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Business

Emefiele

How border closure ‘ll affect Nigeria’s economy – Banker

Mr Abraham Azeigbe, Access Bank Group Head, Retail Operations, says the closure of the nation’s borders by the Federal Government…

U.S-China war: What Africa needs to do – UNGA president

The President of the UN General Assembly, Prof. Tijani Muhammad-Bande, has said that Africa needs to look inward to be…

FG assures U.S. investors of addressing their concerns

The Federal Government has assured existing and potential American investors of its commitment to addressing issues of corruption, political instability…

Tesla’s launch of $39,900 cybertruck goes awry

Tesla's launch of its $39,900 Cybertruck on Thursday night went off the rails, with the unexpected happening during a test…

SAA clinches deal with striking unions, flights begin tomorrow

South Africa's flag carrier, South African Airways will resume flights on Saturday after signing a new labour deal with workers…

FG not taking over DISCOs

The Federal Government has issued some clarifications over the decision of the National Economic Council on the issue of the…

Nigeria’s GDP grows by 2.28 percent

Nigeria's Gross Domestic Product (GDP) grew by 2.28%(year-on-year), in real terms, in the third quarter of 2019, says the National…

Photos: Gov. Yahaya leads Nigerian group to Atlanta business summit

A business summit between Nigeria and US representatives began in Atlanta, Georgia on Thursday. Attending are  representatives of several states…

NSIA makes N68b profit, gets $250m more cash

The Nigeria Sovereign Investment Authority (NSIA) realized N68.3 billion as profit between Jan. 2018 and June 30, 2019.

We will fast-track industrialisation, development – Sanwo-Olu

Lagos State Governor, Babajide Sanwo-Olu on Wednesday said his administration remained committed to the holistic implementation of policies that would…

Apple begins building $1billion campus in Texas

Apple Inc said on Wednesday it had started building a new campus in Austin, Texas, beside its existing facility where…

Lagos Revenue Service in trouble over unpaid N1bn Industrial Fund

The Industrial Training Fund, ITF, and its governing council have dragged the Lagos Internal Revenue Service, LIRS, and its board…

GAC Motors to visit Lagos for feasibility study

Guangzhou Automobile Group (GAC Motors) will be visiting Lagos State to study the viability of establishing a Vehicle Assembly Plant.

What you need to know about Blue Economy

According to Said Adejumobi, Director for Southern Africa (SRO SA), Economic Commission for Africa (ECA), the blue economy can be…

‘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…
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