News
Nigeria begins yam export to Europe
06-29-2017 | 09:36:00
The Federal Government of Nigeria has said that it would formally flag off the export of yam to Europe on Thursday.


France Pledges to Invest Over One Billion Euros in Nigeria Oil and Gas Industry
06-29-2017 | 08:55:00
The French Government has said that it has set aside about one billion euros to be invested in the Nigeria Oil and Gas industry, stating that Nigeria remains her first economic trading partner in Africa.


UBA Foundation launches Read Africa in Liberia
06-27-2017 | 12:20:09
United Bank for Africa's Foundation’s initiative, Read Africa, is visiting schools in African countries to encourage young children embrace the culture of reading.


Nigerian startup, Tizeti, receives $2.1m in funding
06-27-2017 | 11:01:00
Nigerian Startup, Tizeti and its consumer facing brand, Wifi.com.ng has announced that it has closed on seed funding of $2.1 million from international investors.


Nigeria to overtake the US as 3rd most populous country in the world - UN report
06-27-2017 | 10:51:00
Nigeria will overtake the United States to become the third-most populous country in the world by 2050, according to a United Nations report.


U.S. oil hits 9-Month low as Libya, Nigeria supply growth weighs
06-26-2017 | 10:59:00
Oil prices tumbled to a nine-month closing low Tuesday on growing supplies out of Libya and Nigeria, hitting shares of Dow Jones industrial average components Exxon Mobil and Chevron.


Etisalat launches mobile data solution, BlazeOn, in Nigeria
06-26-2017 | 10:46:00
Comptel Corporation has announced that Etisalat Nigeria is launching its time-based mobile data solution BlazeOn, powered by Comptel’s FWD solution, in the Nigerian market.


South African Bankers commend Lagos Business School on International Executive Development Program
06-26-2017 | 09:52:22
South African Investment Bankers have lauded the Lagos Business School for hosting the International Executive Development Programme (IEDP) for the Banking Sector and Training Authority (BANKSETA).


Indonesia to build refinery in Nigeria
06-22-2017 | 10:10:50
The Federal Government’s plan to attract investment in modular refineries as part of efforts to boost local refining capacity has started gaining momentum with an Indonesian firm, PT Intim Perkasa.


Nigeria Stock Exchange launches academy on capital markets
06-20-2017 | 12:36:26
The Nigerian Stock Exchange (NSE) has unveiled X-Academy, a knowledge-platform designed to provide education services to individuals for better understanding of various aspects of the capital markets.


Erin Energy Provides Drilling and Production Update
06-20-2017 | 10:29:00
Erin Energy Corporation has provided an update on its drilling operations that are expected to double production for the Company, as well as updated its plans for drilling one of its prime exploration prospects.


Dangote Refinery Contracts DuPont Technology for Clean Emission
06-20-2017 | 09:58:30
DuPont Clean Technologies announced that Dangote Oil Refinery Company Limited has commissioned a range of advanced proprietary equipment from DuPont for the construction of a new refinery in Lekki, Lagos.


Union Bank launches ‘UnionAccelerate’ for medium-sized businesses
06-19-2017 | 11:09:00
Union Bank has announced the launch of UnionAccelerate, a high-interest savings account with zero bank charges for medium-sized businesses.


MainOne launches plan to become largest internet hub in West Africa with Open-Connect Service
06-19-2017 | 10:52:29
Following the partnership of MainOne’s Data Center company with the Nigerian Internet Exchange to improve national transit traffic in Nigeria, the company has announced a new interconnect service for carriers.


Viola Graham-Douglas becomes Guinness Nigeria’s Corporate Relations Director
06-19-2017 | 09:38:46
Guinness Nigeria Plc has announced the appointment of Viola Graham-Douglas as its Corporate Relations Director.


GTBank unveils GTPatriot, a subsidized banking package for Nigeria’s military personnel
06-19-2017 | 09:26:40
Guaranty Trust Bank plc, has launched GTPATRIOT, a unique Salary Account Package which offers Nigeria’s servicemen and servicewomen subsidized banking products and dedicated value added services.


NNPC crashes diesel price nationwide by 42%
06-19-2017 | 09:10:15
Price of Automotive Gas Oil (AGO), also known as Diesel, has crashed to about 42% nationwide, a huge downslide over the last six months, following key strategic interventions by the Nigerian National Petroleum Corporation.


Nigeria receives U.S.$3.7b revenue in taxes, royalties from Anglo-Dutch Shell Group
06-15-2017 | 12:24:00
The Nigerian Government is said to have received the sum of $3.7 billion in taxes and royalties from Anglo-Dutch Shell Group.


African Development Bank supports Afe Babalola University expansion with $40m loan
06-15-2017 | 10:20:54
The African Development Bank (AfDB) has signed agreements for a corporate loan to finance the expansion of Afe Babalola University (ABUAD) in Ado Ekiti, Nigeria.


Nigeria's newest airline prepares for take off in final quarter
06-15-2017 | 10:16:44
Nigeria's aviation industry has suffered a prolonged spell of violent turbulence. The nation's leading carrier was recently taken over by the government to prevent it collapsing.