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30-10-2014 22:52:00 | by: Administrator | hits: 8437324 | Tags:

Petrogress, Inc. announces expansion to Nigeria
23-02-2018 | 10:32:00
Petrogress Int’l, LLC, a subsidiary of Petrogress, Inc. has entered into a Memorandum of Understanding and a Partnership Agreement with A&E Petroleum Co. Limited, a Nigerian corporation.
UNWTO signs agreement with Nigeria Tourism Corporation to strengthen national tourism statistical system
23-02-2018 | 08:17:00
In an effort to better measure tourism growth and development in Africa, United Nations World Tourism Organization, UNWTO, has signed a Cooperation Agreement with the Nigeria Tourism Development Corporation.
[Startup Interview] Emeka Akano, CEO, Jara Mobile Ltd, Nigeria
20-02-2018 | 13:26:00
Jara Mobile Limited, a Nigerian startup, runs an innovative bills payment platform that integrates various retailers into one loyalty programme, giving customers the leeway of doing more with less money.
[Nigeria] FirstBank processes over $2.7 billion on its 894 Quick Banking Channel
20-02-2018 | 11:20:00
First Bank of Nigeria Limited has recorded giant strides in its Financial Inclusion services delivery, via its 894 quick banking, a USSD based channel that enables customers to access banking services using any type of phone and without data/internet.
World Bank approves $486 million to improve Nigeria electricity transmission network and infrastructure
19-02-2018 | 09:57:26
The World Bank has approved an International Development Association Credit and an IDA Scale Up Facility Credit in the total amount of $486 million equivalent for rehabilitation and upgrading of electricity transmission substations and lines.
RwandAir to start flights to Abuja and Cape Town
15-02-2018 | 13:22:40
Rwanda’s national carrier RwandAir is set to commence flights to Abuja in Nigeria and Cape Town in South Africa. RwandAir will operate four weekly flights from Kigali to Cape Town with a stopover in Harare.
[Nigeria] GE to increase output of Shell Petroleum’s Afam VI plant
15-02-2018 | 13:20:07
General Electric’s power service business has signed a Multi- year Service Agreement with Shell Petroleum for its 650MW Afam VI combined cycle power plant located in the South-eastern part of the country.
[Nigeria] Nitestay launches online platform to address customers’ travel experience
14-02-2018 | 08:45:00
As the first hotel-booking online platforms in Nigeria, Nitestay.com is launching a new website for customers.
My JobMag unveils free personalized job alert and career advice push notification
14-02-2018 | 06:03:00
MyJobMag has unveiled its free, personalized and unlimited push notification services aimed at helping job seekers and employers searching for the best job alert and best-in-class customer service.
Homesweet.com.ng launches to help Nigerians make better buying decisions for home appliances
13-02-2018 | 06:00:00
Homesweet.com.ng, a price guide and review website for home appliances has been launched in Nigeria.
Smoove extends bikeshare scheme to Nigeria
12-02-2018 | 13:08:19
Marrakesh, a pioneering city as regards environmental protection, set up the very first bikeshare scheme in Africa on the occasion of the COP22 that it hosted in 2016.
[Nigeria] Proparco provides $25 million to Access Bank to support agri- food sector
12-02-2018 | 06:27:48
Access Bank, a major player in the Nigerian banking sector, has been awarded a syndicated loan of $ 100 million by FMO, the Dutch development bank.
Naijafund crowdfunding platform makes service globally accessible to Nigerians
09-02-2018 | 06:13:14
Naijafund is a crowdfunding website aimed at Nigerians wherever they are to raise money online for anything.
[Nigeria] Glo subscribers to get 4G MiFi with bumper free data
08-02-2018 | 10:37:00
Globacom has announced an offer that benefits its teeming subscribers. The bundle offer comprises the network’s mini router, Glo MiFi, with 16 gigabytes of data for N16,000.
[Nigeria] Fitch upgrades Access Bank’s national rating to A+
08-02-2018 | 10:13:00
Fitch Ratings, a global rating agency in its latest report, has upgraded Access Bank’s National Long-Term Rating to A+ from A. At the same time, Fitch affirmed the Bank’s Long-Term Issuer Default Rating (IDR) at B.
