Bitcoin Cryptocurrecy

Two in court over alleged N10m Bitcoin scam

Two men, who allegedly obtained N10 million on the pretext of exchanging it for $30,000 worth of bitcoin, on Thursday appeared before a Yaba Chief Magistrates’ Court in Lagos. The accused, Ransome Ajom, 32, and...
Lekki Ikoyi Bridge

Lagos State Public Private Partnership

Introduction On 24 June 2011, the Lagos State Government passed into law the Public Private Partnership Law 2011 (PPP Law). The PPP Law which is the State Government’s latest attempt to further refine the legal...
Uber app news

Uber is Suing an Ad Agency for Fraud

Ride-hailing service Uber Technologies Inc. is suing an ad agency for fraud, thanks partly to a post on Breitbart News. Uber is taking Fetch Media Ltd. to court for click fraud. The company says the...
Grants and Loans

Is China taking advantage of Nigeria with loans and grants?

The Chinese have provided grants for major infrastructure projects, but that has only opened the doors to more sub-standard products and a trade imbalance. One of the most common Nigerian stereotypes is that you will...
Oando Image

Shareholders seek fair investigation on Oando crisis

Following the directive given to the Securities and Exchange Commission (SEC) by the House Committee on Capital Market and Institutions to investigate allegations of financial impropriety and mismanagement of Oando Plc, shareholders of the...

CAC now registers foreign investors from UK, USA, China — Muhmud

THE Corporate Affairs Commission, CAC, says it has made provisions for foreign investors planning to invest in Nigeria to register their companies from UK, USA and China without coming into the country. Registrar-General of CAC,...
Sukuk fund

The 25 projects Nigerian government would be funding with its 100bn Sukuk fund

These are strategic economic road project across the country. play This is the first sovereign Sukuk bonds issuance by the Nigeria. The Federal Government of Nigeria (FGN) has released the proceeds of its first...
Nigerian economy

Three reforms expected to enhance business activities in the country.

The Presidential Enabling Business Environment Council (PEBEC) has kicked off the National Action Plan 2.0, which is aimed at increasing the global competitiveness of the Nigerian economy. The plan, tagged NAP 2.0, is the...
KPMG

How Nigeria can attract huge foreign direct inflow

For Nigeria to attract meaningful Foreign Direct Investment (FDI) and enhance competitiveness, government must articulate an integrated policy that would unlock rapid development of transport infrastructure in Nigeria. This formed highlights of a new report...
Eko Jetty

Lagos Midstream Jetty To Save N43bn Annually

ASPM Limited, a subsidiary of OVH Energy Limited, has achieved a ground-breaking milestone as it launched its Lagos Midstream Jetty (LMJ) located at the Lagos Apapa Harbour. The Lagos Midstream Jetty is West Africa’s first...