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BREAKING: Akinwumi Adesina gets re-elected AfDB president
Akinwumi Adesina has been re-elected as the President of Africa Development Bank, AfDB.
He was re-elected by votes casted by Governors of the Bank at...
Business
CBN to pay forex directly to goods and services providers, third parties axed
Third parties will henceforth be sidelined in forex payment which will now go directly to goods and services providers, the Central Bank of Nigeria,...
Business
How to register your Business with SMEDAN and access up to N50,000 grants
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The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has commenced the mass registration of Micro, Small & Medium Enterprises (MSMEs) in Nigeria.
The...
Business
Positive sentiments persist as Equities market appreciates by 0.1 percent
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The Nigerian equities market sustains previous day gains, as market indicators hinged higher, on Wednesday, as the All-Share Index (ASI) ended the day trade...
Business
Food prices shoot up as Nigeria’s inflation rises to 12.82 percent
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The Nigeria Bureau of Statistics (NBS) has released the Consumer Price Index (CPI)/Inflation report for the month of July 2020, with the country’s headline...
Business
Lagos Businessman, Tayo Amusan and two others compete to buy Shoprite in Nigeria
Earlier this month, News broke that a popular shopping mall, Shoprite, is exiting Nigeria market.
Interestingly, Shoprite is not the only South African company that...
Business
Maktoub boss berates NIPOST chair over grammatical error in NIPOST call out
The publisher of Maktoub Magazine, Mariam Mohammed Maktoub has berated the chairman of NIPOST, Maimuna Abubakar, over a post she shared yesterday.
Maimuna had accused...
Business
Shoprite denies leaving Nigeria, says “who leaves over a $30billion invest and close shop?”
Shoprite has debunked a report which says that it is preparing to exit Nigeria.
The retail giants are said to be preparing exit plans after...
Business
No missing N750m in FAAN
Allegations of a stolen N750 million from the coffers of the Federal Airports Authority of Nigeria ( FAAN) is entirely wrong, as no funds...
Business
Allegations against Akinwumi Adesina dismissed by independent panel
Akinwumi Adesina, the head of the Africa Development Bank, AfDB, has been cleared of corruption allegations levelled against him after an investigation by an...
Business
Stamp Duty: 1 year rent agreement will get 0.78% tax, FIRS insists
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The Federal Inland Revenue Service (FIRS) has made a clarification on its plan to impose a stamp duty charge on tenancy.FIRS executive chairman, Muhammad...
Business
“Say no to NIPOST fee”, Nigerians protest against FG’s plan to charge logistic companies
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Coming after the Nigerian Postal Service (NIPOST)'s plan to charge logistic companies in Nigeria, Nigerians have taken to social media to protest against it.
The...
Business
Gokada issues statement on death of its CEO, Fahim Saleh
Tech company, Gokada has issued a statement in reaction to the death of its CEO, Fahim Saleh.
The body of the self-made millionaire was been...
Business
BREAKING: Fire guts World Trade Centre, Abuja
A section of the World Trade Centre located in Abuja, the Federal Capital Territory, FCT, has been gutted by fire.
The fire is said to...
Business
NCC lists the benefits of 5G network
The Nigerian Communications Commission, NCC, has listed the benefits which they say Nigeria will enjoy if 5G Network is allowed in the country.
A statement...