Friday, April 19, 2019

Business

Latest and Trending Business News All Across The Globe

Ekiti Gubernatorial Election

Missing N4 trillion Oil Money: PDP accuses President Buhari of Corruption

Press statement from PDP The Peoples Democratic Party (PDP) charges President Buhari to explain the whereabouts of the N4trillion unremitted oil revenue and other financial rots...
Business owners in Nigeria to get loans up to N10m without collateral

Business owners in Nigeria to get loans up to N10m without collateral

Nigeria’s Vice-President Yemi Osinbajo has revealed that the Federal Government is working on a loan facility for business owners in Nigeria. According to Daily Post,...
Mtn Unveils Mpulse, A New Innovation For Teenagers

Mtn Unveils Mpulse, A New Innovation For Teenagers

MTN Nigeria has introduced its latest innovation, mPulse, a platform designed for Teens and Tweens from the ages 9 to 15 to enable them...

Power: Benin Republic, Niger pay Nigeria $10m after disconnection threat

The Republics of Benin and Niger have paid $10.1m as electricity bill to Nigeria to avert being disconnected from their power source in Nigeria...

Nigerian crude exports set for four-month high supply

The nation’s oil exports are expected to rise to their highest in four months in October, on the back of supply of several larger...

Why Nigeria’s gas sector development may remain elusive

The Nigerian gas sector outlook may remain bleak if lingering challenges, especially unfavourable regulatory framework and poor monetary policies are not addressed. Nigeria had 5,111...
Ekiti Gubernatorial Election

Buhari approves N73bn road project for Lagos, appoints Dangote as contractor

The Federal Executive Council, FEC, on Wednesday approved N72.9billion for the reconstruction of the road from Apapa to the toll gate on Lagos-Ibadan expressway...
Good work ethics will promote growth

Azinge: Good work ethics will promote growth and development

Worried by the lackadaisical attitude of many Nigerians, especially public servants to work, Professor Epiphany Azinge, through his Epiphany Azinge Foundation has begun a...
oando

Oando records N8.5 billion PAT in H1 2018

Oando continues to defy skeptics as the company recorded N8.5 billion profit-after-tax (PAT) in its half-year ended June 30, 2018 (H1 2018) results. The...
oando

Shareholders reinforce confidence in Oando management at 41st AGM

Oando recorded another victory with the successful conclusion of its 41ST Annual General Meeting (AGM) which held on Friday, July 27 at the Eko...
Kemi-Adeosun

FG, States, LGs share N822bn June allocation [Breakdown]

Federal, States and Local Government Councils have shared N821.9 billion from the federation account for the month of June. Minister of Finance, Mrs Kemi Adeosun,...
5g

What is 5G and what will it mean for you?

Superfast "fifth generation 5G" mobile internet could be launched as early as next year in some countries, promising download speeds 10 to 20 times...
Nigeria’s agricultural sector

Nigeria’s agricultural sector value to hit N91trn by 2050 – Expert

The Fishery Society of Nigeria (FISON) says that the value of the country agricultural sector is estimated to reach about 256 million dollars (over...
China

China firm to refund $12 million after France World Cup win

A Chinese kitchen appliance maker is paying out up to 79 million yuan ($12 million) in refunds to its customers. The company vowed last month...
 Drew Houston

How two strangers set up Dropbox and made billions

 Drew Houston, founder and chief executive of US cloud storage company Dropbox. Drew Houston says it felt as if he had just two weeks to...
Lekki

Court orders forfeiture of Lekki property over fraud

A Federal High Court sitting in Lagos has ordered the temporary forfeiture of a parcel of land in Lekki Peninsula to the Federal Government,...
build quality network

Senator Liyel Imoke urges young entrepreneurs to build quality network

Former Cross River State Governor, Senator Liyel Imoke, yesterday told young entrepreneurs that he did not obtain first class or second class upper to...
ATM CASH WITHDRAWALS

Banks restrict ATM cash withdrawals overseas

Nigerian banks have restricted cash withdrawals from overseas Automated Teller Machines (ATM) only to those whose cards are linked to their domiciliary accounts funded...

Heritage Bank to boost SMEs’ growth

Heritage Bank Plc says it plans to boost the capacity of the Small Medium Enterprises through its annual entrepreneurial reality show, tagged ‘The Next...

Cadbury Nigeria returns to profitability, approves N305. 51m dividend

Shareholders of Cadbury Nigeria Plc on Friday approved N301.51 million as total dividend for the financial year ended Dec. 31, 2017. The shareholders gave the...

How to sell anything using the Nigerian football jersey model

“Guy, it’s all about the jersey.” That was the response I got from my usually dramatic, football-loving British friend when we had a discussion...

Naira appreciates to N359/$ as CBN injects $210m

The Naira, yesterday, appreciated by N1to N359 per dollar in the parallel market even as the Central Bank of Nigeria (CBN) injected $210 million...

NEITI assists FG to recover $3bn from oil firms

The Nigeria Extractive Industries Transparency Initiative says it has assisted the Federal Government to recover over $3bn from oil and gas companies operating in...

JTF’s clampdown on illegal refineries causes kerosene scarcity

The renewed operations of the Joint Military Task Force in the Niger Delta, codenamed, Operation Delta Safe, has resulted in the shortage of kerosene...

Stocks start second half on negative note

The nation’s stock market kicked off the second half of the year on a negative note, reversing the slight gains recorded last month. The market...

