Qatar Airways Touches Down for the First Time in Abuja, Nigeria

The airline will operate three weekly flights from Abuja via Lagos Passengers from Abuja can enjoy more flexible travel options via the most connected and...

Why the South African Rand is 2nd-best performing EM currency

Since the onset of the COVID-19 pandemic, foreign exchange markets experienced a whirlwind of volatility as movement restrictions and a weakened global trade weighed...

Weststar Increases Product Portfolio with Mercedes-Benz Axor

Weststar Associates Limited, Authorized General Distributor of Mercedes-Benz in Nigeria, has announced Mercedes-Benz Axor as its new offering for commercial vehicle fleet owners in...

Ellah Lakes announces a joint venture with Ondo State for the development of Oil Palm and Cassava Plantation

Lagos, November 27, 2020: Ellah Lakes Plc (Ellah Lakes) is happy to announce that it has executed an agreement with Ondo State Government for...

Telecom & IT

Global Digital Advertising Spending to Jump 14% YoY and Hit $395B in 2021

Although the COVID-19 pandemic slowed the growth of digital advertising, online ads are still expected to increase their market...
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Xiaomi shares slide despite positive third-quarter performance

Xiaomi shares slid 3.7% today in Hong Kong to HK$26.15, despite the phone maker’s positive financial and operating performance during the third quarter of the year. The...

Pandemic winners: HP and Dell report better than expected earnings

Both HP and Dell reported their earnings after the close of markets yesterday. The earnings were better than expected as the work-from-home trend lifted...

MTN is leading the charge for Africa’s fourth Industrial Revolution

It has been predicted that the Fourth Industrial Revolution (4IR) has the potential to raise global income levels and improve the quality of life...

Orange launches its 5G network by making quality of service its priority

Orange announces the launch of its 5G network in 15 French municipalities, as of 3 December 2020, including Nice, Marseille, Le Mans, Angers and...

Business & Economy

NSE, PRI Collaborate to Host Webinar on Responsible Investing

The Nigerian Stock Exchange (NSE) will collaborate with the Principles for Responsible Investment (PRI) to host a webinar on Responsible Investing (RI) and Economic,...

Studio Press Nigeria Appoints 3 Executive Directors

Lagos, Nigeria, 26th November 2020 - The Board of Directors of Studio Press Nigeria PLC has approved the appointments of the following Executive Directors...

Stanbic IBTC Holdings PLC Announces the Establishment of its wholly-owned Life Insurance Subsidiary

Stanbic IBTC Holdings PLC is pleased to announce that it has obtained all required Regulatory Approvals as well as a License from the National...

Dicing with debt – sovereign risks rise in Africa but crisis not imminent

Increased borrowing and spending in recent years have driven concerns Africa is heading towards a debt crisis. The economic fallout from the COVID-19 pandemic...

SunTrust Bank Picks Former CBN Director as New Chairman

The Central Bank of Nigeria (CBN) Former Director, Mr. Olanrewaju Shittu has been elected as the chairman of SunTrust Bank Nigeria Limited by the...

SME Corner

Here Are The Most Profitable Startups That Will Bring You Big Gains In 2020

As the pace of technological advancement increases, the scope for the evolution of newer start-ups is on the rise....

LBS alumnus, Mike Ewewie is solving Nigeria’s poverty problem through shoes

Mike Ewewie comes from a family that has been involved in the shoemaking business for 25 years but on...

Standard Chartered Launches the 2nd edition of its Women in Tech programme to support Nigerian Female Entrepreneurs

November 09, 2020 – Standard Chartered Bank (Nigeria) Limited today launched the second edition of its SC Women in Technology...

How to apply for Kwara State N500m SME funds

The Governor of Kwara State Abdulrahman Abdulrasaq tweeted that he visited the sites of some of the businesses that...

Free 250,000 FG/CAC Business Names Registration for MSMES

Business formalisation Support of the Micro, Small & Medium Enterprises (MSMEs) Survival Fund As part of Federal Government’s post-Covid-19 Pandemic...

Beverages

#AriyaRepete2020: Ariya Repete Returns With ‘‘Omoluabi Special’’

Nigeria’s foremost talent hunt competition for indigenous music, Ariya Repete, returns with yet another edition. Announced on Wednesday, November 11, 2020, this year’s edition...

Golden Guinea Breweries Plc Reports N18.88m PAT in Q3 2020

The Umuahia, Abia State-based Golden Guinea Breweries Plc has released its unaudited financial statements for the year ended September 30th, 2020. The brewer recorded Revenue...

Elites Fans Celebrate As Erica Nlewedim Bags Double Endorsement Deal With Star Radler and Legend Extra Stout

Elite Fans have taken to social media to congratulate Ex BBN-Housemate and Nollywood actress, Erica Nlewedim, over her double endorsement deal with Star Radler...
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Must Read

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to you, there is no time...

List of United Bank for Africa (UBA) Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort code is usually used when transferring...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is held. The sort code is...

Here is a list of all Microfinance Banks’ USSD Codes in Nigeria.

