Category: Business
Despite poor power supply, Nigeria to sell electricity to Burkina Faso
Nigeria is set to begin selling electricity to Burkina Faso, a neighbouring West African country, despite poor electricity supply in the country. Lamu [...]
“Buhari has no respect for intn’l law,” ex UK secretary of state advices investors not to invest in Nigeria
Priti Patel, former secretary of state for International Development in the United Kingdom (UK), has called on investors to be wary about investing in [...]
Teleology finally takes over 9mobile, names new board
Teleology Holdings Limited has finally taken over 9mobile. This is coming 11 months after the company made it to the top five companies making a bid t [...]
MTN eyes the banking sector, set to acquire license in Nigeria
Rob Shuter, the chief executive officer at MTN Group, says the group will acquire an independent banking licence in Nigeria by 2019. Speaking at a tel [...]
Covenant University, two others top list of most employed graduates in Nigeria
Covenant University, Ota; University of Nigeria, Nsukka; and the University of Ibadan, Ibadan, produce the most employed graduates in Nigeria, a 2018 [...]
Two global banks, HSBC and UBS close Nigerian offices
Global banking giant HSBC and UBS, two Swiss private bank, have closed their representative offices in Nigeria. The Central Bank of Nigeria (CBN) anno [...]
Dangote refinery to save Nigeria from dirty fuels with Euro V specification
Dangote Oil Refinery Company (DORC) says the 650,000 barrels per day refinery has been designed to process a variety of light and medium grades of cru [...]
Nigeria drops on world bank’s ease of doing business ranking
Nigeria has dropped a spot on the latest world bank’s ease of doing business ranking. The bank released the report themed ‘Doing Business 2019: A Year [...]
Arunma Oteh set to exit World Bank for Oxford University
World Bank treasurer and vice president, Arunma Oteh will exit the bank by December 1 to join Oxford University. Arunma Oteh, who joined the Bretton W [...]
Diamond bank chairman alongside three directors resign
Oluseyi Bickerseth, chairman of the board of Diamond Bank, and three other directors of the bank has resigned. The bank announced the resignation in a [...]