Business

Communication Commission records 113.8m internet users for January

Internet users in Nigeria increased marginally to more than 113.8 million in January 2018, the Nigerian Communications Commission (NCC) said. The NCC made this known on Friday in its Monthly…

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FIRS bows, directs banks to unfreeze tax defaulters’ accounts

The directive, which takes immediate effect, was contained in a letter from the Chairman, FIRS, to bank Managing Directors. FIRS made the announcement in a statement posted on its official…

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Coca Cola’s global value increases to $204.8bn after acquiring chi limited

The Coca Cola company’s market value rose by about one percent, following the full acquisition of Nigerian beverage marker, Chi Limited, on Wednesday. This rise in share price pushed Coca…

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Polaris Bank For Sale After 2019 Elections

The Asset Management Corporation of Nigeria (AMCON) says Polaris Bank will be put up for sale after the 2019 elections. According to Reuters, this was disclosed by Jude Nwauzor, the…

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Angry Nigerian airline threatens to pull UK’s business

A Nigerian airline says it could pull its business out of the UK after one of its pilots was arrested by immigration officials on suspicion of being a stowaway and…

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Magrellos Expands Footprint, Rebrands Surulere branch

Magrellos Restaurant, one of Nigeria’s fastest rising Quick Service Restaurant (QSR) brands has expanded its footprints with the opening of an upscale branch at Moloney Street, Lagos Island, Lagos and…

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Brand Communicator Wins Magazine of the Year Award

For the second year running, Nigeria’s most consistent and most prominent premium frontline all gloss brand and marketing communication journal, Brand Communicator Magazine was awarded the prestigious PR Magazine of…

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Airlines in Nigeria count losses as dust disrupts flights

Flight operations in Nigeria have been disrupted in the past two weeks by harmattan haze with accompanied dusts which blurred visibility, Daily Trust can report. The situation has led to…

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9mobile to change name again as new tech coy takes over

Telecoms firm, Teleology Nigeria Limited, on Monday announced the constitution of a new Board of Directors for Nigerian telecommunication company, 9mobile. A statement by the company said the decision followed…

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More than $3 billion spent on traditional media ads for 2018 midterms

Online rivals eyeing TV ad dollars may want to take note — when it comes to political campaign spending, local broadcast is still where the big money is. Campaigns and…

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