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30-10-2014 23:52:00 | by: Default Admin User | hits: 4321653 | Tags:


[Nigeria] Manufacturers must get NAFDAC certification before they can access loan - Bank of Industry
19-01-2017 | 10:42:00
The Bank of Industry has included authorization from the National Agency for Food and Drug Administration and Control (NAFDAC) in its conditions for the approval of loan requests by manufacturers of drugs, pharmaceuticals, and food products in Nigeria.
Central Bank of Nigeria bars banks from bitcoin, virtual currencies
19-01-2017 | 10:28:00
The Central Bank of Nigeria (CBN) has barred deposit money banks and all other financial institutions from the operation of any form of virtual currency.
[Nigeria] Wema Bank Targets Unbanked with Solar-Powered Mobile Branch
19-01-2017 | 10:16:55
Wema Bank Plc has launched a mobile branch “Wema Bank on Wheels” that will be accessible to everyone in all parts of the country.
[Nigeria] 12 year old girl develops location app to help lost children
19-01-2017 | 09:38:49
It has not been the most positive of times in Nigeria considering the current economic climate but every now and then a story will pop up and lift the spirits of the country.
Construction of $1.5bn Lagos-Ibadan rail line in Nigeria to begin
17-01-2017 | 11:06:00
The Nigerian Federal Government is set to begin construction of a 156.65km standard gauge rail line from Lagos to Ibadan.
The AfDB Group appoints Nigeria's Wale Shonibare as Director for Energy Financial Solutions, Policy and Regulation
17-01-2017 | 09:27:00
The African Development Bank is pleased to announce the appointment of Mr. Wale Shonibare as the Director – Energy Financial Solutions, Policy and Regulation with effect from 9th January 2017.
[Nigeria] Aviation professionals endorse closure of Abuja Airport
17-01-2017 | 09:00:00
Aviation professionals under the aegis of Association of Nigerian Aviation Professionals (ANAP) Monday endorsed the closure of Nnamdi Azikiwe International Airport (NNIA), Abuja for the proposed six weeks repair of its runway.
World Bank forecast for Nigeria in 2017
17-01-2017 | 08:15:00
The federal government of Nigeria believes substitute sources of revenue generation will grow the economy out of its current situation provided areas such as Agriculture and Manufacturing are ventured into passionately.
MTN Nigeria edges closer to 2017 stock market listing
16-01-2017 | 10:47:50
MTN is Nigeria’s largest telecoms operator, but faced numerous issues with the country’s authorities during the past two years, leading to revelations directors were discussing quitting the market if the “endless hostilities” it faced continued.
[Nigeria] Dangote establishes truck assembly plant in Lagos
16-01-2017 | 09:59:03
Dangote Group of Companies has established a $100 million truck assembly plant in Lagos as part of its efforts toward boosting foreign exchange and job creation in the country.
ADFD and IRENA Announce Funding by ADFD of USD44.5m in Four Developing Countries
16-01-2017 | 09:29:34
Four renewable energy projects in developing countries in the Pacific and Africa have been identified by Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) to receive USD 44.5 million in funding.
[Nigeria] NNPC, Schlumberger Collaborate on Frontier Exploration
16-01-2017 | 09:21:00
The Nigerian National Petroleum Corporation, NNPC, has stepped up collaboration with the reputable multinational oil service company, Schlumberger, in the deployment of state-of-the-art technology in the ongoing search for commercial hydrocarbon deposits in the Chad basin and other parts of the inland sedimentary basins.
[Nigeria] Heritage Bank deepens support for agric value chain
16-01-2017 | 08:30:00
Heritage Bank Plc has disclosed plans to partner in the ongoing efforts to revolutionise the country’s agricultural value-chain, particularly the rice farming.
[Nigeria] NPDC Clarifies Oil Revenue Remittance to Federation Account
12-01-2017 | 10:45:00
The Nigerian Petroleum Development Company, NPDC, the upstream subsidiary Company of the Nigerian National Petroleum Corporation, NNPC, has provided clarification on the reported non-remittance of some crude oil revenue to the Federation Account.
