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Business and Economy

SAS urges organizations to embrace Analytics and Artificial Intelligence

In a rapidly changing business environment, businesses are under pressure to not only comply with constantly changing regulations but also to modernize their processes and systems. The purpose is to help reduce compliance costs, improve efficiency and effectiveness, stay competitive and drive innovation whilst looking for better ways to serve …

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Only 350 Nigerians responsible for 80% of N5.4trn debt; It must be recovered, whether the debtors like it or not – AMCON

By Ifeanyi Nwoko  The Asset Management Corporation of Nigeria (AMCON), says that only 350 Nigerians are responsible for more than 80 per cent of the N5.4 trillion debt portfolio of the company. The Managing Director/Chief Executive Officer of AMCON, Mr. Ahmed Kuru disclosed this in an interview with the News …

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European Investment Bank plans €700m investment in Nigeria – official

 By Isaac Aregbesola   Ms Isabelle Grunderbeeck, the Regional Representative for West Africa of European Investment Bank (EIB), says the bank plans to invest 700 million euros in some identified projects in Nigeria. Grunderbeeck disclosed this at the bank’s interactive meeting with its clients and other stakeholders in Abuja on …

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NCC determines to provide quality service to subscribers – Danbatta

  By Constance Imasuen Prof. Umar Danbatta, Executive Vice-Chairman of Nigerian Communications Commission (NCC), on Monday, said the commission was determined to provide qualitative services to subscribers. Danbatta said this at a public inquiry on the transfer of licence and resources, including 800MHz spectrum from Visafone Communications Limited to MTN …

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Buhari’s budget concerns: NASS is not wrong; We’re waiting for supplementary appropriation – legislators

By Donald Ugwu The Deputy Majority Leader in the Senate, Alhaji Bala Ibn Na’allah, on Wednesday said that the National Assembly, NASS, was unperturbed by President Muhammadu Buhari’s concerns about the adjustments it made in the 2018 Appropriation Bill. Na’allah was reacting to Buhari’s criticisms during his budget signing speech …

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SERAP asks court to compel Fashola to account for spending on power

Socio-Economic Rights and Accountability Project (SERAP) has sued the Minister of Power, Works and Housing Mr Babatunde Fashola SAN over “failure to account for the spending on the privatisation of the electricity sector and the exact amount of post-privatisation spending on generation companies (GENCOS), distribution companies (DISCOS) and Transmission Company …

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FG to execute projects across the country to entrench justice, equity and fair play

The Federal Government will continue to execute projects across the country which demonstrates the sincerity of purpose of the Buhari administration towards entrenching justice, equity and fair play to all, the Budget and National Planning Minister, Senator Udoma Udo Udoma, said in Kaduna on Thursday. The Minister underscored the Buhari …

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There must be deliberate efforts to correct misconceptions concerning privatisation, commercialisation programme – Lai Mohammed

 The Minister of Information and Culture, Alhaji Lai Mohammed has decried the misconceptions on the Federal Government’s Privatisation and Commercialisation programme, saying there must be deliberate efforts to correct the misconceptions.  Speaking at a one-day orientation programme for members of the Stakeholders Engagement Committee (SEC) of the National Council on …

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