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30-10-2014 23:52:00 | by: Administrator | hits: 4507226 | Tags:

[Nigeria] GTBank and Total collaborate to provide cash-out service in Total service stations
25-05-2017 | 10:20:40
Total customers can now make cash withdrawals in select Total Service Stations without an Automated Teller Machine (ATM).
[Nigeria] 34 Firms Bid for NNPC Digitization Project
25-05-2017 | 10:05:00
The Nigerian National Petroleum Corporation (NNPC) on Tuesday received no fewer than 34 bids submitted by different companies for the digitization of legacy documents in the corporate headquarters.
[Nigeria] S&P assigns B/B ratings and stable outlook on United Bank for Africa
24-05-2017 | 11:12:05
Standard and Poor’s (S&P) assigns ‘B’ long term and ‘B’ short term global scale counterparty credit ratings to the United Bank for Africa PLC (UBA).
Globetom’s Electronic Distribution Platform reaches Nigeria
24-05-2017 | 11:00:00
Globetom’s has announced that their cloud service for electronic distribution and payment solution management is making a market entry into Nigeria.
[Nigeria] Glo records highest data penetration in Q1 of 2017
24-05-2017 | 10:48:40
Globacom has strengthened its position as Nigeria’s preferred data network by recording the highest data penetration among the four major operators in the telecommunications industry.
[Nigeria] CBN makes N3.3 billion from banks’ borrowing
24-05-2017 | 08:00:00
Through frequent borrowing from the Central Bank of Nigeria (CBN) by commercial banks, the regulator recorded N3.29 billion as interest income in February 2017.
Zeno Ventures backs Tizeti to bring unlimited Wifi to Africa
23-05-2017 | 11:38:31
Venture capital firm, Zeno Ventures, has closed an investment in Tizeti Inc., a Menlo Park, CA and Lagos, Nigeria based startup that participated in the latest batch of Y Combinator.
[Nigeria] 10 banks rake in N138bn from alerts, e-services in one year
23-05-2017 | 11:21:00
Leading banks in Nigeria have reported a significant rise in income from fees they charge customers for use of their various electronic banking services.
[Nigeria] Products Supply to Improve as NNPC Revives Kano Depot Three Years After
23-05-2017 | 09:57:31
Petroleum products supply to the Northern part of the country received a boost yesterday as the Nigerian National Petroleum Corporation, NNPC, re-commissioned its Kano Depot, even amidst encomiums poured on the Corporation for reviving the facility.
[Nigeria] OGUNCCIMA lauds Dangote Group’s collaboration as Group’s subsidiaries offer products at subsidised prices
23-05-2017 | 08:44:00
The Ogun State Chamber of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) has commended the Pan African Conglomerate, Dangote Group for its giant strides in economic development of the country through massive investments in several sectors of the economy describing the feat as worthy of emulation by other Nigerians.
MainOne advocates need for greater investments to drive data explosion in Africa
22-05-2017 | 12:09:00
Experts at the International Telecoms Week conference in Chicago have highlighted the need to accelerate investment in Africa to facilitate the continent’s broadband data explosion.
Afreximbank's financing to Nigeria tops $35 billion
19-05-2017 | 16:53:40
The African Export-Import Bank (Afreximbank) has disbursed more than $35 billion in trade and project financing to Nigerian public and private entities since its inception to support the country's economic and trade growth, Bank President Dr. Benedict Oramah has said.
[Column] Magnus Nmonwu: Nigerian CIOs must focus on the needs of the connected consumer
19-05-2017 | 09:36:00
The IDC CIO Summit, currently underway in Lagos, is focusing on how the next wave of social, mobile, analytics and cloud (SMAC) technologies will unleash innovation and productivity in the enterprise by delivering better employee and customer experiences.
Ratko Knezevic appointed by Aiteo Group to drive growth and diversification in Nigeria and Africa
17-05-2017 | 10:29:48
Aiteo Group has announces the appointment of Mr. Ratko M. Knezevic to its Global Executive Management team as Group Advisor on Business and Capital Development.