[Nigeria] Facebook partners ICLDNG to improve browsing
12-01-2017 | 10:15:00
In an effort to make the internet a safe and secure environment for communities, Facebook has partnered with the International Centre for Leadership Development Nigeria (ICLDNG) to launch a safety center for teenagers, parents and educators.
[Nigeria] UBA launches first merchant app for MSMEs
10-01-2017 | 11:00:00
United Bank of Africa has introduced its first merchant-focused app in Africa with the aim of creating a SMART (secure, mobile, accessible, reliable, transparent) network of 100,000 micro merchants and driving financial inclusion.
[Nigeria] First Bank increases mobile app transfer limit to N1m
10-01-2017 | 10:30:00
First Bank of Nigeria Limited has increased transfer transaction limits on its FirstMobile Lifestyle app from N500,000 to a maximum daily limit of N1 million.
Data Science Nigeria holds e-Learning bootcamp for young scientists
10-01-2017 | 09:27:24
Data Science Nigeria will host a learning bootcamp for young data scientists in an aim to address the capacity gaps in Data science for beginners, intermediate and experts.
Investments in telecoms hit $68bn in Nigeria
10-01-2017 | 07:30:00
Despite what looks like economic downturn, investments in the fast growing telecommunications sector have been put at $68b as at July, 2016. Of this figure, $35 billion comes from Foreign Direct Investments (FDIs).
Ingenico Group partners Interswitch to deliver best-in-class multichannel payment solutions to the Nigeria
09-01-2017 | 15:34:00
Ingenico Group, leader in seamless payment, announced that a strategic partnership has been signed with Interswitch Nigeria Limited, the leading transaction switching and electronic payment processing company in Nigeria.
Global aviation safety rating: Nigeria steps up another notch
09-01-2017 | 09:45:00
The Nigerian Civil Aviation Authority (NCAA) has stated that Nigeria has attained another high level safety rating which placed it among the world leaders in aviation safety.
[Nigeria] SEC, Central Bank issue guidelines for securities settlement
09-01-2017 | 08:46:00
The Securities and Exchange Commission (SEC), in collaboration with the Central Bank of Nigeria (CBN), has issued guidelines for the settlement of all types of securities in Nigeria.
Nigerian National Petroleum Corporation releases list of official oil suppliers for the year 2017/2018
06-01-2017 | 13:20:34
The Nigerian National Petroleum Corporation (NNPC), has released the names of 39 bidders for the sale and purchase of Nigerian crude for 2017/2018.
Value of POS Transactions in Nigeria Hits N651bn
05-01-2017 | 11:02:25
The value of transactions through point of sales (PoS) channels across the country increased significantly by 65 per cent to N651.37 billion between Janaury and November 2016, compared with the N395.05 billion recorded in the corresponding period of 2015.
[Nigeria] UBA Empowers MSMEs with Masterpass QR Payment
05-01-2017 | 10:41:12
The United Bank for Africa (UBA) has introduced its first merchant-focused app in Africa with the aim of creating a SMART (secure, mobile, accessible, reliable, transparent) network of 100,000 micro merchants and driving financial inclusion.
[Nigeria] Keystone Bank chooses NetGuardians for real-time protection against e-banking fraud
05-01-2017 | 10:33:25
Swiss FinTech leader NetGuardians has been selected by Nigeria’s Keystone Bank Limited for real-time protection against eBanking fraud.
[Nigeria] New e-payment pricing policy coming
05-01-2017 | 09:40:28
The Central Bank of Nigeria (CBN) has deregulated the Merchant Service Charge (MSC) and will be implementing a new pricing regime on electronic transactions by the second quarter of this year.
[Nigeria] Oando PLC Completes $115.8mn Gas and Power Partial Divestment to Helios Investment Partners
03-01-2017 | 11:46:00
Indigenous energy group, Oando, has announced the completion of a partial divestment of 49% of the voting rights in Oando’s midstream business subsidiary, Oando Gas and Power Limited, to Glover Gas & Power B.V., a special purpose vehicle owned by Helios Investment Partner.
Nigerian fintech scene shows record expansion
03-01-2017 | 11:19:00
Africa has caught the world’s attention with its advancements in the financial technology (fintech) space and usage of mobile money. The Nigerian fintech landscape, specifically, has the ability to become one of the most significant leaders in Africa’s innovation.
