How technology is disrupting e-commerce, FMCG distribution

How technology is disrupting e-commerce, FMCG distribution

Disruption has transformed from being a business cliché to a fearful reality, especially if businesses intend to be relevant in the coming years.  Disruptions have changed...
CBN, orders banks to give key fact statement

CBN says milk importation “NOT BANNED”, blows hot on powerful Nigerians

@cenbank has revealed that milk importation is not banned as against widespread reports.
Ambassador Ayoola Olukanni

Nigerian Businesses spend N5 trillion yearly on power generation

The inadequate power supply situation in Nigeria has been identified as a major challenge facing many businesses in the country.
Seyi Makinde

Seyi Makinde’s assets to be verified by Code of Conduct Bureau

Oyo State Director of Code of Conduct Bureau disclosed that he was waiting for a directive from the agency’s head office to verify the N48 billion assets declared by Governor Seyi Makinde.
Seyi Makinde

Oyo State Governor, Seyi Makinde is worth over N48bn

The Oyo State Governor, Seyi Makinde, publicly declared his assets, as a fufilment to his polictical campaign and he is worth over N48 billion.
A floating loan box: Another wonder in Lagos?

A floating loan box: Another wonder in Lagos?

Passerbys and commuters of Alfred Rewane Road in Ikoyi Lagos have spotted a huge transparent glass box filled with Nairas that float.
Uber lay off employees, Uber cut operation cost, Uber drivers protest, Uber shares, Uber list on New York Stock Exchange, Uber first day of trading on NYSE, Uber, Ride-hailing companies in Nigeria

Uber extends routes to Benin City to compete with Taxify

Multinational transportation network company, Uber is set to launch its services in Benin city in Edo state towards the end of July.
Conoil Plc, NSE, Conoil Plc's shares, NSE suspends shares from trading shares

Conoil proposes N2 per share dividend for shareholders

All things being equal, the shareholders of Conoil Plc will get a dividend payment of N2 per share for the 2018 full year soon,...
Netflix acquires Kunle Afolayan's movie Mokalik

Online streaming site Netflix acquires Kunle Afolayan’s movie, ‘Mokalik’

Award-winning producer Kunle Afolayan recently disclosed that popular online streaming site Netflix has acquired his movie 'Mokalik'.
A.G Leventis

Leventis returns to winning way, declares N876 million profit after 3 years

Investors of Nigeria-based British conglomerate, A.G Leventis Nigeria PLC, have their lucky stars to thank as the firm has announced a profit of N876 million for the 2018 financial year-end after recording losses for three consecutive years.
Oando Plc, Wale Tinubu

Wale Tinubu pivots into Music with JAT Records as he celebrates birthday

Neither Oando or the SEC is stopping Wale Tinubu from celebrating his birthday and sharing his excitement of his new career.
Godwin Emefiele, CBN, Textile, CBN

CBN offers corps members loans for a 7-year tenor

CBN has promised to offer loans to National Youth Service Corps (NYSC) members for a 7-year tenor, for the startup of small and medium scale businesses in an effort to curb unemployment rate in the economy. @cenbank @nysc_ng
Apostle Johnson Suleman

Apostle Suleman to start up an owned airline business in Nigeria

Apostle Suleman of Omega Fire Ministries has disclosed that he is about to start an airline business in Nigeria that will employ 3000 Nigerian youths.
NCC

NCC launches cyber-crime control centres across Nigeria

In a bid to checkmate cyber security issues in Nigeria whilst keeping in touch with global best practices, the Nigerian Communication Commission (NCC) has finalised plans to launch cyber-crime control centres (known as Emergency Control Centres) across the country.
Infrastructure Credit Guarantee Company, InfraCredit, InfraCredit secures $15 million from AfDB, African Development Bank

Why AfDB is confident that Nigeria will sign the ACFTA soon

The African Development Bank (AfDB) is confident that the continent's largest country, Nigeria, will soon sign the Africa Continental Free Trade Agreement (ACFTA).
Shell

Shell plans $2 billion investment in Kano Electricity Distribution Company

Global oil giant, Shell, is set to invest $2 billion in Kano Electricity Distribution Company in the next three years.
Gokada shutdown

