs. Hilda Nkor, Chief Executive Officer, SCGN during a Closing Gong Ceremony at The Exchange …

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