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Business and Economy

5 Ways to protect your devices from WannaCrypt Pandemic

With the world reeling from the WannaCrypt attack–an ongoing cyber-attack of the WannaCry ransomware computer worm targeting the Microsoft Windows operating system – fears are rife that the viral attack may soon spread to Nigeria, with dire implications for individuals and businesses whose devices are compromised. Described as unprecedented in …

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Weststar announces return of FIAT to Nigeria, Makers of Ferrari and Maserati – Also unveils one of its new models, The FIAT Tipo

Weststar Associates Limited, (Authorized General Distributors of Mercedes-Benz, Chrysler, Jeep, Dodge, and Ram in Nigeria) has confirmed the arrival of the much-anticipated Italian brand – FIAT in Nigeria. Plans are already in motion to officially launch the first model to return – the ‘FIAT Tipo’. This makes Weststar also the …

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DMO: Why we are targeting all Nigerians in new FGN Savings Bond

As a leap towards strengthening the recently launched Federal Government’s Economy Recovery and Regeneration policy, the Debt Management Office (DMO), Abuja Thursday took President Muhammadu Buhari’s campaign for new investment opportunity for all Nigerians to Ibadan, Oyo state capital. It is codenamed “Federal Government of Nigeria Savings Bond (FGNSB)”. The …

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  Yudala, Nigeria’s fastest growing composite e-commerce outfit, has announced the strategic appointment of Mr. Wole Ogundare as Chief Executive Officer. The appointment takes effect from May 1st 2017. Wole Ogundare’s appointment comes barely a week after the company announced its acquisition of Yes Mobile, a cosmopolitan high-value retail outfit …

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Naira to appreciate ahead of heavy injection of Forex by CBN ….as forex availability excites manufacturers, other stakeholders

Strong indications emerged over the weekend that the Central Bank of Nigeria (CBN) is set to inject more foreign exchange through intervention segments of the market thereby heightening expectations that the Naira will appreciate significantly during the week. The expectations became rife following the inability of the authorized dealers to …

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Nigeria’s debt service to revenue ratio will reduce as revenue improves – Udoma

Budget and National Planning Minister, Senator Udoma Udo Udoma has explained that Nigeria’s debt service/revenue ratio appears high because the country is currently facing a revenue challenge. He however pointed out that as revenues improve, the ratio will consequently reduce. The Minister, who was speaking at a Stakeholders’ Dialogue on …

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