Latest Nigeria Business News
Amazon, an American multinational technology company-based in Seattle, Washington, has announced the investment of $15 million globally on tools and services in an effort to support their merchants to succeed on the marketplaces. The investments, according to the company were injected into programmes such as Amazon Handmade, Amazon Launchpad, Amazon Business, Amazon Advertising or Fulfillment […]
The Federal Government said it has discovered about 1,260 abandoned mining sites in the country. The Minister of Mines and Steel Development, Olamilekan Adegbite on Tuesday said the Federal Government had been able to recover 25 sites from 2007 that the programme started. The Minister advised miners to form viable cooperatives, to enable them access […]
UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has started its annual National Essay Competition with a call for entries. Now in its Ninth year, the contest targets senior secondary school pupils, as part of UBA Foundation’s education initiative, aimed at promoting the reading culture and encouraging healthy and intellectual […]
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has expressed appreciation to the bank’s customers for their patronage over the years, assuring them of sustained excellent service delivery that would surpass their expectations. Flagging off the Customer Service Week at the Ado Badore branch of the bank in Lagos on Monday, the Managing Director, Patrick Akinwuntan, […]
Zenith Bank Plc has introduced Z-Money, aimed at bringing banking closer to its customers and enhancing financial inclusion among the under-banked and unbanked populace of the country. Z-Money is an agency banking product of the bank, which entails the onboarding of agents who are expected to render basic financial services on behalf of the bank. […]
The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Tuesday said the oil firm was set to commence the publication of details of its petroleum products’ supplies. Beyond publishing the corporation’s monthly financial and operations reports, he said plans were afoot to make public all petroleum products supply transactions across the […]
Equity investors lost a total of N421bn in six trading days as the market capitalisation dropped to N13.051tn on Tuesday from N13.472 on September 27. At the end of trading on Tuesday, the benchmark index declined by 0.2 per cent to 26,809.92 basis points following major losses posted by MTN Nigeria Communications Plc, Dangote Sugar […]
President of the Nigeria Labour Congress (NLC), Ayuba Wabba, has said the nation’s workers deserve to earn a decent minimum wage for their contributions to wealth creation. Wabba noted that there cannot be decent work without decent wages. He stressed that the national minimum wage is the floor for decent wages. The NLC president spoke […]
Acting Chairman of the Economic and Financial Crime Commission (EFCC), Mr Ibrahim Magu, has alleged that some state governors are afraid of organising flamboyant parties because of the commission’s eagle eyes. Magu spoke yesterday during his working visit to the commission’s zonal office in Makurdi, the Benue State capital. The acting chairman noted that some […]
As controversies continue to trail the recent revelation of the BBC Africa Eye Sex-for-grades investigation, Ransford Gyampo, a professor of political science at the University of Ghana, has vowed to sue the BBC over its sex-for-mark video documentary. Gyampo, who was implicated in a 13-minute video documentary released, described the documentary as an entrapment, insisting […]