Unilever Nigeria records 34% decline in Revenue in 2019 Unaudited Result

Unilever Nigeria Plc published its Full-year (FY) 2019 earnings report indicating a loss of N4.22 billion vs N10.15 billion profit in the corresponding period...

LSPWC begins rehabilitation work on LASU-Iba road intersection with Lagos Badagry Expressway (Photos)

Lagos State Public Works Corporation (LSPWC) begins rehabilitation work on LASU-Iba road intersection with Lagos Badagry Expressway. This rehabilitation work is expected to end Wednesday...

NIPR Fellows Pays Tribute To Chief Alex Akinyele

Professionals in the Marketing Communications Industry on Thursday, 23rd of January 2020, paid their last respect to the late Chief Alexander Opeyemi Akinyele, at...

Accelerate Movie Night: Here’s All That Went Down At The Accelerate Screening Of Sugar Rush Movie

Last night Accelerate hosted movie lovers, media and followers to an exciting movie night at the Film houseIMAX Cinema in Lekki. Guests filled up...

Telecom & IT

Airtel Gets New Number Range, 0904

Leading telecommunications services provider, Airtel Nigeria, has announced that it has added 0904 number series to its numbering range,...

Chinese Firm Plans Computer Plant in Nigeria

Spur Group, an information technology company from China, has said that it will establish a computer hard and soft wares manufacturing plant in Nigeria. The...

FSD Africa Invests $3.2 Million in Two African Fintech Firms Operating in Nigeria

Again, two financial technology companies in Africa, MFS Africa, and Frontclear have secured $3.2 million worth of investments from FSD Africa Investments. This latest round of...

9mobile Unveils ‘Enin’ Chatbot to Serve Customers Better

Top Nigerian telecommunication provider, 9mobile, has launched the first Artificial-Intelligence chatbot solution named Enin to offer personal digital customer assistance to customers on its services. Enin, a...

LASDRI set to Commence Online Training

The General Manager of the Lagos State Drivers' Institute (LASDRI), Mrs. Afusat Tiamiyu has revealed that the training Institute is putting plans in place...

Business & Economy

Africa needs to seize this growth opportunity

This week's UK-Africa Investment Summit will provide a welcome business-focused forum for leaders to assess the challenges and opportunities for African countries.  Throughout the summit,...

Improving digital access offers greatest private-sector investment opportunity in achieving the SDGs in Africa, says Standard Chartered

Opportunity2030 study reveals an almost USD200 billion private-sector investment opportunity in contributing to the UN Sustainable Development Goals (SDGs) in five African countries; The...

Citigroup Turns in an Excellent Q4 2019

Net Income of $5.0 Billion ($2.15 per Share) Revenues of $18.4 Billion Returned $6.2 Billion of Capital to Common Shareholders ($22.3 Billion in...

African Development Bank President Akinwumi Adesina opens trading on London Stock Exchange

“My ringing of the bell here today marks the beginning of a new exciting, strategic, and impactful engagement.” – African Development Bank President Akinwumi...

Taraba Assembly Passes 2020 Budget

The Taraba State House of Assembly on Tuesday passed the State 2020 budget estimate of N215.6bn into law. Taraba Governor, Darius Ishaku had on December...

SME Corner

Top 5 Investments to consider in 2020

Few weeks into the new decade and you are already backtracking from our new year resolutions? Come on now, its...

LASG to Monitor, Regulate Activities of Informal Businesses

…Advises Business Owners to Comply With Operational Standards The Lagos State Government has reiterated the need for Lagosians in...

Re: It Is When You Start Business That You Know How Dishonest Nigerians Are…The Fate Of Underpaid, Work-For-Long Hours Nigerians

I know we all have collective excesses as a culture... breeding children anyhow, spending to prove self-worth and impress...

GTBank’s Quick Credit Offers Loans to Customers at 1.33%

Guaranty Trust Bank (GTBank) Plc has announced a reduction in the interest rate for a set of credit facility...

NAIJA DONORS: Plans on Boosting Nigeria’s Economy through Crowdfunding Start-up

Naija Donors is barely new but very positive and hopeful of becoming Nigeria’s number one crowdfunding and fundraising start-up...

Beverages

What is an Authentic Scotch Whisky? MacArthur’s has the Answer

MacArthur’s have been making Scotch Whisky for over 140 years, so if anyone knows what a Scotch Whisky is, it must be MacArthur’s! What Is...

Hollandia Yoghurt signs Yemi Alade as brand ambassador to mark 15 Years Anniversary

Hollandia Yoghurt, Nigeria’s leading drinking yoghurt brand, has announced a partnership agreement with Miss Yemi Alade, a multiple award-winning artiste of international repute, as...

EAT’N’GO Shares Plans To Expand Operations To 14 Cities Across Nigeria

Lagos, January 2020 -  Eat’N’Go Limited, leading franchisee for world-class food brands, Domino’s Pizza, Cold Stone Creamery and Pinkberry Gourmet Frozen Yoghurt, has today...

Must Read

List of Guaranty Trust 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...

Midea Showrooms And Stores In Nigeria

If you’ve been wondering where Midea showroom and stores are in Nigeria below is a list of Showrooms and Authorised dealer stores nationwide. MIDEA STORES...

