Business News

Business News

Lagos Govt to demolish shanties under high-tension cables in Makoko

Crime and Insecurity

Mele Kyari ‘honors’ EFCC ‘invitation’ over alleged fraud investigation at NNPCL

Business News

EFCC declares Emeka Ufomba wanted over alleged diversion of public funds

Home Category Business News

Business News

Business and economic news from Nigeria and around the world.

CDC Group pledges $1 billion investment in Nigeria and other African countries

by Chidi Emenike

CDC Group has pledged a $1 billion investment in strategic areas in Africa that includes Infrastructure, climate projects and finance.

Cryptos

Ex-Real Madrid Striker, David Barral becomes first-ever footballer to be bought with Bitcoin

by Ajalogun Hakeem

Former Real Madrid Striker, David Barral has become the first-ever footballer to be bought with Bitcoin.

Lafarge Africa provides grant for startups, Lafarge Africa’s latest earnings report reveals 8.5% decline in gross profit , Lafarge Africa gets new CFO one month after resignation of former finance director, Lafarge Plc reveals why it invited Italian man with Coronavirus to Nigeria, Lafarage Africa group Plc posts a revenue of N213 billion in 2019, profit up N17 billion, Lafarge moves to sell 35% shareholding in Continental Blue Investment Ghana Limited

Lafarge moves to divest 35% shareholding in CBI Ghana

by Omokolade Ajayi

Lafarge Africa Plc has resolved to sell off its 35% shareholding in Continental Blue Investment Ghana Limited.

AfDB and EIB collaborate to fast-track development in Africa

by Johnson Uche

AfDB and EIB have signed a partnership that will have them cooperate in boosting public and private sector investment in...

AfDB partners DFID to unveil $80m infrastructure financing for Africa, ADB launches $3 billion “Fight COVID-19” Social Bond, US calls for an independent probe of AfDB president, Akinwumi Adesina, AfDB board denies asking Adesina to step down as Obasanjo says the bank risks being hijacked

Africa remains the world’s next business frontier – Dr. Akinwumi Adesina

by Johnson Uche

Dr Adesina has stated that Africa remains a good fertile ground for investment, largely dependent on how well it can...

NIMC debunks reports of breach of its database

Telecom operators say 21 million subscribers are still without NINs

by Chike Olisah

21 million telephone subscribers are still without NIN, telecommunication operators have revealed.

#EndSARS: NEC to review implementation strategy for reports of Judicial Panels - Osinbajo

Business News

FG’s plans on economic growth depend entirely on business climate – Osinbajo

Osinbajo has stated that every plan of the government relating to economic growth depends greatly on the business climate in...

Oil, DPR, FG announces commencement of bids for marginal oilfields despite court injunction

Malabu Oil Scandal: Prosecutors demand JPMorgan documents

U.S bank, JPMorgan has been ordered by a court to present documents of a transaction regarding the $1.3 billion Malabu...

Biden's election is a reminder that democracy is the best form of government - Buhari

Politics

We look forward to a Biden presidency with great hope and optimism – Buhari

President Buhari has expressed optimism in Nigeria's relations with a Joe Biden administration.

Number of Nigerians affected by flooding rises to 3.2 million

N-Power: FG and CBN launch job exit strategies for beneficiaries