The Commerce Africa

FG Lifts Ban On Sale Of SIMs

1 day ago

FG Lifts Ban On Sale Of SIMs

Ebuka Daniel The Federal Government has approved the lifting of its four months long ban on the sale…

Nigerians Can Compete Globally With High Speed Internet— Osinbajo

1 day ago

Nigerians Can Compete Globally With High Speed Internet— Osinbajo

Ololade Omosan-Agie Nigeria’s Vice President, Yemi Osinbajo, has said that improved access to …

Multiple Taxation, Poor Power Supply Affecting Manufacturing Output—-MAN

2 days ago

Multiple Taxation, Poor Power Supply Affecting Manufacturing Output—-MAN

Ebuka Daniel The Manufacturers Association of Nigeria, Edo/Delta chapter, has lamented the multiple …

Coordination Of Monetary, Fiscal Policies Needed To Stop Forex Crisis—-LCCI

2 days ago

Coordination Of Monetary, Fiscal Policies Needed To Stop Forex Crisis—-LCCI

Oluwasina Philip The difficulties faced by many investors in Nigeria in accessing foreign exchange f…

French President Invites BUA Amidst Rift With Dangote

2 days ago

French President Invites BUA Amidst Rift With Dangote

Oluwasina Philip French President, Emmanuel Macron, has invited the Chairman of BUA Group, Abdulsalm…

AfDB President Advocates Policies To Make Nigerian Youth Globally Competitive

2 days ago

AfDB President Advocates Policies To Make Nigerian Youth Globally Competitive

Ebuka Daniel The President of the African Development Bank, Dr Akinwumi Adesina has called on the Fe…

Rolls-Royce Grosses Highest Sales In 2021

3 days ago

Rolls-Royce Grosses Highest Sales In 2021

British luxury carmaker, Rolls-Royce, has delivered the highest-ever first quarter sales resul…

Italian Trade Agency, NEPC To Assist Nigerian Entrepreneurs Boost Access To EU Markets

3 days ago

Italian Trade Agency, NEPC To Assist Nigerian Entrepreneurs Boost Access To EU Markets

Ololade Omosan-Agie As part of its commitment to boost trade relationships with Nigeria, the Italian…

FG Boost MDAs Capacity On Social Protection Programmes

4 days ago

FG Boost MDAs Capacity On Social Protection Programmes

Oluwasina Phillip Federal Government has reiterated its resolve to prioritize social protection acro…

FG Will Commence Work on Ibadan-Kano, Port Harcourt- Maiduguri, Soon – Amaechi

1 week ago

FG Will Commence Work on Ibadan-Kano, Port Harcourt- Maiduguri, Soon – Amaechi

Babajide Iletogun The Federal Government on Friday explained that work would soon begin on some sele…

FAO, AU Unveil Framework to Boost Intra-African Trade

Ebuka Daniel The Food and Agriculture Organisation of the United Nations and the African Union…
DPR Set To Resolve 43 Oil, Gas Disputes

Ebuka Daniel The Department of Petroleum Resources has said over 43 cases in the Nigerian oil and ga…
CBN Orders States To Repay N1.5trn Loans Owed FG

Oluwasina Phillip The Central Bank of Nigeria has said that states must repay all loan facility of a…
It’s Very Difficult To Ascertain How Much Oil Nigeria Is Producing–NEITI

Ebuka Daniel The exact volume of crude oil produced in Nigeria, especially at the deep offshore fiel…
FG Lifts Ban On Sale Of SIMs

Ebuka Daniel The Federal Government has approved the lifting of its four months long ban on the sale…
CBN To Restrict Forex For Sugar, Wheat Importaion

Oluwasina Phillip The Central Bank of Nigeria has unveiled plans to include sugar and wheat on the l…
Nigerians Can Compete Globally With High Speed Internet— Osinbajo

Ololade Omosan-Agie Nigeria’s Vice President, Yemi Osinbajo, has said that improved access to …
Food prices soar as Nigeria’s inflation rises to 18.17%

Ebuka Daniel Food prices have again pushed Nigeria’s inflation to 18.17 per cent which is one …
Multiple Taxation, Poor Power Supply Affecting Manufacturing Output—-MAN

