nigerian news update

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    Business DMO Releases FGN Bond Issuance Calendar for Q1, 2018 –

    The Debt Management Office (DMO) has released the federal government Bond Issuance calendar for the first quarter 2018. According to the agency, the calendar is intended to enable investors plan their investment activities for the quarter as well as raise funds for the government. The Bonds have...
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    Business Internet solutions connects to Microsoft Azure network –

    Pan-African Internet services provider, Internet Solutions has incorporated its CloudConnect colocation connectivity solution into Microsoft’s Azure ExpressRoute network. With Internet Solutions’ carrier infrastructure, Azure ExpressRoute users in Africa will link directly to the Microsoft Cloud...
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    Business Oil rally fuels optimism for new financing deals –

    Crude oil prices yesterday came a short crawl away from $70 per barrel fuelling optimism that abandoned oil assets may soon come on stream as financial institutions demonstrate renewed appetite to refinance loans and lend to the sector. Shoreline Energy International, an indigenous oil producer...
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    Business MPC to retain interest rate at 14% — Emefiele –

    Okechukwu The Governor of Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has said he expects Monetary Policy Committee, MPC, to retain interest rate at 14 per cent at next week’s MPC meeting. Emefiele The MPC meeting has been scheduled to hold January 22 to 23, 2018. The … via Vanguard...
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    Business Manufacturing a mobile phone requires 400 components, none is available in Nigeria –...

    Samsung Electronics has said that one of the reasons for not establishing a manufacturing plant in Nigeria is because its market share in the country is not big enough. Mr Sung Yoon, the Chief Executive Officer of Samsung Electronics Africa, made this known during an interactive session with...
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    Business Federal govt sues JP Morgan for $875 million over Malabu oil deal –

    Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country’s former oil minister. A spokeswoman for JP Morgan dismissed the accusation on Thursday, saying...
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    Sports Neymar will not leave Paris Saint-Germain – agent – TODAY.NG

    Paris Saint-Germain players live in "a sort of golden cage" and no club will prise Neymar away, the former agent of PSG midfielder Marco Verratti has claimed. via TODAY.NG – http://ift.tt/2EVW7Fo -------------- Get More Nigeria Sports News
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    Business Intel Claims 90 Percent of Affected CPUs Have Live Patches Just as Rumors of New Attacks...

    This morning in a press release, Intel announced that it has “issued firmware updates for 90 percent of Intel CPUs introduced in the past five years.” But it’s possible the flurry of patches is just beginning. These Intel CPU updates patch major vulnerabilities known as Meltdown and Spectre, …...
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    Business Partech Ventures launch $70 million African tech fund – IT News Africa news alert

    Cyril Collon and Tidjane Dème, the two General Partners dedicated to Partech Africa. On 18 January 2018, global investment firm, Partech Ventures, announced the launch of its Partech Africa fund, which has already secured above $70 million towards its target size of $120 million, making it the …...
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    Business Huawei Phones Will Now Offer Android Messages App By Default –

    Google has announced that its Android Messaging app has been selected by Huawei as its default messaging app. This means that Huawei’s upcoming smartphones will offer the Android Messages app as the default messaging app in all markets. It’s a win for Google as the company continues to expand...
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    Sports Jose Mourinho wants Alexis Sanchez in his Manchester United squad for Burnley clash on...

    Jose Mourinho ‘not unconfident’ over Alexis Sanchez chase Hayters Manchester United hope to hand Alexis Sanchez his club debut this Saturday (20 January) when they take on Burnley. The 20-time English champions are believed to have agreed personal terms with Sanchez with Arsenal manager Arsene...
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    Sports How Rooney made me join Everton – Theo Walcott –

    England international, Theo Walcott, has been speaking on his move from Arsenal to Everton and he has revealed the key role played by one of his erstwhile national teammate, Wayne Rooney. Walcott, 28, completed a move from Arsenal to Everton Wednesday in a deal reportedly worth £20 … Via...
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    Business Africa’s GDP recovery expected to grow by .5% in 2018 –

    Africa is expected to see a recovery in Gross Domestic Product (GDP) growth from its present 3.0 per cent to 3.5 per cent in 2018. This is according to a statement obtained from the UN Economic Commission for Africa (ECA) website on Wednesday in Abuja. Africa’s … via BusinessDay : News you...
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    Business Naira exchanges at N360.56 against dollar at investors’ window – .

    The Naira on Wednesday traded at N360.56 against the dollar at the investors’ window, the News Agency of Nigeria (NAN) reports. The Nigerian currency was sold at N362 to the dollar at the parallel market, while the Pound Sterling and the Euro closed at N492 and … via BusinessDay : News you...
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    Business Yesterday’s flash crash in the price of bitcoin explained –

    Individual using a bitcoin ATM Cryptocurrency markets around the world were yesterday thrown into panic yesterday when bitcoin fell 28% yesterday, breaking below the $10,000 floor. Ripple fell by 46%, while ethereum lost 30%, dropping below the $1000 floor. This led to over $400 billion being...
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    Business BusinessDay set to unveil 50 most influential Nigerians of 2017 –.

    As the year 2018 begins on an upbeat note, BusinessDay has announced it will be publishing an annual list of the 50 Most Influential figures in Nigeria for the preceding year. This inaugural list is a compilation of individuals whose impact was most keenly felt by … via BusinessDay : News...
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    Business Itanna looks to help African startups raise as much as $5m without going to Silicon Valley - TP

    When two giants combine efforts, the result is usually enormous. Such is the case for the African Economic Revolution Fund (AERF) and renowned Nigerian conglomerate, Honeywell Group. Both have partnered to invest in African startups through the creation of Itanna. Olivier Frendo, the co-founder...
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    Business Anosike, Daily Times Publisher, Remanded In Prison Custody Over Alleged Fraud –

    The publisher of Daily Times Newspaper, Fidelis Anosike, has been ordered to be remanded in prison custody by a chief magistrate court in Abuja. Also remanded in prison is the managing director of the company Noel Anosike. Both men were arrested on Monday by the police following a complaint of...
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    Business The world of female startup founders in Nigeria –

    So, when we hear startup founders, the male folks comes to mind right? ,Yes they dominate the startup ecosystems but we have a good number of females who have turn ideas into successful start-ups. And today we will take a look at eight of them with fantastic projects Bilikiss Adebiyi, founder …...
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    Business Google will penalize websites that load slowly on phones – CNET –

    Google headquarters in Mountain View, California Stephen Shankland/CNET Want people with phones to find your website? Better make sure it loads fast, because otherwise Google will punish you in its search results. Google long has given fast-loading web pages preferential placement in search...
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