NCC Pays Courtesy Visit to NCA in Ghana

L-R: Executive Vice Chairman/ Chief Executive Officer, Nigerian Communications Commission (NCC), Dr. Aminu Maida and Ag. Director General, National Communications Authority (NCA), Ghana, Edmund Fianko, during a benchmarking visit of the NCC to the NCA in Ghana recently.

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Topics

Fidelity Bank to Convene Strategic Panel on Export Financing at FNITCC Atlanta 2025

As part of its ongoing commitment to expanding Nigeria’s...

NEXIM Bank to Generate $5bn Yearly via Export Facilities

The Nigerian Export-Import Bank (NEXIM Bank) recently launched two intervention products targeted at promoting the country’s non-oil exports. The funds are the N500 billion Export Stimulation Facility (ESF) and the N50 billion Export Rediscounting and Refinancing Facility (ERRF). These intervention funds by Central Bank of Nigeria (CBN) are part of the efforts of the Federal Government to address the persistent overdependence of the economy on revenue from crude oil exports.

NAICOM Targets Technology to Drive Access to Insurance

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US Oil Import from Nigeria Down 67%

The United States decreased its oil import from Nigeria by 67 per cent in 2014, signaling growing economic pain and sustained pressure on foreign reserves, already down to $29.3 billion as at April 15, 2015, its lowest point since 2010. Figures from the US Department of Commerce suggest that U.S. total trade in 2014 (exports plus imports) with sub-Saharan Africa (SSA) also went down by 18 per cent to $52.1 billion compared to 2013. “In 2014, U.S. imports from SSA decreased by 32 percent, falling to $26.7 billion and representing only 1.1 percent of total U.S. imports from the world. This decrease was mostly due to a 51 percent decrease in U.S. mineral fuel and oil imports from SSA. U.S. imports from SSA originated, for the most part, from South Africa Nigeria, Angola, Côte d’Ivoire, and Chad,” the report says.

NSE Employees Give Back in CSR Initiative

The Nigerian Stock Exchange has announced that its employees...

Still on Entrepreneurship!

In the past three editions, l dwelt on the topic of entrepreneurship because readers kept asking for more. In this edition however, l consider it pertinent to showcase real-life successful entrepreneurial CASE STUDY-away from all the grammar! A case of practical example-indeed. Konosuke Matsushita: The $73 Billion Story! In 1917 in Japan, a 23-year-old apprentice (Konosuke Matsushita) worked at the Osoka Electric Light Company without any form of formal education.