Business News Subscribe to Business News

Caverton Lands Five-Year Contract with NNPC Partner CNL

August 18, 2017/NSE Caverton Helicopters, a subsidiary of Caverton Offshore Support Group Plc. a fully indigenous company listed on the Nigerian Stock Exchange has been awarded a 5 year logistics… Read more »

Off-grid solar will transform business in Nigeria

August 18, 2017/Lumos Global The people behind one of the fastest growing off-grid solar companies in Africa have said that the mobile solar revolution will transform Nigeria’s small-business economy. Access… Read more »

Stanford GSB Launches Two Educational Opportunities to Empower Youth and Entrepreneurs in Southern Africa

August 18, 2017/Stanford GSB – Stanford Graduate School of Business ( (Stanford GSB) today announced a USD $3 million, three-year partnership with De Beers Group to empower young, budding entrepreneurs… Read more »

Africa’s Richest Man to Invest Up to $50 Billion in U.S., Europe

16/8/2017/Bloomberg By Francine Lacqua and Paul Wallace Aliko Dangote is tempted by renewable energy, petrochemicals Sees 60% of group’s investments being outside Africa in 2020 Africa’s richest man, Aliko Dangote,… Read more »

Investment Flows in Need of a Boost

Culled—Proshare August 16, 2017/FBNQuest Research In today’s chart we highlight the investment flows on the balance of payments. These are gross flows (ie those in the reporting economy before investment… Read more »

Seplat Petroleum Development Company – Earnings Recovery Looking More Secure

Culled—Proshare August 16, 2017/Vetiva Research ·         Q2 delivers $8.6 million operating profit as Forcados resumes ·         Production back to pre-Force Majeure 56,000 boed (working interest) ·         Warri crude evacuation capacity… Read more »

FirstBank Drives Youth Empowerment with Zuriel Oduwole, Girl Education Advocate and World’s Youngest Filmmaker

August 16, 2017/FirstBank First Bank of Nigeria Limited, the most valuable bank brand in Nigeria as part of its commitment towards youth empowerment has partnered with the Zuriel Oduwole DUSUSU… Read more »

Angola-Based Internet Exchange Point Now Top-Three in Africa

Country emerging as growing tech hub on the continent August 16, 2017/Angola Cables In just two years, Angonix ( – an Internet Exchange Point (IXP) based in Luanda – has… Read more »

Promasidor Wins MAN “Best Kept Industrial Premises Award”

August 16, 2017/Promasidor Promasidor Nigeria Limited, makers of Cowbell milk, Loya milk, Top tea and Onga food seasoning, has been bequeathed with the “Best Kept Industrial Premises Award” by the… Read more »

Opportunities abound for foreign investment in Africa’s hospitality sector-PwC

August 16, 2017/PwC The hospitality sector in Africa’s emerging markets looks set to profit from foreign investment and an influx of foreign travellers. The emerging markets are set to post… Read more »