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Latest Orient Daily News Business News: Read All The Breaking News, Personal Finance, Nigerian Financial Markets and Global Economic News. Get Business Insights and Analysis into Nigerian Stock Markets & Global Economic Markets.
Africa Fintech Foundry, Access Bank plan tech roundtable
The Africa Fintech Foundry (AFF) has announced that its first AFF Roundtable Talk holds on Friday, March 26, 2021.
The quarterly event, being organised in partnership with Access…
Telcos reject banks’ request for SIM swap list
telecommunication companies have rejected demand by the Nigerian Electronic Fraud Forum (NeFF) and banks to submit lists of SIM Swap customers to Nigeria Interbank Settlement System (NIBSS)…
Union Bank Declares N25bn Profit
Union Bank has declared N25.4 billion profit for the financial year ended December 2020, according to its audited financial statements.
The Profit Before Tax (PBT) grew from N24.7bn…
Senate queries Finance Ministry Over N2.77bn Service-Wide Vote
The Senate Committee on Public Accounts has queried the Ministry of Finance over failure to account for N2.77billion released from the service-wide vote.
The panel hinged the query on…
The Central Bank of Nigeria (CBN) raises the COVID-19 targeted facilities
The Central Bank of Nigeria (CBN) has raised the COVID-19 targeted facility for Small, and Medium Enterprises (SMEs) and households from N150bn to N300bn to enable more Nigerians benefit.
…
Data as the real asset of the digital economy
Data protection is the nucleus of digital economy, the CEO of Data Services Protection Limited (DSPL), Mr. Tunde Balogun, has said.
Balogun, who is also the convener of the Association…
How much fund, Can Revive SMEs, Informal Sector
With more funding and deliberate financial inclusion policies by the federal and state governments as well as the private sector, there is a tendency for the informal sector to thrive in…
There’s Big Fortune In Bladesmithing – Mubi Youths
As locally made kitchen knives continue to lose glory in the household chore to imported one from China, our reporters spoke with some local bladesmith in Mubi town of Adamawa State, who…
ExxonMobil Force Majeure Over Gas Flaring Cuts 70% Of Akwa Ibom Revenue
A force majeure declared by oil giant ExxonMobil on Qua Iboe Terminal over gas flaring has cut off 70% of Akwa Ibom’s revenue, the state has announced.
Finance commissioner Linus Nkan…
Airtel secures $200m equity investment
Airtel Africa Plc has signed agreement with The Rise Fund under which The Rise Fund will invest $200 million in Airtel Mobile Commerce BV (AMC BV), a wholly owned subsidiary of Airtel…
Airtel Africa secures $200m mobile money investment
AMC BV is currently the holding company for several of Airtel Africa’s mobile money operations; and is now intended to own and operate the mobile money businesses across all of Airtel…
Nigeria’s public debt rose to N32.9tn in Dec – DMO
Nigeria’s total public debt rose to N32.9tn at the end of December 2020, the Debt Management Office said in a statement on Monday.
From its last report on public debt, the figure…
Okonjo-Iweala tasks Nigeria on huge trade potentials
By Our Reporter
The director general of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, yesterday urged the Nigerian government and Nigerians to leverage on the country’s…
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NIWA targets 1,000 containers in 96 hrs Lagos/Onitsha delivery
By Praise Necherem
The Nigerian Inland Waterways Authority (NIWA) says it is targeting about 1,000 containers to be hauled per trip from Lagos Ports to Onitsha River Port within the…