Naspers Ltd. is rewriting the ‘BRIC’ acronym to include Nigeria and Turkey among the world’s best emerging markets as China and Russia lose some luster with Africa’s most valuable
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Nigeria’s Oando sells 60 pct of downstream business to Vitol
June 30, 2015 Comment Off 108 ViewsNigeria's Oando has agreed to sell a 60 percent stake in its downstream business to Vitol and Helios Investment Partners for $276 million, the energy company said on Tuesday. Oando, which is
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Kaduna to Boost Business Relationship With Ethiopia
March 9, 2015 Comment Off 79 ViewsThe Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA) has indicated willingness to establish and boost business relationship between Kaduna state and Ethiopian business
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How Chinese fake textiles put thousands on Nigeria’s streets
March 9, 2015 Comment Off 198 ViewsTHE chief of the border post let out another long sigh. "On attend (wait)." The wait had already lasted hours. Not for the first time I was at the mercy of a temperamental fax machine. I was
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Business Confidence Index in Nigeria drops by 7.7% in Q1
March 7, 2015 Comment Off 69 ViewsLCCI said in a statement on Friday in Lagos that its research showed that the drop represented 7.7 per cent slack of confidence level among business operators The Lagos
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MTN Profit Gains as Data Revenue Offsets Nigerian Weakness
March 4, 2015 Comment Off 111 ViewsMTN Group Ltd., Africa’s largest wireless carrier, said full-year profit gained 8.9 percent as data revenue growth and a recovery in South Africa helped offset lower-than-expected sales in
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One of the world’s largest oil producing countries is running out of gasoline
March 3, 2015 Comment Off 31 ViewsMotorists queue to buy petrol at a fuel station in Ahaoda in Nigeria's oil state in the Delta region.One of the world's largest oil producers is running out of gasoline. Nigeria's main
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Nigeria’s improvement on Ease of Doing Business Index
October 6, 2014 Comment Off 33 ViewsThe latest World Bank report on Ease of Doing Business, which indicated Nigeria’s appreciable progress with regard to the ease and speed with which small and medium-scale enterprises (SMEs) can
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Marriott to Build 50 Hotels in Nigeria, S’Africa, Egypt
October 3, 2014 Comment Off 45 ViewsMarriott International Incorporated plans to build about 50 hotels in Nigeria, South Africa and Egypt each before 2020, to benefit from a surge of travelers, the company’s president for the Middle
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Nigeria Entrepreneurs Award 2014
September 28, 2014 Comment Off 37 ViewsNominations for the 2014 Edition of The Nigeria Entrepreneurs Award have revved up with over 2,000 individuals and Corporate Organization jostling for the prestigious awards scheduled to hold
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