[Nigeria] Government begins monthly payment of N5,000 to one million Nigerians
03-01-2017 | 10:35:07
The Federal Government has began payment of N5,000 monthly stipends to poor Nigerians in nine states. The Programme is part of the Conditional Cash Transfer (CCT) of the President Muhammadu Buhari’s administration’s Social Investment Programmes (SIP) for which N500 billion was appropriated in the 2016 Budget.
More revenue for Nigeria, others as oil production cut begins - OPEC
02-01-2017 | 12:34:00
The agreement by the oil producing nations to cut about 2 million barrels of crude oil off the market commenced yesterday giving hopes for commodity-reliant nations like Nigeria of more revenue in 2017.
Nigeria's Buhari pledges to pursue peace in restive Niger Delta in 2017
02-01-2017 | 12:01:50
Nigeria's government will seek a lasting peace settlement with militants in the oil-producing southern Niger Delta region in 2017, President Muhammadu Buhari said in a New Year's message on Saturday.
[Nigeria] GTBank appoints Babatunde Soyoye Independent Non-Executive Director
02-01-2017 | 11:25:00
Guaranty Trust Bank Plc has appointed Mr. Babatunde T. Soyoye as an independent non-executive director to fill the vacancy created on the Board by Mr. Andrew Alli, who retired from the bank as independent non-executive director.
Edelman Signs on Chain Reactions as Exclusive Affiliate in Nigeria
02-01-2017 | 10:01:00
Edelman, a global communications marketing firm, has announced that it has signed on Chain Reactions Nigeria, one of Nigeria’s most vibrant PR firms, as its exclusive affiliate in the country following a one-year strategic partnership.
[Nigeria] Med View Airline commences flights to Liberia
22-12-2016 | 13:45:00
Med-View Airline, a private Nigerian aviation firm, has launched its maiden flight from Lagos, Nigeria to the Roberts International Airport (RIA), Liberia.
Sani Dangote emerges President of Nigeria Agribusiness Group
22-12-2016 | 09:11:00
Chairman of the Nigeria Agribusiness Group (NABG) Executive Leadership Group (ELG) Sani Dangote, has been elected President of the group.
Nigeria to host CashlessAfrica Expo next year
22-12-2016 | 08:41:00
Digital disruption is shifting the balance stay of power in financial services and influencing the way millions of people bank their money, make payments, remittances and more.
Zoto becomes number one recharge app in Nigeria
22-12-2016 | 08:08:33
Zoto, a product of Hedonmark Management Services Limited and Nigeria’s fastest mobile recharge app, announced today that it has become the number one app in Google play store in Nigeria for the shopping category.
[Nigeria] Fintech startup Paystack secures $1.3M investment
22-12-2016 | 08:08:23
Fintech startup, Paystack has announced it has closed on Seed Investment of $1.3M from several international investors.
[Nigeria] Fintech Startup Paystack closes on $1.3 million seed
21-12-2016 | 09:22:14
Fintech startup, Paystack, has announced it has closed on Seed Investment of $1.3 million from international investors Tencent, Comcast Ventures and Singularity Investments, with participation from Spark, M&S Partners, Tokyo Founders Fund,
[Nigeria] Lagos residents benefit from NNPC/SNEPCo health outreach
20-12-2016 | 09:49:00
Thousands of residents in Nigeria’s commercial capital, Lagos, benefitted from a health outreach organised by the NNPC and Shell Nigeria Exploration Production Company (SNEPCo), which offered free medical services and education at strategic areas in the mega city.
New Investors join Scatec Solar to develop the 100 MW Nova Scotia Solar Project in Nigeria
20-12-2016 | 09:46:06
Scatec Solar has signed a Joint Development Agreement (JDA) with Africa50, an African Infrastructure Fund sponsored by the African Development Bank and more than 20 African States and Norfund.
[Column] Korede Ologun: Evaluating Economic Expansion for Nigeria
19-12-2016 | 12:00:00
The fiscal roadmap presented by the Finance Minister at the Lagos Business School Annual Dinner for 2016 is a broad spectrum of implicit ideas targeted at improving the status quo.
