PFAs Increase Investments in FGN Bonds by N935 Bn to N6.64 Trn in 9 Months…

Freshly released report on pension fund assets by National Pension Commission (NPC) showed that the total value of pension assets for the first nine...

Insight Redefini Appoints Group Creative Director

Insight Redefini Group, a member of Troyka Holdings has deployed Sinmisola Hughes-Obisesan to the role of Group Creative Director Insight Redefini, in furtherance of...

Heirs Holdings Significantly Expands Oil and Gas Portfolio

Acquires 45% of OML 17 from Shell, Total and ENI Existing Production Capacity of 27,000 barrels of oil equivalent per day Estimated 2P...

OPEC Predicts A Rebound In U.S. Shale

Oil prices fell back on Friday over demand concerns. News that China has reported its highest Covid-19 case count in months weighed on market sentiment. OPEC sees...

Telecom & IT

US places Xiaomi on list of banned companies

The US Department of Defense has added more companies to its list of “Communist Chinese military companies” that can...
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MTN rewards users with 1GB of data for downloading Covid-19 Alert app

MTN recently announced that it is rewarding its users that download the Covid-19 Alert South Africa app with 1GB of data that is valid...

Samsung unveils Galaxy S21 flagship smartphones, sales to start January 29

Samsung has unveiled its new flagship smartphone series for 2021, the Galaxy S21. Under the tagline 'Every day epic', the three new models will...

Lack of Interest in Autonomous Driving Features Not Only Down to Trust, Finds Strategy Analytics

Improving Usefulness and Usability Through Interface Design and Dealer Education Will Help Promote Autonomous driving Feature Benefits. A lack of trust is not the only...

Worldwide PC Shipments Grew 10.7% in Q4 of 2020 and 4.8% for the Year – Report

Continued Consumer Demand Results in Highest Global PC Market Growth in a Decade Worldwide PC shipments totaled 79.4 million units in the fourth quarter of...

Business & Economy

Nigeria Inflation: Cost-Push Pressures Stoke Prices All-Year.

Nigeria Inflation soared to a 37-month high of 15.75% (Vetiva:15.91%) in December, driven more recently by festive demand alongside earlier multiple cost-push factors which...

How Might Nigeria’s Investment Cycle Pan Out in 2021?

The COVID-19 pandemic was perhaps humanity's first-ever health and economic crisis in the 21st century that brought the greatest of the nations to their...

Understanding Private Equity and Alternative Investments – FBNQuest

Although there are a variety of options for raising capital and attracting investors, equity is one of the two most sorts after options. It...

December Inflation Rate Jumps to 15.75% amid Persistent Surge in the Food Index…

The National Bureau of Statistics (NBS) reported that the headline Inflation rate sustained its uptrend for the 16th consecutive month to 15.75% in December...

December 2020 Inflation Rate Rises to 15.75% as Food Inflation Jumps to 19.56%

The consumer price index, (CPI) which measures inflation increased by 15.75 percent (year-on-year) in December 2020. This is 0.86 percent points higher than the...

SME Corner

The Coca-Cola Foundation Empowers Over 4,600 Women in 5 Months

A women empowerment and capacity building program sponsored by The Coca-Cola Foundation in partnership with Karis and Eleos Hand...

#YouTubeBlackVoices: How YouTube is Supporting Black Creators and Artists

12 January 2021 - YouTube today released its inaugural class of African content creators set to receive a grant...

5 Ways To Make Money From The Comfort Of Your Home

Not everyone would like to have a white-collar job and even if you have one, it is always good...

Tony Elumelu Foundation Unveils African Entrepreneurship Programme

The Tony Elumelu Foundation (TEF), on Friday in Lagos, unveiled the TEF Entrepreneurship programme for 2021, to empower women...

What Is Lisnic Entrepreneurial Business Networking?

Various entrepreneurs and business professionals are wondering what Lisnic is, especially if they're looking to network with like-minded people....

Beverages

Coca-Cola Nigeria Limited Announces Alfred Olajide As New Managing Director

The Coca-Cola Company has appointed Alfred Olajide as its new Vice President and Managing Director for its Nigeria Operations following a reorganization of The...

