BUA Cement to Establish Ultra-modern 3m/MT Cement Plant, 50mw Power Plant in Adamawa
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BUA Cement to Establish Ultra-modern 3m/MT Cement Plant, 50mw Power Plant in Adamawa

admin - July 3, 2020

BUA Cement, One of West Africa’s largest Cement companies has announced that it is set to establish a three million metric tonnes cement plant and 50 megawatts power plant in Guyukand Lamurde local governments of Adamawa state in…

Nigerian Fintech Startup, Wallets Africa, Secures Undisclosed Funding Round
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Business
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Nigerian Fintech Startup, Wallets Africa, Secures Undisclosed Funding Round

admin - July 3, 2020

Nigerian fintech startup Wallets Africa has secured an undisclosed amount of funding from a host of investors as it prepares to expand usage of its product to…

Nigerian Fintech Startup, Paystack, Launches Toolkit To Help Users Sell Online
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Business
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Nigerian Fintech Startup, Paystack, Launches Toolkit To Help Users Sell Online

admin - July 3, 2020

Nigerian fintech startup Paystack has launched Paystack Commerce, a toolkit that helps African creators to sell their products online. Launched in 2015, Paystack allows merchants to receive live, platform-agnostic…

How BuyCoins Is Opening Up Crypto To Less Tech-Savvy Nigerians
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Business
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How BuyCoins Is Opening Up Crypto To Less Tech-Savvy Nigerians

admin - July 3, 2020

Nigerian startup BuyCoins is opening up cryptocurrency to everyone with its new product Sendcash, which enables people to receive money into their bank account from any country…

Nigerian Startup Launches Escrow Payments Platform For Online Shopping
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Business
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Nigerian Startup Launches Escrow Payments Platform For Online Shopping

admin - July 3, 2020

Nigerian startup IderaOS has launched ListBuy, an e-commerce software platform with escrow payment technology to protect online buyers and sellers from fraud. Rolled out earlier this year, Listbuy guarantees…

Customs Debits Importers ₦1.1billion In Six Months
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Customs Debits Importers ₦1.1billion In Six Months

admin - July 3, 2020

The Comptroller General (CG), Strike Force, the Nigeria Customs Service (NCS), Zone ‘A’  has raised a Debit Note (DN) of over N1.104 billion against importers, who paid…

AMCON Takes Over Pan Ocean Assets Over ₦240 Billion Debt
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AMCON Takes Over Pan Ocean Assets Over ₦240 Billion Debt

admin - July 3, 2020

The Federal High Court, presided over by Justice A.M. Liman, in the suit between the Asset Management Corporation of Nigeria (AMCON) vs Everest Nominees Limited, and Dr.…

Business Owners Will Now Get CAC Certificate With TIN
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Business
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Business Owners Will Now Get CAC Certificate With TIN

admin - July 3, 2020

As part of the Ease Of Doing Business Initiative, the Corporate Affairs Commission (CAC) will now work with the Federal Inland Revenue Service (FIRS) to issue Tax…

N240bn Debt: AMCON Takes Over Assets Of Pan Ocean Group
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Business
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N240bn Debt: AMCON Takes Over Assets Of Pan Ocean Group

admin - July 3, 2020

A Federal High Court headed over by Hon. Justice A.M. Liman has ordered the Asset Management Corporation of Nigeria (AMCON) and its assignee to take over all…

Business
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Nigeria Records Trade Deficit Of N139bn In Q1 2020

admin - July 3, 2020

Total trade in Nigeria declined by 17.94 per cent to N8.304 billion in Q1 2020 compared to Q4 2019. The decline was driven by a drop in…