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Business

Ericsson

Ericsson to open automation hub in Nigeria

Ericsson, a multinational telecommunications company, has announced plans to create an automation hub in Nigeria.

Obaseki lied, we didn’t print N60bn distributed at FAAC – FG

The Federal Government on Wednesday rubbished claims by Edo State Governor, Godwin Obaseki that it printed N60 billion which was…
Italian, German criminals now use Bitcoin

A complete guide for beginners to Bitcoin

So, you’ve heard people talk about Bitcoin. Maybe you saw a news story on TV about Bitcoin and want to…
Frank Riester French Minister of Foreign trade

France trade with Nigeria plunges: Frank Riester

French Minister of Foreign Trade and Attractiveness Frank Riester said his country's volume of trade with Nigeria last year dropped…
SEC Nigeria

That SEC circular on trading in foreign securities

SEC needs to clarify its circular on investment in foreign securities and the legality of firms offering brokerage services
Dangote Cement

Why Dangote cement is expensive in Nigeria

The management of Dangote Cement Plc. has explained the reason behind the increase in the price of its product.
Book of states highlights the advantages of Lagos. Above NIPC Executive Secretary, Yewande Sadiku (4th Left)

Lagos 7th fastest growing city in the world

Lagos state is the seventh fastest growing city in the world, with highest Gross Domestic Product (GDP) and Internally Generated…
Akin Dada: new role at Ecobank

Ecobank elevates Akin Dada

Ecobank appoints Akin Dada as Group Executive, Corporate and Investment Bank as successor to Amin Manekia, who retired in 2020.
Recruitment: Nigeria Customs Service sends message to enlisted candidates

Customs hits N159.58bn revenue in three months

The Nigeria Customs Service (NCS), Apapa Command on Monday disclosed that it generated over N159.58 billion in the first quarter…
Twitter announces arrival in Ghana

Twitter opens shop in Africa, snubs Nigeria as headquarters

By Abankula Twitter announced today it has established an African foothold in Ghana and is now hiring staff for its…
Interswitch

Interswitch begins sale of 2021 JAMB ePINs

Interswitch Group has announced the opening of its platform for the 2021 Unified Tertiary Matriculation Examination (UTME) registrations.

Jumia, others inaugurate e-commerce sectoral group 

Jumia and other e-commerce players within the Nigerian tech ecosystem have inaugurated an e-commerce sectoral group under the banners of…
China fines Alibaba group

China slams $2.5b fine on Jack Ma’s Alibaba Group

China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly…
candy products of Ruqayya Yusuf

Microbiology graduate Ruqayya Yusuf turns to candy making

Ruqayya Yusuf, a 24 year-old graduate of microbiology from Bayero University Kano(BUK), said she has found sustenance in producing home…
pedro's the rebranded Premium Ogogoro spirit

2 Nigerians rebrand local gin as Pedro’s for export market

Chibueze Akukwe and his business partner Lola Pedro are aiming higher with Pedro's palm spirit, combining traditional techniques with modern…
Abisola Olusanya

Lagos plans cattle ranches- Agric commissioner Olusanya

Lagos State, the largest consumer of red meat in the country, is planning to establish cattle ranches, to tap into…
Experts laud CBN over planned recapitalisation of banks

CBN freezes 11 bank accounts over suspicious activities

Eleven bank accounts of some companies and individuals were on Wednesday frozen by the Central Bank of Nigeria (CBN).
Sarki Auwalu, CEO of DPR, announces the withdrawal of 4 oil blocks from Addax Petroleum

Addax Petroleum loses 4 oil blocks to Emeka Offor’s Kaztec , Odukale’s Salvic

Department of Petroleum Resources revoked four licences held by Addax Petroleum and awarded them to two Nigerian firms, Kaztec Engineering…

Ogun to launch MSMEs Intervention Fund

Ogun State Government has said it will soon launch Small Scale Enterprise Intervention Fund for Technology-based businesses.
SEC approves commencement of Nigerian Breweries Plc’s Rights Issue of 22.607 billion Ordinary Shares of 50k each at N26.50 per share.

Nigerian Breweries in N7.71 billion dividend payout

Nigerian Breweries (NB) has recommended a total dividend of N7.71 billion for its shareholders for the 2020 financial year.
Shoprite sold to Persianas

Shoprite at approval stage to sell Nigerian outlets – Management

South African brand Shoprite Holdings Limited has announced it is currently waiting for approval to conclude the sale of its…

Tino Taupe: Why I want to inspire next generation brand influencers

Network marketing expert, Tino Taupe has revealed that he didn’t have the option of meeting industry leaders personally for advice,…
Oscar Onyema

Nigerian Stock Exchange: Onyema ends an era, starts another

Nigerian Stock Exchange (NSE) said Mr Oscar Onyema has completed his tenure as its CEO after 10-years. However, he is…
Mele Kyari

NNPC signs $1.5b contract for repairs of Port Harcourt refinery

The Nigerian National Petroleum Corporation (NNPC) will award contracts for the rehabilitation of Kaduna and Warri refineries at the end…

Forbes officially declares Kim Kardashian a billionaire

American Reality TV star, Kim Kardashian has been officially declared a billionaire by Forbes magazine.
Orel Shitrit

How I leveraged social media to attain massive success – Orel Shitrit

Orel Shitrit, social media influence, entrepreneur, and former MMA fighter, is reaching out during the pandemic and lending a hand…
Ibom Air

Ibom Air to extend flight to Gambia

Governor Udom Emmanuel has announced that the state-owned Airline, Ibom Air will extend its flight operations to the Gambia and…
Alhaji Mohammed Abdullahi

How Nigeria can develop sophisticated technologies – Minister

The Minister of State for Science and Technology, Alhaji Mohammed Abdullahi, has said that the strides the ministry had made…
LG electronics

LG announces shutdown of mobile phone business

The South Korean electronics manufacturer, LG Electronics officially announced the shutdown of its mobile division worldwide.
MTN Nigeria Communications Plc generates N1.0 trillion in service revenue in first quarter of 2025, a 40.5 per cent increase from Q1 2024.

USSD war: MTN bows to pressure

MTN Nigeria has finally revert commercial banks’ commission to 4.5 percent after its customers were disconnected from banking channels including…
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