Although, the Chinese web service company, Opay, only announced its success in raising a fresh $120 million funding as it looks to expanding its operations to...
Trading on the floor of the Nigerian Stock Exchange (NSE) closed on a gloomy note Monday, a clear departure from the positive note last week ended....
The Nigerian Stock Exchange (NSE) seems to be finding its footing as the bourse have had 2 weeks closing bullish and depleting the losses. Last week...
A Nigerian medical startup, LifeBank, has, over the weekend, been announced winner of $250,000 from a Jack Ma Foundation initiative after impressing a 4-man penal to...
Happy Sunday esteem readers, welcome to this week’s Business Roundup. Here are the top highlights of events that happened during the week that you probably missed....
The British independent oil and gas company, Savannah Petroleum Plc, has announced its completion of acquisition of assets of the Seven Energy International Limited (SEIL) in...
The Asset Management Corporation of Nigeria, (AMCON), an agency acting as a stabilizing tool for the nation’s financial system may soon go into extinction if the...
Doing business, in Nigeria, has never been more competitive as it currently is. With a constant rise in price, year on year, as influenced by the...
The Nigerian Stock Exchange (NSE) rounded up today’s trading sessions in positive territory, with the All-share index growing by 0.03% to close at 26,851.68 basis points...
The Nigerian Stock Exchange (NSE) closes Wednesday’s trading session on a bearish note. The All Share Index closed at 26,339.11 basis points, down by 0.44%. Year...
Sixty-three years after the Oil Pipelines Act came into force, the country has continued to charge a meagre N50 for licences to operate pipeline networks worth...
The Nigerian Stock Exchange (NSE) closed the first day of trading this week with an Id el-Maloud gift. The bourse ended Tuesday bullish, with the All...
Multinational media and entertainment conglomerate, Walt Disney Company, on Tuesday launched its own online video stream/on-demand video platform. Disney+. The launch will see Disney rival Netflix,...
The march to economic stability has been rather too difficult for Nigeria, not particularly because of its massive population size of about 200 million but for widespread...
Global payment group, Visa has concluded plans to take up 20 percent stake in Nigeria’s Interswitch – a financial technology (fintech) company – ahead of its...
Last week was rewarding for investors as the Nigerian Stock Exchange (NSE) closed bullish, after wallowing in a streak of losses despite being in the earning...
A Senior Economist with the World Bank, Yue Man Lee, said on Saturday that Nigeria’s low revenue is restricting the government’s spending on human capital development....
A new report by the Central Bank of Nigeria (CBN) has revealed that the Federal Government recorded a fiscal deficit of N3.05trillion in its operations between...
Hello there, this is the Business Roundup for the week. We have featured, here, the top highlights of events that happened during the week to help...
The Association of Licenced Telecommunication of operators of Nigeria (ALTON) has warned that some regions in the country would experience communication disruptions due to the restrictions...
The Nigerian Stock Exchange (NSE) ended the week on a positive note, appreciating by 0.08% – week to date – despite 3 days of loss. The...
Tech enthusiasts and stakeholders within the logistics space on Tuesday graced the unveiling of GIGgo app, a mobile application that gives users the flexibility of shipping...
The Nigerian Stock Exchange (NSE) closed bullish today, after wallowing in 3 days of consecutive loss. The NSE closed up by 0.48% with the All Share...
Lagos State Governor, Babajide Sanwo-Olu, on Friday presented the 2020 appropriation bill of N1.168 trillion to the state House of Assembly. The 2020 budget comprises of...
The awareness of recent fire outbreaks in major markets is enough to keep every businessman awake, dreading the consequences of an unexpected fire disaster that is capable of...
The Nigerian Stock Exchange (NSE) closed Thursday’s trading on a bearish note, causing investors to lose N27.4 billion. The All Share Index closed at 26,188.24 basis...
Vice President Yemi Osinbajo on Thursday said Nigeria needed mobilization of domestic savings and foreign capital to finance the country’s infrastructure, agriculture, housing, SMEs, and other...
Due to the persistent woe the Nigerian Stock Exchange (NSE) is facing, Nigerian stockbrokers under the aegis of Association of Securities Dealing House of Nigeria have...
The Nigeria Extractive Industries Initiative (NEITI) on Wednesday said crude oil and refined products worth $41.9 billion were stolen from Nigeria in the last 10 years....
The Nigerian Stock Exchange (NSE) closed bearish again in Wednesday’s trading, losing more than it has gained this week. The bourse All Share Index dropped by...
Chinese payment platform, Opay in a tweet on Tuesday announced that it will be placing a N45 bank transfer fee on first transactions of the day...
The Nigerian Electricity Regulatory Commission (NERC) on Tuesday gave the eight power distribution companies (DisCos) till December 7, 2019, to explain why their license should not...
The Nigerian Stock Exchange (NSE) made a U-turn for the worst in Tuesday’s trading as bearish sentiment in the market causes it to close negative. The...
President Muhammadu Buhari on Tuesday approved the appointment of Sarah Omotunde Alade as Special Adviser to the President on Finance and Economy. The Senior Special Assistant...
The entrance of foreigners and foreign companies into another country is not a new adventure. In fact, this practice is as old as man, and almost...
The Nigerian National Petroleum Corporation (NNPC) said on Monday that it is planning to build two new 200,000 barrels per-day condensate refineries in the country. This...
The Nigerian Stock Exchange (NSE) opened the week on a bullish note. The market’s All Share Index closed at 26,401.06 basis points, up by 0.41%. Year...
Nigeria’s tech and logistics space is set to welcome GIGGo, an App specially designed to ensure faster and reliable deliveries. The solution is a product of...
Nigerian financial technology company Interswitch has made a detour from its core of providing digital solution for payment to health technology through the acquisition of 60%...
A Nigerian, Uduak-Joe Ntuk, has been appointed the oil and gas supervisor at the US state of California. The Governor of California, Gavin Newsom, who announced...
The Debt Management Office (DMO) will on Monday, November 4, 2019, sell 2-year and 3-year Federal Government Savings Bond in its November 2019 issue. The savings...
Despite having 3 days of bullish run, it wasn’t enough to stop the Nigerian Stock Exchange (NSE) from closing on a bearish note. The week saw...
Saudi’s equivalent of the Nigerian National Petroleum Corporation (NNPC) – which happens to be the world largest oil exporter – Saudi Aramco is finally ready to...
Hello and welcome to the Business Roundup this week. Here are the top highlights of events that happened during the week that ushered in the new...
Globally, gone are the days when the female gender only takes up jobs as secretaries, office assistants or storekeepers -when all they could aspire for are...
The Nigerian Stock Exchange closed the week on a bearish note despite having 3 days of bullish trade. The market opened at 26,348.73 basis points and...
American tech firm, Google in an announcement on Friday, has agreed to acquire fitness wearable device maker, Fitbit for the sum of $2.1 billion, in a...
The Nigerian Stock Exchange (NSE) closed the week on a bearish note, with the All Share Index down by 0.24% (26,293.30 basis points). Year to date...
Plans to resurrect the dormant Ajaokuta Steel Company Limited might have been dealt a blow as the company involved in the botched concession of the steel...
A report by the Central Bank of Nigeria (CBN) on Thursday revealed that Nigeria’s foreign reserves fell by $1.26 billion from $41.76 billion in October 2...