News
Heineken unveils its first Africa inspired fashion collection co-created with African designers in Lagos
10-30-2017 | 14:34:19
In collaboration with Africa’s emerging design talent, Lulu Mutuli and Azra Walji, global beer brand, Heineken® has launched its first-ever African fashion collection.


MTN, Dangote, Coca-Cola lead top 50 Brands Nigeria 2017 Ranking
10-30-2017 | 11:30:00
Telecommunication provider, MTN has led the 2017 Top 50 Brands Nigeria for its innovation, Corporate Social Responsibility (CSR), online engagement, national spread, and brand popularity.


Fidelity Bank successfully issues $400m Eurobond, repurchases $256m notes due May 2018
10-30-2017 | 10:25:00
Fidelity Bank (-/B-/B-) priced a highly successful US$400m 5-year Eurobond with a 10.50% coupon in what is the largest combined new issue & liability management offering ever by a Nigerian issuer.


Facebook launches SME Council in Nigeria
10-27-2017 | 15:37:00
Facebook has launched its Nigerian SME Council, the first of its kind on the continent. The council is made up of a combination of 15 startups and established SMEs from a range of industries.


NNPC to begin oil exploration in Nasarawa State
10-27-2017 | 09:40:30
Oil search in the nation’s inland basins received a fresh impetus following the commencement of exploration activities in the Benue Trough by the Nigerian National Petroleum Corporation.


USAID, Nestlé Nigeria, VEGA partner to assure supply of safe, quality maize
10-27-2017 | 09:32:00
The U.S. Agency for International Development (USAID), Nestlé Nigeria PLC, Volunteers for Economic Growth Alliance (VEGA) and VEGA Member Cultivating New Frontiers in Agriculture (CNFA) have announced a new partnership program.


Nigeria’s Gas Flare Rate now at 12%
10-26-2017 | 11:23:13
The Gas flare rate in Nigeria stands at 12.00 per cent, the Nigerian National Petroleum Corporation Monthly Financial and Operations Report for August has revealed.


Total increases lubricant production capacity in Nigeria
10-26-2017 | 09:32:13
TOTAL Nigeria has commissioned the second High Speed Filling Machine in its Lubricant Blending Plant in Koko, Delta State in October 2017.


Visa launches foundation targeting growth of global MSMEs with initial focus on Nigeria
10-26-2017 | 09:13:01
Global payments technology company Visa has launched the newly-incorporated Visa Foundation, which has been established as part of Visa’s larger social impact strategy that will prioritize the growth of micro and small enterprises around the world.


Oracle introduces next generation cloud applications to support Nigeria's digital economy
10-26-2017 | 09:08:59
Oracle has hosted its Modern Business Forum in Nigeria to help the country's fast-growing and large enterprises accelerate digital transformation and drive business growth with its next generation cloud applications.


CIBN grants Skye Bank’s Business School full accreditation status
10-24-2017 | 13:13:20
Skye Business School has been awarded full accreditation status as a full-fledged banking/finance, business and continuous human capital training academy by the Chartered Institute of Bankers of Nigeria.


Dangote Cement strengthens pan African market volume, appoints acting CEO for Congo operation
10-24-2017 | 10:44:00
Pan African cement manufacturer, the Dangote Cement has maintained its strong hold in the Nigeria domestic cement market accounting for 65 percent of the Nigerian market volume, while other African plants’ volumes went up by 7.5 percent to 7.0 mta.


Nigeria enters league of steel exporters
10-24-2017 | 10:42:31
There is strong indication that after cement, Nigeria's steel industry is the next sector to watch as African Industries Group, the largest steel manufacturer in the country, has started exporting the product to Morocco, Egypt and Ghana.


Coronation Merchant Bank appoints Onome Komolafe as Executive Director
10-24-2017 | 10:12:25
Coronation Merchant Bank has appointed Onome Komolafe as Executive Director following the approval of the Central Bank of Nigeria (CBN).


GTBank releases 2017 Q3 unaudited results, reports Profit Before Tax of N150.03Bb
10-23-2017 | 14:32:38
Guaranty Trust Bank plc has released its unaudited financial results for the 3rd quarter ended September 30, 2017, to the Nigerian and London Stock Exchanges.


CBN unveils framework for BVN, watch-list operations
10-23-2017 | 12:22:00
Central Bank of Nigeria has released a regulatory framework for Bank Verification Number (BVN) operations and watch-lists for Nigerian financial system, in the quest to develop and enhance security of electronic payment systems in the country.


Africa Finance Corporation signs master cooperation agreement with International Finance Corporation
10-23-2017 | 10:53:44
Africa Finance Corporation (AFC) has this month become the 30th member of the Master Cooperation Agreement (MCA) at the World Bank's Annual Meetings in Washington DC.


Seamfix launches Bioregistra to transform data management
10-23-2017 | 10:46:47
SEAMFIX, Nigeria's provider of identity management solutions, has launched BioRegistra, an innovative data capture and data management platform.


NNPC stocks two billion litres of petrol for hitch-free year-end supply
10-23-2017 | 09:46:08
The Nigerian National Petroleum Corporation has a stock of over two billion litres of Premium Motor Spirit (PMS), also known as petrol, to ensure a hitch-free end-of-year movement of motorists.


Tony Elumelu Foundation and UNDP sign agreement to support African entrepreneurs
10-17-2017 | 10:33:34
“We have to give more attention and support to emerging African entrepreneurs, if the continent’s poverty, inequality and unemployment challenges are to be addressed.”