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91% of SMEs using Facebook app record revenue growth

Facebook, in its recent Economic Impact Study, revealed the growing importance of digital platforms to Small and Medium Scale Enterprises (SMEs) in Nigeria. The Social media giant...

Shareholders to meet as PCMN delists from NSE, reverts to private status.

Shareholders of Paints and Coatings Manufacturers Nigeria (PCMN) Plc are scheduled to meet and vote on sub-joined resolutions that will see the company revert...

SureRemit raises $7million from ICO for digital voucher system rollout

SureRemit has announced it raised  $7m on the initial coin offering market ( ICO). Using a digital voucher platform and network of local merchants...

TSA: Keystone Bank denies allegation of hidden government funds

Keystone Bank Limited has denied having in its custody any illegally hidden money belonging to the Federal Government of Nigeria or any of its...

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...

Bharti Airtel targets strategic acquisition,market expansion.

The African arm of India's Bharti Airtel, led by Nigeria, appeared to be on the upward swing, as the region reported a profit of...

Access bank grants male staff paternity leave

Tier one lender, Access Bank Plc has announced a change in its human resources policy for its staff. Men whose wives have given birth...

These Nigerian banks have been listed for African awards

Nominees have been announced for the Banks of Africa Advertising Awards billed for February 23 at the Johannesburg Stock Exchange, South Africa. This year’s event...

Delay in Lagos-Ibadan rail project explained.

The Minister of Transportation, Mr. Rotimi Amaechi, has expressed worry about a number of unforeseen challenges affecting the construction of a standard gauge railway...

Contract breach: Court awards $10 million damages against shoprite

Nigerian firm, AIC Limited has been awarded $10 million as damages against South African retail giant, Shoprite Checkers (PTY), Limited and its business partner,...

Dispute Resolution: Access Bank upgrades ombudsman for better performance

In line with its reputation for adopting best practices in all facets of its operation Access Bank has announced the upgrade of its customers...

Sun Trust Bank announces new Board Chairman

The Board of SunTrust Bank Nigeria Limited (SunTrust Bank) has announced the appointment of Mr. Jibril J. Aku as Chairman of the bank succeeding...

Polio Debt: Gates Foundation agrees to repay Nigeria’s $76m debt.

Nigeria has given the its green light to Bill and Melinda Gates Foundation to start the repayment of 76 million dollars polio eradication facility...

6 salient points to pick from Uzoma Dozie’s 2017 Year In Review

Mr. Uzoma Dozie is the Chief Executive Officer and Group Managing Director of Diamond Bank Plc. He once served as Deputy Managing Director of...

Police in US arrest white “Nigerian Prince” for sending 419 mails

Slidell Police Department in the United States have arrested a white man, who poses as a "Nigerian Prince" to defraud unsuspecting victims of their...

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...

Authur Eze’s Oranto Petroleum secures Uganda oil exploration deal

Oranto Petroleum has announced the signing of two production sharing two production sharing agreements with Uganda to explore for oil and gas around Lake...

Why Dangote’s failed paste factory should give Buhari more headaches than Dangote

For all intent and purposes, it looked like the perfect scenario- a multi-billionaire native industrialist coming in to invest several millions of dollars in...

FirstNation reacts to suspension by NCAA

First Nation Airways has released a statement in response to the Nigerian Civil Aviation Authority (NCAA)’s suspension of its regular services.  The NCAA had...

Here is how CBN Forex policy hurt Bureaux De Change (BDC) operators

The president, Association of Bureaux De Change Operator of Nigeria (ABCON), Alhaji Aminu Gwadabe said the Bureau De Change (BDC) business has been negatively...

Nigeria’s ₦4.314 trillion crude oil target now looks gloomy

Nigeria’s plan to increase its crude oil revenue to N4.314 trillion from 300 million barrels of crude oil now looks “unlikely” due to the...

Increased offshore trade boosted transactions on NSE by 7.13% in June – Exchange

The Nigerian Stock Exchange data has revealed that increased inflows from foreign investors has boosted the transactions on the stock market by 7.13% to...

Gas shortage cut cement manufacturers output capacity by 36%

The Cement Manufacturer Association of Nigeria (CMAN) said the shortage in gas supply has compelled cement manufacturers in Nigeria to produce 36% lesser than...
MTN Nigeria Limited

SEC DG confirms it is in discussions with MTN about its listing

Director- General of the Securities and Exchange Commission (SEC)  Munir Gwarzo has confirmed that the regulator is in discussion with MTN about its listing...

Nigeria now has capacity to fabricate FPSO Modules -Izomor

The Group Managing Director and Chief Executive Officer of MG Vowgas Limited, Mr Godwin Izomor has urged the Federal Government to insist that complex...
Nigeria’s GDP picks up to 2.28% y/y in Q3-19

Despite gaining over 60%, these 5 blue chip stocks are still undervalued  

The Nigerian Stock Market has maintained its bullish run which began after the CBN introduced the Investors’ and Exporters’ Window. The window allows forex...

Zenith Bank has taken a cover on 30% of its 9mobile loan – CEO

The Chief Executive of Nigeria’s Zenith Bank, Peter Amangbo said on Monday that the bank has made a provision on 30% of its loan...

CAC is currently delisting Nigerian companies from its database

The Registrar General of Corporate Affairs Commission (CAC), Bello Mahmud, has disclosed that the commission is currently delisting companies from its database. He said...

Nigerian oil and gas projects to get more funds from Chinese banks

The NNPC Group Managing Director, Dr. Maikanti Bar, revealed that Chinese banks had made commitments to invest as much money as might be needed...

3 DIY Ways to Find a Suitable Valuation of a Business

Valuing a business is a worrisome necessity for many business people- on one side for those who want to sell who fear undervaluing the...