Africa50 to Develop Solar Power in Nigeria
19-12-2016 | 10:30:00
Africa50, the infrastructure fund for Africa, has signed a joint development agreement (JDA) for an 80 MW (AC) solar photovoltaic independent power project in Nigeria.
Kenya, Nigeria, Morocco Africa’s fastest growing reinsurance markets, study
15-12-2016 | 16:30:42
Kenya, Nigeria and Morocco are the fastest growing reinsurance markets in Africa, driven by the size and diversity of their economies, a young and growing population and advanced regulatory regimes, Dr. Schanz, Alms & Company said in its yearly survey
[Column] Chioma Nnani: Hype and Substance in Business
15-12-2016 | 10:00:00
So I was talking to someone who's really good at internet marketing and she was telling me that some people in my industry buy followers on social media, and how that's a really dumb thing to do.
[Nigeria] NNPC Proposes Revisions in Petroleum Industry Governance Bill
15-12-2016 | 09:09:06
The Nigerian National Petroleum Corporation, NNPC, on Wednesday outlined a detailed proposal to help the National Assembly fine-tune its deliberation on the draft Petroleum Industry Governance and Industrial Framework law, PIGIF which is currently before it for legislative action.
FNB South Africa and Sterling Bank Nigeria win global award
15-12-2016 | 08:52:25
FNB has won the title of Excellence in Mobile Banking at the Lafferty Global Awards in Cape Town, jointly with Sterling Bank of Nigeria.
[Nigeria] Customers Risk Losing Money if we License Telcos – CBN
15-12-2016 | 08:33:00
The Central Bank of Nigeria has said its decision not to allow telecommunication companies lead mobile money model was to protect customers from losing money as it would not be able to regulate the telcos.
AfDB approves USD250m loan and EUR5m grant for rebuilding and stabilization in North East Nigeria
15-12-2016 | 08:12:20
The AfDB Board of Directors has approved a financing package comprising USD 150 million ADB Loan, USD 100 ADF Loan and the EUR 5 million RWSSI Grant Facility, to finance the Inclusive Basic Service Delivery and Livelihood Empowerment Integrated Programme
[Column] Jens Ischebeck: The Potential for M-Learning in Nigeria
13-12-2016 | 11:55:00
M-learning is particularly useful in countries where literacy rates are low, and where school children struggle to complete their education - whether due to poor school facilities, the prevalence of child labour or poor transport infrastructure making it hard for children physically to reach the classroom.
[Column] Chinedu Moghalu: Crowding the private sector into Africa's climate action
13-12-2016 | 11:27:39
The global community for climate action was spooked by the November 8 election of Donald Trump as the next President of the United States. The US President-elect had earned the sobriquet of “climate denier,” for his claim that climate change is a hoax.
RiskMap 2017: West Africa - No smooth sailing in the “New normal”
13-12-2016 | 11:10:00
Macro-economic instability fueled by low oil prices and global economic sentiment will continue to be the main driver of business risks across West Africa in 2017.
[Nigeria] Wema Bank and Etisalat launch tier-1 account for youth
13-12-2016 | 10:24:00
Wema Bank Plc and Etisalat Nigeria have partnered to introduce WemaEasySavers, a Tier-1 savings account aimed to ensure financial inclusion for more Nigerians especially the youth.
[Nigeria] Bingham University graduate invents elections app
13-12-2016 | 09:48:00
A young graduate, Shamah Abubakar has invented e-Franchise, an elections application. According to The Guardian the app was developed by an alumnus of the Bingham University in Karu local Government area.
Sharp Increase in the Activity of Moroccan and French Companies in Sub-Saharan Africa
12-12-2016 | 11:19:48
Aware of the unprecedented impetus of African economies and of the potential offered by the various national and sub-regional markets, Moroccan and French companies are demonstrating new ambitions in Africa, which are expressed in their development strategies on the continent.
[Nigeria] SPDC boosts geology studies at Obafemi Awolowo University
12-12-2016 | 11:02:27
The Shell Petroleum Development Company of Nigeria Ltd (SPDC) Joint Venture has donated modern geophysical equipment, accessories and books to the Department of Geology, Obafemi Awolowo University, Ile-Ife to uplift research and study of geosciences at the institution.