[Nigeria] She Leads Africa launches accelerator for women run businesses with Work in Progress Alliance
15-05-2017 | 16:13:00
She Leads Africa has announced applications for the 2017 She Leads Africa Accelerator, a 3-month program designed to identify, support and fund the next generation of Nigeria’s brightest entrepreneurs.
[Nigeria] Lagos state government partners with MainOne on free WiFi project
15-05-2017 | 13:54:56
The Lagos State Government has launched a free public Wi-Fi project at parks and gardens in Lagos in partnership with MainOne.
Sabre celebrates ten years of growth in Nigeria
11-05-2017 | 17:11:20
Global travel technology provider, Sabre Corporation, is celebrating ten years of success in Nigeria and the continued growth of the local travel industry.
Etisalat Nigeria says no deadlock in negotiation with banks
11-05-2017 | 12:01:00
Etisalat Nigeria has reacted to reports claiming that the on-going discussions with its bankers have become stalled or reached a deadlock.
[Nigeria] NNPC, Partners to Boost Domestic Gas Supply by 285%
11-05-2017 | 10:08:00
Nigerian National Petroleum Corporation (NNPC) and its partners have evolved a scheme to grow gas supply for domestic consumption by 285% from1.3billion standard cubic feet per day to 5bscf/d by 2020.
Transnet to expand foothold to eight African countries
09-05-2017 | 16:37:08
Africa’s leading freight logistics chain Transnet has been on an expansion binge and is expected to set up shop in eight more African countries including Kenya, Liberia, Ghana, Nigeria, DR Congo, Senegal, Togo and Benin.
Standards Organisation of Nigeria Opens Seme Office
09-05-2017 | 10:26:00
The Standards Organisation of Nigeria (SON) on Sunday inaugurated its Seme border office with assurance to intensify efforts at checking influx of substandard products into the country through land borders.
[Nigeria] CcHub Launches ‘Diaspora Challenge’ in London
09-05-2017 | 09:08:15
Co-creation Hub (CcHUB), the leading social innovation centre in Nigeria, has launched the ‘CcHub Diaspora Challenge’, an international project that will engage entrepreneurs, innovators and scientists from African communities in the UK and source scalable business solutions to social challenges in Africa.
[Nigeria] Shell trains medical workers in emergency care in Anambra State
08-05-2017 | 10:20:00
Shell Nigeria Exploration and Production Company (SNEPCo) has facilitated the training of medical workers from hospitals in Anambra State on emergency resuscitation.
Samsung S8 and S8+ released in Nigeria
08-05-2017 | 09:58:00
The all new Galaxy S8 and S8+, has been launched into the Nigerian market by Samsung Electronics. The Nigerian launch event recently took place at the Renaissance Hotel, GRA, Ikeja, Lagos.
[Nigeria] UBA introduces mobile payments with *919# Magic Banking
04-05-2017 | 10:59:00
African financial institution, United Bank for Africa, has introduced a full-fledged banking platform, tagged UBA Magic Banking and enabled by dialling *919# within Nigeria.
[Nigeria] 2019 Target of Exiting PMS Importation is Achievable - NNPC
04-05-2017 | 09:27:43
The 2019 target set by the Nigerian National Petroleum Corporation to exit importation of Premium Motor Spirit (PMS) is still achievable, Group Managing Director, Dr. Maikanti Kacalla Baru, has said.
Paga, NIPOST partner for financial inclusion in Nigeria
03-05-2017 | 09:58:00
In order to try and achieve their shared goal of a Nigeria which offers financial inclusion for all, Paga and the Nigerian Postal Service (NIPOST) recently announced a partnership which is aimed at doing just that.
GBfoods, Jumbo's Owners, Helios form Joint Venture to create a Pan-African Food Products Company
03-05-2017 | 09:05:00
GBfoods, a leading multinational food company headquartered in Barcelona, and Helios Investment Partners, a premier Africa-focused private investment firm, have partnered to create one of Africa's largest FMCG businesses.
Islamic Corporation for the Development of the Private Sector and SunTrust Bank Nigeria to establish a new non-interest banking window
03-05-2017 | 07:08:07
The Islamic Corporation for the Development of the Private Sector (ICD), the private arm of Islamic Development Bank Group (IDBG), and Suntrust Bank Nigeria Limited (SBN), signed an agreement to establish a new non-interest banking window in SBN in Nigeria.
