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Business

Jumia

Jumia records 38% profit increase, as active users hit 6.8 million

Africa’s leading e-commerce platform, Jumia recently announced its financial results for the quarter ended June 30, 2020 with the report…

Lagos establishes farming enterprises to train students

Lagos State Government has said that it has established different farming enterprises to train and teach students in modern farming…

RHD Virus hits Nigeria, government urged on actions

As the world currently battles to save humanity from the cold hand of deadly novel Coronavirus (COVID-19), the farm animals’…
Shoprite sold to Persianas

Nigerian Judge to Shoprite: You have $10m to pay before leaving Nigeria

The Federal High Court in Lagos has made an order stopping Shoprite Checkers (PTY) Limited from disposing of or transferring…
Shoprite sold to Persianas

Shoprite served court order not to transfer $10m assets

Shoprite Checkers (PTY) Limited has been given an order of mareva injunction by a Federal High Court in Lagos, barring…

Oil prices rise on back of China’s huge booking for US crude

Oil prices rose on Monday as China’s plans to ship in large volumes of U.S. crude in August and September…

Daukoru resumes as NLNG chairman

Former Nigerian Minister of State for Energy, Edmund Daukoru has formally assumed duty as chairman of the board of directors…

Video: Nigerian traders complain of ill-treatment in Ghana

Nigerian traders are back in the public court again, to report the ill-treatment being meted out to them in Ghana.

Forex expert says COVID-19 boomed trading

A fund manager, Mr Stano Emmanuel stated that the COVID-19 pandemic has attracted many players to forex trading.
Russian court fines Telegram over banned content

Telegram launches video call service

Instant messaging app, Telegram, has launched a video call service as part of activities marking its seventh anniversary.
Onne Port, Port Harcourt

Biggest container ship ever to come to Nigeria berths in Onne (Photos)

The Nigerian Ports Authority on Saturday announced the successful berthing in Onne Port, Rivers state, of the biggest container vessel…

Sanwo-Olu okays 20 percent reduction in Apps Companies’ operational fee

The issues surrounding the new Lagos State Government’s guidelines for the regulations e-hailing taxi services have now been put to…

DBN set to hold 2020 Edition of Entrepreneurship Training Programme

In a demonstration of its commitment to provide capacity building for Micro, Small and Medium Enterprises in Nigeria, Development Bank…
Dr Akinwumi Adesina AfDB President.

Africa’s outlook positive, AfDB officials tell Indian investors

The groundwork has been laid for Indian investors who are looking to invest in Africa, following a Conference on Innovative…

Oil prices rise, head for weekly gain

Oil prices advanced on Friday and were heading for the second week of gains amid growing confidence that demand for…

Siemens AG overhaul of Nigeria’s power grid excites investors

Siemens AG’s overhaul of Nigeria’s electricity grid is attracting interest from private companies seeking to invest in power production, the…

Stallion’s Bajaj storms Nigerian cities with ‘Keke’ rally

Stallion Bajaj has revealed in Lagos, Nigeria that the firm will be flagging off what it described as the “First…
Ecobank Group opens 2022 Fintech Challenge with $50,000 for grabs

Ecobank Nigeria launches Business Banking App – Omni Lite App

Ecobank Nigeria has launched an Application for Businesses, known as Omni Lite App, targeted at enhancing the banking experience of…

Rolake Akinkugbe-Filani joins African Energy Chambers advisory board

Rolake Akinkugbe-Filani, a leading and prominent African energy expert and finance executive has joined the African Energy Chamber’s advisory board

Lagos begins Agric-YES Summer School for public school students

Lagos State Government will on Monday, August 17 begin the 2020 Agricultural Youth Empowerment Scheme (Agric-YES) Summer School Programme for…

Seplat, Presco, Guinness gain as investors await interim dividends

Seplat, Airtel Africa, Presco, Okomu Oil and Guinness were among stocks that appreciated Wednesday as Nigerian Stock Exchange (NSE) posted…

The making of Nigeria’s top jeweler, Sherifat Mohammed

Beautiful wife and mother, Sherifat Mohammed who is the Chief Executive Officer of BOZ Jewelry has entrenched herself as a…

Rivers Lawmakers approve N18bn loan for Wike

The requested loan of N18 billion facility from Access Bank by Governor Nyesom Wike tabled on floor of the Rivers…
FCMB

In Q2, FCMB sustains new strengths

First City Monument Bank (FCMB) sustained new strengths in operations in the second quarter despite the challenges of the Covid-19…
Innoson enmeshed in controversy as NAN returns new bus

We make all carcass of our vehicles locally – Innoson

The Chairman, Innoson Vehicle Manufacturing Company (IVM) Chief Innocent Chukwuma has said the company uses 60 percent of locally manufactured…

Stanbic IBTC Outlines Strategies For Safeguarding Financial Future

As the world continues to adapt to the ‘new normal’ inspired by the COVID-19 pandemic, Nigeria’s leading financial services provider,…

Richard Laing named ExxonMobil boss in Nigeria

ExxonMobil on Saturday announced the appointment of Richard Laing as Chairman and Managing Director of its three affiliates in Nigeria.
NUPENG, electricity workers mobilise for planned strike

JUST IN: Fuel scarcity imminent, as NUPENG begins strike in Lagos Monday

Fuel scarcity is imminent, as the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has ordered fuel tanker drivers…

You will hurt Americans more: Canada blasts Trump over aluminium tariff

Canada's deputy Prime Minister Chrystia Freeland said the first casualties of the 10 percent aluminium tariff reimposed by President Trump,…

Buhari signs new Companies and Allied Matters law (Some Details)

President Muhammadu Buhari Friday in Abuja assented to the Companies and Allied Matters Bill, 2020 recently passed by the National…
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