Chongqing Construction Engineering, Oilserv, Tianjin Energy, Alpha Group sign MoAs to develop Nigeria’s Oil and Gas Infrastructure
12-12-2016 | 09:56:00
Four companies have signed eight MOAs today in Abuja for the development of several multi-billion dollar investment and infrastructure projects in Nigeria.
Guinness Nigeria and FRSC flag off “Ember Months” anti-drink driving campaign
12-12-2016 | 09:20:21
Guinness Nigeria has partnered with the Federal Roads Safety Commission to flag off the 2016 Ember Months ‘Drink Drive’ public awareness campaign, which is aimed at enlightening the public on the harmful consequences of alcohol abuse.
[Nigeria] The Guardian announces the launch of Guardian Brand Studio
08-12-2016 | 11:58:56
The Guardian newspaper of Nigeria is pleased to announce the launch of Guardian Brand Studio, an innovative multiplatform content marketing solution for advertisers.
[Nigeria] Jumia Market hosts participants from the Lagos tech tour
08-12-2016 | 11:28:57
To demonstrate its commitment to the human capital development of students and tech enthusiasts, Africa’s largest marketplace Jumia Market, welcomed participants from the Stutern Lagos Tech tours to its facility on the 7thof December 2016.
[Nigeria] GTBank, British Council Unveil First Outdoor Sculpture by Yinka Shonibare in Lagos
08-12-2016 | 11:03:00
Guaranty Trust Bank has partnered the British Council, the UK’s international organisation for cultural relations and educational opportunities, to sponsor the installation of the Wind Sculpture VI by renowned British-Nigerian artist, Yinka Shonibare MBE in Ndubuisi Kanu Park, Ikeja, Lagos.
[Nigeria] NNPC and Total JV begin gas supply to Alaoji Power Plant
06-12-2016 | 11:24:00
The Nigerian National Petroleum Corporation (NNPC) and Total E&P Nigeria Limited (TEPNG) joint venture has begun gas supply to the Alaoji Power Plant owned by the Niger Delta Power Holding Company within the Eastern Grid Domestic Gas market
Nigeria and Morocco sign gas pipeline deal to link Africa to Europe
06-12-2016 | 10:54:00
Nigeria and Morocco have signed a joint venture to construct a gas pipeline that will connect the two nations as well as some other African countries to Europe, Nigeria's minister of foreign affairs said on Saturday.
[Nigeria] Huawei, Access Bank, PHN Stake N50m on Health Scheme
06-12-2016 | 10:18:00
Huawei Technologies in collaboration with Access Bank Plc and Private Sector Health Alliance of Nigeria (PHN) has staked N50 million to support the drive for eradication of diseases in the country.
[Nigeria] Africa Finance Corporation and Banque Centrale Populaire sign MoU to enhance cooperation
06-12-2016 | 10:10:47
Africa Finance Corporation (AFC), a pan-African multilateral development finance institution and project developer, has this week signed a MoU with Moroccan bank Banque Centrale Populaire (BCP) to increase collaboration on financing vital infrastructure projects in North and Sub-Saharan Africa.
“PayU” simplified payment system debuts in Nigeria
05-12-2016 | 11:13:00
A global online payment service provider “PayU” has been introduced in Nigeria with innovations that will continue to make the market more competitive.
Institute of Chartered Shipbrokers prepares launch of new Nigeria Chapter at Multimodal West Africa in Lagos
05-12-2016 | 09:45:00
The Institute of Chartered Shipbrokers (ICS) is preparing for a “big launch” of its new Nigeria Chapter of the West Africa Branch of the Institute at the upcoming Multimodal West Africa exhibition and conference in Lagos in January 2017.
[Nigeria] Guinness commences spirit manufacturing
02-12-2016 | 11:15:00
Guinness Nigeria has commissioned a new production line that will support the local manufacturing of some of its spirits brands in Nigeria.
[Nigeria] AfDB and UBA sign USD150m Line of Credit
02-12-2016 | 10:15:00
The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA) on Wednesday November 30, 2016, signed a US$ 150 million loan agreement to finance infrastructure and SME projects, including women-owned enterprises in Nigeria.
agrofood & plastplack Nigeria: fairtrade announces official German and French Pavilions
02-12-2016 | 09:30:00
After the great success of the second edition of agrofood & plastplack Nigeria 2016 the German trade fair specialists fairtrade announce its 3rd edition for 2017 at the Landmark Centre in Lagos.
