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Business

‘Consult Embassy before business venture in Dubai’ – Ambassador says

The Nigerian Ambassador to the United Arab Emirates (UAE), Mohammed Rimi, advised Nigerians coming to Dubai for genuine businesses to…

Jumia suspends business in Cameroon

Online retailer Jumia Technologies, often called “the Amazon of Africa”, said it suspended its e-commerce platform activities in Cameroon on…
Petrol

Buhari govt subsidises petrol at N18.68K per litre

The Buhari administration, through the NNPC is subsidising petrol consumption at N18.68K per litre as the Petroleum Products Pricing Regulatory…

Nissan recalls nearly 400,000 vehicles in the United States

Japan’s Nissan Motor Co. Ltd (7201.T) announced that it will recall 394,025 cars in the United States of America over…

Vandals hit Nigeria’s oil export Nembe trunk line , Aiteo says losses huge

Sustained economic sabotage by vandals on Nigeria's oil-exporting Nembe Creek Trunk Line (NCTL) has led to significant losses in production,…

Jaiz Bank declares N1.25bn profit after tax

Jaiz Bank Plc, Nigeria’s premier non-interest (Islamic) bank has once again shown its capability of rounding up the year positively…

Samsung Galaxy Fold sells out in Nigeria

Samsung Nigeria said the highly anticipated foldable device is a hit with Nigerians as the first batch released has already…
Apple Inc

Apple Inc. now bigger than Chevron, ExxonMobil, ConocoPhillips combined

Apple is now valued more than the entire US energy sector, according to analysts at Bank of America Merrill Lynch.

Unusual Entrepreneur partners Ecobank; announces second cohort

The Unusual Entrepreneurship Programme has entered into a strategic partnership with Ecobank Nigeria to provide all banking support and funding…

China’s Alibaba group to back 4 Nigerian tech entrepreneurs

China's second richest man, Mr Jack Ma said his Alibaba Group will support four technology entrepreneurs in Nigeria, among the…

Photos: Jack Ma, China’s second richest man in Nigeria

Jack Ma, China's second richest man and founder of online e-commerce juggernaut, Alibaba has arrived in Nigeria to attend the…

$600m loan for Ghana to boost cocoa products

African Development Bank, Credit Suisse, Industrial and Commercial Bank of China and Ghana Cocoa Board have signed a $600 million…

AIICO issues red alert about scammers

Nigeria's leading insurance company, AIICO has issued a red alert about scammers using its name and brand to solicit for…

Zedcap Partners Bags Best Brokerage Service Award

Zedcap Partners Limited (ZPL), the Securities Brokerage arm of Zedcrest Capital Limited was adjudged the Best Brokerage Service firm in…

Nigeria’s Interswitch hits $1billion valuation with Visa investment

Nigeria's digital payments firm Interswitch said Visa has acquired a minority equity stake in the firm, TechCrunch has reported.
Trump

Oil prices gain as market awaits signals on U.S.-China trade talks

Oil prices rose on Tuesday, reversing early losses on hopes that U.S. President Donald Trump may signal progress on trade…
Ecobank

Ecobank adopts Growth Strategy, targets strong ending for 2019

Apparently to grow its deposits portfolio, Ecobank has made some moves in recent times. The Pan- African Bank with a…

AfDB eyes $67b at Johannesburg’s Africa Investment Forum

The Africa Investment Forum is making phenomenal progress in attracting interest from all over the world since launching at the…

Tizetti launches 4G LTE network, extends service to Rivers, Edo, Ogun states

Tizeti, Nigeria's pioneer solar-based internet service provider, has launched its 4G LTE network in Nigeria, with the plans to extend…

Africa Investment Forum opens in Johannesburg today

The second edition of the Africa Investment Forum, organised by the African Development Bank, began today in Johannesburg, South Africa.…
Aliko Dangote

Video: Dangote rice mill springs up in Saminaka, Gov. Bagudu excited

Gov. Atiku Bagudu of Kebbi on Sunday commended Dangote Group for setting up a rice mill in the state, saying…
Jack Ma's Alibaba leads global firms in e-commerce

Alibaba hits record $13b sale in one hour

Chinese e-commerce giant Alibaba Group Holding Inc said on Monday that sales for its annual Singles’ Day shopping blitz hit…

NDIC pays N100bn liquidation dividends

The Nigeria Deposit Insurance Corporation (NDIC) said it had paid over N100 billion as liquidation dividends to depositors of closed…

Dangote set to pump $2b in phosphate mining in Togo

Dangote Industries will invest in a $2 billion phosphate project in Togo, positioning itself to become a main supplier of…
Jeff Bezos steps down today as CEO of Amazon.com

Billionaires’ wealth falls for the first time in decade

The world’s richest people became a little less wealthy last year, according to a report by UBS and PwC, as…
Gas

Cooking gas marketers report 75% price hike

Marketers of Liquefied Petroleum Gas (LPG), under the aegis of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), raised…

Jaiz Bank Transcends Religious Affiliation- MD

The Managing Director, Jaiz Bank Plc, Mallam Hassan Usman has explained that the workings and offerings of the bank are…

Volkswagen to market self-driving cars by 2025

Volkswagen hopes to build self-driving cars, a commercial reality by the middle of the next decade, the German carmaker said…
House of Reps. Committee on PSCS of Nigerian National Petroleum Company Ltd. summons Total Upstream over tax claims of 85 billion dollars.

Total set to sell $750m stake in Nigeria’s OML 118

French oil giant Total is seeking to sell its 12.5% stake, worth $750m in a major deepwater oilfield off the…

“Yiwu China Commodity City” brand unveiled in Times Square

On the opening day of the 2nd China International Import Expo on November 5th, China time, the “Yiwu China Commodity…
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