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...

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...

Dangote and Black Rhino sign agreement with Kano State Government to build solar plant

Residents in Kano and environs may soon have cause to smile soon as the Dangote Group and Black Rhino have signed an agreement with...

What bootstrapping is and 3 ways a small business can practice it right

Bootstrapping is a common term in the business world. However, for the sake of our green horn entrepreneurs, we look at what bootstrapping is,...

Here is cold feedback from an entrepreneur who left her day job to pursue...

Leah Hynes, shares her experience from when she left her successful 10-year career in Public Relations and community engagement in 2013 to launch The Connection...

71 Industries are now eligible for Pioneer Status up from 44

The Federal Executive Council (FEC) of Nigeria has approved a new list of industries and products that could benefit from tax exemption available under...

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