Nigerians abandon 30m bank accounts
01-12-2016 | 11:15:00
The total number of inactive bank accounts in Nigeria stand at 30.26 million despite efforts by banks to retain old customers and attract new ones.
[Nigeria] Jos Electricity Company to Install 100,000 Smart Meters By Year-End
01-12-2016 | 10:52:00
Jos Electricity Distribution (JED) Company Plc has disclosed that it is set to install over 100,000 new smart meters before the end of 2016, adding that the company has made plans to install a total of 250,000 meters before the of 2017.
[Nigeria] Union Bank and Ria Money Transfer partner to offer Remittance Pay-out Services
01-12-2016 | 09:45:00
Union Bank of Nigeria has partnered with Ria Money Transfer one of the largest money transfer companies in the world, to offer money transfer pay-out services across Nigeria.
[Nigeria] German firm, LTI ReEnergy, to invest N186bn in solar
29-11-2016 | 09:04:00
German firm, LTI Re Energy and its Nigerian partner, NIGUS International, have sealed an agreement to light up the zone through renewable energy resources.
[Nigeria] NNPC to Upgrade, Expand Kaduna Refineries
29-11-2016 | 08:50:00
The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to the upgrade and expansion of the Kaduna Refining and Petrochemical Company Limited (KRPC) in line with the 12 key business focus areas of the Corporation’s present management.
[Nigeria] Shell, Yemi Alade partner for bright energy ideas
28-11-2016 | 10:59:00
Nigeria music icon, Yemi Alade, has taken the lead in spreading Shell’s #makethefuture campaign which aims to inspire youths and entrepreneurs for bright energy ideas that can help in the global quest for more and cleaner energy.
Wizitup e-Learning platform introduced in Nigeria
28-11-2016 | 10:28:34
Vericore Technologies Limited launched Wizitup, a learning platform for students and teachers. The platform is suitable for classroom use, as a solution for teachers and as a School Information and Administrative System (SIAS).
African Travel Spend expected to rise 24 Percent with Introduction of African Union Passport Introduction in 2018
28-11-2016 | 10:06:37
Travellers from four countries – South Africa, Nigeria, Kenya and Egypt were surveyed, with those having flown in the past 24 months saying they would spend 24 percent more with the introduction of the passport.
[Nigeria] Sheraton Lagos Unveils 107 Renovated Club Rooms and Suites and an All New Sheraton Club Lounge
28-11-2016 | 09:30:00
The Sheraton Lagos Hotel unveiled 107 newly renovated club rooms and suites, all refreshed and elegantly furnished with modern interiors and enhanced amenities.
[Nigeria] IBTC Bank, Google train SMEs Operators on Digital Skills
24-11-2016 | 11:41:00
Stanbic IBTC Bank and technology company, Google, have trained operators of Small and Medium Scale Enterprises (SMEs) in Kaduna state on digital skills that will transform their businesses.
Ghana produces big winners at the West African Power Industry Awards in Lagos this week
24-11-2016 | 11:16:00
ECOWAS Executive Director Mahama Kappiah, Mojec Meter and Power CEO Chantelle Abdul, Aggreko, Ghana’s GRIDCo and Solar Nigeria walked away with some of the top awards at the West African Power Industry Awards that took place in Lagos this week.
[Nigeria] FG, Dangote Sign N11.5bn Concrete Road Project
24-11-2016 | 11:09:00
Work is to commence in full on the 42.5km Obajana-Kabba Road in Kogi State, following the signing of a N11.5bn landmark contract document between the federal government and the Dangote Group yesterday, in Abuja.
[Nigeria] E-banking soars above N46trn in 9 months
22-11-2016 | 11:39:00
In what looks like a major boon to digital banks eyeing the Nigerian market, electronic banking in the country has soared above N46trillion in less than a year.
Nestlé Nigeria commemorates 150 years of good nutrition with factory tour
22-11-2016 | 11:04:00
Nestlé Nigeria, organised this week, a factory tour with key stakeholders to celebrate 150 years of nutrition, marked by the creation of Farine lactée (Cerelac) which saved the life of an infant.
