In 2004, Jeff Bezos and his technical adviser Colin Bryar drove together to the city of Tacoma, an hour south of Seattle in Washington State. At that time Amazon was a multi-billion dollar company. However they were headed to Amazon’s…
The Nigerian National Petroleum Corporation (NNPC) has said that it plans to acquire a 20% minority equity stake in Africa’s biggest oil refining facility, Dangote Refinery, Lagos. This is to help further ensure an undisrupted supply of petroleum products across…
Story By trekafrica.net | Heritage Bank Plc, Nigeria most innovative banking service provider has joined forces with Silverbird Group to empower and deepen its supports to young entrepreneurs in the Nigeria creative and entertainment industry. This, the bank said, is…
Foundation for Environmental Rights Advocacy and Development, FENRAD, a pro-poor and pro-democracy rights group has condemned the recent call for upward review of the price of premium motor spirit otherwise known as fuel in the Nigerian parlance. This development is…
Nigeria’s Gross Domestic Product grew by 0.51 per cent (year-on-year) in Q1, 2021. This marks the second consecutive quarterly growth for the nation, following the negative growth rates recorded in the second and third quarters of 2020. Q1’s growth rate…
… Awards three participants 1,750 dollars Determined to close the knowledge gap in financial market, a brokerage firm that offers Forex, TigerWit Africa, has trained over 840 Nigerians in a two-week workshop in Port-Harcourt, the Rivers State capital. The two…
Hadi Sirika, the minister of aviation, says the new national carrier will commence operation in the first quarter of 2022. Sirika disclosed this while addressing state house correspondents after the weekly federal executive council meeting in Abuja on Wednesday. In…
VP calls on EU, UK, Denmark, Swedfund, CDC, European Investment Bank, Investment Fund for Developing Countries, others to reconsider ban on fossil investments *Adds: Sub-Sahara Africa will require an annual investment of $40b to implement robust energy transition plans While…
The United Bank for Africa Plc emerged as the biggest bank by customer deposits as total customer deposits in nine Nigerian banks increased to N30.81tn at the end of the first quarter of 2021 from N29.73tn in December 2020, their unaudited financial statements show.…
The shareholders of Fidelity Bank Plc have unanimously endorsed the payment of a cash dividend of 22 kobo per share to all Shareholders whose names appear in the Register of Members at the close of business on April 16, 2021.…
