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BREAKING: Awosika breaks Silence after Sack as First Bank Chair
BREAKING: Awosika breaks Silence after S...

BREAKING: Awosika breaks Silence after Sack as First Bank Chair

Sacked former chairman of First Bank Nigeria Limited, Mrs. Ibukun Awosika, has insisted the decision to sack reinstated Managing Director of the bank, Adesola Adeduntan, was taken in the best interest of the institution. She said maintained consistency in her contributions to development of the... read more »

Ghana Traders Union Oppose Call to Reopen Nigerians’ Shops
Ghana Traders Union Oppose Call to Reope...

Ghana Traders Union Oppose Call to Reopen Nigerians’ Shops

Following calls by some Nigerian traders for their shops to be reopened after months of lockdown, the Ashanti regional branch of the Ghana Union of Traders Association, GUTA, has urged President Akufo-Addo to disregard such clamour. Recall that there has been friction between Ghanaian traders and... read more »

Amazon Chooses South African for its African Headquarters
Amazon Chooses South African for its Afr...

Amazon Chooses South African for its African Headquarters

Amazon is set to open its African headquarters in South Africa with real estate investment in the region of R4 billion. Reports in Cape Town said Amazon would be situated at a new development in River Club, a key section of the city. The 15-hectare parcel of land will cost about R4 billion and... read more »

Dangote: We Lose Multi-Million Dollars to Meet Nigeria’s Cement Demand
Dangote: We Lose Multi-Million Dollars t...

Dangote: We Lose Multi-Million Dollars to Meet Nigeria’s Cement Demand

The management of Dangote Cement Plc has said that cost of cement is cheaper in Nigeria compared to Ghana and Zambia and that it is encountering losses in dollar revenue to meet the demand in Nigeria. The group in a statement issued on Tuesday in Lokoja by Devakumar Edwin, the company’s Group... read more »

Why Our Cement Costs Less in Zambia Than Nigeria – Dangote Cement Plc
Why Our Cement Costs Less in Zambia Than...

Why Our Cement Costs Less in Zambia Than Nigeria – Dangote Cement Plc

Following the uproar generated by the recent reports that Dangote Cement Plc sells cement at a higher price than it sells to other countries, Zambia notably, its management has clarified that a bag of cement from its factories and plants across Nigeria (as of 12th April 2021) is N2,450 in Obajana... read more »

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Okonjo-Iweala will drive Global Trade - World Bank

Okonjo-Iweala will drive Global Trade – World Bank

The international financial architecture is ‘skewed in favor of rich and creditor countries’, the World Bank said yesterday. President of the bank, David Malpass exposed the partial... read more »

Why Zambia Govt Ordered Dangote to Reduce Cement Cost

Why Zambia Govt Ordered Dangote to Reduce Cement Cost

The Zambia Board of Commissioners of the Competition and Consumer Protection Commission has said it ordered Dangote Cement Zambia Limited alongside the Lafarge Zambia Plc and Mpande... read more »

Customs intercepts Contraband goods Worth N786m in Kano, Jigawa

Customs Intercepts Contraband Goods Worth N786m in Kano, Jigawa

Officials of the Nigeria Customs Service, Zone ‘B,’ have intercepted contraband goods worth Duty Paid Value (DPV) of over N786 million in Kano/Jigawa axis. While displaying the... read more »

MTN snubs Banks, links 77 Million Subscribers to Fintech Platforms

MTN snubs Banks, links 77 Million Subscribers to Fintech Platforms

MTN customers in Nigeria now have alternative electronic payment platforms to recharge their phones as the mobile network operator on Saturday announced that customers can recharge airtime... read more »

Midnight Fire razes Popular Ibadan Auto Parts Market

Midnight Fire razes Popular Ibadan Auto Parts Market

Popular Araromi auto spare parts market in Agodi-Gate, Ibadan has been razed by a midnight fire. The areas most affected are the tyre and car engine sections of the market. The fire, which is still... read more »