Nigerian Export-Import Bank urges SMEs in Southeast and Delta states to access $5 billion export facilities
07-02-2018 | 12:01:00
The Nigerian Export-Import Bank (NEXIM) urges Small and Medium Entrepreneurs (SMEs) in Southeast and Delta States to Access N550 Billion, $5 billion, Export Facilities.
DHL Global Forwarding appoints veterans to lead operations in Kenya and Nigeria
06-02-2018 | 09:56:00
DHL Global Forwarding, the leading provider of air, sea and road freight services has appointed Agnaldo Laice and Maureen Adibuah as Country Managers in Kenya and Nigeria respectively.
[Nigeria] Arik Air resumes Garden City Express from MMA2, Lagos
06-02-2018 | 08:59:00
Arik Air, Nigeria’ s largest carrier is resuming its Garden City Express which enables customers to fly direct to the heart of Port Harcourt City from MMA2 terminal in Lagos.
[Nigeria] Oando appoints Muntari Muhammed Zubairu as Director
05-02-2018 | 09:01:00
Oando hereby notifies the shareholders and other stakeholders of the appointment of Mr. Muntari Muhammed Zubairu as Group Chief Corporate Services and Operations Officer.
African Infrastructure Investment Managers and Helios Investment Partners invest in Nigeria's Starsight Power Utility
05-02-2018 | 09:00:04
African Infrastructure Investment Managers (AIIM), one of Africa’s leading infrastructure equity investment managers and a member of Old Mutual Alternative Investments (OMAI), has announced an investment in Starsight Power Utility Ltd.
African Reinsurance Corporation becomes member of Africa Finance Corporation
01-02-2018 | 11:26:00
African Reinsurance Corporation announces its membership of Africa Finance Corporation (AFC), and becomes the first multi-lateral financial institution to invest in AFC.
[Nigeria] Erin Energy discovers Hydrocarbons in its Oyo-NW Well
01-02-2018 | 10:01:00
Erin Energy Corporation today announced that it has completed the drilling of the Oyo-NW well and, based on preliminary evaluation, it has discovered hydrocarbons in the Miocene Formation.
Nigerian Well Intervention Highlighted at OWI WCA | Accra, March 7-8
30-01-2018 | 16:03:00
As the largest producer in West Africa, Nigeria is quickly becoming a hotspot for well intervention activity
Startup Rensource raises $3.5m to take affordable renewable energy to more Nigerians
30-01-2018 | 13:23:00
Rensource, a Lagos-based renewable energy startup, has raised $3.5 million in bridge financing to expand its business. This is coming nearly 2 years after a previous seed round of $1.1m in 2016.
Nigerian Federation owes NNPC N170.6b outstanding subsidy payments
30-01-2018 | 08:28:00
The Nigerian National Petroleum Corporation Monday in Abuja revealed that the Nigerian Federation was indebted to the corporation to the tune of N170.6 billion outstanding subsidy payments due from January 2006 to December, 2015.
Etihad Airways expands services to Nigeria
29-01-2018 | 13:18:00
Etihad Airways today reaffirmed its commitment to Nigeria with the announcement of two additional weekly flights on the popular Abu Dhabi–Lagos route, taking it to a daily service.
[Nigeria] NPDC targets 500,000 barrels of crude oil per day production
29-01-2018 | 11:00:00
The Nigerian Petroleum Development Company, one of the upstream subsidiaries of the Nigerian National Petroleum Corporation, will increase its daily crude oil production to 500,000 barrels per day before 2022.
[Nigeria] Aliko Dangote donates N1.2b structure for Business School in Bayero University
29-01-2018 | 09:40:00
In his commitment to encouraging entrepreneurship in the country as a way out of the economic doldrums, business magnate Aliko Dangote is donating a N1.2 billion structure for running of business school in Bayero University, Kano.
[Nigeria] Oando announces the appointment of Alhaji Bukar Aji as Non-Executive Director
29-01-2018 | 08:23:00
Oando has appointed Alhaji Bukar Aji OON as a Non-Executive Director of the Company in accordance with Article 88 of the Company’s articles of association, effective as 19 January, 2018.
