Simply Nigerian Fair (SNF) holds a retail fair for local business owners

November 19, 2019

By Kenneth Afor   As part of the global entrepreneurship week, Simply Nigerian Fair (SNF),will hold its  retail fair, the 6th annual shopping event for local business owners to showcase their products and services for prospective buyers in order to promote home-grown businesses and brands in the country. The fair will hold on Sunday, November […]

SEPLAT announces retirement of Avuru; appoints Roger Brown as new CEO

November 19, 2019

SEPLAT announces retirement of Avuru; appoints Roger Brown as new CEO

By Omobayo Azeez Seplat Petroleum Development Company PLC (SEPLAT) has announced that her pioneer Managing Director and later CEO, Mr. Austin Avuru will be retiring in July 2020 after 10 years of leading the company. Meanwhile, the company also announced  in a corporate disclosure at the Nigerian Stock Exchange (NSE) that  when he takes the […]

US poultry shares soar as China ends ban on meat imports

November 14, 2019

U.S. poultry shares soar after China ends ban on imports of U.S. meat

China on Thursday lifted a nearly five-year ban on poultry meat imports from the United States, a move that senior U.S. officials said would pave the way for more than $1 billion in annual poultry exports to China.   Shares of American poultry producers soared on the announcement from China’s customs authority. Tyson Foods shares […]

Dana Air reviews routes expansion plans ahead yuletide

November 14, 2019

Dana Air reviews routes expansion plans ahead yuletide

…as airline marks 11th anniversary By Samson Echenim Nigerian carrier, Dana Air says it is reviewing routes expansion plans to offers its customers seamless and most convenient travel options. Obi Mbanuzuo, chief operating officer, Dana Air in an address to mark the airline’s 11th anniversary said even though it had not been rosy through the […]

Customers to get 60% off bookings from Jumia Travels on Black Friday

November 11, 2019

Customers to get 60% off bookings from Jumia Travels on Black Friday

Guests booking on Nigeria’s leading e-commerce platform, Jumia will have a whopping 60 percent discount on Black Friday. First time users will get an added 20 percent on first time booking, using a code. Jumia Travel says it has gone all out to negotiate the best deals with our partner hotels, to give customers  up to […]

Nigerian banks’ assets, liabilities rose above N39.5tn

November 11, 2019

Treasury bills experience three-year low drop rate

The commercial banks in Nigeria saw their total assets and liabilities rose from N37.14tn at the end of November 2018 to N39.58tn as of the end of August 2019. The Central Bank of Nigeria disclosed this in its economic report for the third quarter of 2019. It stated that the total assets and liabilities of […]

Rivers state wins 2019 Lafarge Africa national literacy competition

Businessam StaffNovember 7, 2019

Rivers state wins 2019 Lafarge Africa national literacy competition

After having the highest overall score, Rivers state was crowned winners of the 6th edition Lafarge Africa National literacy competition. The grand finale of nationwide literacy competition, which took place in Lagos, witnessed a spectacular performance from Emmanuelle Nuakuadeekari and Prosper Barikpoe, representatives of Rivers, as they trounced more than 16,000 other pupils on their […]

NDDC’s N1bn a month super agent fee exposes its financial rot

November 7, 2019

NDDC's N1bn a month super agent fee exposes its financial rot

Ben Eguzozie, in Port Harcourt Federal Government quango, the Niger Delta Development Commission (NDDC), is now locked in a financial crisis of confidence with a consulting firm over monthly payment of N1 billion to the firm known as “agent fee.”  The money is said to be three percent ‘agent fee’ paid every month by the […]