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Business

Notore begins turn around maintenance of plant

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Africa’s leading chemical and agro-allied company, Notore Chemical Industries Plc, has announced the commencement of the Turn Around Maintenance (“TAM”) of its plant. It also...
Business

NBS: Nigeria’s food inflation hits 19.56 percent

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Nigeria’s inflation rate rose to 15.75 percent in December 2020, a 0.86 percent increase from 14.89 percent in November, the National Bureau of Statistics (NBS)...
Business

PHED: Why blackout persists in Rivers communities

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File Photo The Port Harcourt Electricity Distribution Company said five power towers were damaged by suspected vandals at the Elelenwo transmission substation in Obio/Apkor Local...
Tech

IBM: Most companies not prepared for digital transformation

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For all the hype around the push for cloud computing and data-driven strategies, many large and mid-sized companies are still struggling to make the transition...
African News

South Africa tightens restrictions amid surge in coronavirus cases

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South Africa has announced tighter restrictions once again to combat the increase in coronavirus infections driven by a faster-spreading new variant. Among other restrictions announced...
Business Finance

Nigerian government borrows over N2 trillion from bond investors in 2020

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Leveraging on excess liquidity that persisted in the banking system and the near zero yields on treasury bills (TBs), the Federal Government, through the Debt...
African News Relationship

Fearing violence, shops shut, people hunker down before Central African vote

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Panic gripped the streets of Central African Republic’s capital Bangui on Wednesday with businesses closing and people holing up in their homes as the country...
African News Discovery UK

Coronavirus: Five countries block flights from South Africa

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Five countries on Monday announced that they have banned flights from South Africa following the discovery of a new variant of the coronavirus. South African...
Business Finance

SunTrust Bank boosts SMEs with N23.96 billion loan

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In its commitment to make the growth of the small and medium scale enterprises (SMEs) its primary focus, SunTrust Bank gave out N23.96 billion as...
Business News

Oil price surges following inventory decline

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Crude oil prices rose after the Energy Information Administration (EIA) reported a crude oil inventory decline of 3.1 million barrels for the week to December...