GoKada to add luxury yacht service to its operations

Nigerian on-demand transportation company, Gokada, recently added luxury yacht service to its services.
Cheng-Fa Nigeria Limited

A Chinese company just got shut down in Lagos; here’s why

Aokete Lighting Electronics Ltd has been sealed off by a special task force of the Importers Association of Nigeria over an alleged illegal business operation in the country.
It would cost you N1.2 billion to have lunch with Warren Buffett

It would cost you N1.2 billion to have lunch with Warren Buffett

Ever wondered what it would be like to have lunch with Warren Buffett, the fourth-richest person in the world? That would make for a very exciting adventure, not to talk of the many business lessons you would surely learn while at it.
Mark Essien

Mark Essien explains why tech firms should always give newbies a chance

Popular Nigerian entrepreneur and the CEO of Hotels.ng, Mark Essien, recently explained why it is of uttermost importance for Nigerian technology firms to always avail young and inexperienced tech talents a chance.
Akin Alabi, Value selling,

NairaBet’s CEO has an interesting business idea for you

The Founder and former CEO of NairaBet, Akin Alabi, recently shared a new business idea via his Twitter page, whilst urging his followers who are capable of it to harness the idea.
Uber to ban low rated passengers from its services Kate Parker writes on Uber blog

As Uber plans to ban low-rated passengers, here’s how to avoid that

@Uber now believes that the customers are not always right. In line with this, the car hailing company plans to ban disrespectful riders. Click link for details...
2019 Budget

2019 Budget: FG may borrow more to close N102.8 billion funding gap

In order to take care of the funding gap that was created as a result of the National Assembly's tinkering with the 2019 Budget, the Federal government of Nigeria may increase its rate of borrowing this year
Airtel Africa

Airtel Africa may consider dual listing on London and Nigerian Stock Exchanges

Airtel Africa may be considering listing on @lseplc and @nsecontact
Cadbury Nigeria Un-audited Interim Financial Information, OK Foods Limited has sued Cadbury UK Limited

OK Foods Limited is suing Cadbury for N260 million over trademark claims

OK Foods Limited has slammed Cadbury UK Limited (the parent company of Cadbury Nigeria Plc) with a N260 million lawsuit following Cadbury's claim of trademark violation by the plaintiff.
Cadbury Nigeria Un-audited Interim Financial Information, OK Foods Limited has sued Cadbury UK Limited

OK Foods Limited is suing Cadbury for N260 million over trademark claims

OK Foods Limited has slammed Cadbury UK Limited (the parent company of Cadbury Nigeria Plc) with a N260 million lawsuit following Cadbury‘s constant claims of trademark violation by the plaintiff.
China Chamber of Commerce

Chinese companies’ investments in Nigeria hit $20 billion – CCCN

The president of the China Chambers of Commerce in Nigeria, Mr. Ye Shuijin, recently disclosed that the total investments of Chinese companies in the country have reached $20bn.
Hadi Sirika

Why four aviation unions commenced indefinite strike earlier today

Four aviation unions went on strike over the failure of the Nigerian Civil Aviation Authority (NCAA) to solve problems associated with perceived faulty organogram in the authority.
Nigerian National Petroleum Corporation, Ndu Ughamadu

NNPC reshuffles management as NPDC boss and 49 others lose their jobs

The Managing Director of the Nigerian Petroleum Development Company, Yusuf Matashi, has been sacked and replaced with Usman Yusuf, the former Assistant to the GMD.
Governor Fayemi commissions Gossy Water

Gossy Water returns as Governor Fayemi commissions production plant

One year after the popular Gossy Water went out of business due to the liquidation of its parent company, it has re-emerged in full force.

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Ray Dalio

A Billionaire recommends 3 Strategies to Create Wealth

Ray Dalio, founder of Bridgewater Associates, has pointed out to young investors three strategies they should adopt inorder to create wealth.
World Bank

Why World Bank blacklisted CCECC, 5 other Chinese firms

The Chinese energy company, CRCC Petroleum and Gas Company Limited and 5 other companies have been blacklisted by the World Bank. 
Ministerial list

President Buhari assigns portfolios to all 43 ministers [Full-List]

President Muhammadu Buhari has finally assigned portfolios to all the forty three (43) ministers.