Business News

Back to homepage
Business News

iROKOtv signs deal with Netflix to launch a dedicated African Section

If you have used Netflix, then you will want more of it. To make it even more interesting, the firm is said to have penned a deal with iROKO to

Business News

Stocks record N906bn in biggest gain in 50 years

The Nigerian Stock Exchange (NSE) made history yesterday as equities recorded the first ever highest gain of N906 billion, representing 8.45 per cent, in a single trading day. The market which

Business News

MTN shares up on peaceful Nigerian poll

MTN’s share price was boosted on Wednesday as investors cheered the results of the largely peaceful election in Nigeria, its biggest market by revenue and customers. The stock rose 5.85%

Business News

IFC offers $20 million grant to AIICO Insurance

IFC, International Finance Corporation (IFC) , a member of the World Bank Group, has announced a  grant of N3.8 billion ( $20 million) convertible loan to AIICO Insurance Plc. The

Business News

Elumelu’s Heirs Holding To Promote The New Era Of Social Networks

Heirs Holdings, an investment firm owned by Nigerian businessman Tony Elumelu, has revealed its recent investment in Silicon Valley’s upcoming Wonderloop. The investment is aimed at promoting the development and

Business News

Tunde Wey | Traveling Nigerian Chef

Since our email filters were tightened up a few years ago, the number of entreaties I receive from Nigerians has dropped considerably. One that made its way through came from

Business News Investment

Is now really the best time to invest in Nigeria?

Is now really the best time to invest in Nigeria? Nigeria’s economy has gone from strength to strength in the past couple of years. But with terrorist attacks on the

Business News

Nigeria’s e-Commerce Market Potential Worth $10bn – Minister

Nigeria is surely moving to a cashless economy. According to minister of communications technology, Dr Omobola Johnson, Nigeria’s electronic commerce market has a potential worth of $10 billion, with about

Business News

Nigerian Billionaire Tony Elumelu Commits $100 Million To Create 10,000 African Entrepreneurs In 10 Years

Nigerian billionaire investor and philanthropist Tony Elumelu has committed $100 million to create 10,000 entrepreneurs across Africa over the next 10 years. Elumelu made the commitment on Monday during a