The shareholders of one of Africa's fastest growing companies, Sterling Bank, have commended the board of directors, executive management and staff of the bank on its remarkable financial performance for the 2022 year, resulting in a recommendation of dividends of 15 kobo per ordinary share; a fifty percent increase from that paid in 2021.

The National Information Technology Development Agency (NITDA), has reiterated the need for regional collaboration in accelerating digital transformation across Africa, provide opportunities that can propel the continent into a digital era of innovation and inclusive development.

Nigerian Exchange Limited (NGX) has said it is confident that the new administration will take efficient steps to address FX constraints, which have continued to challenge the nation’s economy.

Trading on Thursday, in the local bourse extended the week’s positive momentum following bargain hunting in ZENITHBANK (+1.7%), GEREGU (+1.6%), and OKOMUOIL (+5.9%).

Babatunde Savage, Chairman, International Chamber of Commerce, Nigeria (ICC Nigeria); Oscar N. Onyema, Group Chief Executive Officer, Nigerian Exchange Group; John W.H. Denton, Secretary General, International Chamber of Commerce (ICC); Tinuade Awe, Chief Executive Officer, NGX Regulation Limited;

Latest PMI data indicated that the Nigerian private sector continued to recover from the cash crisis in May as access to money improved and business conditions returned to normality. Output and new orders expanded for the second month running, with the latter increasing at the fastest pace in just over a year.

Tracka, BudgIT’s service delivery promotion platform, has discovered that a total of N81.7 billion was allocated to the construction of solar street lights in the 2023 FG Capital and Constituency projects.

The Director-General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh, said policies of the current administration at the Agency are tailored to complement efforts of the Nigerian Content Development and Monitoring Board (NCDMB) to grow the Nigerian economy through the Oil and Gas sector.

Barring any unforseen circumstances, Prof. Umar Garba Danbatta, Executive Vice Chairman the Nigeria Communications Commission (NCC), has assured that the agency is working in line with the Nigeria National Broadband Plan (NNBP 2020 – 2025) to provide industry leadership and facilitate the achievement of 90 per cent Broadband penetration by year 2025.

Cybersecurity expert, Dr. David Isiavwe says despite the gains of the cashless policy in Nigeria, implementation is challenged due to inadequate critical infrastructure to support electronic payment systems, particularly in rural areas.