Category Archives: Business

MTN Group Appoints Bombrun To Lead Digital Platforms

September 1 Business no comments

MTN Group has announced the appointment of Christian Bombrun as its new CEO: Digital Platforms, effective 1 September 2022. Bombrun is set to take over from Minnie Harris, who has been acting in the role since April 2022...

Lagos Gov Receives Odu’a Investment Share Certificate

August 13 Business no comments

Lagos State Governor, Mr. Babajide Sanwo-Olu on Thursday received the Share Certificate of Lagos State Government from the Odu’a Investment Company Limited, a company jointly owned by the six South-West states. The Share...

Robbers Take Over Lagos-Ibadan Expressway As Commuters Flee

August 10 Business no comments

Reports say many people took to their heels as gunmen took over Kara Bridge on Lagos-Ibadan Expressway on Tuesday, August 9, 2022. While some of the commuters braved it and carried their bags to run towards Lagos, others...

Lagos Seals Off Lekky County Homes Pump Station

July 8 Business no comments

The Lagos State Government through the Lagos State Water Regulatory Commission (LASWARCO) on Thursday sealed the water treatment plant and pump station of the Lekky County Homes Estate in the Lekki area of the state for ...

Kenyan Govt. Battles To Crack Down Betting

May 14 Business no comments

The Kenyan government is trying to crack down on gambling by imposing higher taxes both on the companies and those who are gambling. People in the country continue to bet despite this and Safaricom, the Kenya Revenue Aut...

Stakeholders Task Nigerians To Bridge Aquaculture Gaps To Boost Fish E...

May 14 Business no comments

I In a bid strengthen the aquaculture sector; stakeholders in the subsector have harped on the need to bridge the gaps in the sector to foster international acceptance of locally grown fish. The stakeholders said this at...

Lagos Governor ‘Beats Chest’ Over Rail Project Completion

April 25 Business no comments

Lagos State Governor, Mr. Babajide Sanwo-Olu, on Sunday reassured the residents that the State Government is on track with its efforts to complete works on both the Blue and Red lines rail projects, which are intra-city,...

Bandits Kill Miyetti Allah Boss, 3 Others

April 11 Business no comments

The Chairman of Miyetti Allah Cattle Breeders Association (MACBAN) of Gwagwalada Area Council in Abuja, Adamu Aliyu, was shot dead at the weekend by bandits who attacked him on his way after conducting a business transac...

‘Railways, A Panacea ForTraffic Jams In Nigeria’

January 11 Business 1 comment

A Business Mogul, Chief Okey Umeora has identified railways as a panacea to traffic jams in Nigeria. Chief Umeora made the observation while interacting with Information officers, shortly after identifying with All Progr...

Covid-19: African CEOs Optimistic Of Business Boom

December 14 Business no comments

African CEOS expressed optimism about their business and economic growth over the next 12-18 months. A new survey of African CEOs from 46 countries conducted by PAFTRAC, the Pan-African Private Sector Trade and Investmen...

Govt. Takes Over Burnt Petrol Stations

December 14 Business 1 comment

Anambra State Government has taken over the two filling stations; Christee and Silver, that were gutted by fire on December 12 at the Savoy area of Onitsha. Gov. Willie Obiano also ordered that any filling station with G...

JaraBet Enters Nigeria’s Sports Betting Scene With Exciting Offe...

November 4 Business 1 comment

Photo: Finance Manager, New-age bookmaker, Hi-5 Gaming Solutions Limited (JaraBet) Mr. Ekunola Ademola, Chief Executive Officer, Lagos State Lotteries Board, Mr. Bashir Abiola Are, General Manager, New-age booker, Hi-5 G...

Globacom Signs Satellite Deal With Eutelsat’s Konnect Africa

October 6 Business no comments

In the presence of the French President, Emmanuel Macron, Eutelsat Communications (Euronext Paris: ETL) and Globacom have signed at the Elysée Palace in Paris, a multi-year, multi-Gbps wholesale capacity contract, enabli...

Covid-19: Africa Suffering From Substantial Economic & Health Har...

May 11 Business no comments

As the world battles new COVID-19 variants and supply of vaccines remains critically low in Africa, African Union Member States must find the balance between minimizing threats from COVID-19 and the indirect burdens of p...

New Breed Of Partner Needed To Support SMEs’ Post-Pandemic Recov...

September 23 Business no comments

As the economic impact of the Covid-19 pandemic hits Africa’s business sector, small and medium enterprises are in a fight for their survival. With slowing economies across the continent, low consumer confidence an...

Investment Company Keys Into Gov Sanwo-Olu’s Housing Agenda

September 10 Business 1 comment

Lagos Building Investment Company Plc (LBIC) has expressed its readiness to work with Governor Babajide Sanwo-Olu’s administration by keying into the T.H.E.M.E.S. developmental agenda of Lagos State, especially in ...

Nigeria Reopens Airports For International Flights August 29

August 18 Business 2 comments

Nigeria’s Aviation Minister Hadi Sirika on Monday said the resumption of international flights would begin with the megacity of Lagos and the capital, Abuja on 29 August, 2020. “Protocols and procedures will ...

Sports Minister Tasks Youth Investment Fund Committee

August 13 Business no comments

Minister of Youth and Sports Development, Mr. Sunday Dare has charged the Ministerial Technical Committee on Nigeria Youth Investment Fund to carry out their assignment with dispatch. Speaking at the inauguration of the ...

Covid-19: Shoprite ls Leaving Nigeria

August 3 Business no comments

Africa’s biggest grocery retailer and the South Africa-owned chain of stores, Shoprite, is exiting Nigeria, Africa’s most populous nation and largest market–after 15 years. Shoprite is re-evaluating its opera...

Africa House Partners With NACCIMA To Eradicate Food Shortage

July 12 Business 2 comments

.Using Hydroponics Technology – A report made available to this online newspaper says Africa House has partnered with the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and ...

N169bn Fraud: Dubai Officially Confirms Arrest Of Hushpuppi, Woodbery

June 26 Business 3 comments

Dubai Police authorities on Thursday confirmed the arrest of Nigerian well-known Instagram personalities Ramon Olurunwa Abbas also known as Hushpuppi and Olalekan Jacob Ponle popularly known as Woodbery. The two were con...

Lotto Agents Set To Clash With Western Lotto Over Commission

June 13 Business 28 comments

The desperate attempt by billionaire businessman-cum- politician, Sen Buruji Kashamu, to take over control of the Lotto industry in Nigeria is threatening to bring him into direct conflict with lotto agents. In his publi...

Lagos Governor Commissions 264 Units Of Flats In Lekki

May 29 Business 4 comments

The Lagos State Governor Mr. Babajide Olusola Sanwo-Olu on Thursday promised that his administration will build affordable and accessible houses for Lagosians. He made the disclosure while commissioning about 264 Units o...