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Category: Business

Business

Ecobank grows revenue by 7% to N630bn in 2020

Elotex February 2, 2021 9 Comments

Ecobank Group has recorded a revenue of over N630 billion for the year ended December 31, 2020. This represents a 7 percent growth when compared…

View More Ecobank grows revenue by 7% to N630bn in 2020
Business

GIGL launches new plan to help e-commerce merchants boost revenue

Elotex February 2, 2021 11 Comments

As part of its sustained innovation strides, Africa’s leading logistics company, GIGL, has launched a new service bouquet tagged Class Plan which e-commerce merchants, both…

View More GIGL launches new plan to help e-commerce merchants boost revenue
Business

Cement: FG Cautions Against Panic Buying

Elotex January 26, 2021 10 Comments

The federal government has cautioned Nigerians against panic buying and stockpiling of cement as it allayed fears that the commodity would be scarce. The Permanent…

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Business

Nigerian govt reveals approved NIN enrollment centers in Nigeria ( full list)

Elotex December 19, 2020 15 Comments

The Federal Government of Nigeria has approved 173 centres and 30 State government institutions for the National Identity Number, NIN, enrollment across Nigeria. It made…

View More Nigerian govt reveals approved NIN enrollment centers in Nigeria ( full list)
Business

Petrol tanker catches fire near ogun governor’s office

Elotex November 1, 2020 26 Comments

Daud Olatunji, Abeokuta A truck loaded with about 50,000 litres of petroleum was gutted by fire in front of Ogun State Governor’s Office, Oke-Mosan, Abeokuta.…

View More Petrol tanker catches fire near ogun governor’s office
Business

FIRS Clarifies Directive On Self Certification Forms For Bank Account Holders.

Victor Moses September 21, 2020 22 Comments

The Federal Inland Revenue Service has clarified the directive on self certification by bank account holders. The Federal Government Twitter account had erroneously tweeted that…

View More FIRS Clarifies Directive On Self Certification Forms For Bank Account Holders.
Business

Bill Gates Sr Is Dead. Microsoft Co-Founder, Bill Gates’ Father Dies

Victor moses September 20, 2020 21 Comments

Bill Gates Sr., a lawyer and the father of Microsoft’s co-founder, who stepped in when appeals for charity began to overwhelm his billionaire son and…

View More Bill Gates Sr Is Dead. Microsoft Co-Founder, Bill Gates’ Father Dies
Business

MDAs Failed To Remit N1.2 Trillion – Fiscal Commission Says

Victor Moses September 16, 2020 19 Comments

The non-remittance of revenue by most ministries, departments and agencies of government to the Consolidated Revenue Funds of the Federal Government is currently N1.2tn, the…

View More MDAs Failed To Remit N1.2 Trillion – Fiscal Commission Says
Business

World’s Most Expensive Sheep Auctions At £367,500

Victor Moses September 11, 2020 22 Comments

A sheep has been bought for £367,500 (₦188,584,142.44) at an auction, the price makes it the most expensive sheep to have ever been sold. Pedigree…

View More World’s Most Expensive Sheep Auctions At £367,500
Business

Glo Introduces New Mega Data Plans

Victor Moses September 8, 2020 22 Comments

Globacom has introduced a new data package to address needs of individuals who desire heavy and affordable data plans. The company in a statement on…

View More Glo Introduces New Mega Data Plans
Business

Carlcare Service: The Official Phone Repair Provider For Infinix, TECNO, Itel

Victor Moses August 16, 2020 22 Comments

When it comes to mobile repair, Carlcare Service is among the frontrunners in the industry. This becomes evident from the fact that the company is…

View More Carlcare Service: The Official Phone Repair Provider For Infinix, TECNO, Itel
Business

BUA Posts Unaudited H1 2020 Financial Results, Revenue Rises To ₦101.3 Billion

Victor Moses August 8, 2020 16 Comments

One of Africa’s largest cement producers, BUA Cement, has announced an impressive 2020 half-year results declaring revenues of N101.3billion and a Profit After Tax of…

View More BUA Posts Unaudited H1 2020 Financial Results, Revenue Rises To ₦101.3 Billion
Business

ShopRite Denies Leaving Nigeria

Victor Moses August 7, 2020 16 Comments

ShopRite Nigeria has debunked the story making the rounds that it intends to close shop in Nigeria. The Country Director for Chastex Consult, Ini Archibong,…

View More ShopRite Denies Leaving Nigeria
Business

Pictures Of Aba Automated Shoe Factory, Best In Nigeria – Technical Partner

Victor moses August 3, 2020 21 Comments

The Technical Partner of the Aba Automated Shoe Factory, Mr Osaro Ekonweren, has described the Aba Automated Shoe Factory as currently having the most updated…

View More Pictures Of Aba Automated Shoe Factory, Best In Nigeria – Technical Partner
Business

Nigeria’s Top 10 Highest-earning Ceos Received N3.5bn In 2019

Victor Moses July 31, 2020 23 Comments

Chief Executive Officers (CEOs) of top 10 leading private sector organisations in Nigeria received a total of N3.478 billion ($8.918 million, at the I &…

View More Nigeria’s Top 10 Highest-earning Ceos Received N3.5bn In 2019
Business

Bread Price Increase Looms As Wheat Cost Rises 33%

Victor Moses July 31, 2020 14 Comments

The price of Nigerian grown wheat has risen by 33 per cent due to the low production volumes of the product. The rise in the…

View More Bread Price Increase Looms As Wheat Cost Rises 33%
Business

Who Succeeds Segun Agbaje Of GT Bank? –

Victor Moses July 31, 2020 15 Comments

Wednesday, July 22 2020 Segun Agbaje, the Managing Director of Guaranteed Bank of Nigeria, reportedly walked in confidence into the board meeting, with the idea…

View More Who Succeeds Segun Agbaje Of GT Bank? –
Business

Naira Plunges To N472/$ As Forex Scarcity Worsens

Victor Moses July 31, 2020 20 Comments

The naira on Tuesday traded at N472 to a dollar at the parallel market as foreign exchange scarcity persisted. The exchange rate was N440/$ in…

View More Naira Plunges To N472/$ As Forex Scarcity Worsens
Business

After NYSC What With #500,000 In My Account?

Victor moses July 26, 2020 25 Comments

Am really going to be straight here. I was able to save #200,000 through a side hustle (riding okada) early last year (jan-may) while awaiting…

View More After NYSC What With #500,000 In My Account?
Business

Ruling On Bonus Offered By MTN, Glo, Airtel, 9mobile E.t.c

Victor Moses July 24, 2020 22 Comments

The relationship between the customer and the phone company is a relationship between a seller and a buyer, and the product being sold is the…

View More Ruling On Bonus Offered By MTN, Glo, Airtel, 9mobile E.t.c

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