9mobile in Fresh Trouble, Dragged to Court over N4.56b Debt

By Adedapo Adesanya President Bola Tinubu on Wednesday departed Abuja for Dubai, the United Arab Emirates, to attend the COP28 Climate Summit which takes place from December 1 —2, 2023, with the theme Unite, Act, and Deliver. According to the presidential spokesman, Mr Ajuri Ngelale, the President will be using the platform to advocate for funding as well as technical support to tackle the array of climate problems facing the country. He said Mr Tinubu was “mindful of the severe impact of climate change on Nigeria, such as desertification, flooding, erosion, drought, and national security risks arising therefrom, will maximise

By Adedapo Adesanya Fils has launched a platform to help global businesses turn intent into action when integrating sustainable values into the core of digital payments. The new innovation paves the way for trust and safety in carbon markets, bringing together buyers with capital, and suppliers with high-integrity carbon credits, at the rate and scale required to rebalance the planet.  Designed as a holistic, enterprise-grade B2B2C product offering, Fils leverages the power of leading technologies for its end-to-end infrastructure to transform various industries, including financial services, hospitality, and e-commerce. This makes it easier for businesses to act on the core

By Aduragbemi Omiyale The Oyo State government has maintained that its decision to register all commercial motorcycle and tricycle riders in the state was to promote public safety and not for any other purpose. The Commissioner for Information and Civic Orientation, Mr Dotun Oyelade, said this during a one-day sensitisation meeting with Okada and Keke riders in Ibadan. He explained that the meeting became necessary following a recent state security council meeting, noting that the exercise will help in the documentation of riders in the state. The Commissioner called for sustained cooperation between motorcycle and tricycle riders and the state

By Modupe Gbadeyanka Africa’s leading payments technology company, Flutterwave, has been chosen to drive the digital transformation efforts of Standard Bank Group, the continent’s largest bank by assets. With this development, Flutterwave will enhance digital payments experiences for the lender’s customers in Nigeria, Zambia, Tanzania, Uganda, Ghana, Mauritius, Cote D’Ivoire and Malawi. A statement from the bank said both parties are collaborating to build e-commerce, card issuing, payments, collections, USSD, lending, and buy-now-pay-later capabilities for millions of Africans. The integration will help customers including individuals, SMEs, large companies and institutions to fully leverage the power of digital payments and e-commerce

By Adedapo Adesanya President Muhammadu Buhari has signed the Instrument of Ratification for ILO Convention No.190 on Violence and Harassment. Convention No. 190 is the first international labour standard to address violence and harassment in workplace. Together with Recommendation No. 206, it provides a common framework for action and a unique opportunity to shape a future of work based on dignity and respect. These instruments will be key to achieving the objectives set by the ILO Centenary Declaration on the Future of Work, adopted in 2019, which clearly commits to a world of work free from violence and harassment. Following

By Modupe Gbadeyanka In order to achieve its core mandate of providing sustainable financing to Micro, Small, and Medium Enterprises (MSMEs) across the country, the Development Bank of Nigeria (DBN) has reorganised its board. The nation’s primary wholesale development finance institution has added two experts to its board and they are Mrs Ijeoma Ozulumba and Mr Kyari Abba Kyari, who will serve as executive director and independent non-executive director respectively. Chairman of the board, Mr Shehu Yahaya, explained that the appointments of the duo would further strengthen DBN’s vision, maintaining that the bank would continually uphold the highest standards of

By Jerome-Mario Chijioke Utomi That their surnames (Okowa and Okonta) sound similar and familiar could be enough incentive for one to hastily allege the existence of a biological family line. But in the actual sense of it, this particular occurrence was but a sheer coincidence or betters still, a natural order of things. As we know, Governor Ifeanyi Ekumeme of Delta State hails from Owa Alero, Ika North East Local Government Area of Delta State. He is the first Anioma son to lead the state. Anioma, designated Delta North Senatorial district, means the ‘good land’ with 9 local government areas.

By Adedapo Adesanya On Monday, August 19, 2019, the Investors and Exporters (I&E) segment of the foreign exchange market closed with the Naira appreciating 0.03 percent or 30 kobo against the US Dollar. The local currency was quoted at N363.32 to one Dollar at the market window in contrast to N363.62 it was exchanged at the last trading session. At the market segment yesterday, the daily turnover was recorded at $253.70 million. This was as President Muhammadu Buhari cleared the air that there was no ban on forex for food imports. At the Central Bank’s interbank market, the Naira saw

By Dipo Olowookere Transactions at the nation’s secondary market for treasury bills were bullish on Thursday, October 10, 2019 as investors continue to chew the 2020 budget presented by President Muhammadu Buhari on Tuesday. A day after submitting his budget proposal to a joint session of the National Assembly for the 2020 fiscal year, Mr Buhari finally inaugurated his Economic Advisory Council led by Prof Doyin Salami. At the event, he said global bodies like the World Bank, International Monetary Fund (IMF) and others were churning out inaccurate figures about Nigeria, charging his economic team to make data collection as

By Dipo Olowookere A total of 11,886,823,200 ordinary shares of 50 kobo each of Cement Company of Northern Nigeria (CCNN) Plc have been listed by the Nigerian Stock Exchange (NSE). This followed the approval of the application filed by the cement manufacturer to list these shares on the trading platform of the local stock exchange. The 11.9 million ordinary shares of CCNN came up from the scheme of merger between the company and Kalambaina Cement Company Limited. Business Post reliably gathered that the application filed by CCNN was approved by the management of the NSE on Friday, December 21, 2018.

By Dipo Olowookere The Nigerian Stock Exchange (NSE) closed 0.13 percent lower last Friday despite the mood of the market closing positive. At the session, the market breadth closed positive with 15 price gainers as against 13 price losers, but the losses printed by Dangote Cement and MTN Nigeria supressed the gains recorded by the likes of Zenith Bank and GTBank. Dangote Cement, which led the losers’ chart, fell by N3.40 to N125 per share, while MTN Nigeria lost 80 kobo to finish at N92 per share. C&I Leasing depreciated by 60 kobo to sell at N5.60 per unit, Nigerian