The Central Bank of Nigeria, CBN, on Friday, disbursed additional N6.9bn to five gas suppliers, one power generation company and one power distribution company. The money, which is the third in the series of disbursements made under the N213 billion Nigerian Electricity Market Stabilisation Facility, brings the total amount given by the CBN, under the…
NASS Leadership: APC Accepts Saraki and Dogara
John Odigie-Oyegun, national chairman, All Progressives Congress, APC, has announced on Friday that the party has accepted Bukola Saraki and Yakubu Dogara as the President of the Senate and speaker of the House of Representatives respectively. Odigie-Oyegun, who spoke after the transition committee submitted their report to President Muhammadu Buhari at the Defense house in…
StarTimes Secures Rights to FIFA World Cup Games
StarTimes is set to thrill its sport loving subscribers with new sport channels and exclusive live sporting action on its digital TV platform. The company has secured exclusive rights to screen various pulsating FIFA World Cup football games to excite its Nigerian subscribers and offer them fantastic sports actions and entertainment. The games are the…
Adesina Emerges 8th President of AfDB
Akinwumi Adesina, the outgoing minister of agriculture, has been elected as the new president of the African Development Bank, AfDB. Adesina defeated Cristina Duarte, minister for finance, planning and public administration, Cape Verde and Kordje Bedoumra, Chad’s minister of finance and budget and other five contenders to become the 8th president of the development financial…
Bras Marine and Yachts Services Begins Boat Exhibition
Bras Marine and Yachts Services, on Friday, May 15, commissioned the first boat and yachts exhibition in Nigeria, in Lagos. Yomi Sonuga, chairman of the company, explained that the initiative is to change the perception of Nigerians that boats and yachts are meant for top business executives alone. Sonuga disclosed that his company has signed…
Robotel Partners Topteck Nigeria
Robotel Incorporated, a Canadian-based teaching solution developer, has achieved a laudable feat towards bridging the gap between Nigerian schools and digital classroom management systems, as it partners Topteck Nigeria, another solution provider. The partnership offers hundreds of Nigerian educational institutions a world-class digital classroom and language laboratories. Yanick Demers, executive director, Robotel Inc, explained during…
Bloomberg Trains Financial Journalists
The much-anticipated Nigeria’s edition of Bloomberg Media Initiative Africa Executive Training, BMIA ET, begins today at the Lagos Business School, LBS, Lagos. Faith Adepoju-Nsa, programme advisor, BMIA ET, said the programme was designed to support great business and finance journalism in Africa and bring more transparency to African markets by helping improve the way governments…
StarTimes Partners iROKOtv
StarTimes, an Indigenous digital television service provider, has partnered iROKOtv, an online movie channel, to expand the scope of its viewership and bridge the gap between Nigerians and the digital television migration. The milestone development, according to Israel Bolaji, manager, public relations, StarTimes, NTA Star-TV Network, was to position the company as Africa’s fastest growing…
NIKE To Kit Nigerian Football Teams
Nike, a global football brand, has signed a three-year partnership deal with the Nigeria Football Federation, NFF, to design and develop football kits for both male and female national teams. Amaju Pinnick, president, NFF, explained that Nike would design performance and training apparel, equipment including team kits and footballs for the national team players at…
CIBN Wins 22nd WCBI Hosting Right
The Chartered Institute of Bankers of Nigeria has won the right to host the 22nd World Conference of Banking Institutes, WCBI, which will take place in 2017. The biennial conference for all the banking institutes across the globe commenced in Edinburgh Scotland, in 1975, as part of activities to commemorate the Centenary celebrations of the…