[Nigeria] Lagos wooden tower introduces green construction to Africa's largest city
25-01-2018 | 13:15:54
Hermann Kamte, young Cameroonian architect and the founder of company Hermann Kamte & Associates (HKA), is the driving force behind the famous sketch of Lagos Wooden Tower.
[Startup Interview] Olalekan Akinseye, CEO, HFC Clothing Ventures, Nigeria
25-01-2018 | 11:15:10
Olalekan Akinseye runs a clothing brand in Nigeria that is tapping the evolving nature of fashion and the apparel industry to champion the war on cancer.
[Nigeria] Indorama awards Ammonia plant engineering contract to KBR
25-01-2018 | 08:40:00
Global provider of services in the hydrocarbon sector, KBR, Inc. has been awarded a contract from Indorama Eleme Fertilizer & Chemicals Limited for the Train 2 ammonia plant at Indorama's Port Harcourt site in Nigeria.
[Nigeria] NNPC records $239.10m crude oil export sales
25-01-2018 | 07:06:00
The Nigerian National Petroleum Corporation, NNPC posted a total crude oil and gas export sale of $239.10Million in the month of November, 2017.
[Nigeria] Dangote’s Multi-Million Naira Unibadan Business School ready soon
23-01-2018 | 09:51:00
Aliko Dangote has assured that the N250 million University of Ibadan Business School being constructed by him would soon be ready for commissioning.
[Nigeria] Access Bank comes out with new paternity leave policy
23-01-2018 | 08:30:00
Starting January 2018, male employees of Access Bank Plc can take advantage of an enhanced parental leave policy that extends paid benefits to all mothers and fathers.
Nigerian National Petroleum Corporation to build more depots, expand market share
23-01-2018 | 08:18:00
Nigerian National Petroleum Corporation (NNPC) is to build more depots across the Country.
Union Bank of Nigeria named Fastest Growing Retail Bank
23-01-2018 | 08:00:00
Union Bank, one of Nigeria’s longest standing banking institutions, has been named ‘The Fastest Growing Retail Bank, Nigeria’ in the 2017 edition of the International Finance Magazine (IFM) Awards.
[Nigeria] GÉANT awards 15-year contract to MainOne for connectivity services
22-01-2018 | 08:45:00
The EU-funded AfricaConnect2 project has just announced that, following the tender call to connect West and Central (W&C) Africa back in June 2016, GÉANT has awarded a 15-year contract to MainOne for connectivity services.
[Nigeria] NNPC targets huge investments in Nigeria’s oil & gas industry
22-01-2018 | 08:32:00
The Nigerian National Petroleum Corporation (NNPC) is eyeing massive investments in the nation’s Oil and Gas Industry with a view to improving the nation’s revenue and creating jobs for the citizenry.
Analysts predict bullish future for Nigeria’s Real Estate Investment Trust market
19-01-2018 | 11:20:00
Despite its existence for more than ten years, the Nigerian REITs market is underdeveloped with only three established and with a combined market capitalization of $151 million, or 0.36 per cent of the local stock market.
Access Bank Nigeria upgrades ombudsman to boost dispute resolution
18-01-2018 | 11:42:00
Access Bank has upgraded its customer service function, Ombudsman, for the purpose of resolving service issues between the Bank and its customers.
[Nigeria] NNPC to partner Women Body in promoting study of Engineering among female children
18-01-2018 | 09:47:00
The Nigerian National Petroleum Corporation says it is ready to collaborate with the Association of Professional Women Engineers of Nigeria (APWEN) to encourage female children to study Engineering.
[Interview] Ibijoke Maxwell, Host/Executive Producer, The JoMaxwell Show, UK
18-01-2018 | 09:26:00
Ibijoke Maxwell is the Nigerian/British host of the Jo Maxwell Show, a show designed to give exposure to the African community in the UK media.
