Business New

Nigeria’s leading telecommunications companies have begun network upgrades, deploying $1bn in equipment from Chinese manufacturers to tackle service quality issues.

A committee comprising representatives of the Central Bank of Nigeria, the Economic and Financial Crimes Commission, the Independent Corrupt Practices and Other Related Offences Commission and the Federal Ministry of Education has been set up to monitor the disbursement of student loans across the beneficiary institutions

InDrive, a global mobility and urban services platform, has hosted its second Safety Education Summit, bringing together regulators, government agencies, and industry experts to chart a path forward for safer urban mobility through technology and collaboration.

The United States says the 17th US -Africa Business Summit yielded more than $2.5bn in new deals and commitments between US and African partners.

The African Export-Import Bank has revealed that Nigeria loses an estimated $1.1bn annually to medical tourism, a trend it described as a significant drain on the country’s foreign exchange and a major impediment to the development of its healthcare sector.

TSL SPV Plc has listed its N5bn 21 per cent Series 1 Senior Guaranteed Fixed Rate Infrastructure Bond on the Nigerian Exchange Limited, under its N50bn bond issuance programme.