Monday, October 15, 2018

Business

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The World Bank has approved an International Development Association Credit and an IDA Scale Up Facility Credit in the total amount of $486 million equivalent for rehabilitation and upgrading of electricity transmission substations and lines. The investments under the Nigeria...
There are indications that the coming on stream of the $16 billion Egina project will enhance the revenue profile of Nigeria and other stakeholders as plans have been concluded to export one million barrels in January, 2019. Investigations by Other...
Dangote Cement maintained its stronghold in the domestic cement market, that is in the Nigerian cement market, accounting for 65% of local consumption. Africa’s richest man, Aliko Dangote's cement business is spreading its tentacles across Africa. On Thursday, Dangote Cement inaugurates...
Honeywell (NYSE: HON) has selected ExecuJet Nigeria as an approved avionics dealer and installation and service facility for business aircraft owners in the Africa region. As the African business and general aviation market continues to expand, this arrangement enhances...
    Something brand new to try out! Amstel Lager has just introduced something new to their range – a beer made with real lemon juice and it’s called ‘Amstel Radler.’ As expected, the branding of the bottle brings something new, a...
MINI has unveiled the 1499 GT Limited Edition, a nod to an iconic model launched back in the 1970s. The original was named 1275 GT and the nameplate highlighted the bigger engine under the hood compared to what Minis...
Senior Special Assistant to the President on Foreign Affairs and Diaspora, Mrs Abike Dabiri-Erewa,  has pleaded with the Central Bank Of Nigeria and Attorney-General of the Federation (AGF) to give Nigerians abroad more time to obtain their Bank...
GradePoint is a smart web based software or application for schools (single or a group of schools) that helps upload and manage term scores and results. The power of the GradePoint application is in its ability to integrate with...
  World Bank Group says it has an investment portfolio of about 8.5 billion dollars scattered across states and regions in Nigeria to support inclusive economic development and youth empowerment.   According to Mrs Olufunke Olufon, the Senior Communications Officer, World Bank...
iStore announced that pre-orders of iPhone 8 are available from today for cash purchases. The prices start from R13 499 and customers will be able to buy instore from 20 October. The listed will come in Silver, Space Grey, and...
Remember the Ice 2? Well, I got a unit of the device some days back and my weekend was spent reviewing the device. In the video, I did mention that there is currently no device with the specification sported on...
Apple has officially released the free iOS 11 software update for the supported iPhone, iPad and iPod touch models. iOS 11 is by far the most important update to Apple’s mobile operating system in years. For those who would like to...
The Chief Executive Officer of the Nigerian Communications Commission, NCC, Umar Dantata, says Nigeria currently ranks third globally in cyber crimes behind the UK and the U.S. The NCC boss made this known when he spoke Tuesday August 22nd,...
Alhaji Abdulsamad Rabiu, billionaire Chairman of the BUA Group, is now putting finishing touches to his multi billion naira office complex. Located beside Churchgate Building in the less boisterous part of Victoria Island, the 12-storey edifice which promises...
One of Nigeria's biggest blog, AMEBONATION recently launched its new outfit at Ikeja City Mall (ICM) in Lagos state on Sunday, 13th of August, 2017. The outfit was displayed by different staffs of the brand to kick-start the officially launching...
Freetel, Japan’s largest selling smart phone brand in open market announced the launch in Nigeria in partnership with TD Mobile, biggest mobile devices distributor in Sub-Saharan Africa. Freetel, Japan’s largest selling smart phone brand in open market announced the launch...
Sunday Folayan, President NiRA Nigeria Internet Registration Association (NiRA) has explained why the country accounts for fewer domain name registrars accredited by the Internet Corporation for Assigned Names and Numbers (ICANN). ICANN inferred in its First Report on Africa Domain Name...
The International Monetary Fund (IMF) yesterday, said Nigeria would emerge from its economic recession this year, but warned that threats to recovery remained significant as the economy will not grow enough to reduce unemployment and poverty. The Fund projected however...
The Naira on Wednesday appreciated marginally against the dollar at the parallel market, after it gained 50k to exchange at N362.50, stronger than N363 posted on Tuesday, while the Pound Sterling and the Euro traded at N473 and N422...
Guinness Nigeria is shifting its focus from premium brands to the “lower end” volume market in order to boost sales and revive profits, the brewer said in its rights issue share offer prospectus. The Nigerian subsidiary of Diageo is looking...