[Nigeria] United Bank for Africa introduces virtual banker, Leo
15-01-2018 | 09:45:00
Pan-African financial institution, United Bank for Africa, has changed the face of e-banking with the introduction of Leo, the UBA Chat Banker who enables customers make use of their social media accounts to carry out key banking transactions.
[Nigeria] Diamond Bank receives ISO/IEC 20000-1:2011 certification
15-01-2018 | 09:02:00
Diamond Bank of Nigeria has been awarded the ISO/IEC 20000-1:2011 certification by the British Standard Institute (BSI) Group.
Nigeria consolidates position as African Development Bank’s largest shareholder
15-01-2018 | 06:21:18
Nigeria’s President, Muhammadu Buhari, is set to commission the new office complex of the African Development Bank in Abuja, consolidating the country’s position as the Bank’s largest shareholder.
Deutsche Bank appoints Andreas Voss head of TFFIs in Sub-Saharan Africa
11-01-2018 | 13:43:00
Deutsche Bank has announced the appointment of Andreas Voss as Head of Trade Finance for Financial Institutions in Sub-Saharan Africa, in addition to his current role as Head of Global Transaction Banking West Africa.
Diamond Bank Nigeria appointed WEF adviser
11-01-2018 | 13:25:00
Diamond Bank is pleased to announce its appointment as a Forum Member Adviser to the World Economic Forum. The Forum aims to shape global, regional and industry agendas to deliver WEF’s mission of improving the state of the world.
Milost Global acquires Primewaterview Holdings Nigeria
11-01-2018 | 12:01:00
American private equity firm Milost Global Inc. has announced that, together with its African subsidiary, Isilo Capital Partners it has closed the acquisition of a 100 percent interest in Primewaterview Holdings Nigeria Limited.
254 companies bid for purchase of Nigerian crude grades
11-01-2018 | 10:52:00
A total of 254 indigenous and foreign owned entities have submitted bids for the sale and purchase of the Federal Government equity crude under the 2018/2019 crude oil term contracts.
[Column] Idowu Oyebanjo: 2017- A year of mixed fortunes for Nigeria’s power sector
11-01-2018 | 10:13:00
2017 had its ups and downs and the power sector was no exception. The year started with a generally low mood in terms of the quantum of power generation available for distribution from none to a peak of 5,222MW on 18th of December, 2017.
Greenlight Planet raises $60million for off grid solar financing business with focus on Africa
10-01-2018 | 08:16:00
London-based private equity fund manager Apis Partners and other investors announced disbursement of $60 MM in new funding to Greenlight Planet Inc., the leading provider of off-grid solar products and solar financing.
Notore Chemical Industries' new free zone enterprise opens Nigeria to foreign investment
10-01-2018 | 07:42:00
The creation of a new Oil and Gas Free Zone in Nigeria will become Africa’s largest petrochemical processing hub - paving the way for renewed foreign investment in the region.
[Nigeria] A.M. Best affirms credit ratings of Wapic Insurance Plc
10-01-2018 | 07:35:00
Rating agency A.M. Best has affirmed the Financial Strength Rating of C++ , Marginal, and the Long-Term Issuer Credit Rating of “b+” of Wapic Insurance Plc Nigeria.
Zloadr and Guardian Newspaper in deal to deliver crypto news to one million Nigerians
09-01-2018 | 13:06:49
In a move that will connect up to one million Nigerians with the latest crypto news and investment opportunities, Zloadr has officially signed a deal with a top Lagos newspaper.
[Nigeria] Escravos-Lagos pipeline resumes gas supply
09-01-2018 | 08:03:02
The Escravos-Lagos Pipeline which came down last week as a result of a fire incident has been restored and gas supply to customers on the line including power generating companies resumed.
[Nigeria] Union Bank’s rights issue records 120% subscription
08-01-2018 | 14:29:00
Union Bank of Nigeria has announced that the Bank successfully raised N49.7 billion through a Rights Issue which closed on October 30, 2017 with subscriptions recorded at 120%.
Private equity-backed Viathan issues Nigeria's debut 10-year guaranteed naira bond
08-01-2018 | 10:55:39
Private equity-backed Viathan Group has issued Nigeria’s debut 10-year corporate infrastructure bond in local currency to raise 10 billion naira ($32 million) at a yield of 16 percent to fund power assets.
