In order to strengthen the group’s Executive management team and sustain its strategic business growth trajectory, Dangote Industries Limited (DIL has announced new appointments.
International consortium signs interim phase agreement with Federal Government of Nigeria for rail concession
Following its award of preferred bidder status by the Federal Government of Nigeria in May 2017, an International Consortium last Friday in Washington D.C, signed an agreement to proceed with the Interim Phase of the Nigerian narrow-gauge railway concession.
Effective June 2018, bank customers will not be able to use Unstructured Supplementary Service Data (USSD) channel to conduct transactions more than N100, 000 per day.
Oando, Nigerian energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced audited results for the three months period ended March 31, 2017.
NNPC awards Oando Engineering, Procurement and Construction mandate to develop Ajaokuta-Kaduna-Kano gas pipeline project
A two party consortium consisting of Oando, in conjunction with its midstream affiliate, Axxela Limited and Oilserv Limited, has been awarded the Engineering, Procurement, Construction mandate for the Ajaokuta – Abuja portion (Lot 1) of the Ajaokuta-Kaduna-Kano Pipeline system by the NNPC.
Nigeria has stepped up its fight against cancer with the launch of its National Cancer Control Plan 2018-2022. During the inaugural event, BIO Ventures for Global Health, BVGH, presented AAI and its alliance with the Nigerian government to address the rapidly rising burden of cancer in the country.
The Africa America Institute collaborates with Covenant University for the Jim Ovia Foundation Leaders Scholarship
The Africa America Institute (AAI) just signed an MoU with Covenant University, making the institution the second university partner for the Jim Ovia Foundation Leaders Scholarship (JOFLS).
Pharmaceutical company ViaDerma has entered into a $250,000 initial sales agreement with Vage Nigeria Ltd. a brand support company specializing in product sourcing.
Agritech startup, Farmcrowdy, enables UK-based Nigerians to invest in poultry and local farms via mobile phones
UK-based Nigerians are investing in Nigeria’s booming agricultural sector from the comfort of their homes, thanks to one and half year-old, VC-backed agritech platform, Farmcrowdy.
The United Nations Secretary-General has appointed Bola Adesola of Nigeria, Chief Executive Officer and Managing Director of Standard Chartered Nigeria, and Paul Polman of the Netherlands, Chief Executive Officer of Unilever, to serve as the two Vice-Chairs of the Board of the United Nations Global Compact.
As part of its West Africa expansion, connectivity and data centre solutions operator MainOne has secured a license to expand national and international connectivity services in Cote d’Ivoire.
Nigeria Vision 20:2020 is set to be a major development plan for the country to accelerate growth of commercial and industrial sectors over the coming years.
Bank of Agriculture and SunTrust Bank have sealed an e-banking agreement described by the Minister of Agriculture Audu Ogbe as ‘landmark’ and instrumental to the development of agricultural sector in Nigeria.
Nigeria’s Ministry of Petroleum has approved the recommendation by the Department of Petroleum Resources to revoke three Oil Mining Leases operated by Shell Petroleum Development Company, a local arm of Shell, the Anglo Dutch major.
The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment in the country.
The Value Added Services (VAS), segment of the telecom market in Nigeria has recorded the sum of $200 million revenue as at first quarter this year, Prof. Umar Danbatta, Executive Vice-Chairman of Nigerian Communications Commission (NCC) has said.
The Nigerian High Court has stopped the sale of 9mobile following opposition to the deal by some shareholders of the company.
Nigeria’s technology space is set to witness experiential platform with the unveiling of TechFest by Diamond Bank Plc in partnership with MTN, Visa, Microsoft, NIBSS, Deloitte and Touche, Interswitch and Beat FM.
The Nigerian Stock Exchange is set to migrate Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and United Bank for Africa Plc to its Premium Board, 2018 sequel to them applying and meeting the Exchange’s listing requirements for the board.
First Bank of Nigeria Limited continues to count on Automated Teller Machines, ATM, to improve customers’ experience and currently accounts for 37 percent of bills payment services on ATMs in Nigeria’s banking industry.