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Mr Denys Gauer, Ambassador of France to Nigeria, said that the French Development Agency dedicated 370 million euros for soft loans to support the development Read more
An international carrier, Lufthansa Airline, on Thursday said it had no plan to reduce its flight operations in Nigeria. The airline’s Media Consultant, Mr. Hakeem Read more
A Far East consortium have agreed a conditional £130 million takeover of Hull City, according to a document filed to the Hong Kong stock exchange. Read more
Global demand to double by 2035 Growing population of the country notwithstanding, Nigeria missed out among top 10 African countries with fastest growing market for Read more
The Federal Inland Revenue Service (FIRS), ramped up its tax enforcement drive when its teams shut down premises of companies with tax liabilities in Warri, Read more
Electric carmaker Tesla says all cars it now builds will have hardware needed to drive completely on their own. But despite the cameras, sensors and Read more
The Super Mario maker is planning to put a three-minute video about the “console with a completely new concept” on its website at 11:00 pm Read more
A Chinese internet colossus referred to as a combination of Netflix, Apple, Amazon and Tesla announced Wednesday it is taking on US tech titans on Read more
Uber Nigeria has announced that it is now making low-interest, used-vehicle loans available to its top-rated driver-partners. The pioneering move is the result of partnerships entered Read more
The successfull transition of Nigeria’s broadcast from analogue to digital broadcasting will fetch the country over $1billion (about N450billion) yearly, Minister of Information and Culture, Read more
• Infrastructural deficit limits bilateral ties The United States Government has stated that Nigeria and other African countries accounted for $4.1 billion worth of non-oil Read more
Oyetunji Abioye FACTS emerged on Tuesday that banks in the country decided to stop their naira debit cards from working abroad after the Central Bank Read more
It is indeed an honor for me to welcome you to this edition of AFRICAST 2016. The Federal Government is particularly delighted that this is Read more
Nigerian Senate Monday pledged to support the Central Bank of Nigeria (CBN) in its efforts geared towards taking the country out of the current economic Read more
Netflix has shaken off growth worries with new subscriber numbers that beat estimates and sent its shares soaring. The video streaming company added 3.2 million Read more
Called on the discouragement of sub-standard goods in the market… Senate President, Dr. Abubakar Bukola Saraki, and Senator representing Abia South, Sen. Enyinnaya Abaribe, have Read more
Mr Aliko Dangote, Chairman, Dangote Group, says 98 per cent of all dairy products consumed in the country are imported. Dangote made this assertion in Read more
CHINA imported record volumes of crude oil in September, eclipsing the United States as the world’s top buyer. China’s September crude oil imports rose 18 Read more
Oando Marketing Limited, Nigeria’s leading oil and marketing retailer, has announced a change of the company’s brand name to OVH Energy Marketing Limited to reflect Read more
Nigeria Deposit Insurance Corporation (NDIC) has consistently remitted over 80 per cent of its operating surplus to the Consolidated Revenue Fund (CRF) at every year Read more
German airline Air Berlin said in a security note on its website that the carriage of Samsung Galaxy Note 7 is prohibited on all flights Read more
PepsiCo Inc (PEP.N) has set a target for reducing the amount of sugar in its soft drinks around the world as part of a suite Read more
Managing Director, Guinness Nigeria Plc, Mr. Peter Ndegwa, has expressed his company’s commitment to increase the local sourcing of the raw materials used in its Read more
Goods worth millions of naira were burnt on Sunday morning as the popular City Ways Shopping Complex located within Tejuosho Market, Yaba, Lagos State, went Read more
* Passes one mln rides in Lagos after 2 years of activity * Says attracts insurers, mechanics, washers * Provides credit rating to drivers By Read more
By Matthew Mpoke Bigg ACCRA Oct 14 (Reuters) – Illegal miners operating at AngloGold Ashanti’s Obuasi mine in Ghana have ignored a government deadline to Read more
LAGOS Oct 11 (Reuters) – Nigeria’s telecommunications regulator NCC said on Tuesday it has approved a request by internet provider Visafone to transfer its shares Read more
The Chief Executive Officer, Spectranet Nigeria, Mr. David Venn, speaks to OZIOMA UBABUKOH on the infiltration of 4G networks and the country’s telecoms market, among Read more
The volume of bilateral trade between Nigeria and Germany has decreased from 5.4 billion Euros in 2014 to 2.9 billion Euros in 2015, Frank-Walter Steinmeier, Read more
Samsung on Tuesday suspended all production of its Galaxy Note 7 smartphone, halted sales worldwide and told customers to stop using the device, following reports Read more
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