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Apr 26,
2019
American multinational technology giant, Microsoft, on Thursday reached a valuation of one trillion dollars for the first time. The company becomes the third company to hit the threshold after Apple…
Apr 24,
2019
A fire outbreak at Aiteos Eastern Exploration and Production Company Limited, has driven down the volume of crude oil export by Nigeria. The fire outbreak forced Aiteo to declare a…
Apr 24,
2019
The international oil benchmark, Brent Crude, on Monday, increased by $2.28 to $74.25 per barrel to attain its highest level since late October 2018. This is coming after the United…
Apapa, Tincan lead as Nigeria Customs generates N311.2bn revenue in Q1 of 2019
Itohoimo Udosen
Apr 23,
2019
Nigeria Customs Service (NCS) has announced that it generated N311.2 billion revenue in the first quarter of 2019. This was contained in a document released in Abuja by the office…
Apr 22,
2019
A fire outbreak at Aiteos Eastern Exploration and Production Company Limited, has driven down the volume of crude oil export by Nigeria. The fire outbreak forced Aiteo to declare a…
Apr 22,
2019
A group of indigenes in the oil-rich Omadino land, Warri South Local Government Area in Delta State, have issued a 14-day quit notice to Chevron Nigeria Limited, Nest Oil, NPDC,…
Former President Jimmy Carter told a church congregation this weekend that he had spoken with President Donald Trump about China on Saturday, and said the commander in chief was worried…
Nigeria’s inflation rate has dropped to 11.25 percent year on year for March 2019, the National Bureau of Statistics, NBS, said on Tuesday. According to the report released by…
Apr 17,
2019
What does a business do next after racking up cumulative losses of $935m? Go public, of course. Jumia is billed as Africa’s first “tech unicorn”, a venture-capital funded company valued…
Apr 15,
2019
Mocoh Ghana Limited has acquired 100 per cent shares of Engen Ghana Limited to inject in the Ghanaian Oil Marketing Company industry dynamism to help customers find the right solutions…
The Central Bank of Nigeria (CBN) has disclosed that the Nigerian economy recorded about $5 billion foreign investment inflows post-general elections in February/March 2019. The governor of the apex bank,…
Apr 15,
2019
Nigeria’s daily petrol consumption has jumped 56 million litres in 2019 from 54 million in 2018, the Petroleum Product Pricing Regulatory Agency, PPPRA, has said. The agency disclosed this in…
Apr 14,
2019
Jumia Technologies raised US$196-million (R2.7-billion) in an initial public offering in New York, as the Africa-focused online retailer and marketplace looks to boost its profile and expand an ever-growing customer…
Apr 13,
2019
At the edge of Nairobi's Ngong Forest, thousands of used cars glitter in the hot sun on a dusty field, waiting for buyers. Imported from Japan or the Middle East,…
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