NNPC attains 98 per cent automation of crude oil marketing operations
12-27-2017 | 11:15:00
The Nigerian National Petroleum Corporation (NNPC) has achieved 98 per cent automation of all transactions involving the supply, marketing and sale of the various grades and blends of Nigeria’s crude oil across the world.

Union Bank of Nigeria announces changes to its Board of Directors
12-27-2017 | 09:22:53
Union Bank of Nigeria has announced changes to the membership of its Board of Directors with the retirement of an Executive Director, Mr. Ibrahim Kwargana and the resignations of three Non-Executive Directors.

NNPC petroleum products distribution, sale increase by 29 per cent
12-20-2017 | 09:00:00
The Nigerian National Petroleum Corporation distributed and sold about 1.3billion litres of petroleum products throughout the country in the month of September, 2017.

The Future of Work in Nigeria - GE Nigeria report
12-20-2017 | 08:30:00
General Electric Nigeria today released a whitepaper titled "The Future of Work in Nigeria. Bridging the Skills Gap: The Key to Unlocking Nigeria’s Inherent Potential" as part of the company’s global ‘The Future of Work’ series to highlight the need for investment in sustainable skills development.

NNPC assures local investors of support as multi-million naira tank farm opens in Ogun State
12-19-2017 | 14:22:36
The Nigerian National Petroleum Corporation (NNPC) will continue to offer unflinching support to indigenous private investors in the nation’s Oil & Gas Industry.

SNEPCo links Nigerian and Chinese suppliers in latest effort to develop Nigerian content
12-19-2017 | 14:19:57
More than 20 Nigerian and 60 Chinese suppliers met in a strategic sourcing development forum in Shanghai mid-November in the latest effort by Shell Nigeria Exploration and Production Company to boost the capacity of indigenous vendors in the oil and gas industry.

Nigerian High Court grants Aiteo’s Benedict Peters global judgment in rem - declares earnings legitimate
12-19-2017 | 10:28:00
The High Court sitting in the Federal Capital Territory, Nigeria has declared that earnings and assets accruing to Oil magnate and Aiteo Energy boss, Benedict Peters were acquired legally through legitimate sources.

[Nigeria] Farmcrowdy closes on seed funding of $1m
12-19-2017 | 09:38:00
Farmcrowdy, a Nigerian digital agriculture platform which allows Nigerians to venture in and sponsor agriculture, has announced that it had closed on seed funding of $1 million from international and local investors.

MainOne listed as Microsoft Azure ExpressRoute connectivity provider for Nigeria
12-19-2017 | 09:14:11
MainOne, West Africa’s communications Services Company and operator of the premier Tier III Data Center, has announced its official listing by Microsoft as an ExpressRoute Connectivity Provider for Nigeria.

PayU Nigeria enhances online payments with PayU Receive
12-18-2017 | 12:08:37
Businesses in Nigeria can securely request and receive payments directly from their customers without any hassles using PayU’s innovative and secure product called PayU Receive.

Nigeria signs joint declaration on economic cooperation with European Free Trade Association
12-18-2017 | 12:04:50
Nigeria has signed a joint declaration on Economic Cooperation with the European Free Trade Association (EFTA) in Buenos Aires, Argentina, on the sidelines of the World Trade Organisation (WTO) 11th Ministerial Conference.

Nigeria records N19.33trn e-payment transactions in Q3
12-18-2017 | 11:07:00
A total volume of 213,693,964 transactions valued at N19.33 trillion was recorded in the third quarter (Q3) of 2017 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed.

Arik Air resumes Abuja - Calabar, Abuja - Uyo routes
12-18-2017 | 10:25:00
Arik Air, Nigeria’s largest carrier is increasing its capacity ahead of Christmas and New Year celebrations to enable customers celebrate the festive season with family and friends.

NNPC adopts 24 hour depot, retail services to clear fuel queues
12-18-2017 | 10:02:00
The Nigerian National Petroleum Corporation (NNPC) has stated that its adoption of a 24-hour depot and retail services cleared the fuel queues in Abuja, Lagos and many states across the country.

Union Bank Nigeria announces N10bn Agricultural Fund in partnership with NIRSAL
11-15-2017 | 10:46:05
Union Bank recently launched its N10 billion agricultural funding scheme on the platform of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, an all-inclusive lending program established to de-risk lending to the Nigerian agricultural sector. acquires Jumia House Nigeria
11-15-2017 | 10:06:08, Nigeria’s leading online property classifieds portal, has in conjunction with their existing investors, Frontier Digital Ventures, acquired Jumia House Nigeria, a competing property portal, for an undisclosed sum.

NNPC to promote In-Country Technology
11-15-2017 | 09:56:47
The Nigerian National Petroleum Corporation (NNPC) has pledged to promote the development and commercialization of home-grown technology in collaboration with the Nigerian Content Development and Monitoring Board.

Diamond Bank grows profit by 71% in 9 months
11-09-2017 | 10:21:36
Diamond Bank Plc has handed in its Q3 2017 financial scorecard on the floor of the Nigerian Stock Exchange (NSE), displaying moderate growth in key financial parameters despite the lull trailing economic activity after the country exited recession.

Stanbic named best private bank in Kenya, Nigeria and Ghana
11-08-2017 | 12:56:00
Standard Bank was named the best private bank in Kenya in the 2017 Global Private Banking Awards held in Singapore last week, in recognition of its wealth investment and management arms.

Dangote donates N.5b to Kano traders
11-08-2017 | 11:37:06
Succor came the way of the over a thousand hitherto dejected traders affected by the Kano Market fire disasters few months ago as the renowned business mogul, Aliko Dangote made good his promise and donated N500m to rehabilitate them.