Cosmos Trade Nigeria Limited has announced plans to strengthen Nigeria’s tourism industry by combining food and beverage innovation with hands-on training. Through its new initiative, Gelato and Coffee University, the …
Radarr Africa Business Desk
Radarr Africa Business Desk
The Radarr Africa Business Desk reports daily on companies, markets, banking, energy, technology and policy across Nigeria and Africa. Stories are reviewed and edited by The Radarr Africa Editorial Team in Lagos. Story tips and corrections: business@radarr.africa.
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Nigerian Airlines Face Tough Challenges, But All Hope is Not Lost
The aviation sector in Nigeria is passing through difficult times. Airlines in the country are doing their best to survive, but the challenges are many and tough. Some of the …
- BusinessEconomyFinance & ServicesMarketsNews
NGX Group Moves to Attract More Private Capital, Approves Record Dividend
The Nigerian Exchange Group (NGX Group) is taking steps to attract more private capital and reduce the trend of companies delisting from the stock market. This was made known by …
- BusinessBusiness InsightsEconomyManufacturingTechnology
Dangote Group Calls for Heavy Tech Investment to Boost Nigeria’s Industry
The Dangote Group has called on the Nigerian government and private sector players to invest massively in technology to help Nigeria’s industrial sector grow and gain global respect. This call …
- AgribusinessAgricultureBusiness InsightsEconomyFinance & ServicesGOVERNMENTLeadership
New BOA Boss, Ayo Sotinrin, Vows to Restructure Bank, Improve Lending and Support for Farmers
The new Managing Director of the Bank of Agriculture (BOA), Ayo Sotinrin, has promised to restructure the bank and reposition it to better serve farmers and boost food production in …
- BusinessEconomyEnergy
Archlight Denies Transferring IBEDC Shares to 86 Gardens, Insists It Followed Due Process
Archlight Nigeria Limited has denied the claims that it transferred over 50 percent of its equity shares in the Ibadan Electricity Distribution Company (IBEDC) to 86 Gardens Limited. The company …
- BusinessEconomyFinance & ServicesGOVERNMENT
Afreximbank Invests Over $50bn in Nigeria in 10 Years, Opens Trade Centre in Abuja
Afreximbank has pumped over $50 billion into Nigeria’s economy in the last ten years. The bank said the money was spread across major sectors like energy, manufacturing, healthcare, transport, infrastructure, …
- BusinessDevelopmentEnergyFinance & Services
NLNG, BoI unveil micro-credit scheme to boost local economy
The Nigeria LNG Limited (NLNG) has taken a bold step to empower small businesses and drive grassroots economic development with the launch of an expanded Micro, Small, and Medium Enterprises …
The Nigeria Deposit Insurance Corporation (NDIC) has announced that it will begin the payment of the first tranche of liquidation dividends to depositors of the now-defunct Heritage Bank. The move …
The Non-Academic Staff Union of Educational and Associated Institutions (NASU) has warned the Federal Government against the selective release of the N50 billion Earned Allowance and delays in implementing agreements …