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nigerian business news

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    Business DealDey Shuts Down operations- Techpoint Africa

    Following one month of inactivity on its website and social media pages, it is confirmed that Nigerian daily deals platform DealDey has shut down operations. According to a source close to the matter, the company shut down around the second week in December 2018, about the time when users last...
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    Business Nigeria Finding the Balance Between Trading and Producing

    The evolution of the online trading industry has been significant in recent years. Indeed, with $5.3 trillion traded on the forex markets each day, it’s hardly surprising that commercial ventures have become increasingly popular over the last decade. Today, traders of all skill levels have...
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    Business Smartphone prices drop over 50% in Nigeria – BusinessDay

    Data from an annual mobile report by Jumia, one of Nigeria’s biggest e-commerce sellers, show that prices of smartphones sold on its marketplace platform dropped by more than 50 percent to around $100 in the last three years. Read more via BusinessDay – https://ift.tt/2JjcVJa Get more...
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    Business Nigeria’s Economy is Getting Bigger, Stronger – Banerjee – Leadership Nigeria Newspapers

    Mr. Prasun Banerjee, managing director, Binatone Nigeria, in this interview with OLAJIDE FABAMISE, speaks on how the company has survived the recent economic recession, battles with counterfeiters and other issues targeted at the heart of the Nigerian consumers. Read more via Leadership...
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    Business Bitcoin Crashes Below $6,200 – Punch Newspapers

    Bitcoin plunged 20 percent to a three-month low on Tuesday, its latest sharp loss following a series of setbacks for the cryptocurrency that, with a collapse across global mainstream markets adding to the selling. The virtual currency fell to $6,190 for the first time since mid-November...
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    Business Amazon’s new ‘$10 and Under with free shipping’ section takes on budget shopping app Wish –...

    Amazon has added a new $10 and Under section to its app and website, featuring, as one could infer, items that are priced $10 or cheaper. All items have free shipping, regardless of whether a user has Prime membership. The feature, first spotted by TechCrunch, looks to compete with budget …...
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    Business Why Nigeria should trade more with Africa –

    By Onome Amawhe A Nigeria-Africa trade tie has long been a cherished, but elusive goal. With a growing need for the establishment of closer economic tie between Nigeria and the continent’s numerous countries, based on a heightened need for regional integration, and a clearer understanding of...
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    Business AfDB restates commitment to Nigeria; unveils priorities for 2018 – Premium Times Nigeria

    The African Development Bank, AfDB, on Tuesday restated its commitment to Nigeria’s development and partnership, just as it identified specific programmes it plans to focus its attention on in 2018. The Bank’s Country Director, Faal Ebrima, stated this in Abuja during a media briefing to...
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    Business 3 simple starting points for ending Nigeria’s economic malaise –

    Photographer: George Osodi/Bloomberg Nigeria is a country blessed with abundant natural resources, splendid flora and fauna, and an enviable concentration of human capital. Nigeria currently wears the crown of the largest oil producer in Africa and the 11th largest oil producer in the … Via...
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    Business Nigeria’s investment portfolio in AfDB hits $6bn –

    …largest shareholder in regional bank Nigeria has become the largest shareholder in the African Development Bank (AfDP) with a portfolio of approximately $6 billion. Nigeria’s Country Director of AfDB, Mr. Ebrima Faai, disclosed this in a statement issued yesterday in Abuja. “Nigeria is the...
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    Business USADF, All On opens 2018 offgrid $100,000 energy challenge –

    The U.S. African Development Foundation (USADF) and All On have officially opened the application period for the 2018 Nigeria Off-Grid Energy Challenge, which will provide $100,000 per enterprise for successful applications, following the announcement last month of a $3 million public-private...
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    Business These 10 Nigerian agro industries are the key to success – Nigeria News today & Breaking...

    How is the power and strength of a country estimated? By its wealth, and the strength of its industries. (yes, military strength is also a yardstick, but an economically weak country will havwe a weak military too.) Different industries have their … via Nigeria News today & Breaking news ▷...
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    Business What has kept me going – Okoya, Eleganza chairman.

    What has kept me going – Okoya, Eleganza chairman — 12th January 2018 By Evelyn Onyibe One of Nigeria’s foremost entrepreneurs, Chief Rasaq Akanni Okoya, the Aare of Lagos and Chairman of Eleganza Industrial City Limited … via The Sun News – http://ift.tt/2FvLN7N Get more: Nigeria Business News
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    Business Nigeria moves to block N100bn revenue leakages by contractors –

    Nigeria moves to block N100bn revenue leakages by contractors January 9th, 2018 Editor News 0 comments The Federal Government on Tuesday moved to block all revenue leakages by Ministries, Departments and Agencies (MDAs) following … via BusinessDay : News you can trust – http://ift.tt/2AMIeqg...
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    Business Kemi Adeosun: After One Year Of Planning, It's Time To Touch Lives Of Nigerians

    Nigeria's Finance Minister, Kemi Adeosun has stated that the time is now, and the government is set to touch the lives of the Nigerian populace, after spending one year in planning. Adeosun, who was at the Spring Meetings of the World Bank/International Monetary Fund, Washington D.C, Adeosun...
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    Business AMCON Takes Over Another Airline

    Barely five days after The Assets Management Corporation of Nigeria, AMCON took over Arik Air as a result of its financial troubles, it has again taken possession of a private helicopter services company, Odengene Air-Shuttle Services Limited (OAS). The head office of the company in Maryland...
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    Business Airtel Announces Season 3 of Touching Lives CSR Intervention

    Leading telecommunications service provider, Airtel Nigeria, has announced the Season 3 of its revolutionary CSR intervention tagged “Touching Lives”, with its commitment to making sustainable impact on the lives of disadvantaged people and communities across Nigeria. At the unveiling of...
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