[Nigeria] Stakeholders seek regulatory review to boost mobile money
02-05-2017 | 11:54:00
Stakeholders in the mobile money ecosystem have called for a review of the prevailing mobile money regulatory framework, so that the country can achieve the target growth rate in the system.
[Nigeria] Oando Announces Q1 2017 Results, Posts N1.7b PAT
01-05-2017 | 10:02:00
Oando, Nigeria’s indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, has announced unaudited results for the three months period ended 31 March, 2017, with the following highlights:
Guinness Nigeria releases Q3 result
01-05-2017 | 09:30:32
Guinness Nigeria Plc, the nation’s leading alcoholic beverage manufacturer and a subsidiary of Diageo Plc, has released its unaudited results for the nine months ended 31 March, 2017.
Forbes Woman Africa partners with Ecobank to Launch First Television Show, “Against the Odds with Peace Hyde”
27-04-2017 | 11:10:00
FORBES WOMAN AFRICA, the continent’s first-ever women’s interest magazine from the highly-successful FORBES stable, launches its very first television show through FORBES AFRICA TV, in partnership with Ecobank.
[Nigeria] 37 Companies Bid for NNPC Firefighting Trucks
27-04-2017 | 10:37:00
No fewer than thirty-seven companies have submitted bids to supply six triple agent firefighting trucks for the operation of the Nigerian Pipelines and Storage Company.
[Column] Aliko Dangote and Bill Gates: Why We are Hopeful About Improving Health in Africa
27-04-2017 | 10:01:00
This week, more than 138,000 vaccinators will fan out across five African countries in the Lake Chad area in a push to eliminate polio in Africa and rid the world of this terrible disease forever.
[Nigeria] GTBank Releases Q1 2017 Unaudited Results, Reports PBT Tax of ₦50.39b
27-04-2017 | 09:44:00
Guaranty Trust Bank plc has released its unaudited financial results for the quarter ended March 31, 2017 to the Nigerian and London Stock Exchanges.
[Nigeria] Dangote Industries boost from USTDA for its solar power plant in Kano
26-04-2017 | 16:41:00
Dangote Industries Limited has received a grant from the U.S. Trade and Development Agency in support of its efforts to develop a 100 MW solar photovoltaic power plant with Black Rhino, an African infrastructure investor, in Kano State.
[Nigeria] MainOne launches data center project in Ogun State
26-04-2017 | 13:16:19
West Africa's leading connectivity and data center solutions provider, MainOne has pledged its commitment to boost Information and Communications Technology (ICT) in Ogun State with a data center project in Sagamu.
[Nigeria] Zaria College of Aviation to procure 20 aircraft from Government
25-04-2017 | 08:24:00
The federal government is to buy 20 aircraft to equip Nigeria College of Aviation Technology (NCAT) Zaria and make it a centre of excellence.
Nigeria to welcome 4G network after Airtel partners with ZTE
25-04-2017 | 07:55:00
Airtel Networks Limited and ZTE have announced a strategic partnership to launch 4G (fourth generation wireless mobile telecommunications technology) in Nigeria.
MainOne, Nigerian Internet Exchange partner to improve transit traffic
25-04-2017 | 07:44:00
The Internet Exchange Point of Nigeria (IXPN), has partnered with Maindata Nigeria (MDXi), a MainOne subsidiary, to improve national transit traffic by hosting a Point of Presence in the Maindata facility.
Central Bank of Nigeria suspends implementation of cashless policy
24-04-2017 | 10:14:41
The Central Bank of Nigeria (CBN) has suspended its earlier directive on the implementation of cashless policy. In a circular released on Friday, the apex bank instructed banks to revert to old charges and refund customers who had been debited.
[Nigeria] Dangote sells noodles business to Dufil Prima
24-04-2017 | 09:20:41
Dangote Flour Mill (DFM) owned by Africa’s richest man, Aliko Dangote announced that it has sold its noodles business and assets to Dufil Prima, makers of Indomie noodles for an undisclosed amount.
