Jumia Technologies, a pan-African technology company, has listed on the New York Stock Exchange (NYSE), becoming the first-ever technology company from Africa to list on the world’s largest stock exchange. The largest e-commerce operator in […]
Christine Lagarde, managing director of the International Monetary Fund, says Nigeria and other countries across have spent $5.2 trillion on fuel subsidy since 2015. Addressing the press on Thursday at the ongoing spring meetings of […]
Classified marketplace in the country, Jiji.ng and OLX, have announced that both companies have reached an agreement under which Jiji will acquire OLX businesses in Ghana, Kenya, Tanzania, and Uganda, pending certain regulatory approvals, and […]
The international trade fair for plastics and rubber, K Fair 2019, will again bring leaders in the sector from October 16 through 23, 2019 to Messe Dusseldorf, Germany. Over 3,000 exhibitors from more than 60 […]
Only economic growth can defuse poverty time bomb in Nigeria, Bloomberg said in an editorial on Sunday. The New York-based international news agency, which described President Muhammadu Buhari’s record over the last four years as […]
Innoson Vehicles Manufacturing, an automobile company, has asked Guaranty Trust Bank (GTB) for shares if the bank cannot comply with a judgement of the supreme court on a debt of N8.7bn. Last week, the company […]
Vice-president Yemi Osinbajo has said fertiliser blending programme in collaboration with Morocco has led to establishment of 11 blending plants with a capacity of 2.1million and a price drop from N13,000 per 50kg bag to […]
Aliko Dangote, Africa’s richest man, says he withdrew $10 million just to look at it and convince himself that he is rich. Speaking at the Mo Ibrahim governance weekend, ongoing in Abidjan, Dangote said he […]
To bridge gaps between rural farmers and the market place, the Farmcrowdy Group (FCG) has launched a new subsidiary, Farmgate Africa, a technology-driven agro-trading market place for agriculture commodities in the continent. Established in 2016, […]
The insurance industry has an image problem. Most policyholders engage only rarely with their insurers – to renew their policy once a year or when something goes wrong and they need to make a claim […]
Access Bank closed the 2018 financial year with a strong final quarter that produced close to 30% of gross earnings and more than one-third of profit. That changed the bank’s earnings picture at the end […]
Access Bank Plc has listed its recently issued green bond on the FMDQ OTC Securities Exchange and the Nigerian Stock Exchange. This follows the formal approval of the bond by the Securities and Exchange Commission. […]
Kaduna – Africa’s richest man and president of the Dangote group, Aliko Dangote has challenged northern leaders to wake up from their lethargy and provide leadership that will lift the region from extreme poverty and […]
Guaranty Trust Bank experienced another year of tight revenue in 2018 and management had to apply a pruning saw on costs to build profit. The volatile earnings behaviour seen at the end of the third […]
Following the completion of its merger with Diamond Bank, Access Bank Plc on Sunday night launched a new brand logo. The News Agency of Nigeria (NAN) reports that the new brand logo was unveiled to […]
Stakeholders in the nation’s power sector have expressed divergent views on the call by the National Leader of the All Progressives Congress, Bola Tinubu, for the Federal Government to revisit the privatisation of the sector. […]
Analysts and market-watchers were, in no doubt, shocked when the monetary policy committee of the Central Bank of Nigeria announced its decision to cut interest rate by 0.5% on Tuesday. After keeping the monetary policy […]
The National Leader of the All Progressives Congress (APC), Asiwaju Bola Tinubu on Thursday called on the Federal Government to halt further action on the planned increase in Value Added Tax(VAT). Tinubu, who spoke at […]
Subscribers to mobile telecommunications services in Nigeria spent about N767.23bn on airtime purchase from November 2018 to January 2019, investigations have revealed. This figure is based on the number of subscribers in the three months […]
The claim that Nigeria is now self-sufficient in rice production is fallacious and deceitful. A rice research centre told The Guardian that though the Anchor Borrowers’ scheme, especially on rice production, had been helpful in […]
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