No plan to increase pump price of petrol - Nigerian National Petroleum Corporation
08-01-2018 | 08:45:00
The Nigerian National Petroleum Corporation has no plan to execute an increase in the pump price of Premium Motor Spirit, otherwise called petrol.
Construction commences for $1b Virgin City in Nigeria
05-01-2018 | 12:15:00
Construction of a US$1 billion project dubbed Virgin City has kicked off in Calabar Municipality in Nigeria’s Cross River State, Governor Ben Ayade has announced.
[Column] Richard Branson: The alternatives to Nigeria's power situation
05-01-2018 | 09:55:00
Energy access in Africa is close to my heart. Bringing clean, renewable power to people instead of building coal-fired power stations is absolutely essential if we are going to tackle climate change.
Nigeria Civil Aviation Authority lowers minimum visibility for 18 airports
04-01-2018 | 14:38:00
The Nigerian Civil Aviation Authority in conjunction with the Nigerian Airspace Management Agency has lowered minimum visibility for takeoff and landing of flights for 18 airports which have improved navigational aid.
[South Africa] MTN assigns $231m shareholder loan to IHS Holding
04-01-2018 | 10:02:00
MTN Group, Africa's biggest mobile phone operator, has said that it assigned a $231 million shareholder loan to phone tower group, IHS Holding Ltd, impacting its 2017 profits.
France invests €350m in Nigeria
04-01-2018 | 09:04:00
The Ambassador of the Federal Republic of Nigeria to France, Dr Modupe Irele, on Tuesday announced that France invested about N150 billion (350 million euros) in Nigeria in 2017.
Nigeria Government approves LPG extraction plant in Rivers State for Green Energy
03-01-2018 | 11:45:00
The Federal Government has approved the establishment of a Liquefied Petroleum Gas extraction plant at Ikuru Town in Rivers state for Green Energy International Ltd, the Operator of the Otakikpo marginal field in OML 11.
Clinigen extends agreement with Eisai to supply three new drugs into 10 African countries
03-01-2018 | 09:00:00
Clinigen Group has extended its exclusive agreement with Eisai Europe to obtain the marketing authorisation and subsequently launch Halaven (eribulin), Fycompa (perampanel) and Lenvima (lenvatinib) into 10 African countries.
Zenith Bank Nigeria appoints two executive directors, an independent non-executive director
02-01-2018 | 13:08:00
The Board of Directors of Zenith Bank has approved the appointment of Dr. Temitope Fasoranti and Mr. Dennis Olisa as Executive Directors of the bank effective December 29, 2017.
[Nigeria] 9mobile sale deadline extended to January 16
02-01-2018 | 11:42:00
The conclusion of the sale process of 9mobile has been postponed till January 16, 2018, by both the Central Bank of Nigeria and the Nigerian Communications Commission.
A guide to Africa’s key markets in 2018
02-01-2018 | 09:29:00
For bond investors, Africa was a happy hunting ground last year. Its local-currency and dollar securities easily outperformed those of emerging markets overall as investors piled into a continent offering high yields and starting to recover from the commodity bust of three years ago.
[Nigeria] NNPC distributes over 1.3 billion litres of petroleum products
02-01-2018 | 07:50:26
The Nigerian National Petroleum Corporation, through its Downstream subsidiary, the Petroleum Products Marketing Company, sold and distributed a total of 1.352.86 billion litres of white products across the country in October, 2017.
Nigeria’s Dangote gets approval for $41m cement investment in Liberia
29-12-2017 | 11:42:00
Nigeria’s manufacturing giant, Dangote Cement, has received legislative approval from the Liberian Senate for the production of cement in the West African country.
Central Bank of Nigeria suspends new clearing rules for banks
28-12-2017 | 11:56:00
The Central Bank of Nigeria has suspended a review settlement banking arrangement to all clearing sessions for banks and merchant banks, expected to begin January 2.