African developers celebrated at Facebook’s annual F8 conference
21-04-2017 | 10:48:48
Facebook celebrated the achievements and products of its growing African developer and partner ecosystem at its annual F8 developer conference, held in San Jose, California, on 18 and 19 April.
[Nigeria] NNPC Commences Diversification into Health Sector
21-04-2017 | 09:33:43
The Nigerian National Petroleum Corporation (NNPC) has raised the stake in its commitment to diversify into the health sector in line with the Corporation’s stand to stay afloat as a commercially viable entity.
Five States across Nigeria to build solar-powered mini-grids
20-04-2017 | 14:00:00
Five states are to build solar-powered mini-grids to aid the Federal Government’s efforts at improving electricity generation and supply.
[Nigeria] Union Bank partners CCHUB to launch Centenary Innovation Challenge
20-04-2017 | 13:00:00
As part of activities to mark its 100th anniversary this year, Nigerian financial institution, Union Bank, has announced a partnership with Co-Creation Hub (CCHub) to launch its Centenary Innovation Challenge.
Afreximbank Picks Nigeria to Host Healthcare Centre of Excellence
20-04-2017 | 12:15:00
The African Export-Import Bank (Afreximbank) has selected Nigeria as the preferred country to host the first of its Centres of Excellence for Healthcare Services in Africa.
[Nigeria] Access Bank appoints Roosevelt Michael Ogbonna Group DMD
20-04-2017 | 11:05:00
Access Bank Plc has announced the appointment of Mr. Roosevelt Michael Ogbonna, as Group Deputy Managing Director to replace Mr. Obinna Nwosu who recently resigned his appointment to pursue other personal endeavours.
[Nigeria] CBN releases $100m into interbank market
20-04-2017 | 09:28:00
The Central Bank of Nigeria (CBN) yesterday carried out wholesale interventions in the interbank FOREX market by offering a total sum of $100m to authorized dealers to meet the 7 to 15-day forwards requests of customers.
Jumia Nigeria unveils its third white paper on African Mobile Trends 2017
19-04-2017 | 12:32:00
Jumia Nigeria is pleased to present the 2017 edition of the African Mobile Trends Paper. This is the third white paper presentation from Jumia delving into mobile trends across Africa and specifically Nigeria.
Cros Agro to set up French Fries and Potato Flakes processing factory in Nigeria
19-04-2017 | 10:53:00
Cros Agro Allied Ltd, a Nigerian agribusiness company, has announced a commitment to invest $65 million in the country’s potato sector.
Nigeria loses Africa's top oil producer position to Angola
19-04-2017 | 09:52:00
With the cumulative loss of 4.8 million barrels in the month under review put in cost at the prevailing $55.89 per barrel for Brent crude, Nigeria is estimated to have lost over $271.8 million (N82.8 billion).
[Nigeria] Abuja Airport reopens in 24 hours
18-04-2017 | 12:30:00
​After six weeks of closure for runway repairs, the Nnamdi Azikiwe International Airport, will re-open for commercial flights operations tomorrow. The re-opening followed six weeks of low passenger traffic at the alternate airport in Kaduna.
[Nigeria] Globacom prescribes recipes for SMEs’ growth
18-04-2017 | 12:00:00
Nigeria’s fully integrated telecommunications company, Globacom wants small businesses to adopt integrated and flexible communications plan in order to improve their efficiency, cut cost and expand their bottom lines.
Dangote will be the largest exporter of rice in 5 years to come - AfDB President
18-04-2017 | 09:41:23
Akinwumi Adesina, president of the African Development Bank (AfDB), says billionaire businessman, Aliko Dangote, may become the largest exporter of rice in the world by 2021.
[Nigeria] Lagos-Ibadan Standard Gauge Construction kicks off
17-04-2017 | 11:56:00
The much-awaited construction of standard railway track from Lagos to Ibadan has commenced with the Managing Director of Nigerian Railway Corporation (NRC), Engr. Fidel Okhiria advising those with illegal structures on the railway right of way to leave immediately.
