President Muhammadu Buhari’s personal assistant on new media, Bashir Ahmad, has denied reports that the Minister of Finance, Zainab Ahmed, has resigned from office. The presidential aide dismissed the reports in a tweet on Monday. Some social media users had claimed that Ahmad resigned after “throwing the country’s economy” into …
Read More »The Huge Untapped Potential of E-commerce on the African Continent
Between 2014 to 2018, the number of online shoppers on the African continent was said to have increased annually, at an average growth rate of 18%, higher than the global average of 12%. From the preceding, there appears to be a growing consensus among stakeholders and market observers that e-commerce …
Read More »Ardova Plc commends Stanbic IBTC’s support for LPG storage project
AP LPG terminal, a fully owned subsidiary of Ardova PLC, on Wednesday, 19 January 2022, performed the groundbreaking ceremony for the construction of a 20,000 metric tonne Liquified Petroleum Gas (LPG) storage terminal at the project site in Ijora, Lagos. The ceremony signified the official commencement of construction activities which …
Read More »Dangote’s Petrochemicals, Fertiliser Plant will accelerate Africa’s economic growth, says AfDB
President of the African Development Bank (AfDB), Akinwumi Adesina has described Dangote Refinery and Fertiliser projects as the best industrialised project to happen to Africa. He said these projects, which are far beyond the expectation of his team and himself, would positively affect the economic growth and development of …
Read More »Jumia and the project of increasing e-commerce connection with Consumers in Rural Nigeria
Despite the challenges at its inception, many would agree that much progress has been made in the Nigerian e-commerce industry. The current reality is that there’s been major developments to what has been achieved over the past ten years. Current data suggests that more and more people are now onboarding …
Read More »NdaniTV Releases 5th Season of Real Talk Show! [PHOTOS/VIDEO]
NdaniTV has released new photos and a teaser video from the 5th season of its Talk show, Real Talk. The production company has also unveiled the multi-talented, Bisola Aiyeola, as the host for this season and if the teaser video is anything to go by, we are in for an …
Read More »FIRSTBANK REWARDS CUSTOMERS IN TRANSACT AND WIN PROMO
Getting rewarded for spending money is a dream that is probably going to remain exciting for many people, but not for the Firstmonie Wallet users. In a two month Transact and Win campaign that started on November 22, 2021, First Bank of Nigeria Limited is rewarding several customers for carrying …
Read More »Dangote Refinery to Reduce Africa’s Petroleum Importation by 36%, says APPO
African Petroleum Producers Organisation (APPO) has said that the establishment of Dangote Oil Refinery will bring about a 36 per cent reduction in the importation of petroleum productions into the continent. Besides, the organisation expressed a belief that the success of Dangote Refinery project could incentivise the rise of similar projects …
Read More »FG to establish 18 modular refineries in oil-producing states
Minister of State for Environment, Sharon Ikeazor The Federal Government on Wednesday said it was working to establish three modular refineries in each of the oil producing states, particularly in the Niger Delta region. Going by the plan, the government would have to establish about 18 refineries in the …
Read More »EFCC grills AMCON MD, Ahmed Kuru, over corruption allegations
The Economic and Financial Crimes Commission (EFCC) on Wednesday grilled the managing director of Assets Management Company of Nigeria, (AMCON), Mr. Ahmed Kuru. Kuru was quizzed in connection to alleged diversion of assets. A top official at the anti-graft agency confirmed the development on Wednesday. Kuru has been accused of …
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