Good morning, here are the latest top business news headlines for today Thursday, March 2021.
Northern Food Traders Resume Distribution To The South
The food distribution blockade imposed by northern traders has been partially lifted as the supply of perishable food items to southern states is set to resume, ending almost a week-long trade face-off between both regions which began on February 25.
It was gathered that traders agreed to a…Read more
Report Shows Continued Improvement Of Business Conditions Amid Stronger Client Demand – Stanbic IBTC
February data signaled another modest expansion in the Nigerian private sector, underpinned by solid growth in new orders and output. Companies continued to expand their purchasing activities and resumed hiring efforts during the month. Signs of spare capacity were again evident, with a fresh record reduction in backlogs registered.
Meanwhile, unfavourable exchange rate movements, higher material…Read more
Glo Overtakes Airtel, Emerges Nigeria’s Second Largest Telco
Globacom has emerged as the second biggest Global System for Mobile, GSM, Communications company in Nigeria by number of subscribers with 27.32 per cent market share.
Industry statistics from the Nigerian Communications Commission showed that…Read more
Nigeria, Morocco Partner On Development Of Agric, Gas Value Chain
The Federal Government of Nigeria and the Kingdom of Morocco on Tuesday signed five strategic Memorandum of Understandings (MoUs) to enable Nigeria begin the importation of phosphate used in the production of fertilisers from the North African country.
The deal was witnessed by the Minister of State for Petroleum Resources…Read more
Nigeria, Others Get AfDB’s Grant For Financial Services Project
Nigeria and 14 other African countries are beneficiaries of $320,535 grant by the African Development Bank to increase the participation of women in digital financial services.
A statement by AfDB on Tuesday stated that the fund would be…Read more
Explore The Benefits Of Using Quickteller Business Platform
Over the past couple of years, Interswitch’s Webpay has been providing seamless payment solutions for large corporates across Africa. However, owing to its commitment to create and sustain a payment ecosystem that helps commerce evolve, businesses grow and individuals thrive, the platform was recently upgraded to cater for all business types: small businesses, large corporates and individuals.
The platform was also renamed Quickteller Business and…Read more
Nigerians Need More Fish, As Current Supply Doesn’t ‘Meat’ Demand
The effects of the pandemic continue to be felt across various sectors, and fish production in Nigeria is its latest victim, as supply fails to meet the demands of consumers.
Stating this was Director of Fishery and Aquaculture Department of the…Read more
Insecurity Is An Economic Problem – Adesina
The President of the African Development Bank (AfDB), Akinwumi Adesina, said that the major impediment to economic growth in Africa is insecurity.
He expressed his thoughts in a thread of tweets that drew…Read more
Nigerians Lost N18 Billion To Ponzi Schemes – SEC
The Securities and Exchange Commission (SEC) on Tuesday stated that over three million Nigerians have lost about N18 billion to Ponzi schemes and several other illegal investment schemes.
The Director General of the SEC, Mr. Lamido Yuguda, disclosed…Read more
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