Nigeria on track to expand oil output further
17-04-2017 | 11:04:00
As OPEC discusses a six-month extension of the oil production cut agreement that it struck in November, Nigeria plans to continue ramping up its own output.
World Bank Approves $150m to Enhance Mining Sector Contribution in Nigeria
17-04-2017 | 09:32:00
The World Bank’s Board has approved a $150 million credit to enhance the contribution of the mining sector to the Nigerian economy.
[Nigeria] NCC Urges Subscribers to Take Advantage of 2442 Code
14-04-2017 | 11:19:00
As part of efforts to educate telecommunications consumers on their rights to quality telecoms services, the Nigerian Communications Commission (NCC) said subscribers could stop unsolicited text messages if they send "STOP" to "2442".
[Nigeria] President Buhari appoints 24 new heads of government agencies
14-04-2017 | 10:40:07
President Muhammadu Buhari yesterday appointed 24 persons to head federal government agencies. A statement announcing the appointments which are to take immediate effect was signed by the Director of Press in the Office of the Secretary to the Government of the Federation (OSGF), Bolaji Adebiyi.
Nigeria Central Bank raises banks' FX loan limits to resolve breaches
14-04-2017 | 09:48:00
Nigeria's central bank has increased the limit on banks' foreign currency borrowings to 125 percent of shareholders' fund after some lenders breached its regulatory limit due to the recent fall in the naira, according to a circular seen by Reuters.
Nigeria Re-Elected 45th time as Chair, UN Peacekeeping Committee
13-04-2017 | 13:28:00
Nigeria has been re-elected, for the 45th time, to chair the UN Special Committee on Peacekeeping Operations, regarded as UN's most strategic committee, the News Agency of Nigeria reports.
[Nigeria] 28.6 million bank users have BVN
13-04-2017 | 13:09:05
A total of 28,667,139 users of deposit money bank (DBM) accounts in the Nigerian banking system now have their Bank Verification Numbers (BVN) issued by the system.
[Nigeria] NNPC to Commercialize its Communication Network
13-04-2017 | 10:56:00
The Nigerian National Petroleum Corporation (NNPC) will commercialise some of its critical Information Communications & Technology (ICT) infrastructure in line with its bid to re-focus the Corporation as a commercially viable entity.
[Nigeria] Dangote Flour Mills profit soars to $30 million since reacquisition from Tiger Branded Consumer Goods of South Africa
13-04-2017 | 07:27:34
Dangote Flour Mills has posted a profit before tax of N11.82 billion for its financial year ended December 31, 2016. According to the results released on the floor of the Nigerian Stock Exchange (NSE), the company has returned to profitability after four years of losses.
[Nigeria] Fidelity Bank grosses N152bn in 2016 financial year, proposes 14k dividend
11-04-2017 | 13:26:00
Fidelity Bank Plc grossed N152.0bn in earnings for the financial year ended December 31, 2016 and is proposing to pay a dividend of 14kobo per share to shareholders.
UNIC Insurance relists as UNIC Diversified Holdings on Nigeria Stock Exchange
11-04-2017 | 12:36:46
UNIC Insurance Plc was yesterday delisted and replaced by UNIC Diversified Holdings (UDH) Plc at the Nigerian Stock Exchange as the insurance company completed its transformation into a financial services holding group.
Nigeria's Oil Refining Capacity Increases by 29%
11-04-2017 | 10:58:30
The combined installed capacity utilization of the Nigerian National Petroleum Corporation’s refineries located in Port Harcourt, Warri and Kaduna increased by about 29 percentage points in January 2017 compared with their performance in December 2016.
UBA Nigeria approves N19.9b final dividend for year ended 2016
11-04-2017 | 10:24:00
The shareholders of the pan-African financial institution, the United Bank for Africa applauded the Board, Management and Staff at the 55th Annual General Meeting of the Bank, held in Lagos on Friday April, 7, 2017.
[Nigeria] Africa Finance Corporation issues $500m 7 Year Eurobond
11-04-2017 | 09:55:00
Africa Finance Corporation, a pan-African multilateral development finance institution and project developer, has issued a US$500 million 7 year Eurobond.