Rivers State Government, Shell Nigeria Gas sign MoU on gas supply to Industries
28-12-2017 | 09:03:00
The Rivers State Government and Shell Nigeria Gas (SNG) have signed a Memorandum of Understanding (MoU) for the distribution of gas to industries in the Greater Port Harcourt area and its environs.
Union Bank of Nigeria announces changes to its Board of Directors
27-12-2017 | 08:22:00
Union Bank of Nigeria has announced changes to the membership of its Board of Directors with the retirement of an Executive Director, Mr. Ibrahim Kwargana and the resignations of three Non-Executive Directors.
[Nigeria] NNPC attains 98 per cent automation of crude oil marketing operations
27-12-2017 | 08:03:00
The Nigerian National Petroleum Corporation (NNPC) has achieved 98 per cent automation of all transactions involving the supply, marketing and sale of the various grades and blends of Nigeria’s crude oil across the world.
[CEO Interview] Babafemi Awofala, Financing Specialist, Brickstone Partners, Nigeria
20-12-2017 | 13:00:00
Babafemi Awofala is a professional with experience in advising companies and governments on private investments in energy, real estate and infrastructure, including structuring and executing mergers and acquisitions.
[Nigeria] NNPC petroleum products distribution, sale increase by 29 per cent
20-12-2017 | 08:15:00
The Nigerian National Petroleum Corporation distributed and sold about 1.3billion litres of petroleum products throughout the country in the month of September, 2017.
Bluedrop builds entrepreneurial capacity of Nigeria and Tanzania women in clean energy
20-12-2017 | 08:15:00
Bluedrop Learning Networks, a division of Bluedrop Performance Learning has secured a contract with Solar Sister to scale and build the capacity of their Associates in Nigeria and Tanzania.
Nigerian High Court grants Aiteo’s Benedict Peters global judgment in rem - declares earnings legitimate
19-12-2017 | 13:00:00
The High Court sitting in the Federal Capital Territory, Nigeria has declared that earnings and assets accruing to Oil magnate and Aiteo Energy boss, Benedict Peters were acquired legally through legitimate sources.
[Nigeria] Farmcrowdy closes on seed funding of $1m
19-12-2017 | 08:29:00
Farmcrowdy, a Nigerian digital agriculture platform which allows Nigerians to venture in and sponsor agriculture, has announced that it had closed on seed funding of $1 million from international and local investors.
MainOne listed as Microsoft Azure ExpressRoute connectivity provider for Nigeria
18-12-2017 | 15:07:50
MainOne, West Africa’s communications Services Company and operator of the premier Tier III Data Center, has announced its official listing by Microsoft as an ExpressRoute Connectivity Provider for Nigeria.
[Nigeria] ProvidusBank launches World Elite Mastercard, first in Sub Saharan Africa
18-12-2017 | 12:33:00
ProvidusBank has launched the World Elite Mastercard offering in Nigeria, providing affluent consumers and frequent travelers with a range of priceless travel benefits and lifestyle privileges both at home and abroad.
[Nigeria] Arik Air resumes Abuja - Calabar, Abuja - Uyo routes
18-12-2017 | 11:15:00
Arik Air, Nigeria’s largest carrier is increasing its capacity ahead of Christmas and New Year celebrations to enable customers celebrate the festive season with family and friends.
[Nigeria] NNPC adopts 24 hour depot, retail services to clear fuel queues
18-12-2017 | 10:15:00
The Nigerian National Petroleum Corporation (NNPC) has stated that its adoption of a 24-hour depot and retail services cleared the fuel queues in Abuja, Lagos and many states across the country.
Africa’s performance over the year 2017: A Q4 summary by ICAEW Economic Insight
18-12-2017 | 09:54:00
East Africa is forecast to show very strong real GDP growth of 5.9% over the full year 2017. The biggest contributor to this expansion was Ethiopia (accounting for a full 2% of regional GDP growth), with its stellar performance of 7.1%.
[Nigeria] NNPC assures local investors of support as multi-million naira tank farm opens in Ogun State
14-12-2017 | 10:13:01
The Nigerian National Petroleum Corporation (NNPC) will continue to offer unflinching support to indigenous private investors in the nation’s Oil & Gas Industry.
