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)...
Dr. Akinwnmi Adesina, Lutoyilex Construct Ltd, Fraud, AfDB

AfDB loans Indorama $100 million for expansion.

The African Development Bank (AfDB) has approved a $100 million senior loan to Indorama Eleme Fertilizer & Chemicals Limited. A senior loan is a loan issued to a company or individual...
AIRBNB

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
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.
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...

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...
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.
Uber set to take advantage of Lagos waterways with UberBoat 

Uber set to take advantage of Lagos waterways with UberBoat 

After months of anticipation, Uber has finally expanded its operation in Nigeria by launching a boat service called UberBoat.
Juice. Courtesy- Roberta Sorge via Unsplash

Coca-Cola Nigeria will start Juice production to boost revenue

The parent company of Coca-Cola Nigeria, Coca-Cola HBC, has revealed that it will prioritize the production of plant-based beverages, juice smoothies, and PET juice packaging...
marvin ronsdorf via unsplash

Cadbury renews contract with NFF as partnership deals hit $50 million

TomTom, a product from the staples of Cadbury Nigeria PLC and the Nigerian Football Federation has signed a new three-year agreement that will make...

UAC Plc turnover surges to ₦ 89 billion in 2017

UAC of Nigeria PLC has released its financial statements for the year ended December 2017. The report shows an 8% increase in revenue from  ₦82.6...
Mark Essien Startups

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.
adams

Standard Chartered Bank denies Adam Oshiomhole’s claim

Hours after Standard Chartered Bank has refuted the claim, stating that it is not owned by a South African company.Adams Oshiomhole listed Standard Chartered Bank as one of the South African companies operating in Nigeria, 

Smart Products Ltd (Associated Press Limited) posts ₦43 billion in 2017

Smart Products Plc (formerly Associated Press Limited)has released its Full year 2017 financial statements results. Highlights of the results: Gross Revenue 2016: ₦49.8 million 2017: ₦43.95 million % change: -11.7% Profit...
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...
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.
Nigerian Equity Market

Market/economic insight: the weekly brief (November 26th – 30 November 2018)

The performance of the Nigerian Equity Market remain bearish last week with the index (NSE ASI) down by 2.54% WTD to close at an index level of 30,874.17 and Market capitalization of N11.27 trillion.
Airtel Africa

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

Airtel Africa may be considering listing on @lseplc and @nsecontact
Mutual Funds

Common Mistakes Mutual Fund Investors Make

Buying mutual funds of similar characteristics, is a major reasons that people invest in mutual funds is diversification.
Chairman, Heirs Holdings Group, Mr. Tony Elumelu and President of African Export-Import Bank(Afreximbank), Dr. Benedict Oramah, during the signing of $600 million Facility Deal between Afreximbank and Heirs Holdings Group to scale Heirs Holding’s Energy Investments in Africa…….. in Cairo, Egypt on Tuesday

Heirs Holdings Signs $600 million Facility Deal with Afrexim Bank, to scale its Energy...

Afrexim today, signed financing facilities totalling US$600 million with the Heirs Holdings Group, a pan-African proprietary investment holding company.
Tayo Oviosu

Tayo Oviosu shares his entrepreneurial experience as Paga clocks 10

Tayo Oviosu, the Founder and Chief Executive Officer of the mobile payments company Paga, took to Twitter, yesterday, to share his entrepreneurial experience. In a question...
Tax Waivers for startups - Emotional intelligence

Things you should know before starting a business

The CEO of AfriSwiss Capital Assets Management Limited, Kalu Aja, recently shared some important tips on how to run a successful business. Take a look...
European Union

EU declares readiness to help Nigeria achieve its renewable energy investment

The European Union recently disclosed its readiness to help Nigeria to actualise its renewable energy investment.

Updated: Kinnevik explains why iROKO Tv was removed from its list of its Investee Companies

Swedish tech investment company Kinnevik may have reduced the relevance of its stake in iROKOTV as it did not disclose the PayTV as one...

Diageo to expand Kenyan plant to meet demand from Nigeria, other countries

British alcoholic giant Diageo will increase production of spirits from its Kenyan plant to meet rising demand from Nigeria and other African countries. The...

UBA, 3 others to migrate to NSE premium board

The Nigerian Stock Exchange NSE has announced the migration of Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and United Bank...
Facebook. Photo by Tim Bennett on Unsplash

Mark Zuckerberg responds to the data breach scandal

Facebook Billionaire Mark Zuckerberg has apologized in the wake of the recent data breach of over 50million users. The tech giant said that the world’s...
Pictures from the launch ceremony of the new Access Bank Plc

Pictures from the launch ceremony of the new Access Bank Plc

The unveiling ceremony followed the completion of the merger process between the tier-1 bank and Diamond Bank Plc.
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,...
AMCON

AMCON gives conditions to return seized airlines to owners

The Asset Management Corporation of Nigeria (AMCON) says it is willing to hand over ownership of Arik Air and Aero Contractor airlines if the...