All posts by BusinessNews Staff

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  Airtel Boss, Ogunsanya calls for review of Mobile Money model

  The Chief Executive Officer and Managing Director of Airtel Nigeria, Segun Ogunsanya, has called for a review of the current mobile money model, saying a telco-led model will help expand retail banking, thereby driving financial inclusion in...

  • Posted June 27, 2015
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  Oil, gas companies reluctant to hire – Report

  A global hiring survey has revealed oil and gas companies’ reluctance in Nigeria and other oil-producing countries to increase hiring efforts in the near term. Still grappling with market uncertainty, 51 per cent of global hiring managers...

  • Posted June 27, 2015
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  NERC hires 14 to inspect electricity firms

  The Nigerian Electricity Regulatory Commission (NERC) Thursday sidestepped the existence of a technical inspector, the Nigerian Electricity Management Services Authority (NEMSA) that was recently signed into law to undertake technical inspections in the country’s electricity industry and...

  • Posted June 27, 2015
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  First Bank CEO calls for naira devaluation after curbs

  Managing Director and Chief Executive Officer of First Bank of Nigeria Limited, Mr. Bisi Onasanya, has disclosed that Nigeria needs to let the naira devalue as foreign-exchange trading restrictions used to keep the currency stable are starting...

  • Posted June 27, 2015
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  TEF announces training programme for $100m fund

  The Tony Elumelu Foundation says the inaugural training session for the first set of participants in the $100m Entrepreneurship Programme will commence next month. The Founder, TEF, Mr. Tony Elumelu, who stated this at a news conference...

  • Posted June 27, 2015
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  NERC asks Buhari to resolve EMS row

  The Chairman of the Nigerian Electricity Regulatory Commission, Dr. Sam Amadi, on Thursday called on President Muhammadu Buhari to take a stand on the creation of a new agency in the industry, the Electricity Management Services Limited....

  • Posted June 27, 2015
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  Expert decries poor investment in livestock production

  The Executive Director, Forum for Agricultural Research in Africa, Dr. Yemi Akinbamijo, has described Africa’s investment in livestock as pathetic. He stated that since livestock did not get the attention it deserved, its potential to contribute to...

  • Posted June 27, 2015
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  Airtel warns distributors against selling below recommended price

  Telecommunications giant, Airtel, has cautioned distributors of the network, also known as channel partners, against selling its products below the prices fixed by the company. The company has been giving out a lot of mouth-watering rewards and...

  • Posted June 27, 2015
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  Court restrains FRSC from making arrests over unexpired ‘old’ licences

  The Federal High Court in Lagos has held that the Federal Road Safety Commission (FRSC) cannot arrest any motorist for not having the new driver’s licence if the old version is yet to expire. Ruling on a...

  • Posted June 27, 2015
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  FG revokes licences of ABC Transport Courier, nine others

  The federal government, through the Courier Regulatory Department (CRD) of the Nigerian Postal Service (NIPOST), Thursday revoked the operational licences of ABC Transport Courier Service and nine others for various offences ranging from unethical practices to non-renewal...

  • Posted June 26, 2015
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