Home » Business

Business

‘Nigeria Is The Place To Invest In Africa’ -Danbatta Says at ITU World

IT NEWS NIGERIA: Executive Vice Chairman(EVC) of the Nigerian Communications Commission (NCC) Prof Umar Danbatta has said Nigeria is the preferred investment destination because of the nation’s ready markets and potentials for growth.   The EVC was speaking earlier today at the ongoing International Telecommunications Union (ITU) World 2017 in Busan, South Korea.   According to him , Nigeria with ...

Read More »

NCC, NITDA Showcase Nigeria @ITU World 2017 In Korea

…seek more investment IT NEWS NIGERIA: International Telecommunications Union (ITU) event tagged ITU World 2017 begins today in  Busan, South Korea. ITU is United Nation’s telecommunication arm. The event is a gathering of highest decision makers in telecoms across the globe. Nigerian delegates is led by the Minister of Communications Adebayo Shittu, EVC/CEO of the Nigerian Communications Commission (NCC) Prof ...

Read More »

81st Consumers Parliament: Govt To Ensure Viable Telecoms Industry – NCC

IT NEWS NIGERIA:   Nigerian Communications Commission (NCC) has announced that it will ensure a healthy telecoms industry as well as protect the interest of millions of mobile users in the country.     Executive Vice Chairman(EVC) of NCC, Prof. Umar Danbatta revealed this in Lagos during the 81st edition of the Telecoms Consumer Parliament (TCP) themed: “Celebrating the Nigerian ...

Read More »

Nigeria Telecoms Regulator Remits N133.4bn To Govt Account

IT NEWS NIGERIA: Nigerian Communications Commission (NCC) has announed that it has remitted a total sum of N133,426,062,786 to the consolidated revenue fund of the Federal Government in the last two years, according to a statement.     A statement signed Wednesday by Director of Public Affairs at NCC, Tony Ojobo, also added that although NCC’s primary role is not ...

Read More »

Nigeria’s Foreign Debts hit $15bn In June – NBS

  The National Bureau of Statistics, NBS, yesterday, said Nigeria’s foreign debt stood at $15.05 billion, while the domestic debt portfolio was put at N14.06 trillion in June this year. According to the NBS, this represents a growth of $3.64 billion and N0.04 trillion respectively within a six month period.   Investigations by Vanguard showed that the foreign debt profile ...

Read More »

Alternative Banking Model Hits Africa

* Societe Generale launches YUP, a new alternative to the traditional banking model in Africa *Launch complete in Ivory Coast and Senegal with more than 30,000 open wallets and nearly 600 agents *Launch planned by the end of 2017 in Ghana and in Cameroon, Burkina Faso, Togo and Guinea in 2018 *Targets one million wallets in the next three years, ...

Read More »

Facebook Unveils Ad Control For Advertisers, 3rd Party Partnership

*Facebook has lunched ad control for advertisers and announced third party partnerships to improve measurement IT NEWS NIGERIA:   Facebook is making changes to its platform in order to provide more clarity and control for advertisers over where advertising appears and the kind of content that can be monetized. This announcement was made at Dmexco which had a host of ...

Read More »

Capital Importation e-Certificate To Boost Nigeria’s Investment – Central Bank

IT NEWS NIGERIA: Central Bank of Nigeria (CBN) has announed within the week that it has introduced Electronic Certificate of Capital Importation (eCCI) platform effective Monday 11th September.   according to a circular signed by Director, Trade and Exchange, CBN, Mr W.D Gotring, the apex finance watchdog added that the move is aimed at boosting foreign direct investment (FDI) inflows ...

Read More »

Nigeria Customs Generates N163m From e-Auction Bidding

IT NEWS NIGERIA:   The Nigeria Customs Service says it has generated N163 million from its e-auction bidding process, according to the service Public Relations Officer, Mr Joseph Attah. Attah told newsmen on Wednesday in Abuja, that the 11th window of the process was ongoing.   The Comptroller-General of Customs, retired Col. Hameed Ali on July 3, inaugurated the e-auction ...

Read More »

International Trade Report Reveals SMEs’ New Revenue Lifeline

IT NEWS NIGERIA: Small and medium-sized enterprises (SMEs) that use online tools to trade globally increase their revenue, chances of survival and create jobs more than businesses that fail to take advantage of internet enablers, according to latest International Trade Report .   The Future of Business Survey Trade Report July 2017 showcases how online tools play an important role ...

Read More »