$13 million fund targets 15,000 Nigeria and Tanzania youth with agrifood employment
11-04-2017 | 07:41:00
A five-year, $13 million collaboration between Michigan State University and The MasterCard Foundation will help 15,000 young people access employment and entrepreneurship opportunities in the fast-growing horticulture, aquaculture, poultry, cassava and oilseed sectors in Tanzania and Nigeria.
Nigeria real estate sector to record 5.39 percent growth
10-04-2017 | 13:27:00
Notwithstanding the negative growth recorded in 2016, the real estate sector is expected to grow at an average rate of 5.39 per cent between 2017-2020.
[Nigeria] Zenith Bank begins *966# Easybanking customer with airtime giveaway
10-04-2017 | 11:57:39
Following the success of the campaign to reward its customers last year, Zenith Bank Plc has returned with another *966# Eazybanking airtime giveaway for the Easter season.
[Nigeria] Abuja Airport Runway 75% Completed - Aviation Minister
10-04-2017 | 11:02:43
Two weeks to the opening of the Abuja airport runway to traffic, the Minister of State, Aviation Sen. Sirika Hadi Sirika, has said the runway is 75 percent completed.
[Nigeria] UK Supreme Court Grants Reprieve to NNPC over $100m Bank Guarantee
10-04-2017 | 10:11:00
The Supreme Court of the United Kingdom in a unanimous judgment has granted a reprieve to Nigerian National Petroleum Corporation, NNPC, over a $100million Bank guarantee in a case involving the Corporation and a service company, IPCO (Nigeria) Limited.
Grey Group re enters Nigerian market through deal with Centrespread
06-04-2017 | 16:26:58
Global communication company Grey GREY is re-entering Nigeria with immediate effect, having appointed Centrespread, one of Nigeria's largest independent advertising communications groups as its affiliate in that market
[Interview] Ekene Okechukwu, Founder, Bargainmasterng.com, Nigeria
06-04-2017 | 13:41:00
Ekene Okechukwu is Founder of Bargainmasterng.com, Nigeria's social marketplace for online sellers and buyers.
United Bank for Africa promotes 3,000 members of staff
06-04-2017 | 11:34:00
United Bank for Africa (UBA), Africa’s Global Bank operating in 19 African countries, has announced the promotion of 3,000 staff members.
Oando Nigeria announces FYE 2016 results, posts N3.5b Profit After Tax
06-04-2017 | 10:43:00
Oando PLC Nigeria’s indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, has announced audited results for the year ended 31 December, 2016, with the following highlights:
[Nigeria] VoguePay gets Fintech start-up recognition
06-04-2017 | 10:19:28
VoguePay has won the “Best Fintech Startup” award at the just concluded Cashless Africa Expo. The award is in recognition to online payment in Nigeria and Africa in general.
[Nigeria] Economically sustainable seed businesses key in transforming cassava production
06-04-2017 | 08:17:58
Seed sector professionals have said that businesses selling improved varieties and high quality cassava stems for cultivation could help African farmers significantly raise their productivity.
[Nigeria] Lidya raises funding to expand access to capital for underserved small businesses
05-04-2017 | 16:30:57
Lidya, a leading fintech platform based in Nigeria, has announced that it has closed a US$1.25 million seed funding round to further its mission of easing access to finance for small and medium enterprises (SMEs) across Africa.
[Nigeria] SPDC links LiveWIRE beneficiaries to $800,000 growth fund
04-04-2017 | 13:31:00
Twenty-eight beneficiaries of the Shell Nigeria LiveWIRE programme are now retooling to get a good share of the $800,000 growth fund for 2017 provided by Grofin Investment.
Nigeria's official PC market falls to lowest levels in over nine years, IDC
04-04-2017 | 10:20:51
Official PC shipments to Nigeria fell 57.1% year on year in 2016 to total 156,511 units, according to the latest figures compiled by International Data Corporation (IDC).
Nigeria Achieves 26 Per Cent Gas Flaring Reduction
03-04-2017 | 12:02:00
The Nigerian National Petroleum Corporation (NNPC) says it has succeeded in reducing gas flaring in the Country by 26 percentage points in the last ten years from 36 per cent to 10 per cent.
