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ShopRite Nigeria: The feast is over, 15 years after

After a decade and half of big business in Nigeria, South Africa’s grocery retailer ShopRite is set to quit Africa’s biggest market, Nigeria. This was...

Microsoft continues talk to buy TikTok’s US operations

US tech giant Microsoft has confirmed that it is continuing talks to purchase the US operations of Chinese-owned video-sharing app TikTok. Microsoft boss Satya Nadella...

Banks kick-start implementation of new CBN policy on debt recovery

Deposit Money Banks on August 1 commenced the implementation of the Central Bank of Nigeria’s Global Standing Instruction which allows them to recover outstanding...

Sanwo-Olu saves man ‘who wanted to jump into the lagoon’ over N500k debt

Babajide Sanwo-Olu, governor of Lagos, has settled a N500,000 loan for Adeyinka Abiodun, a resident who wanted to commit suicide by jumping into the...

Data war: MTN gains 1.7 million subscribers, as Glo outshines Airtel in June

Although competition in the Nigerian telecommunication space has always been stiff, latest data seen by Nairametrics indicated that the competition is getting stiffer. Telecommunications operators,...

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