Champion Breweries’ Substantial Shareholder Acquires Shares Worth ₦4.95 Billion

The Raysun Nigeria Limited (a local Substantial Shareholder), purchased 1,903,609,538 ordinary shares of Champion Breweries Plc in a transaction on Thursday, January 7th. The...

Coca-Cola To Unveil Wall Murals Across The Country in Celebration of Nigeria’s Strength And Resilience

Coca-Cola Nigeria Limited is set to unveil stunning wall murals across the country to highlight the unity and tenacity of Nigerians during the yuletide...
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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...

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...

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...

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 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...

Agro News

World food prices rise for 7th month in a row in December

FAO Food Price Index reached a three-year high overall of 2020 World food prices rose for the seventh consecutive month in December, led by dairy products and vegetable oils, the Food and Agriculture Organization of the United Nations reported today. The FAO...

Commodity Prices Surged In December 2020 – Report

Energy prices surged in December, led by a more than 15% increase in oil prices, the World Bank’s Pink Sheet reported. Non-energy prices jumped 4.7%.  Agricultural prices advanced 2.1%...

Ogun State to Establish Agro-Allied Airport

The Ogun State government, in partnership with the former president, Olusegun Obasanjo, has said it plans to commission an agro-allied airport for commodities in...

Price of 1kg of Rice Increases by 23.46% YoY in November 2020 – NBS

The National Bureau of Statistics (NBS) says that the average price of 1 dozen of Agric eggs medium size increased year-on-year by 6.64% and...

Desert Locust upsurge continues to threaten food security in Horn of Africa and Yemen despite intense efforts

16 December 2020 - A new generation of Desert Locust swarms is threatening agricultural and pastoral livelihoods and the food security of millions of...

Video and Magazine News

Energy & Power

World Bank Plans to Invest over $5 Billion in Drylands in Africa

The World Bank plans to invest over $5 billion over the next five years to help restore degraded landscapes, improve agriculture productivity, and promote...

Ardova Plc Positions to Acquire Enyo Retail and Supply Limited

LAGOS, NIGERIA – 13 January 2021 – Ardova Plc, a leading Nigerian integrated energy company, and the shareholders of Enyo Retail and Supply Limited...

Rolls-Royce & UK Space Agency Launches First Study Into Nuclear Power For Space Exploration

Rolls-Royce has signed an innovative contract with the UK Space Agency for a study into future nuclear power options for space exploration. This first...

Globeleq Acquires Private Power Generation Company in Nigeria

Globeleq, a leading independent power generation company in Africa, has confirmed it will take a 74% majority equity stake in an existing Nigerian power...

Real Estate

Northcourt’s 2021 Nigeria Real Estate Market Outlook

World at Home 2020 will be described as the year of unprecedented shifts and shocks. COVID-19 effects were evident in the economy and real estate...

Know Your Real Property Investments And Rights

You think you already know all you need to know as regards real property investments and the rights surrounding it? That may not be...

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...

Transcorp Hilton Abuja Launches its Christmas Staycation Offer

Transcorp Hilton Abuja has launched its Christmas Staycation package aimed at giving guests an exceptional experience as they end the year 2020. The Christmas offer,...

Demand for Second Passport Surges by 50 percent amid Covid-19 restrictions

National lockdowns, closed borders and travel restrictions have helped drive up enquiries for second passports, citizenships and overseas residencies by more than 50% year-on-year,...

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...

Retail - Brick & Click

CBN Issues Framework for QR Code Payments in Nigeria

In furtherance of its mandates to, ensure the safety and stability of the Nigerian Financial System, promote the use and adoption of electronic payments...

Covid-19 Fuels A 50% Increase In Omnichannel Shopping Across The U.S.

Covid-19 Fuels A 50% Increase In Omnichannel Shopping Across The U.S. The COVID-19 pandemic has democratized e-commerce for all types of consumers, and over 18...

TradeDepot Highlights Smaller Packs And Increased Food Spending As Top Trends That Will Shape Nigeria’s Retail Sector In 2021

12 January 2021 - TradeDepot, the B2B eCommerce platform for consumer goods in Africa, has today released new insights from its market data that...

QR Code Payment Users to Reach 2.2 Billion Globally by 2025, as Services Expand Beyond China & India

11th January 2021: A new study from Juniper Research has found that the total number of QR code payment users will exceed 2.2 billion in...