A Microfinance bank is a type of bank that offers small loans, or microloans, to individuals, entrepreneurs and small businesses. These banks typically function...

Ogun State Resumes Monthly Environmental Sanitation this Saturday

After a long break due to COVID-19 pandemic, the Ogun state government says the monthly Environmental sanitation exercise will resume this month and it...

List of Mobile Banking USSD Codes For All Banks in Nigeria and how to use them

The introduction of USSD codes (Unstructured Supplementary Service Data) has changed the Nigerian banking system completely. Today, mobile banking services have been deployed by...

Agro News

Food Prices soared in October, prices highest in Edo, Kwara, Sokoto – NBS

Food prices soared in October, the consumer price index (CPI) report released on Monday by the National Bureau of Statistics (NBS) has shown. According to its selected food price watch for the month of October, the average price of 1 dozen...

Ogun State facilitates more capital to boost Fish Production

Ogun State Ministry of Industry, Trade and Investment will continue to facilitate access to capital and work with relevant agencies to build the capacity...

40,000 young people in Nigeria to benefit from Young Africa Works-IITA project training program

In May this year, the International Institute of Tropical Agriculture (IITA) partnered with the Mastercard Foundation to start the Young Africa Works-IITA Project, an...

Customers meet farmers supplying Shoprite store farm-fresh produce

Nigerian farmers will have the opportunity to sell their fruit and vegetables directly to Shoprite customers on Saturday, 28 November, as part of the...

Lagos to partner FAO to enhance Coconut Production

The Lagos State coconut value chain, conservatively put in excess of N350 billion yearly, is set to be activated as the State partners the...

Video and Magazine News

Energy & Power

Here are the average Prices of Petrol, Diesel, Kerosene and Cooking Gas for October 2020

The average price paid by consumers for premium motor spirit (petrol) increased by 10.79% year-on-year and month-on-month by 0.07% to N161.17 in October 2020...

Ardova to act as Main Distributor for Shell Lubricants Branded Products

Ardova Plc (formerly Forte Oil PLC) will act as the main distributor for Shell Lubricants branded products for the automotive and industrial sectors in...

LEKOIL Announces the Resignation of Strand Hanson Limited as its Nominated Adviser

LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that Strand Hanson Limited has resigned...

Japaul, Chinese firms sign agreement on Gold Mining

Japaul Gold & Ventures Plc (Japaul) formerly Japaul Oil & Maritime Services Plc has concluded discussions and has gotten approval in principle from the...

Real Estate

BUA Cement Waxing Stronger Against All Odds

Further Revenue Growth in Q3 Boosts Overall 9M Topline Performance In Q3:2020, BUA Cement Plc. improved on the revenue gains made in H1:2020 to deliver...

Dangote Cement PLC Generated N761.44bn Revenue as PAT Surge by 35.20%

Dangote Cement PLC delivered an impressive performance in Q3-2020 with revenue up by 12.01% boosted by a 5.63% and 6.59% growth in cement production...

BUA Cement Posts Impressive Q3, 2020 Financial Results As Revenue Hits N156.6Bn

BUA Cement, one of Africa’s largest cement producers, has declared revenues of N156.6billion in its 2020 third quarter (Q3) financial results for the 9-months...

Rebound in Global Travel Will Be Gradual Despite Probable Vaccines, says Fitch Ratings

Global demand for travel and tourism will take several years to recover to pre-pandemic levels, despite growing evidence that effective coronavirus vaccines may be...

Transcorp Hilton Abuja wins big at the 2020 World Travel Awards.

Transcorp Hilton Abuja has emerged the winners of the 2020 World Travel Awards in 4 categories notably Africa’s Leading Business Hotel. This is the...

Ikeja Hotel Receives Occupancy Revocation, N1.4bn Loss in Q3 to Affect Dividend Declaration

Ikeja Hotel Plc has issued a statement via the Nigeria Stock Exchange (NSE) to its Shareholders on the unaudited group Accounts for the third...

Tourism Industry to Lose Over $1 Trillion and Can Reduce Global GDP By Up to 2.8%

Tourism, which is the third-largest export sector in the global economy, is among the worst impacted sectors by the global pandemic. According to the...

Retail - Brick & Click

BREAKING: Konga Bulk offers 35,000 laptops, PCs, others at huge discounts Friday

Konga, Nigeria’s foremost e-Commerce giant, is set to make available over 35,000 units of laptops, Personal Computers (PCs), tablets and complimentary printers at giveaway...

Alibaba Merchants Sell $40B in First Half Hour of Singles Day 2020, More than 2019 Event Full Sales

Singles Day 2020 was a roaring success, cementing its position as the world’s biggest shopping holiday. The event saw consumer spending on Alibaba’s eCommerce...

Konga emerges Company of the Year at Business Hallmark Awards

Konga Nigeria’s foremost composite e-commerce giant has been rewarded with the highly coveted Company of the Year award in the just-concluded People of the...

Shoprite surprises customers on a bumper Black Friday

Shoprite Nigeria’s supermarkets have offered early Black Friday deals and big discounts on everyday essentials as customers are increasingly looking for value, given the...