Business

As part of efforts to rev up commerce, industry and economic activities, Dangote Industries Limited is sponsoring the ongoing international trade fairs in Abeokuta and Enugu, the capitals of Ogun and Enugu States respectively. The trade…

A carved mask from Central Africa, dating from the 19th century, was sold in France for 4.2 million euros $4.6 million) on Saturday, despite Gabonese protesters in the auction house calling for the item’s “‘restitution”. The rare wooden…

The  Development Bank of Nigeria ( DBN) has advanced more than N439 billion credit facility to over 180 businesses within four years of its existence with women and youth-owned businesses being the highest beneficiaries. The Managing…

Nigerians have continued to abandon cheque transactions as Point of Sale transactions rise to N13.67tn in three years, according to data obtained from the Nigeria Inter-Bank Settlement System Plc portal. The data showed that the…

Flutterwave, Africa’s leading payments technology company has announced the second edition of its trade fair, after recording a successful first edition in October 2021. The trade fair aims to support small businesses and help them…

The Olam Group is focusing on research on developing appropriate wheat seeds that are suitable for Nigeria climatic conditions as a major step to improving the crop’s yield in the country. This was disclosed by the Managing Director of…

Leading sustainable building solutions company, Lafarge Africa Plc held a two-day capacity-building event – The Transporters’ Summit – for independent transport partners who distribute its products across the country. The management and…

Nigerians have lost hundreds of millions worth of business deals since the Twitter ban in the country. According to Statista, Nigeria has about 33 million active social media users, with about 26 per cent on Twitter. Early June,  the…

Having embraced innovation, the Nigerian Postal Services (NIPOST) is to provide effective postal services to facilitate business activities and make the business environment conducive for the public, the Post Master General(PMG),Dr Ismail…

The World Bank says it costs more to move goods locally in Nigerian than in the United States of America, stating that the cost of moving goods (per unit distance) domestically in Nigeria is about 5.3 times higher than in the United States…