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Business

AMCON files debt recovery suit of N140.6m against ex-Bank PHB boss

Ex-Bank PHB MD Atuche jailed six years over N25.7bn fraud, wife acquitted

An Ikeja High Court has sentenced Francis Atuche, a former Managing Director of the defunct Bank PHB (now Keystone Bank)…
Jumia Nigeria CEO, Massimiliano Spalazzi

50% of Jumia sellers in Nigeria, Kenya are women entrepreneurs

Jumia collaborated with the International Finance Corporation (IFC), alongside the European Commission and Kantar Public, on a report titled Women…
Market

MTN warns of service disruption in Nigeria

MTN has warned that its service in Nigeria could be disrupted as a result of rising insecurity in different parts…
Ecobank Nigeria Unveils “Enduring Legacies”: A Grand Tribute to the Masters of Nigerian Art

Ecobank partners Linda Ikeji’s self-made woman conference

Ecobank Nigeria is going to partner with the media entrepreneur and blogger, Linda Ikeji to host her ‘Selfmade Woman Conference…

Hair business lucrative, competitive – Nkem Tonweh

The demand for hair extensions in the Nigerian markets is sky-rocketing everyday. Therefore, the hair extension business is a viable…

My mother inspired my journey into entrepreneurship – Joyce Imiegha

To the uninitiated, Joyce Imiegha is best described as, “Joyce has done it all.”
Emirates resumes operations as Nigeria, UAE resolve differences

Emirates Airline posts first ever annual loss

Dubai-based Emirates Airline on Tuesday posted a $5.5 billion annual loss, its first in more than three decades.
D-G of WTO, Dr Ngozi Okonjo-Iweala says Seven Trade support programmes for will boost Nigeria’s export of sesame and cowpea products.

Okonjo-Iweala: Pandemic related trade barriers increasing

Ngozi Okonjo-Iweala, the head of the World Trade Organization said trade barriers related to medical supplies used against COVID-19 have…
Italian, German criminals now use Bitcoin

Ways you can lose your Bitcoin

Since people started buying, selling, trading and investing in Bitcoin, some have lost their virtual money forever

Gebeya Inc launches pan-African talent marketplace

Gebeya Inc. on Monday, announced the launch of its revamped marketplace, the first of its kind in terms of reach…
Buhari and Twitter

Buhari leaves young Nigerians in the cold with Twitter ban

Scores of small and medium-sized businesses across Nigeria are reeling from the indefinite suspension of Twitter
AfDB President Akinwumi Adesina: speaks on managing Nigeria's diversity for collective good

AfDB launches $463.9m Kangaroo bond

The African Development Bank(AfDB) launches a A$600 million (US$463.9 million) 5.5-year Kangaroo bond, its first since 2018

Lagos partners foreign investors for annual international water conference

Lagos State Government has disclosed that one of the the major purpose of organizing an international water conference for industries…

At Last, Dangote Urea Fertilizer Hits Nigerian Markets

 Dangote Urea fertilizer finally hits the Nigerian markets. In fact, the company pushes out a minimum of 120 trucks per…

Global Financial Wealth soars to record high of $250trn in 2020

Global financial wealth reached an all-time high of $250 trillion in 2020 as household savings rose and markets showed unexpected…
Buhari: dragged to Commonwealth

Performance of Nigeria’s economy unsatisfactory – Buhari

President Muhammadu Buhari on Friday said he was not satisfied with the performance of the nation's economy despite exiting a…

Agriculture, key to Africa’s quest for continued growth, sustainability

Africa cannot achieve self-sufficiency in agriculture without engaging and building the capacity of its smallholder farmers.
Nigeria shops for new lenders for Ibadan-Kano rail project

Nigeria shops for new lenders for Ibadan-Kano rail, dumps China offer

The Federal Government is shopping for new loans to finance its Ibadan-Kano rail project which will cost about $11 billion.

Jumia marks 9th anniversary of E-commerce in Nigeria

Jumia is celebrating nine years of e-commerce journey with a sales campaign aimed at celebrating customers, sellers, and partners on…

DBN reiterates commitment to environmental sustainability

The Development Bank of Nigeria (DBN) has reiterated its commitment to sustainability with a pledge to entrench positive environmental practices…
Ms Patience Oniha, DG Debt Management Office(DMO): debt servicing gulps N1trillion in 3 months

Nigeria’s debt servicing gulps N1t in 3 months, debt stock hits N33t

Nigeria’s Public Debt Stock hit N33.107 trillion (about $87.239 billion as at 31 March, while debt servicing gulped N1trillion .
Completion date for Dangote refinery announced

Dangote announces completion date for giant refinery

The Dangote Group said its 650,000BPD refinery project under construction in Ibeju Lekki, Lagos will be completed by end of…

Mambilla Power Project: Sunrise demands $400m compensation from FG at ICC

The Mambilla Power Project has suffered another major setback as Sunrise Power Transmission Company of Nigeria Ltd (SPTCL) has filed…
Bitcoin effects on banking industry

China orders Bitcoin miners to shut down

China has shut down Bitcoin miners in Xinjiang province, one of the major economic and technological development zones in the…
El Salvador President Nayib Bukele: country becomes first to adopt bitcoin as legal tender

JUST IN: El Salvador adopts Bitcoin as legal tender, first in the world

El Salvador becomes the first country in the world to adopt the cryptocurrency Bitcoin as legal tender, after the approval…
TEN to empower 40 million Nigerians

TEN to empower 40 million Nigerians

The Empowerment Network (TEN), an arm of The Isaiah Wealth Initiative (TIWI) in Lagos, gave financial support to 50 beneficiaries…
Razzaq Abiodun new CEO for LASACO

LASACO appoints Razzaq Abiodun as CEO

Lasaco Assurance Plc. Board of Directors has announced the appointment of Mr Razzaq Abiodun as Managing Director/Chief Executive Officer .
Nigerian Stock Exchange

Bulls seize Nigerian Stock Exchange, market cap gains N102b

The bulls returned to the Nigerian stock market on Tuesday with investors’ net worth appreciating by N102 billion on bargain…
Abiodun Afolabi collected the award for TotalEnergies

TotalEnergies wins big at NIPS gala night

TotalEnergies has won the 2020 fully Integrated Company of the year award in the Nigeria oil and gas sector.
Airtel

Airtel Nigeria rolls out ‘HBB seasonal offer’

Airtel Nigeria has announced the introduction of its HBB Seasonal Offer, a value offering that offers customers exciting discount deals…
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