Ebuka Daniel The Manufacturers Association of Nigeria, Edo/Delta chapter, has lamented the multiple …
Coordination Of Monetary, Fiscal Policies Needed To Stop Forex Crisis—-LCCI

Oluwasina Philip The difficulties faced by many investors in Nigeria in accessing foreign exchange f…
Jaiz Deploys New Code To Enhance Flexible Payment

Ebuka Daniel Jaiz Bank Plc, a non-interest bank, said it has embraced and deployed the newly introdu…
AMCON Seeks Powers To Recover N5.4trn Debts Through Special Tribunal

Ololade Omosan-Agie The Asset Management Corporation of Nigeria has approached the National As…
FG To Auction N150bn Bonds This Month—DMO

Babajide Iletogun Federal Government would offer N150bn bonds for subscription in April, the Debt Ma…
French President Invites BUA Amidst Rift With Dangote

Oluwasina Philip French President, Emmanuel Macron, has invited the Chairman of BUA Group, Abdulsalm…
Rising Demand Pushes Crude Oil High To $66

Ebuka Daniel The international oil benchmark, Brent crude, rose by five per cent on Wednesday, afte…
We Didn’t Print N60bn To Augment FAAC Allocation, FG Replies Obaseki

Babajide Iletogun The Federal Government on Wedesday countered an allegation made by the Governor of…
Nigerians Spent N106.5trn In 2020

Ebuka Daniel Nigerian households spent N106.5trn on consumption expenditure in 2020 amidst Covid-19 …
Shoprite To Sell Nigerian Business To Persianas Group

Oluwasina Phillip One of Nigeria’s biggest retail store, Shoprite is planning to sell its Nige…
ITF, Nigerian Air Force Seal Pact To Enhance Productivity

Ololade Omosan-Agie The Industrial Training Fund has signed a tripartite Memorandum of Understanding…
AfDB President Advocates Policies To Make Nigerian Youth Globally Competitive

Ebuka Daniel The President of the African Development Bank, Dr Akinwumi Adesina has called on the Fe…
CAC To Bar Non-Remitting Entities from Public Contracts

Oluwasina Phillip The outgoing Chairman, Corporate Affairs Commission (CAC) Governing Board, and Nig…
NNPC Records 37% Decline In Pipeline Vandalism In January

Ebuka Daniel The Nigeria National Petroleum Corporation has announced a 37.21 per cent decrease in c…
Rolls-Royce Grosses Highest Sales In 2021

British luxury carmaker, Rolls-Royce, has delivered the highest-ever first quarter sales resul…
We ‘ve disbursed over N100bn as digital loans—Sterling Bank

Oluwasina Phillip Sterling Bank said it has disbursed over N100bn digital loans and about N5bn digit…
NESG Appoints Eight Board Members

Ololade Omosan-Agie Nigerian Economic Summit Group has announced the appointment of eight new member…
CBN Supports Manufacturing Sector With N803bn

Ebuka Daniel As at the end of February this year, the Central Bank of Nigeria has disbursed about N8…
Oil Price Rises For Fifth Consecutive Month

Babajide Iletogun The average global crude oil prices have continued to rise for the fifth consecuti…
Italian Trade Agency, NEPC To Assist Nigerian Entrepreneurs Boost Access To EU Markets

Ololade Omosan-Agie As part of its commitment to boost trade relationships with Nigeria, the Italian…
Refineries With Expired Licenses Can Apply For Revalidation–DPR

Ebuka Daniel The Department of Petroleum Resources has announced that refineries with invalid licenc…
We Raised N115bn Bond To Remain Competitive In Cement Business- BUA

Ebuka Daniel BUA Cement has said that among the reasons for raising N115bn Series 1 corporate bond i…
Adebayo Seeks Establishment Of Nigeria-France Business Council

Oluwasina Phillip The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo on Tuesday …
SunTrust Bank Provides Cars To 100 Female Drivers For Ride-Hailing Service

Olololade Omosan-Agie SunTrust Bank has gifted 100 Nigerian female drivers Hyundai Sonata vehi…
BUA Group Lafiagi Sugar Refinery To Be Completed Next Year

Babajide Iletogun The BUA Group yesterday set first quarter of next year target for the completion o…
New ITF Maitama Multi-billion Naira Building Will Have Positive Impact On Nigeria’s Economy – Adebayo.

