Business

Dangote is Nigeria’s most valuable brand for 2020 trailed by MTN, Globacom

  Winning the award back-to back, Dangote Group, the pan-African and fully integrated conglomerate, has emerged as the Most Valuable Brand in Nigeria for the...

N26m up for grabs at Polaris Bank’s Customers’ ‘Save and Win’ Promo Campaign

  Polaris Bank has put up some N26 million for its loyal and prospective customers to cart home under its ‘Save & Win’ promo...

Culture Minister lauds Ogun State digital marketing platform for tie and dye fabrics

Impressed by the launch of digital marketing platform for tie and dye fabrics in Ogun State,  the Minister of Information and Culture, Alhaji Lai Mohammed,...

FG, Transcorp sign deal for 966 megawatts Afam Power Plant

The Federal  Government and the Transcorp Power Consortium have signed a share sale and purchase agreement of Afam Power Plc and Afam III Fast...

Energy efficiency post-COVID-19: Schneider Electric unveils new digital solutions for Africa

      Determined to improve energy efficiency and sustainability for its partners in post-COVID-19 Africa, the French energy management giant, Schneider Electric...

Breaking: Nigeria’s Okonjo-Iweala elected World Trade Organization DG

  Dr Ngozi Okonjo-Iweala, Nigeria’s former Finance Minister, has emerged the Director-General of the World Trade Organisation (WTO). Okonjo-Iweala polled 104 votes from 164 member-countries...

Schneider Electric to expose Nigerian electrical engineers to overseas training

        Schneider Electric, a leading firm in energy management and digital transformation, has announced plans to train its engineers abroad...

Chevron embroiled in labour crisis, sack of 600 workers threatens its shut down

By Boye Ajayi Chevron Nigeria Ltd is embroiled in serious labour crisis following the sack of 600 Nigerian employees as the two unions...

FG opens portal for MSMEs  to access N75bn

The Federal Government has announced opening of portal for registration for the N75 billion Survival Fund for micro, small and medium enterprises (MSMEs)....

NIRSAL, Royal Exchange  provide multi-peril insurance for farmers against bad weather risks, losses

As part of initiatives to boost food production and ensure steady income for farmers at this challenging time, the Nigeria Incentive-Based Risk Sharing...

Citygate Group, Nigeria’s leading finance outfit, to build seven-floor corporate headquarters in Lagos

  Citygate Group, one of Nigeria’s leading finance outfits established about 14 years ago, is to build a seven-floor corporate headquarters in Ikeja,...

COVID-19 lockdown: Transcorp Hotels records huge loss of revenue

Transcorp Hotels Plc, a major player in the nation’s hospitality industry, says it has lost huge, unprecedented revenue following the COVID-19 pandemic. Consequently, salaries...

Coronavirus: Heathrow loses European airport top spot to Frankfurt

    Frankfurt has overtaken London’s Heathrow as the busiest airport in Europe, prompting the chief of British Airways to demand the Government...

CBN reacts to Economic Summit Group’s criticism of economic recovery measures, blames 60 % drop in national revenue, forex inflows

The Central Bank of Nigeria (CBN) said on Wednesday that the over 60 percent reduction in revenues accruable to the Federation Account, significant...

Fidelity Bank posts impressive half-year results, profits up by 22 per cent

  In spite of the economic challenges occasioned by the COVID-19 pandemic, Fidelity Bank says it has sustained the financial performance trajectory of...

Coronavirus Woes: South Africa Records 51% GDP Drop

  South Africa’s restrictions to curb the spread of the coronavirus put the economy into its longest recession in 28 years, with gross...