Nigeria’s biggest corporate supporter of entertainment and the arts, Globacom, has carved a niche for itself with its incorporation of Nollywood greats into its television commercials, thereby making such productions engaging and interesting. Little wo…
NGX CEO restates Exchange commitment to provide efficient platform for issuers, investors
Temi Popoola, the Chief Executive Officer of Nigerian Exchange Limited (NGX), has restated commitment of Nigeria Exchange Limited (NGX) to provide a reliable, efficient and an adaptable exchange hub in Africa for investors and businesses, to save and t…
Five charts showing Airtel Africa’s 2021 financial performance
Airtel Africa’s revenue increased by 17.8 percent in the first quarter of this year with the Nigerian market accounting for the largest chunk of the earnings generated from data consumption and voice calls. The Bharti Airtel subsidiary generated $1.22 …
Tallen withdraws senatorial ambition following Buhari’s directive
Nigeria’s minister of women’s affairs, Pauline Tallen, has withdrawn her senatorial ambition to represent Plateau South in the Senate, following consultations with her family and friends. “I have decided to voluntarily step down from the Senatorial rac…
Akinboboye tasks AU on African Continental Tourism Agenda
As African Union (AU) and its 55 Member States look to how best to implement the African Continental Free Trade Agreement (AfCFTA), Wanle Akinboboye, president, La Campagne, has called for the setting up of Africa Continental Tourism Agenda (AfCTA) to …
We are not in talks with Zinox over acquisition – Jumia replies
Jumia has debunked rumours it is in talks with Zinox Technologies over a possible acquisition. The company told BusinessDay that it does not have such plans and it is more prominent in terms of continental presence than Konga, the ecommerce unit of Zin…
Nigeria’s stock investors gain N1.2trn in week ended May 13
The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalisation increased by 4.25percent or N1.17trillion in the trading week ended Friday May 13. The record gain in the review trading week pushed higher market’s positive return to …
NGCC eyes opportunities, reiterates commitment to boosting bilateral trade
The Nigerian-German Chamber of Commerce (NGCC) has reiterated its commitment to boosting bilateral trade between Nigeria and Germany with the aim of facilitating professional interaction and exchange that encourages business and investments. During the…
How Nigeria can tap global $365bn footwear market with lessons from India
The global footwear market valued at $365.5 billion in 2020 is projected to reach $530.3 billion by 2027 growing at a compound annual growth rate (CAGR) of 5.5 percent according to Allied Markets Research, this is a viable market that Nigeria can tap f…
Innoson Oil & Gas moves to discover 8tcf gas in Sierra Leone
With estimated recoverable resources of 8.2 trillion cubic feet (TCF) and 234 million barrels of gas and condensate respectively, Ryder Scott Company has confirmed Innoson Oil & Gas Limited’s findings from a hydrocarbon exploration campaign it engaged …