Business

Oil Companies Pay Influencers To Promote Their Fuel ProductsOil Companies Pay Influencers To Promote Their Fuel Products

Oil Companies Pay Influencers To Promote Their Fuel Products

Oil companies are paying popular influencers on social media to promote their gasoline and fuel rewards programs.  This has sparked…

August 30, 2023
Nigeria Ranks 7th In Mobile Phone Usage, 11th In Internet Reach: NCCNigeria Ranks 7th In Mobile Phone Usage, 11th In Internet Reach: NCC

Nigeria Ranks 7th In Mobile Phone Usage, 11th In Internet Reach: NCC

Nigeria has been ranked seventh in the world for mobile phone usage and eleventh for internet reach, according to the…

August 27, 2023
Big Banks Enter Fintech Space, Risks For Top Fintech CompaniesBig Banks Enter Fintech Space, Risks For Top Fintech Companies

Big Banks Enter Fintech Space, Risks For Top Fintech Companies

Nigeria's big banks are entering the financial technology (fintech) space, which is causing competition for existing fintech firms.  The banks…

August 25, 2023
Nigerian Customs Service To Allow Quick Export of 100% Local MaterialsNigerian Customs Service To Allow Quick Export of 100% Local Materials

Nigerian Customs Service To Allow Quick Export of 100% Local Materials

The Free Trade Zones (FTZs) Committee on Nigerian Customs Service (NCS) Operational Remodeling has recommended that the service allows the…

August 24, 2023
Govt Renews Lease Agreements For Ports Despite 17-Year Old DebtsGovt Renews Lease Agreements For Ports Despite 17-Year Old Debts

Govt Renews Lease Agreements For Ports Despite 17-Year Old Debts

The Federal Government has chosen to ignore the debts owed by operators of leased port terminals and has renewed their…

August 23, 2023
Aradel Plc Achieves 270% Growth After Rebranding In H1 2023 FinancialsAradel Plc Achieves 270% Growth After Rebranding In H1 2023 Financials

Aradel Plc Achieves 270% Growth After Rebranding In H1 2023 Financials

Aradel Plc, a company that recently rebranded, has shown significant growth and success in its operations. In the first half…

August 21, 2023
Nigerian Presidency Believes ‘Fuel Subsidy Removal’ Led People To PovertyNigerian Presidency Believes ‘Fuel Subsidy Removal’ Led People To Poverty

Nigerian Presidency Believes ‘Fuel Subsidy Removal’ Led People To Poverty

The Nigerian Presidency has expressed concern over the removal of fuel subsidy, stating that it has led to increased poverty…

August 19, 2023
Nigeria’s NNPC secures $3 billion loan to stabilize FX marketNigeria’s NNPC secures $3 billion loan to stabilize FX market

Nigeria’s NNPC secures $3 billion loan to stabilize FX market

Nigeria's state-oil firm NNPC said on Wednesday it has secured a $3 billion crude oil repayment loan from Cairo-based Afrexim…

August 17, 2023
Telecoms/Togo: 56% of consumers dissatisfied, 42% of ISP customers rate service as “mediocre”, according to ArcepTelecoms/Togo: 56% of consumers dissatisfied, 42% of ISP customers rate service as “mediocre”, according to Arcep

Telecoms/Togo: 56% of consumers dissatisfied, 42% of ISP customers rate service as “mediocre”, according to Arcep

Arcep is calling on mobile operators and Internet service providers to invest more in improving the quality of their services…

August 15, 2023
Burkina kicks Meridiam (and France) out of its airport at DonsinBurkina kicks Meridiam (and France) out of its airport at Donsin

Burkina kicks Meridiam (and France) out of its airport at Donsin

On Wednesday, the transitional government terminated an agreement signed in October 2021 with the French group Meridiam/Marseille for the operation…

August 13, 2023