MTN maintains data market dominance
Saviour AdugbaOctober 13, 2020
Saviour Adugba MTN Nigeria has maintained its lead as the network of choice for data consumers in Nigeria, according to statistics released by the Nigerian Communications Commission. A market statistic report by the NCC shows MTN data subscriber base increased by 1,597,356 new subscribers to reach an outstanding 63,888,343 total subscriptions in August from its […]
Globacom launches Glo Smart Learning Suite to boost education in Nigeria
Aderemi OjekunleOctober 13, 2020
Saviour Adugba Nigerian indigenous telco Globacom has announced the availability of a new service dubbed Glo Smart Learning Suite aimed at helping to meet the e-learning needs of Nigerian students and institutions. In a statement made available to Business A.M., Glo said the Smart Learning Suite is made up of both an Enterprise Resource Planning […]
Nigeria manufacturers’ export group demands payment of N200bn outstanding EEG debt
Onome AmugeOctober 12, 2020
Onome Amuge The Manufacturers Association of Nigeria Export Promotion Group (MANEG) has charged the federal government to pay the outstanding Export Expansion Grant (EEG) debt amounting to N200 billion to revitalise the non-oil export sector. Ede Dafinone, chairman, MANEG, who spoke on behalf of the exporters said companies that exported different kinds of products or […]
PZ Cusson’s result reflects vulnerability to nationwide lockdown, say FBNQuest analysts
Aderemi OjekunleOctober 12, 2020
Nigerian affiliate of United Kingdom’S fast-moving consumer goods company, PZ Cussons, unaudited result for the first quarter of its 2020/21 financial year, recently released by the company, reflects its vulnerability to the nationwide lockdown which began in April, analysts at FBN Quest Capital Research have suggested in a note seen by Business A.M. The analysts, […]
P+ Measurement Services elevates Odiakose, Animashaun, targets optimum efficiency
Businessam StaffOctober 9, 2020
P+ Measurement Services, Nigeria’s foremost and fastest growing independent public relations (PR) measurement agency, has promoted Philip Odiakose and Abidemi Animashaun, two of its key personnel, to top positions in a bid to facilitate optimum efficiency and maintain its stance as a thought leader in the industry. Philip Odiakose, erudite personnel who has demonstrated a […]
Sylva endorses Indorama’s $3bn plants as decent example of how to use Nigeria’s gas
BEN EGUZOZIEOctober 9, 2020
Ben Eguzozie, in Port Harcourt Group’s petrochemicals, fertilizer plants in Eleme, Rivers State, are heavy gas users Group plans investment increase to $6.4bn by 2025 Indorama group’s $3 billion petrochemicals and fertilizer plants in Eleme, Port Harcourt, Rivers State are good examples of how to utilize Nigeria’s abundant gas resources, says Timipre Sylva, the minister […]
N5bn UNN fundraiser targets infrastructure as Peter Obi, businessman former governor, spearheads drive
Onome AmugeOctober 9, 2020
Onome Amuge A N5 billion fundraiser by Nigeria’s premier indigenous university, University of Nigeria, with two major campuses at Nsukka and Enugu in Enugu State, south eastern Nigeria, is targeting tackling the state of infrastructure at the university. The development fund raising campaign is been spearheaded by Peter Obi, a businessman and the immediate past […]
CBN warns public against fraudulent loan offers, investment schemes
Charles AbuedeOctober 9, 2020
Charles Abuede The Central Bank of Nigeria (CBN) has warned the Nigeran public against fraudulent loan offers and investment schemes pushed out in form of fraudulent messages and videos circulating in the social media circles appealing to unsuspecting loan seekers and small-scale businesses owners to apply for loans or investment schemes and purportedly facilitated by […]
Nigeria President Buhari presents N13.08trn national budget for 2021
Charles AbuedeOctober 8, 2020
Charles Abuede Nigeria President Buhari presents N13.08trn national budget for 2021 Capital expenditure aggregated at N3.85trn While non-debt recurrent expenditure stands at N5.65 trn Nigeria’s President Muhammadu Buhari, on Thursday, appeared before the joint session of the National Assembly for the presentation of the proposed 2021 national budget of N13.08 trillion. The proposed budget, which […]
Berger Paints appoints Phoebe Obi new CFO
Charles AbuedeOctober 8, 2020
Charles Abuede Berger Paints Nigeria (BPN) Plc, a leading paint manufacturer in the country, has reinforced its operating effectiveness and value creation with the appointment of Pheobe Onyinye Obi as the company’s new chief financial officer (CFO). The appointment is in furtherance of the company’s strategic plan to position its operations for increased efficiency and […]