[Nigeria] Airtel introduces free search info for feature phones
22-11-2016 | 10:03:00
Airtel Nigeria in partnership with global development organsation, Human Network International (NHI), has unveiled the 3-2-1 Service – a call-in system that provides free information – ranging from healthcare to good governance – to Nigerians.
MTN Nigeria named most valued brand in the country
22-11-2016 | 09:43:41
MTN Group Executive Chairman, Phuthuma Nhleko, has commended the company’s Nigerian operation, following news that MTN Nigeria has been named the most valued brand in the country.
MTN Nigeria lauds MCASH
21-11-2016 | 12:30:00
Telecommunications giant, MTN Nigeria has thrown its weight behind a new cashless initiative, mCASH, launched recently by the Nigeria Inter-Bank Settlement System Plc, NIBSS.
Nigeria Tops Africa in Internet Usage, Eighth in the world
21-11-2016 | 11:15:00
Nigeria is currently ranked number 1 in Africa and eight in the world in terms of internet usage. The latest ranking was contained in the second edition of digitalfacts.
Brexit will boost UK-Nigeria business ties – British High Commissioner
21-11-2016 | 10:30:00
British High Commissioner to Nigeria, Paul Arkwright, on Friday said the decision by the UK to exit the European Union would boost business ties between it and Nigeria.
[Nigeria] NNPC, Shell Sign MOUs with eight Nigerian Banks
21-11-2016 | 10:00:00
Shell Companies in Nigeria, supported by the NNPC, have signed an MoU with eight Nigerian banks under the refreshed Shell Contractors' Support Fund, the latest milestone in efforts to improve access to finance for Nigerian vendors and suppliers in the oil and gas industry.
[Nigeria] NNPC Moves to Improve Diesel Quality
21-11-2016 | 09:45:00
The Nigerian National Petroleum Corporation (NNPC) has commenced work on a scheme to improve the quality of diesel in the Nigerian market for efficient and optimal performance of diesel-powered engines.
[Nigeria] Heritage Bank not in distress - CBN
17-11-2016 | 13:25:42
Nigeria's central bank denied claims that privately-held Heritage Bank was in distress on Wednesday as it sought to reassure depositors the lender was safe.
[Nigeria] Dangote Collaborates With Govt in Malaria Elimination
17-11-2016 | 11:37:00
Alhaji Aliko Dangote, the Chief Executive Officer of Dangote Group, says that the active participation of the private sector is vital to eliminating malaria in the country by 2020.
SNEPCo donates modern test laboratory to Nigerian Institute of Welding
17-11-2016 | 10:54:11
Shell Nigeria Exploration and Production Company and it co-venturers (ExxonMobil, TOTAL and ENI) have donated facilities including a modern test laboratory to the Nigerian Institute of Welding (NIW) at Imasabor-Ologbo, Benin City,
Bosch Power Box moves into Nigeria
17-11-2016 | 10:15:00
German-based multinational, Bosch Group, is set to bring the BPB concept to African artisans, the informal sector, often the driving force of African economies.
Made-in-Nigeria Project to Hold Exhibition
15-11-2016 | 11:00:00
The Made-in-Nigeria Project, organisers of the Made-in-Nigeria Conference & Exhibition has announced the third edition of its ‎annual event, which is slated to hold in Lagos on November 29th, 2016.
Australia, Nigeria partner to develop mining sector
15-11-2016 | 10:15:00
Australia and Nigeria are set to enhance partnerships in the mining sector to promote the sector’s sustainability in line with the Federal Government’s development agenda.
[Nigeria] Ikeja Electric Partners UBA on in-Branch Payment Terminal
15-11-2016 | 09:30:00
Electricity distribution company, Ikeja Electric, has launched in-branch payment terminals in 20 branches of the United Bank for Africa (UBA) across its network.
[Column] Ugo Arinzeh: London - an attractive real estate destination for Nigerians
14-11-2016 | 12:56:00
In 2014, Nigeria became Africa’s largest economy, reflecting a decade of sustained economic growth based on a more diverse, service-orientated economy that is less reliant on oil revenue.