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News about Companies, SMEs, Startups
Providus Bank deactivates virtual account numbers of PiggyVest, Monnify
PiggyVest and Monnify have disclosed that Providus Bank has deactivated its virtual account numbers.
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GTB, Zenith, UBA lead banks with highest social media followers
Here is a ranking of Nigerian banks with the highest social media followers.
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Industrial index down by 2.07%, as shares of Lafarge, Dangote, others decline on NSE
The overall performance of the companies was bearish as the index closed on a negative note with five losers.
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NSE CGI down by 3.22%, as shares of Nestle, NB, Dangote Sugar, Flour Mills decline
NSE Consumer goods Index closed the week at 593.91 index points, as shares of Nestle, NB, Dangote Sugar, Flour Mills...
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Covid-19 induced losses increase acquisition risk for Hotels
Covid-19, low price to book ratios expose Hotels to possible takeover bids
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NERC says 62.63% of electricity consumers on estimated billing
NERC has disclosed in its recent report that 62.63% of electric customers in Nigeria were under the estimated billing package...
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FG announces lifting of suspension on Emirates Airlines operations
FG has directed the lifting of the suspension order initially placed on the operations of Emirates Airlines.
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World Bank to boost Nigeria’s power distribution with $500 million
World Bank has approved $500 million to support DisCos in Nigeria.
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Nigeria’s first and largest industrial-scale gold mine set to be completed in first half of 2021
Segilola Gold Mine, Thor’s flagship gold project looks set to be completed in the first half of 2021.
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DPR says Nigeria to earn $500 million from signature bonuses for 57 marginal oilfields
Nigeria is expected to earn about $500 million from the signature bonuses to be awarded for 57 marginal oilfields in...
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