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...

Shop now, pay later with www.zerofinance.com.ng

Zerofinance is Nigeria’s leading online retail store, providing quality branded home electronics, domestic appliances, computers, mobile phones and household furniture to customers with installment...

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...

Governor Akeredolu promises to pay N30,000 New Minimum wage

As workers in the country mark the 2019 May Day, the Ondo state Governor, Arakunrin Oluwarotimi Akeredolu SAN, has promised to pay N30,000 new...

Agro News

Price of Tomato, Yam, Rice, increase in December – NBS

Prices of three food items including tomatoes, yam, rice increased in December data from the National Bureau of Statistics have shown. The NBS in its selected food price watch for December reported that the average price of 1 dozen of...

Olam Announces a Re-Organisation of Its Business to Unlock Long-Term Value

Re-organises the business into two new distinct operating groups focusing on food ingredients and global agri-business Simplifies the portfolio, sharpens focus, enables investors...

Governor Fayemi Moves To Make Ekiti Rice Market For SouthWest

Governor of Ekiti State, Dr Kayode Fayemi on Tuesday reiterated his commitment to providing the needed mechanism that would fast track the commencement of...

Photo News: Sanwo-Olu in crucial visit to Bariga Market

Yesterday, after his interaction with over 2,000 teachers currently in training at CMS Schools Complex Bariga, Lagos State Governor Babajide Sanwo-Olu stopped at Bariga...

FISH FARMING: Lagos Empowers 4O Youths With Cage Culture System

Forty youths, on Wednesday, benefited from the Lagos State Government’s empowerment programme that provided 40 cages stocked with 1,000 juvenile catfish respectively in the...

Video News

Energy & Power

Oil Falls Despite Major Outage In Libya

Oilprice.com Oil prices pared gains in early trading on Tuesday, as a new virus in China raised fears of an economic slowdown. Even substantial oil...

Average Price for Diesel Increases; Petrol Drops in December – NBS

The average prices paid by consumers for automotive gas oil (diesel) have increased while the cost of premium motor spirit (petrol) has decreased, the...

Nigerians paid more for Kerosene and Cooking Gas in December – NBS

The National Bureau of Statistics (NBS) said that the average price per litre paid by consumers for National Household Kerosene increased by 0.96% month-on-month...

Africa Oil Closes Acquisition of Petrobras Assets in Nigeria

Canada-based Africa Oil has announced the closing of the acquisition of a 50 per cent ownership interest in Petrobras Oil and Gas B.V. (POGBV) BTG...

Real Estate

IKOYI/VI CLEAN-UP: 29 Vehicles impounded as Major Night Operation Holds (Photos)

The enforcement campaign of the Special Committee on Clean-Up of Ikoyi and Victoria Island yesterday, embarked on a late-night operation and impounded 29 indiscriminately...

Lagos State Safety Commission sensitizes Lagos Island Residents, seals Defective Building (Photos)

The Director-General, Lagos State Safety Commission, Mr. Lanre Mojola has declared zero tolerance for safety infractions in any part of the State; this he...

Lagos Agencies set to Combat Building Collapse

The Acting General Manager of the Lagos State Materials Testing Laboratory, LSMTL, Engr. Olalekan Ajani has stated that effective collaboration among Lagos State Agencies...

This African Country Has The Most Powerful Passport On The Continent

While Asia continues to outshine other continents on the world stage for the most powerful passports, African countries seemed more relegated to the behind...

LASG Set To Deliver 360 More Homes In Igbogbo, Ikorodu

The Lagos State Commissioner for Housing, Mr Moruf Akinderu-Fatai has revealed that 360 new housing units will soon be commissioned by the State government...

LASG to introduce Tourism Sector Guidebook

Lagos State Commissioner for Tourism, Mrs. Shulamite Olufunke Adebolu has disclosed that the Ministry has initiated the process of publishing a book that will...

UAE introduces multi-entry tourist visas for 5 years for all nationalities

The new tourist visa will be valid for 5 years and can be used for multiple entries and is open for all nationalities. Travellers...

Retail - Brick & Click

POS Software Annual Spending To Surpass $1.7 Billion By 2024, Driven By Vendor App Integrations

Growth of 63% over the next 5 years Hampshire, UK – 21st January 2020: New data from Juniper Research forecasts that the total global annual spend on POS software...

Tokenisation to Generate Over $40 Billion in Revenues Globally By 2024, as Remote Tokenisation Scales Up

Key Standards for Secure Mobile Commerce to Increase Revenues by 140% over Next 5 Years Hampshire, UK – 20th January 2020: A new report from Juniper Research found...

Konga Best Positioned As Leader In Nigeria’s E-Commerce Market, Prince Ekeh Tells CNN

Konga, Nigeria’s foremost e-commerce giant, has made significant strides which have positioned it as the clear leader in Nigeria’s highly competitive e-commerce market. The...

Much Ado About the Challenges & Prospects of E-commerce Growth in Africa

Key Players Championing Digital Skills in the E-commerce Industry Since the advent of electronic commerce (otherwise referred to as e-commerce) in Nigeria in 2012, one...