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Tag: $400 Million

NPA Approves Reopening Of BUA’s $400m Terminal

NPA Approves Reopening Of BUA’s $400m Terminal     The Nigerian Ports Authority has given the management of BUA Group the go-ahead to open its $400m Ports and Terminal facility in Port Harcourt after shelving the seven-month-long dispute between the two parties. The company, in a statement on...

Fintech Companies Got $400m Investment In 2019 – Emefiele

Fintech Companies Got $400m Investment In 2019 – Emefiele   About $400m has been invested in fintech firms in the country in 2019, according to the Central Bank of Nigeria. The Central Bank Governor, Emefiele, who disclosed this said this development was part of initiatives to drive...

Nigeria Loses $400m Yearly To Foreign Software Developers

Nigeria Loses $400m Yearly To Foreign Software Developers   Experts have decried the huge loss Nigerian incurs annually on foreign software. According to them, Nigeria spends over $400 million annually on foreign software licence renewal without recourse to indigenous software that could perform the same task. Information and...