News
Shell Nigeria Gas donates labs, ICT centre to community school
10-17-2017 | 09:53:00
The Shell Nigeria Gas has donated an ultramodern ICT Centre and well-equipped science laboratories to African Church Community Secondary School in Ewupe, a community hosting the company’s facilities in Ota area of Ogun State.


World Bank Statement on Support to Nigeria
10-16-2017 | 10:25:25
In 2015, the Government of Nigeria requested World Bank support to respond to the humanitarian and development crisis in the North East of Nigeria.


NNPC to reinvigorate exploratory activities in Seven Inland Basins
10-16-2017 | 10:06:09
As part of strategies to shore up the nation’s reserve base, the Nigerian National Petroleum Corporation (NNPC) will reinvigorate exploratory activities in the seven hydrocarbon basins in the country.


Nigeria works with UNIDO to establish entrepreneurship curricula in secondary schools
10-16-2017 | 09:23:28
A new curricula focusing on entrepreneurship will now have a place in secondary schools in Nigeria. It was designed with the support of the United Nations Industrial Development Organization (UNIDO) and funded by the Government of Japan.e


Dangote Rice launches youth graduates rice farming project in Kogi
10-16-2017 | 09:14:18
A multi-million Naira Youth Farming Initiative that will engage teeming unemployed Nigerian graduates in rice farming has been launched by the Dangote Rice Limited in Kogi State.


Northern States Governors Forum picks GE to boost healthcare development in Nigeria
10-16-2017 | 09:11:06
The Northern States Governors Forum (NSGF) has selected GE Healthcare, a global provider of transformational medical technologies and services, as a long-term partner to revitalize healthcare infrastructure in the Northern States.


NNPC Group MD encourages investors to establish oil refinery in Akwa Ibom State
10-12-2017 | 10:38:50
The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Kacalla Baru, has said that he had engaged investors to establish a refinery in Akwa Ibom State.


Maturation of Sub-Saharan Africa Hotel sector presents new opportunities
10-12-2017 | 10:29:06
The hotel sector in Sub-Saharan Africa has evolved during the past decade due to high demand growth, entrance of new global brands and increasing supply in major markets.


BBM Messenger partners with NGO Springster in South Africa & Nigeria
10-12-2017 | 10:21:43
Creative Media Works, operating as BBM Messenger, has partnered with Springster, Girl Effect’s global mobile-first platform for vulnerable young women, to launch Girl Talk.


OPEC oil output climbed in September as Libya and Nigeria recover
10-10-2017 | 13:44:15
OPEC nations pumped slightly more crude in September as Libya’s biggest oil field returned to production.


FBNHoldings appoints Oluseye Kosoko as Company Secretary
10-10-2017 | 10:30:12
FBN Holdings Plc has announced the appointment of Oluseye Kosoko as Company Secretary subject to regulatory approval.


Africa’s hotel supply projected to grow 11% - STR data
10-09-2017 | 12:53:38
Based on August 2017 data from STR, Africa currently shows 301 hotel projects in the pipeline, accounting for 57,011 rooms, or 11.0% of the continent’s existing room supply.


Aliko Dangote withdraws tie-up deal with PPC South Africa
10-09-2017 | 10:25:00
PPC said on Friday that Nigeria’s Dangote Cement has withdrawn its interest to tie-up with the South African firm, sending its shares more than 13% lower.


NNPC records $471.9m export receipts
10-09-2017 | 09:23:41
The Nigerian National Petroleum Corporation, NNPC has announced a total export receipt of $471.90 million for the month of July 2017 as against $219.34 million posted in June 2017.


FirstBank’s payment card issuance hits 10 million
10-05-2017 | 11:14:09
FirstBank of Nigeria has said that it has emerged the first financial institution in Nigeria and West-Africa to issue 10 million cards to customers across the sub-region.


Shell launches NXplorers Education Initiative in Nigeria
10-05-2017 | 10:25:12
Shell has launched its global education initiative, NXplorers, in Nigeria, in the latest effort to inspire young people to find solutions to the global challenges of food, water and energy in the face of an increasing global population.


Jumia introduces Nigeria’s first e-commerce Bot
10-05-2017 | 10:09:41
Jumia has introduced Jumia Bot, Nigeria’s first e-commerce Bot. Using Jumia Bot, shoppers can order food, find fashion or electronic items and book hotels and flights by simply having an online conversation with the bot.


Erin Energy Provides Operational Update on Oyo 9 drilling in Nigeria
10-05-2017 | 10:07:12
Erin Energy has announced that funding commitment has been obtained to drill our high-impact Miocene exploration well. Site survey of drilling location has been completed and the well is planned to be spudded during this quarter.


Central Bank of Nigeria stops banks from taking charges on bulk transfers
10-03-2017 | 10:06:14
Commercial banks can no longer take Short Message Service (SMS) charges on bulk bank transfers done through the Real Time Gross Settlement (RTGS).


San Leon Energy focuses on Nigeria interests
10-02-2017 | 11:03:54
San Leon Energy PLC said on Friday its loss narrowed in the first half of 2017, as it says it is concentrating on its Nigerian interests.