Microsoft invests $200m in Nigeria as FG rallies private sector

Microsoft logo. Reuters/ Mike Blake Microsoft has invested $200 million in Nigeria through its newly unveiled African Development Centre (ADC) in Lagos. The ADC is the premier engineering centre for Microsoft. The centre was created by Microsoft to serve as a base for African industry leaders to create local solutions with global scalability as well […]

Continue Reading

Examining pros, cons of regulating lawyers’ salaries in Nigeria

Photo: Twitter By Ngozi Egenuka At the beginning of this current Nigerian Bar Association (NBA) regime, the President, Olumide Akpata, released a communique on list of activities NBA would embark on to serve its members, among them was a remuneration committee. The statement introducing the committee reads: “As part of our commitment towards improving the earning […]

Continue Reading

Investors to earn over N780 billion from 2021 dividend payments

Analysts say earnings not reflecting on market performance Investors are set to earn over N780 billion as dividends from the 2021 financial year. So far, 16 companies across seven sectors – consumer goods, financial services, industrial goods, oil and gas, services, healthcare and IT – have earmarked a total of N782.192 billion as final dividends […]

Continue Reading

MPC retains lending benchmark after tough deliberations

The Monetary Policy Committee (MPC) had a tough time deciding the benchmark lending rate at its marathon meeting, yesterday. But after voting, the monetary policy rate (MPR) was retained by majority vote, alongside other parameters determining the volume of money in circulation. Governor of the Central Bank of Nigeria (CBN) and Chair of the Committee, […]

Continue Reading

Defection: Judiciary again axes 20 Cross River lawmakers

• Battle shifts to Appeal Court as Umahi withdraws stay of execution application • Lawmakers’ removal in line with spirit of law – Senator Imoke • Withdrawal complicates Umahi’s matter, says Oyebode • Issue certificate of returns to our nominees, PDP prays INEC • No cause for alarm, APC declares Justice Taiwo Taiwo of the […]

Continue Reading

Amid concerns, Buhari opens $100m new Lagos airport terminal today

Murtala Muhammad International Airport • Unions demand concession details • FAAN demolishes AIB regional office, others for parking space About eight years after its scheduled delivery date, President Muhammadu Buhari will, today, open the state-of-the-art terminal at the Murtala Muhammad International Airport (MMIA), Lagos. The terminal, estimated to be worth over $100 million, is one […]

Continue Reading

FG will continue to boost business reforms, private sector investment – Osinbajo

Photo/ facebook/professoryemiosinbajo Vice President Yemi Osinbajo has said that the Federal Government will continue to deepen business reforms and partner with the private sector to ensure wholesome national development. He disclosed this, yesterday, at the commissioning of the state-of-the-art Toyota Service and Research Facility in Lagos State. According to him, “It is important to restate […]

Continue Reading