NNPC Announces Top-Management Level Appointments, Redeployments

The Nigerian National Petroleum Corporation (NNPC) has announced new appointments and redeployments in the National Oil Company, as part of ongoing efforts to strengthen...

All set for Konga discount party by 12pm

Konga is set to host a discount party for the July and third edition of Konga Last Price, a monthly live online auction pioneered...

How Business Can Fight COVID-19 in the Poorest Communities

The COVID-19 crisis has triggered an unprecedented homegrown response in Africa. There has been an outpouring of corporate philanthropy and community solidarity: for example,...

Lagos Business School emerges as the only African business school on 2020 Economist ranking

Lagos Business School (LBS) has become the only business school in Africa to be featured on The Economist 2020 Executive MBA Ranking. The Economist’s Executive...

Telecom & IT

Four strategies for helping women in fragile settings succeed in the digital economy

The coronavirus (COVID-19) pandemic is disproportionately impacting women’s livelihoods. Young women are more prone to unemployment and under-employment than men, and many...
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Samsung Remains Dominant in the Smartphone Memory Market with 50% Revenue Share in Q1 2020

The global smartphone memory market registered a total chip revenue of $9.4 billion in Q1 2020, according to the Strategy Analytics Handset Component Technologies...

MTN launches first 5G network at 100 sites in South Africa

MTN's journey towards delivering SA's best network experience is celebrated today with the launch of its next-generation 5G network, which is delivering higher peak...

Coca-Cola, Unilever, PepsiCo and more join Facebook ad boycott

Major food and beverage companies including Coca-Cola, Unilever and PepsiCo have joined an advertising boycott of Facebook amid concerns of misinformation and hate speech on the platform. Firms including Diageo,...

Infinix Mobility launches elegantly designed Smart TV S1 into the Nigerian Market

Infinix, Africa’s premium online-driven smartphone brand, designed for the young and stylish generation has unveiled its new Smart TV product – S1 into the...

Business & Economy

Global food commodity prices rebound in June

In June, global food commodity prices rose for the first time since the beginning of the year driven by a rebound in vegetable oils,...

SSA Monetary Policy Response to COVID-19: At the expense of price stability?

The global outbreak of the novel Coronavirus in early 2020 precipitated an economic crisis in the sub-Saharan African region as the prices of key...

Nigeria Outlook H2 2020: Up in the Air

Global Economy in 2020: Up in the Air In January 2020, we estimated that better trade terms between the US and China, improved clarity on...

Monthly Money Market Review: CRR debit squeezes liquidity

In Jun-2020, the size of financial system liquidity declined relative to the prior month, as the effect of naira outflows outweighed naira inflows. The...

Lekoil raises $3.5 million prepayment facility

LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, is pleased to announce that...

SME Corner

How To Apply For NPower 2020 Recruitment

The NPower program was launched a few years ago and became one of the top opportunities for young individuals...

CAC Certificate to Contain Tax Identification Number

Business owners who register their businesses with the Corporate Affairs Commission (CAC) will no longer need to approach the...

6 Ways You Can Support Local Businesses With Google Maps

As cities and economies start to reopen, people are looking for ways to support their favourite small businesses. We...

How Small Businesses Can Access CBN’s N50b Loan

The coronavirus pandemic has affected every single aspect of life in Nigeria and around the world, but various businesses...

Google launches Google for Nonprofits in Nigeria

Google has launched Google for Nonprofits in Nigeria. Google for Nonprofits aims to empower not-for-profit organizations by providing them...

Beverages

Social Distancing: Photos From Nigerian Breweries Plc Annual General Meeting

Shareholders of Nigeria’s foremost brewer – Nigerian Breweries Plc, have approved a total dividend of N16.1 billion for the year ended December 31, 2020....

FrieslandCampina WAMCO reports a 8.5% increase in 2019 turnover

Nigeria’s leading dairy processor, FrieslandCampina WAMCO, has announced a turnover of N161.83 billion (US$417.6m) for the financial year ended Dec. 31, 2019. This was made...

LASCOPA Commences Verification of Compliants on Adulterated CWay Water

Sequel to a public complaint about the unwholesome activities of a water facility operated by one Mrs. Olufunmilola Salawu, accused of refilling CWay Dispensable...
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Must Read

NNPC Announces Top-Management Level Appointments, Redeployments

The Nigerian National Petroleum Corporation (NNPC) has announced new appointments and redeployments in the National Oil Company, as part of ongoing efforts to strengthen...

Here is the list of Providus Bank Branches in Lagos

A little over two years after it was granted a commercial banking license with regional authorization by the Central Bank of Nigeria (CBN), the...

List of Guaranty Trust Bank 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...

List of latest Ponzi schemes in Nigeria

These are the latest and past Ponzi scams and shady investment products that Nigerians are putting their monies into. What is a Ponzi scheme? A Ponzi...