Ololade Omosan-Agie The New Multi-billion Naira Building of the Industrial Training Fund projected t…
Bank of Industry Records N35.5bn Profit In 2020

Oluwasina Phillip The Bank of Industry Group concluded the 2020 financial year with a 78.8 per cent …
DPR Revokes Licenses Of BUA Petrol-Chemical Refinery, 31 Others

Ebuka Daniel The Department of Petroluem Resources has revoked the licensee of 32 project refineries…
CBN Still Supporting Businesses, Households With Covid-19 Loan

Ebuka Daniel The Central Bank of Nigeria has said that it is still supporting businesses and househo…
FAAN sets rule for drivers, passengers at airports

The Federal Airports Authority of Nigeria has said that drivers are prohibited from picking up passe…
FG Boost MDAs Capacity On Social Protection Programmes

Oluwasina Phillip Federal Government has reiterated its resolve to prioritize social protection acro…
Farmers Awaiting Commencement Of Our Fertiliser Plant—Dangote

Ebuka Daniel Farmers in Ogun State are eagerly awaiting the commencement of operations of the Dangot…
PenCom gets ISO certification

Oluwasina Phillip The National Pension Commission has been given the ISO certification which is an i…
First Capital Market Committee Meeting Of 2021 To Hold On Thursday—SEC

Babajide Iletogun The Securities and Exchange Commission has announced that the first Capital Market…
Investors Lose N30bn As Capital Market Continues Downward

TrendOlolade Omosan-Agie The Nigerian capital market continues its downward trend last week as the m…
ITF Has Trained Over 500,000 Artisans In Four Years—Adebayo

Oluwasina Phillip The implementation of several skills intervention programmes have enabled the Ind…
We Will Implement Report On $1bn Abandoned Oil Facility—-FG

Ebuka Daniel The federal government has received the report of the compensatory contracts and other …
Outgoing CAC Board Chairman Outlines Strategies To Improve Nigeria’s Trade Relations With Spain

Babajide Iletogun The newly appointed Ambassador of Nigeria to Spain, Chief Ademola Seriki has outli…
FG Printed N60bn To Augment FAAC Allocation In March—Obaseki

Babajide Iletogun Edo State Governor, Godwin Obaseki, has said Nigeria is in “huge financial trouble…
FG Printed N60bn To Augment FAAC Allocation In March—Obaseki

Ebuka Daniel Edo State Governor, Godwin Obaseki, has said Nigeria is in “huge financial trouble” wit…
Oil Price Drops To $63.18 As Nigeria’s Daily Production Hits 1.57 Million Barrels

Ebuka Daniel Oil prices were little changed on at the weekend as investors weighed rising supplies f…
FG Will Commence Work on Ibadan-Kano, Port Harcourt- Maiduguri, Soon – Amaechi

Babajide Iletogun The Federal Government on Friday explained that work would soon begin on some sele…
FG Moves To Develop First Made In Nigeria Electric Vehicle

Ebuka Daniel The Federal Government through its agency- the Nigerian Institute of Transport Technolo…
Banks Not Owing MTN Nigeria, Other Telecom Operators- Herbert Wigwe

Ololade Omosan-Agie Nigerian banks have insisted that they are not indebted to any telecom operator …
ECA To increase Investment In Infrastructure In Africa

Oluwasina Phillip The Economic Commission for Africa says it is working with African countries to in…
FG vows to lift Nigeria out of poverty, unemployment

Ololade Omosan-Agie The Federal Government says it is determined to do all it entails to lift …
NNPC Moves Pipes From Warri To Itakpe For AKK Gas Project

Ebuka Daniel The Federal Government has begun the movement of pipes from Warri to Itakpe for the imp…
Three years after suspension, NNPC to resume oil exploration in Sokoto Basin

