Sundry Markets Limited, the operator of the well-known Marketsquare supermarket chain in Nigeria, has once again earned a spot on the prestigious list of Africa’s fastest-growing companies, as ranked by …
Business and Economy
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U.S. Pledges Bigger Trade, Investment Push in Nigeria
LAGOS, Nigeria – The United States Ambassador to Nigeria, Richard Mills, has announced a renewed American commitment to boosting trade, investment, and private sector collaboration with Nigeria, describing the country …
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Vitel Wireless Makes History as Nigeria’s First MVNO to Connect With All Major Telecom Networks
ABUJA, Nigeria — Nigeria’s telecommunications industry has entered a new era with Vitel Wireless, the country’s first Mobile Virtual Network Operator (MVNO), completing full interconnectivity with all four major Mobile …
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Botswana Pauses Diamond Production as Global Market Slumps
GABORONE, Botswana – The Debswana Diamond Company, a joint venture between the Government of Botswana and global diamond giant De Beers, has announced a temporary suspension of production at some …
- Business and EconomyEconomyFinance & ServicesGOVERNMENTNigeria
SMEDAN Secures N11 Billion, Creates 100,000 Jobs in Two Years – DG Charles Odii
The Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr. Charles Odii, has revealed that the agency has facilitated over N11 billion in financial support for …
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Manufacturers Push for Binding ‘Nigeria First’ Law, Call for Urgent Policy Action to Revive Sector
Key players in Nigeria’s manufacturing industry have renewed calls for decisive government action to unlock the country’s production potential, stressing that economic revival is impossible without strong policy frameworks, legal …
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Nigerian Stock Market Soars with N1.16tn Gain as Investors Position Ahead of Eid-el-Kabir
The Nigerian equities market closed on a high note on Thursday as investors celebrated a massive ₦1.16 trillion gain in market capitalisation, the largest single-day profit recorded in recent weeks. …
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ARCON Probes 9mobile over Alleged N1bn Advertising Debt
The Advertising Regulatory Council of Nigeria (ARCON) has launched a preliminary investigation into a reported ₦1 billion advertising debt allegedly owed by telecom operator 9mobile, following two formal petitions received …
The Coca-Cola Company has introduced a new 60cl PET bottle size for its popular soft drinks in Nigeria, giving consumers more drink for the same price. The new bottle offers …
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Nigeria Custom Extends Deadline for Private Jet Owners Owing Import Duties
The Nigeria Customs Service (NCS) has once again extended a deadline for private jet owners who are yet to pay import duties on their aircraft. The decision, announced on Thursday …