Home / Business (page 66)

Business

Dangote emerges winner at the 2018 Nigerian Risk Awards

Dangote Group has emerged winner of the 2018 prestigious Nigerian Risk Award (NRA) which recognizes organizations who have made measurable impact within their sector through the effective application of good governance, risk management and internal control systems and strategies. The award ...

Read More »

Nike by Wizkid sold out in just 10 Minutes

Nigerian Afropop star Wizkid’s new creation Nike By Wizkid sold out in just 10 minutes of launch. The pop star joined forces with Nike Football for a limited edition of Starboy jerseys. The partnership is the first between the sports/active wear giant ...

Read More »

Every Nigerian owes China N15,000 – Political analysts

For the N3 trillion Nigeria has received from China in the last four years, every Nigerian owes China N15,000 in debt. That’s just N3,000 short of minimum wage, Daily Trust reports. The debt comes from two huge tranches of aid from China: $3.1 billion ...

Read More »

Chinese billionaire, Richard Liu, arrested for sexual assault

Richard Liu, the Chinese billionaire founder of JD.com, has been arrested in Minnesota after being implicated in a case of sexual misconduct. The chief executive of the e-commerce giant was arrested late on Friday and was freed Saturday afternoon, CNBC reports.   The company, ...

Read More »

South Africa slips into recession against forecasts

                              The government of President Cyril Ramaphosa was dealt a severe blow on Tuesday, as the economy of South Africa slipped into recession.   South Africa’s economy shrunk ...

Read More »

Man reveals he makes N180k monthly from charging phones

A Nigeria man has revealed that he makes N180k monthly from charging phones for people in Lafia, Nasarawa state.   The middle-aged business man, Ibrahim Usman, who operates a telephone charging outfit in Lafia, says he makes N180,000 monthly on charging people’s phones ...

Read More »

Nick Jonas father’s company files for bankruptcy

  Popular singer, Nick Jonas might be doing great, but his father Paul Jonas’ company just filed for bankruptcy. Priyanka Chopra may be on cloud nine after her engagement and roka ceremony with popular Hollywood singer/actor Nick Jonas, but here is some bad ...

Read More »

Manufacturing is key to economic growth, development- Dangote

  Executive Director of the Dangote Group, Hajiya Halima Aliko-Dangote has urged millennials in Nigeria and across Africa to diversify from service-oriented enterprises to manufacturing and agriculture in a bid to fast-track the development of the continent and better life for ...

Read More »

Court restrains MultiChoice Nigeria from increasing DSTV subscription rates

  Federal High Court in Abuja has restricted MultiChoice Nigeria from implementing it’s recent increase in DSTV subscription rates. The Judge who gave the ruling, Justice Nnamdi Dimgba granted the injunction restricting the television company from implementing the new rates on Monday. ...

Read More »

FG to give loans to two million traders without collateral

The Federal Government of Nigeria has inaugurated a new initiative to empower two million petty traders across the country between now and the end of the year.   The initiative called the Trader Moni is meant to further enlarge the ...

Read More »

Uganda looks to Tanzania for gas

  Uganda is now formally engaging Tanzania to import natural gas that will be used as a reducing agent in the iron and steel industry. “We are discussing with Tanzania if we can make use of their gas,” Ms Irene ...

Read More »

LIB- Photos of Linda Ikeji receiving her Honorary Doctorate degree from Trinity International University in Georgia

Linda Ikeji was today awarded an Honorary Doctorate degree by Trinity International University, Georgia. The Honorary Doctorate degree was presented to the LIB and LITV CEO in recognition of her work in media in Africa. See more photos below. Congratulations dear.

Read More »

CBN to disburse lower currency denominations

The Central Bank of Nigeria, CBN, has begun a process that would make the country’s lower currency denominations available to Nigerians. The Assistant Director, Currency Operations Department of the CBN, Mr. Benedict Maduagwu disclosed this said the apex bank has ...

Read More »

Update- State to rescue 80 Kenyans stranded in Qatar

The government is working on a plan to repatriate more than 80 Kenyans stranded in Qatar for lack of travel documents and air tickets after falling out with their employers. The Kenyans, most of them recruited by Mombasa-based travel agencies, ...

Read More »

The shady and dangerous business of Chinese mining in Cameroon

Sidonie Maboue pulled her hands out of the muddy water and sat down on a piece of fabric next to the bags of gravel that she and three of her 12 children filled that day. “This gravel will be crushed, ...

Read More »

Kenyans stuck in Qatar ask for help

The families of more than 70 Kenyans stranded in Qatar because of lack of travel documents and air tickets to return home after falling out with their employers are now asking the government to facilitate their safe return. Mr Randani ...

Read More »

Apple becomes the first Trillion Dollar company in the history of the world

Apple has become the first publicly traded company in the world to be valued at $1 trillion. The tech company’s stock jumped 2.8 percent to as high as $207.05 around midday today, bringing its gain to about 9 percent since Tuesday ...

Read More »

Rare blue diamonds may be Earth’s deepest secret

The Hope Diamond, a rare blue diamond that is one of the world’s most famous jewels, has had a complicated history, passing through the hands of monarchs and bankers and heiresses and thieves before landing for all to see at ...

Read More »

EFCC arraigns two for Illegal oil deal in Lagos

EFCC on Wednesday, July 18, 2018 arraigned the duo of Omosehin Ipinle and Nsikak Friday before Justice Muslim. S. Hassan of the Federal High Court sitting in Ikoyi, Lagos on a three-count charge bordering on dealing in Automotive Gas Oil ...

Read More »

Air Peace all-female flight gets rousing ovation in Lagos, Abuja, Owerri

Air Peace all-female flight crew – Captain Sinmisola Ajibola (4th left), Senior First Officer Quincy Owen (2nd left), SEP Instructor Rosemary Uagbor (3rd right), Cabin Executive Chidimma Chimezie (2nd right), Cabin Executive Opakirite George (left) and B1 Engineer, Justina Etim (Right) with the ...

Read More »

Garba Shehu: Nigerians Have More Electricity Than They Can Consume

Garba Shehu, Senior Special Assistant to the President on Media and Publicity, says Nigerians have more electricity than they can consume. He said this while speaking to journalists in Abuja on Monday. He said the current Federal Government is building ...

Read More »