Babajide Iletogun The Nigerian National Petroleum Corporation, NNPC has announced plans to resume ex…
Poor countries got $17bn from World Bank to address Covid-19

Ebuka Daniel The World Bank said it transfered about $17bn to Least Developed Countries between Apri…
CBN to freeze 193 more Bank Accounts

Oluwasina Phillip The Central Bank of Nigeria has obtained three different court judgments from the …
PenCom receives certification on information security management

Ebuka Daniel The National Pension Commission has been evaluated by the Professional Evaluation and C…
SEC Warns Investors Against Patronising Unregistered Trading Platforms

Ololade Omosan-Agie The Securities and Exchange Commission has warned the investing public on the pr…
MTN explains cut in Banks’ USSD Commission

Oluwasina Phillip MTN Nigeria has explained that the decision to slash the commission banks get for …
AfDB Says Climate Change May Cost African Countries $50bn Annually—AfDB

Babajide Iletogun The African Development Bank has said the impact of climate change on the continen…
Price War: Dangote Petitions FG, Demands Shutdown Of BUA Sugar Plant

Ebuka Daniel Aliko Dangote, leader and founder of the Dangote group has petitioned the F…
FG generated $3.24bn Revenue From Shell In 2020

Ebuka Daniel The payment made to the Federal Government by Shell companies in Nigeria plunged by 42.…
Customs earned N46.85bn revenue in three month

Oluwasina Phillip The Ports and Terminal Multiservices Limited Command of Nigeria Customs Service h…
Shippers Lost N780bn Revenue in 2020

Ebuka DanielShippers in the country have said they lost N780bn in 2020 because they could not access…
World Bank pledges to tackle Nigeria’s debt burden

Babajide Iletogun The President, World Bank Group, Mr David Malpass, said the group is working activ…
Accountant-General Promises To Sustain Timely Production Of Financial Reports

Oluwasina Phillip The Accountant General of the Federation, Mr Ahmed Idris has promised to ensure th…
ICRC Appoves $21m For Jabi Lake Recreational Project

Babajide Iletogun The Infrastructure Concession Regulatory Commission, on Wednesday, issued the Outl…
81,000 Female Entreprenuers Got N58bn Loan From First Bank

Ebuka Daniel First Bank Plc has said that it gave out a total of N58bn, in form of loans to over 81,…
Dangote Slides To 191 Richest Man As Wealth Declines By $600m

Ololade Omosan-Agie Forbes latest ranking of world billionaires has revealed that Nigeria’s an…
DMO offers 2 new FG savings bonds for subscription at N1,000

Babajide Iletogun The Debt Management Office, on Tuesday, opened two new Federal Government of Niger…
All Share Index Drops By 0.4% as Stock Market opens negative

Ebuka Daniel The local bourse resumed the week with a loss of 39bps due to sell-offs in GUARANTY (-3…
DPR revokes Addax’s oil mining licenses for non-performance

Director and Chief Executive Officer of The Department of Petroleum Resources (DPR) Engr. Sarki Auwa…
IMF predicts higher economic growth for Nigeria

Ebuka Daniel The International Monetary Fund has projected an economic growth of 2.5 per cent for Ni…
One year after closure, international flight resumes in Kano airport

Oluwasina Phillip International flight operations resumed at the Malam Aminu Kano International Airp…
SON to enhance quality of Healthcare equipment in Nigeria

Ololade Omosan-Agie The Director General/Chief Executive, Standards Organisation of Nigeria, Mr. Far…
LCCI Sets Up E-Commerce For Private Enterprises

Ebuka Daniel The Lagos Chamber of Commerce and Industry has announced the launch of its e-commerce s…
NNPC signs $1.5b Agreement with Tecnimont SpA to rehabilitate PH refinery

Oluwasina Phillip The Nigerian National Petroleum Corporation has signed an Engineering, Procurement…
ICAN suggests strategies to tackle Nigeria’s high unemployment rate

Ebuka Daniel The Institute of Chartered Accountants of Nigeria on Tuesday blamed the high unemployme…
Shoprite Awaits FCCPC Approval Sell-Off Nigerian Outlets

