Author: businessTimes
Transactions on the Nigerian Stock Exchange (NSE) opened for the month of March on a positive trend, after declining for three consecutive days. The News Agency of Nigeria (NAN) reports that the crucial market indices ...
The Nigerian Communications Commission (NCC), says there was 174,012,136 active subscribers on the telecommunication networks in January 2019, as against 172,871,094 recorded in December 2018. The telecommunications regulator disclosed this in its Monthly Subscriber and ...
The Central Bank of Nigeria (CBN), said the Manufacturing Purchasing Managers’ Index (PMI) stood at 57.1 index points as at February, indicating an expansion in the manufacturing sector for 23 consecutive months. The CBN said ...
Jumia, an e-commerce platform, says it has entered into partnership with Xiaomi, a Chinese electronic company, to give millions of users in Africa access to Xiaomi products. A statement made available to the News Agency ...
South African retailer Steinhoff reported on Thursday a three per cent rise in sales to 4.7 billion euros (5.4 billion dollars) for the three months ended Dec. 31. The firm, trying to clean up its ...
Economic experts on Thursday urged the Federal and State Governments to grant five-year tax holidays to Small and Medium-sized Enterprises (SMEs), to enable them to survive teething problems, the challenging period of infancy and guarantee ...
A report released by the Nigeria Extractive Industries Transparency Initiative (NEITI) in partnership with Trust Africa (TA), has revealed that Nigeria’s oil and gas sector contribute the most to the illicit financial flows recorded annually ...
The President, Dangote Group, Aliko Dangote, had his net worth jumped to $16.6bn on Tuesday as he gained $5.8bn within 24 hours. Bloomberg Billionaires Index, which lists world’s 500 richest people, had earlier shown Dangote’s wealth fell ...
Qatar Airways has suspended plans to add new destinations in Africa due to a blockade imposed on Doha by four Arab states, the National Carrier said on Wednesday. “Due to the unjust blockade against Qatar, ...
Dangote Cement Industries Plc on Wednesday said that it sold a total 23.54 metric tonnes (MT) of cement across Africa for the financial year ended Dec. 31, 2018. The company said in its financial performance ...
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