[Nigeria] Sterling Bank launches new five-year strategic plan
03-04-2017 | 11:21:00
Sterling Bank has launched a new five-year strategic plan that will enable the bank optimise its potential and generate better returns for stakeholders.
‘Merck More than a Mother’ from Africa to Asia for the first time, in partnership with ASPIRE
03-04-2017 | 10:35:00
Merck, a leading science and technology company through its ‘Merck More than a Mother’ initiative in partnership with Asia Pacific Initiative on Reproduction (ASPIRE), conducted a panel to address challenges and solutions to improve access to regulated fertility care in Africa and Asia.
[Nigeria] NNPC to Transform into Integrated Energy Company
03-04-2017 | 09:48:00
The ongoing reform of the Nigerian National Petroleum Corporation is geared towards transforming it from an oil and gas company into an integrated energy outfit with interest in power generation and transmission.
Uber and Old Mutual help drivers earn, learn and save
31-03-2017 | 14:58:24
In celebration of Global Money Week, Uber and Old Mutual have announced that they will be extending its free money management course that took place in South Africa to its driver-partners in Accra, (Ghana), Lagos (Nigeria) and Nairobi, (Kenya).
Nigeria to showcase maritime potential in Norway
30-03-2017 | 12:23:00
Poised to attract foreign investors into the nation’s shipping sector, The Nigerian Maritime Administration and Safety Agency (NIMASA) has unveiled its plans to showcase the huge potential of the Nigerian maritime sector at the Norway Shipping holding later this week.
Guinea Insurance targets 80 per cent coverage for Nigerians by 2021
30-03-2017 | 12:10:00
The Chairman of Guinea Insurance Plc, Mr Godson Ugochukwu, says the company is targeting to bring 80 per cent of Nigerians under insurance cover by 2021.
[Nigeria] Africa Finance Corporation Delivers Strong Financial and Operational Growth in 2016
30-03-2017 | 08:30:00
Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, today announces its 2016 fiscal year results.
[Nigeria] Dr. Joseph Nnanna appointed as Chairman of Africa Finance Corporation
29-03-2017 | 10:11:00
Africa Finance Corporation announces that Dr Sarah Alade, its Chairman, representing the Central Bank of Nigeria, from which she officially retired on 22 March, 2017, has also stepped down from her position as Chairman of the AFC Board of Directors with effect from today.
Andy Isichei elected President of Nigerian Chamber of Shipping
28-03-2017 | 13:50:16
The Governing Council of the Nigerian Chamber of Shipping (NCS) has elected its long standing vice president, Andy Isichei as its sixth President.
Cros Agro Allied to invest $65m in Nigeria’s potato sector
28-03-2017 | 13:00:00
Cros Agro Allied Ltd, a Nigerian agribusiness company, has announced a commitment to invest $65 million in the country’s potato sector.
[Nigeria] Global Money Week: FirstBank Promotes Financial Literacy
28-03-2017 | 09:56:13
First Bank of Nigeria Limited is joining the rest of the world in celebrating the 2017 Global Money Week to engage children and youths on the rudiments of financial literacy.
[Nigeria] Update on NNPC’s Recovery of Crude Swap Under-Deliveries: AITEO Settles $202m Outstanding Obligations
28-03-2017 | 09:28:22
In line with its pledge to provide members of the public with periodic updates on its recovery efforts for crude swap under deliveries, the Nigerian National Petroleum Corporation (NNPC) is pleased to confirm that it has now reached a final settlement with AITEO Group.
Tony Elumelu Foundation 2017 Entrepreneurship Program announces selection
27-03-2017 | 10:37:33
The Tony Elumelu Foundation (TEF) is proud to announce the selection of 1,000 African entrepreneurs, creating the 3rd cohort of the 10-year $100 million TEF Entrepreneurship Program.
[Nigeria] UBA Grows Profit Before Tax by 32%, Declares Final Dividend per Share of 55kobo
27-03-2017 | 10:23:00
United Bank for Africa (UBA) Plc, the pan-African financial services group operating in 19 African countries, has released its audited 2016 full year results, showing significant growth in gross earnings and profits.