Business News
301 Articles
E-commerce Platform Omnibiz, Raises $15 Million For Expansion in Nigeria
The round was led by Timon Capital with participation from Ventures Platform, Lofty Inc, Chapel Hill Denham, Chandaria and Musha Ventures. Omnibiz will use the ...
NBC Revokes Licences Of Silverbird, AIT, Raypower, Rhythm FM, Others
The National Broadcasting Commission (NBC) has revoked the broadcast licences of Silverbird TV, AIT,...
Aug 19, 2022
How Nigeria Spends N18.397b Daily on Subsidy – Finance Minister Reveals
The Minister of Finance, Mrs Zainab Ahmed, said Nigeria spends N18.69 billion daily on petroleum sub...
Aug 19, 2022
Real Reason Emirate Suspended Flight To Nigeria
Emirates had about two weeks ago said that it had about $85 million in Nigeria. When the suspension ...
Aug 19, 2022
Jumia Excites Consumers With Back-To-School Campaign
Leading e-commerce platform in Nigeria, Jumia, is running its ‘back-to-school’ campaign, which ...
Aug 19, 2022
FG to Use NTA’s Transmission Facilities for Digital Switchover
Digital Switchover is the process of changing the method of transmitting television from analog to d...
Aug 16, 2022
Despite CBN Ban, Bitcoin Trade Hits $1.16 Billion In Nigeria
The worth of bitcoin (BTC) traded by Nigerians from January 2021 to June 2022 peaked at N497.35bn ($...
Aug 13, 2022
NIPOST To Begin Implementation of Digital Postcode Before December
Nigerian Postal Service (NIPOST) has said the implementation of the digital postcode system will beg...
Aug 11, 2022
FG Projects N136bn Revenue From Electronic Money Transfers in 2023
The Budget Office of the Federation (BFO) has projected that in 2023, the Nigerian government will g...
Aug 11, 2022
Newly released strategy document highlights America’s plans to stay relevant in Africa, amid China’s rising influence
The United States of America said it intends to reset its foreign relations with African countries a...
Aug 10, 2022
Exxon Mobil Sells its Nigerian Unit to Seplat Energy for $1.28 billion
Seplat Energy Plc has received ministerial approval to acquire Exxon Mobil’s Nigerian oil assets f...
Aug 9, 2022
The 10 Least Corrupt Countries in Africa – Latest Corruption Index
Business Insider Africa presents a list of 10 least corrupt African countries. The list is courtesy ...
Aug 5, 2022