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Didi Akinyelure

Nigeria's 'proptech' boom driven by rising mobile phone use

02 Apr 2019

LAGOS Nigerians searching for their dream home to buy or rent are turning to the internet in droves, leading to a surge in the number of property-focused technology firms. | Video

Nigeria's Access Bank gets $162.5 mln loan to support local business

12 Mar 2019

LAGOS, March 12 Nigeria's Access Bank said it has signed a $162.5 million subordinated syndicated loan which it will use to help support local businesses.

The men who would lead Nigeria: the presidency, power and petroleum

11 Feb 2019

ABUJA/LAGOS Nigeria had more than 70 candidates for president when campaigning began for Saturday's elections. | Video

Nigeria's Buhari says electoral commissioner is related by marriage

05 Jan 2019

LAGOS Nigeria's President Buhari on Friday acknowledged that an electoral commissioner is an extended family member by marriage, but denied claims by the main opposition party that she is a blood relative, ahead of the country's Feb. 16 presidential election.

UPDATE 1-Nigerian court adjourns MTN and central bank case amid settlement talks

04 Dec 2018

LAGOS, Dec 4 South African telecoms firm MTN Group and Nigeria's central bank are in talks to settle an $8.1 billion dispute, their lawyers said on Tuesday, as a court in Lagos adjourned the case between the parties until Dec. 12.

Britain's CDC to invest up to $4.5 billion in Africa over next four years

28 Nov 2018

LAGOS British development finance agency CDC Group plans to invest up to $4.5 billion across Africa over the next four years to boost ties with the continent, its chief executive told Reuters on Wednesday, as the country prepares to leave the European Union.

France's JCDecaux signals Nigerian ambition with traffic service

23 Nov 2018

LAGOS French outdoor advertising company JCDecaux plans to provide real-time traffic information in Lagos and install solar-powered bus shelters and automatic public toilets as it targets one of Africa's largest economies.

UPDATE 1-Nigerian court adjourns case between MTN, central bank to Dec 4

30 Oct 2018

LAGOS, Oct 30 A Lagos judge on Tuesday adjourned a hearing in a $10.1-billion dispute between South African telecoms firm MTN Group and Nigeria's central bank until Dec 4.

UPDATE 2-Nigeria's Diamond Bank directors quit, paving way for recapitalisation

24 Oct 2018

LAGOS, Oct 24 Four Diamond Bank directors quit with immediate effect, the bank said on Wednesday, paving the way for new investors to recapitalise the Nigerian mid-tier lender.

UPDATE 1-Court to hear MTN's case against Nigeria's central bank in $8.1 bln transfer row

19 Oct 2018

LAGOS, Oct 19 A hearing in the court case between MTN and Nigeria's central bank in a dispute over the alleged transfer of $8.1 billion of funds by the telecoms firm, has been set for Oct. 30, a lawyer for MTN said on Friday.

World News

Sri Lankan police hunt 140 people after Easter bombings

Sri Lankan police are trying to track down 140 people believed linked to Islamic State, which claimed responsibility for the Easter Sunday suicide bombings of churches and hotels that killed 253 people, President Maithripala Sirisena said on Friday.