Top 10 Most Expensive Universities In Nigeria

For many Nigerians, high-quality higher education is a luxury. There are many private universities who are known not only for their top-notch teaching staff...

Updated Cost Of Clearing Cars In Nigeria

The automotive industry in Nigeria is still in its early development stages and there are very few cars produced and assembled in the country....

Agro News

GBfoods completes N20 Billion Tomato Processing Factory in Kebbi

Lagos, Nigeria - GBfoods, a global leader in culinary product manufacturing, in partnership with the Central Bank of Nigeria (CBN), Kebbi State Government and the Emirate of Yauri recently built a N20 billion Tomato processing factory, in Kebbi State....

IITA and Mastercard Foundation to implement Young Africa Works in Nigeria

The Youth in Agribusiness office of CGIAR-IITA is partnering with the Mastercard Foundation in Nigeria to implement the Young Africa Works strategy. A joint media release on...

LASU Emerges National Partner To Fao, Wins $95,000 Grant To Support Development Of Catfish Value Chain In Nigeria

The Lagos State University has been selected by the Food And Agricultural Organization (FAO) as its National Partner Institute (NPI) in implementing the FISH4ACP...

GBfoods Completes ₦20Billion Tomato Processing Factory in Kebbi State

Multinational culinary product manufacturer GBfoods has commissioned the recently completed tomato processing factory in northwestern Nigeria, the company said Monday. The ₦20 billion plant,...

LASCODA Set to Organise Coconut-Based Arts, Crafts Training

The Lagos State Coconut Development Authority (LASCODA), in collaboration with the Lagos State Employment Trust Fund (LSETF), has set plans in motion to organise...

Video and Magazine News

Energy & Power

Oando Attends Presidential Flag Off Ceremony For Construction Of 614km Ajaokuta-Kaduna-Kano Gas Pipeline Project

Lagos, Nigeria – Following an official press statement and update to the market on April 19, 2018, Oando PLC, is pleased to announce to...

Oil Prices Fall Back Below $40 On New COVID Fears

The two-month oil rally has stalled, with WTI falling back to $38 per barrel. The resurgence of Covid-19 across the U.S. has halted the...

Implementation of Electricity Tariff Review By Ikeja Electric

This is to notify our esteemed customers that the implementation of the revised electricity tariff by Ikeja Electric Plc will take effect from July...

Kenya’s first ever floating solar power plant to be constructed

Kenya’s first-ever floating solar power plant is set to be constructed in the rift valley region. The 69 kW power infrastructure will be commissioned...

Real Estate

Ekiti State Partners With UNOPS And SHS Holdings To Build 50,000 Affordable Homes

Part of UNOPS Sustainable Infrastructure Impact Investments (S3I) initiative, the agreement will help address housing shortages in Ekiti State, with a focus on sustainability...

Lagos Warns Against Drilling Boreholes without Licence, Permit

…Seals Erring Construction Site in Ikoyi The Lagos State Water Regulatory Commission (LSWRC), has cautioned operators in the borehole drilling industry against operating without the...

COVID-19 threatens to ruin a record year for Africa’s hotel developers

African hotel development had returned to growth at the start of 2020, with more than 78,000 rooms in 408 hotels in the pipeline, according...

Economic Impact Of COVID-19 On Tourism And Remittances: Insights From Egypt

As COVID-19 reaches everywhere, low- and middle-income countries are racing to respond to this massive and fast-moving challenge. In the first country blog post...

Federal Government Adds Austria and Sweden To List Of High Risk Countries

The Federal Government has added two more countries to the list of high-risk countries following the outbreak of coronavirus. The countries include Austria and Sweden. The...

Turkish Airlines Adopts Stiffer Safety And Hygiene Measures

As an airline that is committed to the wellbeing of its passengers, crew members and the entire public, Turkish Airlines has continued to prioritize...

Analysis of The Nigeria Visa Policy (NVP) 2020

President Muhammadu Buhari, on 4 February 2020, officially presented the Nigeria Visa Policy 2020 (NVP 2020 or the Policy) structured to outline the expectations...

Retail - Brick & Click

Shoppers to enjoy rock-bottom prices as Konga rolls out flash sales to mark 8th anniversary

Konga, Nigeria’s composite e-commerce giant is set to roll out its flash sales today, Monday, June 29, 2020, as part of efforts to mark...

COVID-19: Consumer Goods Sector Hardest Hit – Survey

A recent survey conducted by REACH Technologies, a Nigeria-based fintech, on behalf of FBNQuest, corroborates findings from the NBS COVID impact survey that consumers...

Shoppers compete for deals as K8NGA 8th anniversary sale goes live

Thousands of eager shoppers stormed the website and offline stores of e-commerce giant, Konga as the company flagged off its 8th-anniversary sales on Monday, June...

COVID-19: Jumia Celebrates its 8th Anniversary in Support of Its Communities

Africa’s leading e-Commerce platform, Jumia, will mark its 8th Anniversary by celebrating consumers and communities through a consumer and seller centric campaign in the...