BUSINESS

Sovereign Wealth Fund: Nigeria Invests in $200 Million US Bonds

Nigeria through its Sovereign Wealth Fund (SWF) has invested $200 million in the bond market of the United States. This, according to SWF, “Is the 20% stabilization fund set aside from the $1 billion wealth fund, to be used for

CBN Revises e-Payment System in Nigeria

The Central Bank of Nigeria (CBN) has launched Release 2 of its Payment System Vision 2020. The document, “urges operators to mobilize available technology to take mobile financial services to the grassroots.” According to Mallam Sanusi Lamido Sanusi, CBN Governor,

Kano State Delegation Visits Dubai Silicon Oasis Authority

Salamatu Rabiu Musa, Governor of Kano State, has led a delegation on a visit to the Dubai Silicon Oasis Authority (DSOA), United Arab Emirates. The DSOA is the regulatory body for Dubai Silicon Oasis, an integrated free zone technology park.

FG Enters Partnership with France to Develop SMEs In Nigeria

Nigeria has signed a Memorandum of Understanding with the French Government to facilitate the growth and development of Small and Medium-sized Enterprises (SMEs) in Nigeria. Bature Masari, Director-General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), and Viginie

GTBank Plc, CEO, Win Awards at World Finance Banking Awards

Guaranty Trust Bank Plc (GTBank) was awarded the ‘Best Banking Group – Nigeria’ at the 2013 Annual World Finance Banking Awards, recently. Segun Agbaje, Group Managing Director and Chief Executive Officer of GTBank, won the award for ‘Banker of the

Nigeria’s Economic Market Size now $247 Billion – Report

Mediafacts, an annual publication of MediaReach OMD, has revealed that Nigeria’s economic market size is around $247 billion (₦39.52 trillion). This is about 41 percent of the Gross Domestic Product (GDP) of West Africa. The report also says, “the sheer

Visa Plans to Expand Business in Nigeria

Visa, Global Financial Services Corporation that operates Visa card, has revealed that it is targeting expansion in Nigeria. The corporation’s newly appointed Group Executive for Central and Eastern Europe, Middle East and Africa, Kamran Siddiqi, visited Nigeria and spoke of

UBA Introduces Instant Selectable PIN for Debit Cards

United Bank for Africa Plc. (UBA Group), has announced the introduction of ‘In Card PIN management’ that lets Customers of the Bank immediately select their Personal Identification Number – PIN – for their Debit Cards, eliminating the process of handing

Who to Follow on Twitter: Business & Brand Tweeters

Wondering which handles to follow on Twitter this weekend? Whether you’re thinking of launching a start-up, or you’re looking to take your business to the next level, Nigerian Twitter is choc-full of sound counsel and resources. For tips on how

Bridgeworld to Host First Nigerian Brand Expo and TV Awards

Bridgeworld Communications Company has announced that it will hold the first Nigerian Brand Expo and Brands TV Awards in October. The expo, abbreviated as NIBEX, will be an avenue to generate awareness about an emerging trend in brand promotion and

Arik Air Introduces Mobile Booking

Arik Air has announced its partnership with mobile commerce firm, SlimTrader, to provide a new mobile booking service for passengers. This, according to the Airline, is aimed at revamping its technology offering and enhancing the airline’s customer experience. The Global

Top 7 Secrets of Great Entrepreneurs

Success doesn’t accrue overnight and it doesn’t come on a platter of gold either. Behind every successful man/woman is an innovative mind, hard work, and a trailer load of secrets. We all have 24hours at our disposal, but success depends

A Primer on E-Commerce

The campaign to reduce emission of greenhouse gases (GHG) in the environment gained momentum some decades ago, and “going green”, a term that referred to the adoption of environment-friendly habits was born. The invention of the computer as well as

MTN Partners with Jumia to Provide Shoppers Free Internet Access

MTN Nigeria has partnered with Jumia to provide customers six months free internet, on smartphones purchased from Jumia’s e-store. The partnership will enable online store customers who purchase any internet-enabled phone to receive the free service for the period during

Main One Gets $550K USTDA Grant for Undersea Fiber Optic Expansion

Main One Cable Company, Nigeria, has just received a $550,000 grant from the United States Trade and Development Agency (USTDA) for the extension of marine fiber optic cables to the Niger Delta. Mr. Jeffrey Hawkins, US Consul General in Lagos,

Dangote Group to Build $400M Cement Factory in Kenya – Presidency

The office of the President of Kenya, released a statement over the weekend, during President Goodluck Jonathan’s state visit to Kenya, that Dangote Group has signed an agreement to build a new cement factory in Kenya that will cost $400

Latest stories

BUSINESS

Featured Events

Discover upcoming events and opportunities across Nigeria.

More stories on

BUSINESS

Most Popular

Previous
Next
Previous
Next

Most Popular

Previous
Next