Ololade Omosan-Agie Shoprite Holdings Limited, said it has concluded the sales of its Nigerian outle…
FG To Raise Quality Of Locally Produced Barite To American Standard

Babajide Iletogun The Federal Government has contracted a consultant to help raise standard in the l…
IMF Excludes Nigeria, Grants Debt Service To 28 Countries

Ebuka Daniel The executive board of the International Monetary Fund approved a third tranche of gran…
More investors needed in agric sector to guarantee food security— ActionAid

Ololade Omosan-Agie ActionAid Nigeria has called on partners, donors and stakeholders in the Public …

Business

Food prices soar as Nigeria’s inflation rises to 18.17%

1 day ago 0

Ebuka Daniel Food prices have again pushed Nigeria’s inflation to 18.17 per cent which is …
Read More »
We Didn’t Print N60bn To Augment FAAC Allocation, FG Replies Obaseki

2 days ago 0
Nigerians Spent N106.5trn In 2020

2 days ago 0
NESG Appoints Eight Board Members

3 days ago 0
CBN Supports Manufacturing Sector With N803bn

3 days ago 0

Trade & Investment

FAO, AU Unveil Framework to Boost Intra-African Trade

16 hours ago 0

Ebuka Daniel The Food and Agriculture Organisation of the United Nations and the African Union …
Read More »
Multiple Taxation, Poor Power Supply Affecting Manufacturing Output—-MAN

2 days ago 0
French President Invites BUA Amidst Rift With Dangote

2 days ago 0

Insurance

Insurance Industry Gets New Corporate Guidelines June 1—-NAICOM

1 week ago 0

Oluwasina Phillip The National Insurance Commission will from June 1 commence the implementation of new …
Read More »
Toney Elumelu, Fola Daniel Start Insurance Business

November 28, 2020 0
NAICOM Deploys Technology to Tackle Fake Insurance

October 3, 2020 0

Trade & Investment

FAO, AU Unveil Framework to Boost Intra-African Trade

16 hours ago

Multiple Taxation, Poor Power Supply Affecting Manufacturing Output—-MAN

2 days ago

French President Invites BUA Amidst Rift With Dangote

2 days ago

Shoprite To Sell Nigerian Business To Persianas Group

2 days ago

ITF, Nigerian Air Force Seal Pact To Enhance Productivity

2 days ago

CAC To Bar Non-Remitting Entities from Public Contracts

3 days ago

Investigations

Rolls-Royce Grosses Highest Sales In 2021

3 days ago 0

British luxury carmaker, Rolls-Royce, has delivered the highest-ever first quarter sales results in 2021, reporting …
Read More »
FG Will Commence Work on Ibadan-Kano, Port Harcourt- Maiduguri, Soon – Amaechi

1 week ago 0
FG Moves To Develop First Made In Nigeria Electric Vehicle

1 week ago 0
Shippers Lost N780bn Revenue in 2020

1 week ago 0
NRC Begins E-ticketing for Abuja-Kaduna Train Service

January 13, 2021 0

FAO, AU Unveil Framework to Boost Intra-African Trade

16 hours ago 0

Ebuka Daniel The Food and Agriculture Organisation of the United Nations and the African Union Commission’s Department of Agriculture, Rural Development, Blue Economy and Sustainable Development have launched a guide towards boosting intra-African agricultural trade under the new African Continental Free Trade Area agreement. This is coming on the expectation …

DPR Set To Resolve 43 Oil, Gas Disputes

16 hours ago 0

Ebuka Daniel The Department of Petroleum Resources has said over 43 cases in the Nigerian oil and gas industry are waiting to be looked into by the newly inaugurated Alternative Dispute Resolution Centre. Its Director/Chief Executive Officer, Mr Sarki Auwalu, said the ADRC was established in January as one of …

CBN Orders States To Repay N1.5trn Loans Owed FG

16 hours ago 0

Oluwasina Phillip The Central Bank of Nigeria has said that states must repay all loan facility of about N1.5trn received as support from the apex bank, a punishment for accusing it of printing N60bn to support March federal allocation. The apex bank governor, Godwin Emefiele, said this on Thursday in …

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