Business

Rose Adebayo, Angela Aneke join UBA board

As the Pan African banks appoints two other men Two top women in the world of finance have joined the Pan African bank,...

Dangote now most valuable brand in Nigeria

The company of Africa’s richest man, Dangote Group, is now the most valuable brand in Nigeria, following an agency survey which revealed the...

Nigeria’s forex market gets another $210m from CBN

Nigeria’s Central Bank on Tuesday injected another sum of $210 million into the inter-bank foreign exchange market, ensuring that forex is available for...

Dangote wants African leaders to plan growth around millennials

By Ruth Olurounbi   Given that  75% of the global workforce will be millennials by 2025, according to the Deloitte Millennial Survey and...

Diamond bank reward N3 million in scholarships to youths

Diamond bank on Monday announced plans to reward holders of its youth banking accounts with scholarships worth N3million. “The scholarship offer is our own...

About 165.71 million litres of Liquefied Petroleum Gas (LPG) was imported into Nigeria in the second quarter of 2018, the National Bureau of...

Nigeria’s forex market get $543m, CNY 63m from CBN

Retail segment receives $323m boost SMEs, other get $155m The Central Bank of Nigeria (CBN) on Thursday and Friday, August injected a total...

Diamond Bank disburses N1bn to SMEs under cash-flow based lending scheme

Diamond bank on Monday announced the disbursement of over N1 billion to support Small and Medium-Scale Enterprises (SME) under the cash flow-based SME lending...

CBN invites bids for Chinese yuan in second auction

The Central Bank of Nigeria has asked lenders to submit bids for the Chinese yuan in its second auction of the currency after...

Toyota debuts new generation Camry in Nigerian market

By Ruth Olurounbi A new generation Camry, which has so far sold more than 18 million units “across regions” since 2015 has been...

Inflation in Nigeria drops to 11.14% in July

Nigeria’s inflation declined to 11.14% for the 18th time year-on-year according to data released by the National Bureau of Statistics (NBS), Wednesday. The...

DMO secures additional N100bn debt for 2018 budget

By Ruth Olurounbi Nigeria has secured more than half of the total sum of N849 billion it needs from the domestic market to...

At least 2 heads of state expected at 4th Tony Elumelu Foundation’s 4th annual largest gathering of African entrepreneurs

By Ruth Olurounbi, Business Editor, Abuja   More than 5,000 entrepreneurs, global investors, leaders from the African public and private sectors as well...

NAHCO records turnover of N4.64bn H1 2018

  By Ruth Olurounbi Nigeria’s ground handling service provider, NAHCO Aviance reports N4.64 billion turnover in the half year results, a 25% increase...

Nigeria plans to expand gas output to 40 million metric tons in 30 years

  Nigeria’s transition to cleaner energy gets a little closer as investors in the country’s gas industry have been given an approval to...

Nigeria in $1.1bn agric package deal with Brazil

By Ruth Olurounbi Nigeria is said to be in the middle of a bilateral agreement negotiations with the Brazilian government to secure $1.1...