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What may amuse you about TEF Entrepreneurship Programme

One of the largest African philanthropic initiative devoted to supporting entrepreneurs and entrepreneurship, Tony Elumelu Foundation (TEF), will on Tuesday, January 1, 2018, begin to…

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MTN launches first Disney mobile web service in Nigeria

Nigerian telco giant, MTN has launched the first Disney mobile web service in Nigeria, Disneynigeria.mobi, loaded with Disney-themed short-form content, games and shareable. The service is…

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Why the NCC is suspending the allocation of 5G frequency

Vice Chairman of the Nigerian Communications Commission (NCC), Professor Umar Danbatta, yesterday disclosed that the Commission is suspending these potential frequency spectrum allocations for 5G services- 26GHz,…

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NNPC explains contract for the Forcados Pipeline Surveilance

The Management of the Nigerian National Petroleum Corporation (NNPC) has proffered informed perspective on the reported award of oil infrastructure surveillance contract to an indigenous…

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VFD mulls banking license, seeks to raise additional capital

Shareholders of VFD Group Limited have approved plans by the management to raise additional N7 billion capital as it seeks to expand its business portfolio…

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Anchor Borrowers’ Programme has created 2.5 million jobs, this is how

Governor Godwin Emefiele of the Central Bank of Nigeria (CBN) has revealed that the apex bank’s Anchor Borrowers’ Programme (ABP) has created not less than 2.5…

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Why is CBN’s Emefiele issuing a stern warning to Nigerian companies?

Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has warned companies conniving with unscrupulous individuals to contravene the apex bank’s 41 items…

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MTN’s $2 billion tax trial suffers another delay

The ongoing trial between embattled telco-giant, MTN Nigeria and the Attorney General of the Federation over a $2 billion tax demand has been adjourned to…

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A look at SEC’s newly launched Green Bonds Issuance Rules

The Green Bonds Issuance Rules of the Securities and Exchange Commission (SEC), which were formulated in October after a series of collaborations with stakeholders in…

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Standard Chartered plans to invest more in digital channels

Standard Chartered Bank of Nigeria has disclosed plans to optimise its digital banking solutions and its branch network to cater to the evolving needs of its…

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The week that shook the world: the collapse of the Lehman Brothers and the effect it had on me

Too big to fail. Is anyone or anything really too big to fail? 10 years ago, the answer to this may have been yes; some…

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Dangote on diversification: Nigeria wasted money importing goods

Africa’s richest man, Alhaji Aliko Dangote, has reiterated the need for economic diversification as the key to wealth creation in Nigeria. The renown businessman also…

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Are the storms over for Diamond Bank?

2018 looked to be an annus horribilis (horrible year) for Diamond Bank, but it is slowly turning around. The MTN fine The bank was one…

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Lafarge Africa to raise N89 billion through rights issue

Cement giant Lafarge Africa in a notice sent to the Nigerian Stock Exchange (NSE), today has indicated its intentions to raise N89 billion through a rights…

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NNPC clears air on oil marketers fuel scarcity threat

The Nigerian National Petroleum Corporation (NNPC), has asked the general public to disregard the most recent threat of fuel scarcity by Nigerian oil marketers. While…

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How cutting of food imports saved $21 billion for Nigeria -CBN

Governor Godwin Emefiele of the Central Bank of Nigeria (CBN), has revealed that Nigeria’s monthly food import bill fell from $665.4 million in January 2015 to…

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America’s fast food company mulls Nigerian market

American global fast food outlet, Burger King (BK), has revealed plans to enter into the Nigerian market as it looks outside the U.S growth. According to…

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Shell concludes new partnership with GP, GACN

Shell Petroleum Development Company of Nigeria (SPDC) has signed an agreement with Geometric Power Aba Limited (GP) and Gas Aggregation Company of Nigeria (GACN). The agreement…

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This is how much Nigeria’s gaming industry has generated so far this year

The booming gaming industry in Nigeria has once again received a global recognition as the Global Games Market for 2018 has revealed. In a report…

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Cross River set to export ‘made in Nigeria’ clothing

The Federal Government has given the Cross River Garment Factory (certification) license to export its products beyond the shores of Nigeria to other parts of…

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