Company News

July 31, 2017

Summary of the top business, economic and political news in Nigeria today. The Lagos State Water Corporation, (LWC), has begun...

Key takeaways from Google CEO visit to Nigeria

July 31, 2017

The Chief Executive Officer (CEO) of Google Inc., Mr. Sundar Pichai, recently visited Nigeria for the first time. This is...

BRT operator reduces fares by 5%

July 31, 2017

Barely three months after a price increase was introduced across all routes, Primero Transport Services Limited, operators of the BRT...

Carton of Indomie Noodles Record 40% Price Increase in Three Months

Dufil Prima, owners of Indomie wants to raise N40 billion in long term debt

July 30, 2017

Dufil Prima, the company behind the popular Indomie noodles, has signalled intentions to raise N40 billion from Nigeria’s debt markets....

Why Should Be Wary Of Investing In Cement Stocks

Despite recession, cement companies report over N570 billion in revenue so far in 2017

July 30, 2017

Nigeria’s 3 major cement companies have made a total of N574.5 billion in revenues for the six months ended June...

Moet boss says Nigeria is its biggest Champagne market in Africa

July 30, 2017

In what many may take as a sign of Nigerians love for imported items, Moet and Chandon Global Ambassador Pierre...

Paystack records N1 billion in monthly transactions value

Paystack recorded a monthly transaction volume of N1 billion three days ago. It was announced via a tweet by Ezra...

Business News

All the major economic news from Nigeria in 5 minutes-28/7/2017

Summary of the top business, economic and political news in Nigeria today. Nigeria’s Minister of State for Petroleum Resources, Dr....

Blackbit Energy Limited to distribute Total Nigeria’s solar power solutions

BlackbitEnergy Limited has signed an agreement with Total Nigeria for the distributorship of its solar power solutions. Oil companies have...

Union Bank borrows some of Uber’s features in its revamped mobile app