Business

Polaris Bank Partners Millwater on stable Power Delivery to Industrial Clusters

Polaris Bank Partners Millwater on stable Power Delivery to Industrial Clusters   Photo Caption: From:L-R; Lagos Deputy Governor, Dr. Obafemi Hamzat; Vice President, Kashim Shettima; Ogun State Governor, Prince Dapo Abiodun; Executive Director Polaris Bank, Chinwe Iloghalu and Deputy Managing Director, Wema Bank, Wole Akinleye at the Agbara Business Roundtable,[Read More…]

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Foreign investments into telecoms dropped by 77%

Foreign investments into telecoms dropped by 77% Foreign investments into Nigeria’s telecommunication sector fell by 77.35 per cent year-on-year in the first half of the year, despite the rollout of 5G services in the country. In the first six months of 2023, total capital importation into the telecoms sector was[Read More…]

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NITDA opens application for N5m AI research grant for tech startups

NITDA opens application for N5m AI research grant for tech startups The National Information Technology Development Agency (NITDA), with the support of the Federal Ministry of Communications, Innovations and Digital Economy, has unveiled the Nigeria Artificial Intelligence Research Scheme, which provides up to N5 million in grants to tech startups[Read More…]

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Oil Marketers To Resume Fuel Importation

Oil Marketers To Resume Fuel Importation Oil marketers will soon resume importation of Premium Motor Spirit (PMS), popularly known as petrol into Nigeria as the Federal government moves to end the Nigerian National Petroleum Company Limited (NNPCL)’s monopoly of importation. This sequel to a meeting the marketers: Depots and Petroleum[Read More…]

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Telcos renew push for tariff hike, others

Telcos renew push for tariff hike, others Mobile network operators (MNOs) have renewed the push to hike the end-user tariff of telecom services in the country, citing high cost of doing business. They urged President Bola Tinubu to cancel the recently suspended 7.5 per cent Value Added Tax (VAT) imposed[Read More…]

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