Nigeria-China trade value has hit N7.38 trillion as at June, Vice-President Kashim Shettima, said Wednesday at the China-Africa Interbank Association Forum (CAIBA) 2024 in Abuja. It was organised by First Bank Plc. The vice-president, represented by the Special Adviser to the President, General Duty, Dr Aliyu Modibbo, said China remained the country’s number one trading…
About five years after it went moribund, the Nigerian National Petroleum Company (NNPC) Ltd has announced the successful re-streaming of the Port Harcourt Refining Company (PHRC). This was disclosed in a statement by the Chief Corporate Communications Officer NNPC Ltd.,Olufemi Soneye, on the company’s official X handle. Soneye explained this achievement, marked by the commencement…
Airtel Africa has announced the appointment of Dinesh Balsingh as the Managing Director and Chief Executive Officer of Airtel Nigeria, effective November 1, 2024. By this appointment, Balsingh also became a member of the Executive Council for the Airtel Africa Group. He takes over from Carl Cruz, who returned to his home country, The Philippines,…
An estimated 2.6 billion people in Nigeria and other parts of the world are currently offline accounting for 32 per cent of the world’s population. This is down from the newly revised estimate of 2.8 billion for 2023, which represents 35 per cent of the population, according to new figures from the International Telecommunication Union…
Digital solutions provider, Globacom, and global news medium, Cable News Network (CNN), have celebrated 15 years of partnership on the sponsorship of the highly acclaimed programme, African Voices, sponsored by the telecom firm. At an event held at Eko Hotel, Victoria Island, Lagos, to mark the milestone where a special edition of the weekly magazine…
The capacity of Nigeria’s manufacturing sector to create jobs has continued on the decelerating pace with only 2,606 jobs created in the first half of 2024 (H1 2024), a 29.99 per cent reduction from H2 2023,according to the Manufacturers Association of Nigeria (MAN). MAN’s ‘Executive Summary’ of finding of the manufacturing sector’s survey for H1…
The UBA Foundation, the Corporate Social Responsibility arm of the United Bank for Africa (UBA) Group, has announced the winners of the 14th edition of its annual National Essay Competition (NEC), showcasing the brightest minds among senior secondary school students across Nigeria. At the Grand Finale event held in UBA House yesterday, Tehilah Oluchukwu Isimah…
Facebook’s parent company, Meta, has reiterated its commitment to drive foster innovation, promote digital literacy and empower young Nigerians with the tools and opportunities to realise their potential and contribute to Nigeria’s growing digital economy. Meta gave the commitment during its first Youth Summit in Lagos, a forum that brought together over 200 young professionals,…
The Banana Island community in Ikoyi, Lagos, came alive on Saturday night as Globacom, Nigeria’s leading technology company, sponsored the community’s Starlight Night to kick off the Yuletide season. Organized by the Banana Island Property Owners and Residents Association Lagos (Biporal), the 2024 Starlight Night was an evening of celebration, reflection, and gratitude. The event…
