Avengers: Endgame

Marvel’s Avengers: Endgame beats Titanic’s $2.12bn box office record

In just a few weeks following its release, Marvel's highly-acclaimed  film, Avengers: Endgame, is said to have surpassed the 21-year-old record set by Titanic which...
feeding Nigeria’s current and future population

How farmers can benefit from this $1.5 million agric grant

Stakeholders in the Agric sector now have till November 16th, 2018 to take advantage of grant money (to the tune of $1.5 million) which has been made available by the Agriculture Fast Track Fund, AFTF.

Biomass…a preferred alternative source of energy generation in Nigeria

Biomass are resources generated from plant materials like wood that can be degraded. i.e. convertible materials. And principally, it is the result of what...
Aerial Shot of Egbin Power Plant

Sahara Power Group partners with South Sudan for power sector development

In keeping with its vision to 'Light up Africa', Sahara Power Group (SPG) has signed a Memorandum of Understanding (MoU) with the South Sudanese Ministry of Energy & Dams to develop the country’s power sector in the generation, transmission and distribution spaces.

These Nigerian songs are about to cost Multichoice N5.9billion damages

A Federal High Court  has delivered judgement in a suit filed by Multichoice Nigeria Limited against Musical Copyright Society of Nigeria Ltd.(MCSN)/GTE. It would be recalled...

Nigeria’s Manufacturing Index expanded in February

The Central Bank of Nigeria has released the Manufacturer's Purchasing Managers' Index PMI survey report which hit 56.3 index points in February indicating an...
2nd Annual PEBEC Awards Recognises MDAS, PUBLIC & Private Sector Supporters for Improving Nigeria's Business Climate

2nd Annual PEBEC Awards Recognises MDAS, PUBLIC & Private Sector Supporters for Improving Nigeria’s...

The Presidential Enabling Business Environment Council (PEBEC), has held the second Annual PEBEC Awards in Abuja, Nigeria.

Jaiz Bank bullish on non-interest banking

Managing Director, Jaiz Bank, Alhaji Hassan Usman has expressed satisfaction with the level of acceptance of non-interest banking in the country. Usman noted that...
the largest billboard in the world

FCT Minister halts construction of world’s biggest billboard in Abuja

The original location of the billboard was earlier disapproved by FCT authorities because it was close to an area mapped out for the new city gate.
Saleh Mamman, Minister of Power

Power Sector: 11 DisCos recorded N1.67 trillion revenue shortfalls in 5 years 

Electricity Distribution Companies (DisCos) in Nigeria suffered huge revenue shortfalls in the tune of N1.67 trillion in the past five years.  
First Bank of Nigeria Limited

First Bank reiterates commitment to continue lead on digital banking

Adesola Adeduntan, the CEO of First Bank of Nigeria Limited, has disclosed the bank's commitment to keep up with its objective of driving digital banking.
foreign investment

Foreign inflows down 31% q/q in Q2 2019    

Capital Importation into Nigeria resumed its decline with a steep drop in the inflow of funds in Foreign Portfolio Investments (FPIs).

Beta Glass Plc announces changes in Management

Beta Glass PLC has announced the resignation of two of its directors:  Mr. Olaolu Akerele and Chief Christopher Aviele. The resignations take effect from...

US-based Krispy Kreme Doughnut officially launches in Nigeria

Krispy Kreme Doughnut Corporation, a United States-based food company has formally made its entrance into the Nigerian market. At the pre-launch of their doughnuts at...
Photo by Thomas Millot on Unsplash

9mobile Acquisition: NCC, CBN officials claim ‘no knowledge’ of who Teleology’s paid $50million to

The chairman, House committee on Telecommunications, Hon. Saheed Akinade-Fijabi has threatened that the House of Representatives may be forced to stop the ongoing sale of...
CBN Monetary Committee, PMI

Diary Production: Herdsmen to leverage on CBN’s Anchor Borrowers Programme 

Livestock production in the country is expected to gain growth as the Central Bank of Nigeria (CBN), has disclosed plans to support nomadic herdsmen in the country

Airbnb announces plan to go public  

Airbnb has announced its plans to go public in 2020. This is according to a statement released by the company
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.
BREAKING: President Buhari retains portfolio as Petroleum Minister

President Buhari to review report on N30,000 new minimum wage

Although, it is unsure if President Muhammadu Buhari has signed new minimum wage into law, but he promised to review the submitted report by Rewane's PTAC
Ahmed Kuru - Non-Performing loans

AMCON hails CBN on new lending policy

The Managing Director of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, has commended the directive of the Central Bank of Nigeria (CBN)...
Sugar Surge in Nigeria

Nigeria spends N57.2bn on sugar importation as Dangote Sugar records profit decline

Efforts by the Government to curb importation of sugar has failed as report shows that Nigeria currently spends N57.2 billion on sugar importation.
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.
MTN Group Chairman Phuthuma Nhleko, MTN responds to Board change rumours, Bloomberg report, Public Investment Corporation, Funso Aina, MTN, Public Investment Corporation

Update: CBN waves white flag at MTN once more

Central Bank Governor, Godwin Emefiele in a brief today revealed that the $8.1billion dividend MTN Group Limited illegally moved abroad may get reviewed.

Nigerian brands on alert as Facebook revises news feed algorithm

The recent announcement by social media giant Facebook of a change in its newsfeed algorithm has claimed its first casualty. Recall that Facebook had earlier...

Nigerian Labour Congress has proposed ₦72,000 as the new minimum wage

Apparently succumbing to persistent agitation by the Nigeria Labour Union, coupled with the prevailing economic realities public workers across the country face, the Buhari-led...
MTN Nigeria Plc

The CBN vs MTN logjam could have ripple effects – Analysts

As the conversation continues about the CBN order requiring MTN to repatriate $8.1 billion to Nigeria as well as the sanctions imposed on 4 banks,...
MTN Nigeria, NCC

Here’s why ATCON has issues with CBN’s decision on MTN

The Association of Telecoms Companies of Nigeria (ATCON) has voiced support for their member, while criticising the apex bank's decision. 
Airtel Africa

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

Airtel Africa may be considering listing on @lseplc and @nsecontact
World Bank, Mineral

World Bank cites Nigeria and others as causes of slowed growth in Africa

The World Bank, yesterday, disclosed how slowed economic growth in some key African economies - Nigeria, South Africa, and Angola - is affecting the rest of the continent.
Audu Ogbeh

Reactions trail Minister’s claim that Nigerians now import Pizza from London

Mr Audu Ogbeh made a shocking revelation, yesterday, when he appeared before the Senate Committee on Agriculture.



Police shuts Opay office in Kano

Emerging reports have it that the Nigerian Police Force (NPF) has shut down the office of online payment portal, OPay.
CBN, Key lending rate

CBN offers clarification on cashless policy, but Nigerians aren’t having it 

Nigerians are not here for CBN's (@cenbank) tweet this morning trying to clarify the rather controversial cashless policy.

Eurobonds in Nigeria: What they are and how to invest in them

Eurobonds in Nigeria: What they are and how to invest in them