Business

The National Directorate of Employment (NDE) on Tuesday disbursed the sum of N4.5 million loans to micro business owners in Bauchi State. Mr Lawan Yaya, the state Coordinator, stated this during the disbursement of the loans to…

Mr Yemi Kale, Statistician-General of the Federation, says the ongoing 2020 National Business Sample Census (NBSC) in Nigeria has been extended by two weeks. Kale disclosed this while fielding questions from journalists on the…

American rapper and movie producer Curtis “50cent” Jackson has ventured into the sanitizer making business. Fifty took to his personal verified twitter account to release a commercial on Saturday  to showcase the new line of luxury…

A recycling expert, Mr Adewole Taiwo, has called for the enforcement of the Extended Producers Responsibility (EPR) policy to boost recycling business in the country. SEE ALSO: FRSC Confirms 2 Dead, 3 Injured In Ogbomoso-Ilorin Road…

According to The Sunday Times 2020 Rich List, James Dyson has topped the chart, with his net worth of £16.2bn ($19.2bn) in a bountiful year for the vacuum entrepreneur. Dyson wealth went up by £3.6bn since the previous list, surpassing…

The demand of Sugar from sweet-toothed people in India will likely see a reduction than expected as mall and restaurants closures due to a nationwide lockdown cut consumption of desserts, ice cream and beverages. Demand from the second most…

Tesla CE, Elon Musk on Saturday has threatened to move the California headquarters of the company to Nevada or Texas “immediately.” He made this public in a message on his personal Twitter account. Via the same communication…

Peloton, an American-based exercise equipment manufacturer is finding it difficult to meet up with the enormous demand for its products. The manufacturer’s losses are, however, growing as well, as it tries to get exercise bikes to…

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Business activities resumed in full swing in Kano amid worsening international economic crisis occasioned by the Coronavirus pandemic. SEE ALSO: Music producer trains 330 youths in Plateau A check by News Agency of Nigeria (NAN) on Monday…

The African Development Bank (AfDB) says the size of business and consumer expenditures in Africa will rise to 5.6 trillion dollars in five years. This is contained in a speech delivered by AfDB President, Dr Akinwumi Adesina at…

The Central Bank of Nigeria (CBN)  has fined 12 major banks  N499.1billion for breaching its guidelines on lending to the real sector of the economy. According to an approved debit instruction, the affected banks and the amount they will…

Central bank of Nigeria (CBN) Governor Godwin Emefiele, has said that banks that fail to meet its directive on the 60 per cent Loan Deposit Ratio (LDR) would be penalised at the expiration of the deadline. CBN  on July 3, 2019, directed…

African Development has launched pilot Cities Diagnostics tool in five different cities. In a statement released to TheHerald, Prof, Davis Mwamfupe, the Mayor of Dodoma, Tanzania,  said that “The urban opportunities far outweigh the…

Following the partial closure of Nigeria’s borders with intensified joint patrol conducted by the Customs and Immigration, there has been high patronage of locally produced rice. News Agency of Nigeria (NAN) investigation at six…

Igo Weli, the General Manager of the Shell Petroleum Development Company of Nigeria (SPDC), has made an announcement stating how the oil giant loses 10,000 barrels of oil daily to Nigerian thieves. The Shell Development Company of Nigeria…

Mr Ikponwonsa Gabriel, a pig farmer at Oba market in Benin says pig farming has the potential of reducing unemployment and poverty because it is very profitable. Gabriel told the News Agency of Nigeria (NAN) on Friday in Benin that pig…

Some business people love to say hope is not a strategy. There are others too who love to say “we can’t trade on hope”. Maybe this is accurate for their business or purpose, maybe not, who knows? But in life, hope is almost certainly…

Drink giants Coca-Cola have announced the 100% takeover of Chi Limited, taking its partial ownership to a full one. This was contained in a statement in which the company stated that it has now increased its interest in the company from…

MTN Nigeria has instituted a legal action against the Kogi State Government, claiming N5 million damages, an official said on Tuesday. The MTN’s Corporate Relations Executive, Mr Tobechukwu Okigbo, made this known in Lagos on Tuesday.…

Telecommunications company, 9mobile has announced the appointment of Mr Phillips Oki as its new Chief Financial Officer. The Acting Managing Director of 9mobile, Stephanie Beuvelet, who disclosed this in a statement issued in Lagos on…

Nigeria has been placed as the 110th best country for business in the world according to a 2019 analysis by Forbes. The United Kingdom is first on the list, while Sweden, Hong Kong, Netherlands, New Zealand, and Canada are 2nd, 3rd, 4th,…

Management of the NASCON Allied Industries Plc, a subsidiary of the Dangote Industries Limited has pledged its commitment towards a healthy living by the people by producing products that meet the physical and mental needs of the people.…

The dollar edged higher on Wednesday as a rally on Wall Street boosted risk appetite, although gains were capped before the release of Fed minutes later in the day. Still, moves were muted in currency markets, contrary to the big gains…

As the Ghanaian government intensifies its hostile action against foreign business owners in the country, a Nigerian business woman has reportedly committed suicide after government authorities shut down her businesses in the country.…

The dollar held at a six-week high on Thursday as an overnight jump in U.S. Treasury yields on the back of strong data prompted investors to add long bets in the greenback against higher-yielding and emerging market currencies. Yields…

Nala, Virtual Identity and Wallet.ng dazzle judging panel to be the three winners of the competition; All 11 finalists were officially inducted into the Ecobank Fintech Fellowship programme to explore commercial partnerships with the…

Patrick Akin Akinwuntan, Managing Director and Regional Executive of Ecobank Nigeria starts his new role today. The vastly experienced banking professional is passionate about bringing customer-friendly banking services to every household…

Nigeria’s Dangote has emerged the most valuable brand among the top 50 brands in Nigeria for 2018 which were unveiled at the weekend in Lagos. This is coming barely three months after the brand was adjudged the most admired brand of…