Nigeria has maintained her position as Africa’s biggest economy after South Africa released the report of its rebased Gross Domestic Product (GDP) that pushed the latter’s economy up by 11 per cent, an analysis of a new…
Tiger Brands Ltd., a South African food producer, agreed to sell its 49% minority shareholding in UAC Foods Ltd. to parent UAC of Nigeria Plc. The purchase is expected to be completed in September, UAC of Nigeria…
Nigeria-based OPay has secured $400 million in a new funding round led by SoftBank Vision Fund, the venture capital arm of Japanese conglomerate, SoftBank. The latest funding brings investments to date in OPay to $570 million and…
Borno State Governor, Professor Babagana Zulum visited the headquarters of Nigerian Investment Promotion Commission in Abuja on Wednesday to discuss how both parties can partner to attract investments to the State. Prof Zulum talked about the nexus…
Toyota Nigeria Limited (TNL) has unveiled the new Toyota Starlet mini subcompact SUV to the delight of its dealers, customers, and the general public. The launch event was held at TNL’s corporate headquarters in Lekki, Lagos during…
As Kyari Assures Gas Supply Will Revamp Industries Nigeria’s domestic gas penetration aspirations have received a major boost as the Nigerian National Petroleum Corporation (NNPC) and the Kaduna State Government have signed a Memorandum of Understanding (MoU)…
In a bid to enhance service delivery at its terminal at the Onne Port, Rivers State, APM Terminals’ West Africa Container Terminal Nigeria (WACT) has taken delivery of six more state-of-the-art Rubber Tyred Gantry Cranes (RTGs) valued…
In a bold step to redefine television viewing experience for all Nigerians, Globacom has announced the launch of Glo TV, an innovative TV streaming service for watching live linear TV, Video on Demand and catch-up contents. The…
Two additional FGN savings bonds have been listed on the trading platform of the Nigerian Exchange (NGX) Limited. The new papers, issued to investors in August 2021, were admitted on the exchange on Wednesday, August 18, 2021,…
The United States government, through the Mandela Washington Fellowship, has reiterated its commitment to enhance clean and sustainable environment in South-west Nigeria. The US government, earlier in the year, offered a grant through the Mandela Washington Fellowship,…