FG Targets 95% Digital Literacy in Two Years

The Minister of Communications and Digital Economy, Dr. Isa Pantami has promised that the federal government will facilitate 95 per cent digital literacy skills in the next two years in the country. Click here for more.

FG Reopens Subscription Offer For N150bn Bonds

The Federal Government has opened subscription offer for its December bond by reopening the APR-2023, APR-2029 and APR-2049 bonds, offering investors N50bn each across each tenor. Click here for more.

Market Halts Negative Posture; NSEASI Inches Up By +0.19% Amid Negative Breadth

Equities market closed yesterday on a positive note, as NSEASI appreciated by +0.19% to close at 26,434.00 points as against -1.11% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -15.90%. Click here for more.

Investors’ and Exporters’ forex cash aided Naira stability – Emefiele 

The Investors’ and Exporters’ (I&E) Forex window of the Central Bank of Nigeria (CBN) has attracted over $60 billion to the Nigerian economy. Governor, CBN, Godwin Emefiele, disclosed that the 29 months operations of the I&E forex window had helped stabilize the volatility of the Naira against other currencies. Click here for more.

Scrap taxes on solar equipment, LCCI tells FG

The Director-General, Lagos Chambers of Commerce and Industry, Muda Yusuf, has said that the import duty and taxes on solar equipment including batteries and inverters should be scrapped so as to improve access to renewable energy solutions. Click here for more.

Credit information must be available to every sector, says Tunde Lemo

Credit information must not only be available to the financial services sector but must be extended to other sectors of the economy, says Tunde Lemo, former deputy governor of CBN and currently the chairman of Federal Roads Maintenance Agency (FERMA). Click here for more.

Discos’ Q2 Revenue Collection Hits N121.32b

The 11 electricity Distribution Companies (DisCos) collected N121.32 billion revenue out of the total N186.08 billion bills they issued to consumers in the second quarter of 2019, it was learnt yesterday. Click here for more.

EU to invest in Nigeria’s automotive industry 

The European Union (EU) has indicated interest to invest in the Nigeria’s auto sector. Ambassador Ketil Karlsen disclosed when he led the Union’s delegation on a visit to the Peugeot Automobile Nigeria Limited (PAN). Click here for more.

Stakeholders fret over rising DDoS as losses hit over $500b

Cyber Security experts have called for more third-party awareness and trainings to mitigate the rising menace of cyberattacks, adding that third parties in a network system are usually overlooked and that has posed an entry point for new attacks. Click here for more.

Full Commitment To Oil Production Cut Critical – OPEC

Global demand for crude from the Organisation of Petroleum Exporting Countries will tumble to 29.13 million barrels per day in the first quarter of 2020, the bloc analysis arm said on Wednesday, highlighting the production discipline members will need to display to keep the oil market balanced. Click here for more.

Small businesses still go global

Coca Cola is probably sold in every store in your neighbourhood; served at every party along with its counterparts, Fanta and Sprite. These drinks are preferably the go-to drink for most people on a good or bad day particularly Coke, its vibrant red logo recognized by 94 percent of the world’s population. Click here for more.