Category: Business

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UBA now available on Apple Business Chat

UBA now available on Apple Business Chat

The United Bank for Africa Plc (UBA) today announced it is launching Apple Business Chat to provide its customers with a new way to communicate direct [...]
Reps pass bill criminalizing estimated billing

Reps pass bill criminalizing estimated billing

The House of Representatives has passed a bill which seeks to prohibit and criminalize imposition of estimated billing by the electricity distribution [...]
Senate set to introduce taxes on GSM, cable TV subscription

Senate set to introduce taxes on GSM, cable TV subscription

The Senate has passed for first reading, a bill for an Act to introduce taxes on Communication Services and Cable television services. The proposal, e [...]
FG concludes designs for return of toll plazas

FG concludes designs for return of toll plazas

The Federal Government has concluded designs for the return of toll plazas on Federal roads, Minister of Works and Housing Babatunde Fashola has said. [...]
South Africa grants Air Peace rights to operate daily flights

South Africa grants Air Peace rights to operate daily flights

The ministry of foreign affairs says the South African government had granted Air Peace’s request to commence commercial flights to Johannesburg, Sout [...]
FG in talks with World Bank for $2.5bn loan

FG in talks with World Bank for $2.5bn loan

Hafez Ghanem, World Bank’s vice-president for Africa, has said that the bank is in talks with the Nigerian government for a $2.5 billion concessionary [...]
Tech company, Andela lets go of 250 Nigerian developers

Tech company, Andela lets go of 250 Nigerian developers

When Andela, the software developer training and outsourcing company, first launched in Lagos five years ago, its business model was simple: train loc [...]
CBN begins charges on deposits, withdrawals above N500,000

CBN begins charges on deposits, withdrawals above N500,000

The Central Bank of Nigeria plans to implement cashless policy nationwide by March 2020. The apex bank said this in a circular to all Deposit Money Ba [...]
Dangote’s tomato processing factory shut down a second time

Dangote’s tomato processing factory shut down a second time

The Dangote tomato processing factory located in Kano has been shut down a second time after farmers engaged to supply the factory with raw materials [...]
Buhari disbands Osinbajo’s economic team, appoints Soludo, Rewane

Buhari disbands Osinbajo’s economic team, appoints Soludo, Rewane

President Muhammadu Buhari has replaced the Economic Management Team with an Economic Advisory Council, made up of Prof Doyin Salami as the Chairman. [...]
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