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Lagos, South Africa and New York
Tuesday, June 2, 2020

Africa’s e-commerce retail sale may hit $75b by 2025 – Report

Online shopping in Nigeria and other African countries could account for up to $75 billion in retail sales by 2025, a report by the McKinsey Global Institute has projected. The report, which was got by The Nation, said e-commerce and Financial Technology (FinTech) represent two...

Women’s Day: FirstBank advocates for gender inclusion with equity policies to drive diversified national economic development

Across the globe; societies, establishments, groups, and people were making an unwavering #PressforProgress as they championed international women’s day and took phenomenal actions geared towards being gender inclusive and this also included celebrating the diverse achievements of women over the years and across all...

NBS wins 2016 Best Public Institution Award

The National Bureau of Statistics (NBS) has been awarded the Best Public Institution Award, 2016 in Nigeria by the Lagos Chamber of Commerce and Industry (LCCI). The NBS stated this in a statement issued by the Statistician- General of the Federation, Dr Yemi Kale on...

Guinness invests N6.5bn on PET plants in Nigeria

Guinness Nigeria Plc, said it has invested N6.5 billion on its PET bottle line for its non- alcoholic beverage brands; Dubic, Malta Guinness and Orijin-zero which will be available in 33centilitre bottle and other support activities. The Managing Director, Guinness Nigeria, Peter Ndegwa disclosed this...

NISM launches Lagos Chapter at Nigerian Stock Exchange

The Lagos chapter of Nigeria In Square Mile (NISM) has been launched at the Nigerian Stock Exchange to boost the financial services industry and promote investment avenues for Nigeria. The organization formed in 2008, is an unincorporated association of Nigerian professionals who are based in...

NCDMB seeks Dangote Refinery partnership on local content act

Nigerian Content Development and Monitoring Board (NCDMB) has lauded the Dangote Refinery project over its compliance to the local content act, while expressing the board’s intention to further partner with Dangote Refinery for effective implementation of the act in the country’s oil and...

Reelforge Partners Nigeria PR Measurement Agency, P+ Measurement Services.

  Lagos, Nigeria – In a bid to foster partnerships and address the ever-increasing demand for a comprehensive media monitoring and measurement service to brands in the African market, P+ Measurement services has entered into a strategic partnership with Reelforge Media monitoring, one of Africa’s...

Dangote Group’s revenue to hit $30bn by 2020

The President of Dangote Group, Aliko Dangote, on Thursday said the cumulated revenue of the group would hit $30billion by 2020. He disclosed this while speaking as one of the panelists in the first Presidential Investment Chat at the ongoing Africa Investment Forum holding in...

Dangote Group disburses N850m compensation for sugar refinery project

Dangote Group has commenced the disbursement of more than N850 million, as compensation to land owners affected by its sugar refinery project in Tunga, Awe Local Government Area of Nasarawa State. The News Agency of Nigeria (NAN) reports that 60,000 hectares was acquired by the...

Polaris bank will get new investors after election – AMCON

The Asset Management Corporation of Nigeria on Tuesday said it will seek new investors to take over Nigeria’s money deposit bank, Polaris. Jude Nwauzor, the spokesperson of AMCON, told Reuters that the move would be perfected after the general elections in February. Mr Nwauzor said the...