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Business
African Mask Sold For $4.6m In France Despite Protest
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…
DBN Doles Out N439bn To 180 businesses
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…
PoS Transactions Hit N13.67tn In Three Years, Cheque Usage Drops
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 Announces Second Edition of Trade Fair
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…
Olam Moves to Research on Wheat Seeds For Nigerian Climate
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…
Lafarge Africa Holds Transporters’ Summit, Rewards Performance
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…
Life, Business Without Twitter, Nigerians Recount Ordeal, Count Losses
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…
NIPOST To Enhance Businesses With Effective Services
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…
Moving Goods Locally In Nigeria Over 500% Costlier Than US –World Bank
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…
S.Africa To Get $8.5 bn from Rich Nations To Give Up Coal
Coal-dependant South Africa on Thursday announced it was ploughing 50 billion rand ($3.3 billion) into 25 wind and solar projects in an effort to shift towards clean energy and boost production.
Energy minister Gwede Mantashe said the…