Nigeria signs joint declaration on economic cooperation with European Free Trade Association
13-12-2017 | 13:53:37
Nigeria has signed a joint declaration on Economic Cooperation with the European Free Trade Association (EFTA) in Buenos Aires, Argentina, on the sidelines of the World Trade Organisation (WTO) 11th Ministerial Conference.
PayU Nigeria enhances online payments with PayU Receive
13-12-2017 | 09:54:00
Businesses in Nigeria can securely request and receive payments directly from their customers without any hassles using PayU’s innovative and secure product called PayU Receive.
Frost & Sullivan recognizes Nigeria's Credit Registry Services for adopting innovation in credit reporting
13-12-2017 | 09:42:00
Based on its recent analysis of the credit reporting & risk management enterprise software industry, Frost & Sullivan has recognized Credit Registry Services (CRS) with the 2016-2017 Product Leadership Award.
The Future of Work in Nigeria - GE Nigeria report
12-12-2017 | 11:51:00
General Electric Nigeria today released a whitepaper titled "The Future of Work in Nigeria. Bridging the Skills Gap: The Key to Unlocking Nigeria’s Inherent Potential".
SNEPCo links Nigerian and Chinese suppliers in latest effort to develop Nigerian content
12-12-2017 | 09:07:00
More than 20 Nigerian and 60 Chinese suppliers met in a strategic sourcing development forum in Shanghai mid-November in the latest effort by Shell Nigeria Exploration and Production Company (SNEPCo) to boost the capacity of indigenous vendors in the oil and gas industry.
APM Terminals launches refrigerated trucks for Nigerian farmers
11-12-2017 | 11:52:00
APM Terminals, in conjunction with Naija Pride and with the assistance of international development groups, is working to provide modern cold chain transportation alternatives for farmers in the agricultural centers of northern Nigeria.
[Nigeria] MainOne and Tizeti partner with Facebook to improve internet connectivity in Lagos
11-12-2017 | 09:20:48
MainOne and Tizeti have announced the completion of a joint development project with Facebook to enable the expansion of internet services in Lagos.
Aiteo Group and Benedict Peters Announce Appointment of Nigerian Legal Team
11-12-2017 | 06:00:00
The Aiteo Group and Benedict Peters, its Executive Vice Chairman have appointed top Nigerian lawyers to complement their international representation efforts within the country.
Firstmonie agents launched in every neighborhood in Nigeria
07-12-2017 | 12:55:00
Imagine a walking, talking ATM. No it is not a machine, Firstmonie agents are humans like you, except you can now perform a majority of your banking transactions with them without stepping into a banking hall.
Erin Energy announces the spud of Oyo-NW Well in Nigeria
07-12-2017 | 08:54:12
Erin Energy Corporation today announced it has commenced drilling of the Oyo North West well (Oyo-NW). Oyo-NW is a high-impact exploration well being drilled with the Pacific Bora, asixth-generation drilling rig, on the Company’s offshore Nigeria block 120.
[Nigeria] World Bank to help monitor repatriated $321million Abacha funds
06-12-2017 | 08:43:00
The Government of Nigeria, the Swiss Federal Council and the World Bank have signed an agreement on the repatriation and monitoring of $321 million of funds illicitly acquired by the family of former President, General Sani Abacha.
No plan to increase fuel price in Nigeria – NNPC
06-12-2017 | 07:45:00
The Nigerian National Petroleum Corporation has once again emphasized that there is no plan to increase the prices of petroleum products both at the ex-depot level and pump price ahead of the forthcoming yuletide.
Citi Foundation and Technoserve unveil three projects to support young African entrepreneurs
06-12-2017 | 06:54:43
The Citi Foundation and the international nonprofit organization TechnoServe have unveiled three new projects to support young entrepreneurs and workers in Africa through the Citi Foundation’s Pathways to Progress initiative.
[Nigeria] MTN Group’s 52 million customers set to benefit from Nokia’s latest solution
06-12-2017 | 06:22:39
Nokia to Nokia has been selected to help MTN Nigeria drive its transformation from network- to customer-centric operations and improve the experience for its 52 million customers.