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FG restates commitment to Special Economic Zones

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The Federal Government has assured the strategic investment partners and advisers in the Nigeria Special Economic Zone Investment Company Limited (NSEZCO) of its commitment to the development of special economic zones across the country. The assurance was given by Vice President Yemi Osinbajo, at a meeting with the representatives of

Computer Village traders protest against appointment of Iyaloja

Activities at the office of the Lagos State Governor, Akinwunmi Ambode, were halted when hundreds of traders from Computer Village, Ikeja, protested against the planned installation of Iyaloja and Babaloja by the State Government for the market. Vanguard gathered the traders under the aegis of Computer and Allied Products Dealers Association

Microsoft opens $100m Development centre in Lagos

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Microsoft has opened the Nigerian site of its first Africa Development Centre (ADC), in Lagos state. The centre, which is Microsoft’s seventh globally, is recruiting world-class African engineering talent to develop innovative solutions that span the intelligent cloud and intelligent edge. Increased Microsoft presence in Africa will empower partners and customers as

Coca-Cola drop plans on re-franchising Africa Bottling Unit

Coca-Cola Co said it has dropped plan to refranchise its Africa bottling business, Coca-Cola Beverages Africa (CCBA) and would instead keep its majority stake in the unit for the time being. Coca-Cola said in a statement it had discussions with a number of potential partners over the issue. Coca-Cola HBC and rival

FIRS generates N1.5tn in Q1 of 2019, says Fowler

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FIRS boss, Fowler reveals how much it made in the first quarter of 2019. The Federal Inland Revenue Service ((FIRS) generated N1.5 trillion revenue in the first quarter (Q1) of 2019, according to its Chairman, Mr Babatunde Fowler. Fowler disclosed this to the News Agency of Nigeria (NAN) in New York at

Senate confirms Emefiele as CBN governor

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Godwin Emefiele has been confirmed as Governor of the Central Bank of Nigeria (CBN) for a second term, by the Nigerian senate. The Senate Committee on Banking, Insurance and Other Financial Institutions, screened him on Wednesday during which he was grilled on issues affecting Nigeria’s economy. The screening exercise came after the

CBN Governor: Senate screens Emefiele

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The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, on Wednesday appeared for screening before the Senate Committee on Banking, Insurance and other Financial Institutions following his re-nomination by President Muhammadu Buhari for a second term last week. In the executive communication, the Senate President, Dr Bukola Saraki acknowledged that Emefiele