Russian Company Renews Interest in Nigeria’s Mining Sector

Buoyed by recent positive developments in the country’s mineral sector, a Russian mineral deposits prospecting company, JSC Zarubezhgeologia, has come back to invest in...
Kia Motors

KIA Begins Prepaid Maintenance Package Nationwide

Kia Motors has promised to offer customers around the world a singular style of service designed after its service philosophy called, ‘Promise to Care.’...
Lafia

Odu’a shuts Lafia Hotel over debts

The management of Odu’a Investment Company Limited on Friday closed one of its hotels, Lafia Hotel, in Apata area of Ibadan over what it...
FG Plans 4 Power Sub-stations in Ogun State

FG Plans 4 Power Sub-stations With 330KVA in Ogun

Determined to ensure regular supply for both domestic and industrial use, Transmission Company of Nigeria (TCN) said it has begun the construction of four...

“We Lost 300 Cows” – Miyetti Allah Confirms Plateau Killings Were Retaliatory

The Miyetti Allah Cattle Breeders’ Association of Nigeria (MACBAN) says the raid by suspected herdsmen on three local governments in Plateau State were a...

Nigerian Businessman Jailed For 5 Years For Importing Container Load Of Tramadol

A Federal High Court in Lagos, on Friday, sentenced a businessman, Ifeanyi Ezeanwu, to five years imprisonment, over importation of a container load of...

Coca-Cola Launches First Alcoholic Drink (Photo)

In a bid to tap new markets and consumers, Coca-Cola has officially launched its first alcoholic drink. Coca-Cola has launched its first alcoholic drink, a...
nigeria's crude oil

Oil exports plunge as Shell Nigeria shuts pipeline

The nation’s crude oil exports have suffered another setback as Shell Petroleum Development Company of Nigeria Limited has shut down production following the discovery...

Nigerian lady launches Thermoplastic paint brand for road construction (Photos)

A beautiful Nigerian lady identified as Chioma Okpalugo has once again proved true the saying that ‘what a man can do, a woman can...

Frsc Recruitment 2018/2019 Form | Federal Road Safety Corps Form is Here: www.frsc.gov.ng

Frsc Recruitment 2018/2019 Form | Federal Road safety corps Recruitment Form is Here. Registration guide for www.frsc.gov.ng is what you’ll see here Now. Do you want to...

The Tragic History Of John Pemberton — The Man Who Invented Coca-Cola

1 year ago
If John Pemberton was never in the American civil war, he would never have become addicted to morphine, and we wouldn't know what coca-cola...

Despite Bitcoin’s ‘Sell-Off’ The Cryptocurrency Space Continues To Attract Investors

1 year ago
Volatility, volatility, volatility. Traders certainly love it. But the volatility witnessed of late among many leading cryptocurrencies - including the ‘Big Daddy’ of them...

Senate President, Saraki meets Bill Gates and Dangote

1 year ago
President of the Senate, Dr. Abubakar Bukola Saraki, on Thursday, met with billionaire American philanthropist, Bill Gates and Africa’s richest man, Aliko Dangote in...

CBN Injects $210m Into Forex Market

1 year ago
The Central Bank of Nigeria (CBN) in its quest to guarantee the availability of foreign exchange for customers’ needs has injected another 210 million...

AFC wins ‘Africa Power Deal of the Year’

1 year ago
Africa Finance Corporation (AFC) has been named the winner of the Africa Power Deal of the Year in the Infrastructure Journal (IJ) Global Awards...

NNPC: We spend N774m daily to subsidize petrol

1 year ago
The Nigerian National Petroleum Corporation (NNPC) said it spends N774 million every day to subsidize petrol and keep the fix retail price of N145 per...

Everything You Need To Know Before Investing In Cryptocurrency

1 year ago
“Cryptocurrency” refers to digital money. These are currencies that exist entirely online, and independent of any country, bank, or governing body. They are not based...

Blockchain will work in trucking — but only if these three things happen

1 year ago
Sometimes a buzzword gets so overhyped that it deserves some light-hearted mockery. That seems to be the case with “blockchain.” While it’s true that not...

Dangote pledges to make Nigeria self-sufficient in food production

1 year ago
Rewards 77 loyal distributors, customers Dangote Foods, comprising Dangote Flour Mills, Dangote Sugar Refinery and NASCON Allied Industries yesterday promised to make Nigeria self –sufficient...

CBN raises forex market with $210 million

1 year ago
The Central Bank of Nigeria (CBN) has made available $210 million to meet customers’ requests in various segments of the foreign exchange market. According to...

Nigeria, biggest loser of illicit financial flows in Africa – Adeosun

1 year ago
Nigeria is the biggest loser of the 50 billion dollars illicit financial flows out of Africa annually, Minister of Finance, Mrs Kemi Adeosun, has...

Breach of contract: Court awards $10m against Shoprite owner

1 year ago
The Lagos State High Court in Ikeja has entered judgment against Shoprite Checkers Limited, the operator of Shoprite outlets in Nigeria, in a $10m...

Naira To Hit 360 Per Dollar At Investors’ Forex Market

1 year ago
The naira is expected to firm slightly to 360 per dollar at the Central Bank of Nigeria’s Investors and Exporters Foreign Exchange window next...

Fresh edition of KENT business fair holds Saturday

1 year ago
The last leg of the Kid Entrepreneurs fair (KENT FAIR) for the year holds this Saturday at the Filmhouse Cinemas, Lekki Phase 1, Lagos. The...

Obasanjo seeks Thailand’s support for Agric sector

1 year ago
Former President, Olusegun Obasanjo has solicited the support of the Thailand government in the country’s quest to boost its agricultural sector. Obasanjo hinted that as...