Etisalat Communications has launched its mobile 4G Long Term Evolution (4G LTE) service into the Nigerian market. The Chief Executive Officer, Etisalat Nigeria, Matthew Willsher, who announced the new service roll-out, disclosed that the latest offering demonstrates Etisalat Nigeria’s unwavering commitment to deliver superior customer experience to its subscribers. “The 4G LTE technology offers our […]
The Minister of Finance, Mrs. Kemi Adeosun, on Friday assured Nigerians that the focus on infrastructure spending by President Muhammadu Buhari administration will unlock the desired growth in the country. The minister, in an interview with CNBC on the sidelines of the ongoing IMF/World Bank annual meeting in Washington DC, United States, on Friday also […]
Nigeria is focused on driving local manufacturing of goods as part of its sustained effort to diversify the economy, and would appreciate the support of developed countries in the area of enhancing its technical capacity, Minister of Budget and National Planning, Udoma Udo Udoma, said on Thursday. The Minister told a German delegation led by […]
The Naira on Wednesday appreciated against the dollar in all the segments of the foreign exchange market. The currency gained 9.97 points to exchange at N310.24 from N320.21 it recorded on Tuesday, representing an appreciation of 3.1 per cent. It also gained a point against the dollar at the parallel market, exchanging at N475 from […]
A cement factory owned by Africa’s richest man, Nigerian business tycoon Aliko Dangote, has been attacked by protesters in Ethiopia’s Oromia region, the regional government has said in a statement. The protests were in response to the deaths of at least 55 people in a stampede at a religious festival of the Oromo people on […]
The International Monetary Fund (IMF) has predicted that Nigeria’s economy will grow away from a recession in 2017. Nigeria is currently in a recession after official Data from the country’s bureau of statistic showed that its gross domestic product (GDP) contracted by 2.06 percent in the second quarter, sending Africa’s biggest economy into a recession […]
The Federal Government has flagged off the Rice Anchor Borrowers’ Programme in Imo State, to provide farmers with credit facility made available by the Central Bank of Nigeria (CBN). The programme was launched on Sunday at the Imo State International Conference Centre in Owerri, the state’s capital in southeast Nigeria. Governor Rochas Okorocha explained that the aim […]
By Pamela Eboh, Awka Inhabitants of Anambra State have resorted to trekking long distances to get to their destination following the sudden hike in petrol pump price from N140 to between N200 and N250 per litre. When News Express visited some filling stations within Awka, the state capital on Friday, most of them shut their gates […]
An estimated 200 foreign exhibitors from more than 15 countries will participate at the Lagos International Trade Fair scheduled for November 2016. Five hundred thousand visitors are expected to attend the fair over a 10-day period, according to Sola Oyetayo, chairman of the trade promotion board of the Lagos Chamber of Commerce and Industry (LCCI), […]
The Securities and Exchange Commission (SEC) on Wednesday announced the ban and blacklisting of Taofik Lawal and Mrs. Iyabode Lawal, directors of WT Securities Limited, from operating in the Nigerian Capital market for life. The company and its directors were found culpable of mismanaging the stocks of Mrs. Opral Mason Benson. The suspension, the commission […]