business

As inflation continues to bite, some of the biggest Nigerian companies listed on the Nigerian Stock Exchange are reaping unprecedented profits. According to a Nairametrics report, the COMART Group, which consists of bluechip Nigerian…

A British couple who set up a hand sanitiser making business just 12 weeks ago, a period when the coronavirus pandemic began to peak in the UK, are set to make £30 million (N14.6b) from their venture. Andrew Montague, 47, and his…

Guaranty Trust Bank plc has released its unaudited financial results for the period ended March 31, 2020, to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial…

The international oil benchmark, Brent crude, halted its losing streak on March 19, trading around $28 per barrel as the United States President, Donald Trump, said he might intervene in the price war between Saudi Arabia and Russia.…

Central Bank of Nigeria (CBN) Governor, Godwin Emefiele The Central Bank of Nigeria (CBN) has directed all banks to start collecting charges from Nigerians who make cash deposit of N500,000 and above by April 1, 2020. It was gathered…

Following the outbreak of Coronavirus in Lagos on February 28, Nigerian traders in China Town, Ojota, Lagos, have complained of a decline in sales. During a visit by SaharaReporters to the place on February 28, it was discovered that…

With an expected holding capacity of 40,000, Porkmoney’s Epe pig ranch is well on its way to become the biggest privately-owned pig farm in Africa. Porkmoney is a pioneer in the pig-farming segment of Nigeria’s agriculture sector. The…

Google Nigeria, in partnership with digital payments company Flutterwave, will from March 2019 kick off a series of business clinics aimed at helping 5000 merchants across Nigeria acquire the skills and tools needed to leverage…

Small and Medium Scale Enterprises (SMEs) are globally recognized as engines of socio-economic transformation. In Nigeria, they are at the heart of a push for economic prosperity. Together with micro-scale ventures, these businesses…

Nigerian businesses have kicked off the implementation of the 7.5% Value Added Tax (VAT) rate, following the introduction of the Finance Bill. Last month, President Muhammadu Buhari had signed the country's finance bill into law, with…

From February 4th to 16th, 2020, Lagos will play host to some of the most prestigious teams for Africa’s premier polo competition – the 2020 Lagos International Polo Tournament. Sponsored by leading African Financial Institution,…

Photo courtesy of Guardian NGR and powered by Zenith Bank

Photo courtesy of Guardian NGR and powered by Zenith Bank.

Photo courtesy of Guardian NGR and powered by Zenith Bank.

In its early days, The Palms Shopping Mall, Lekki, was the place to be whether for pleasure or business. Described as the first mall ever built in West Africa, it was the most diverse shopping mall brand in Nigeria offering unsurpassed…