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NAHCO posts N7.2bn turnover in

The Nigerian Aviation Handling Company Plc has said it recorded N7.25bn turnover for the nine-month period that ended on September 30, 2018.   According

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Posted On: 06 Nov 2018

Tablet market continues to sli

The global tablet market has declined year-over-year for the 16th quarter in a row, indicating that consumers are buying fewer tablets.   According to re

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Posted On: 05 Nov 2018

US, Russia, Saudi Arabia cras

Oil prices fell on Friday as surging output by the world’s three largest producers, United States, Russia and Saudi Arabia, outweighed supply concerns fro

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Posted On: 02 Nov 2018

Banks Lose N12.06bn to Fraud i

The Central Bank of Nigeria (CBN) has revealed that commercial banks in the country lost a total of N12.06 billion to fraud and forgeries in the first six month

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Posted On: 02 Nov 2018

Payers to bear charges as new

There are indications that from today, (Thursday, November 1), the service charge on all payments into the Treasury Single Account of the Federal Government wil

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Posted On: 01 Nov 2018

Russia, UAE partner NNPC to de

The Russian Federation and the United Arab Emirates have expressed their readiness to expand their scope of partnership with the Nigerian National Petroleum Cor

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Posted On: 01 Nov 2018

Nigerian oil deal: Ex Afren bo

The United Kingdom’s Serious Fraud Office, on Monday, said two former top executives of a collapsed oil company, Afren Plc, were sentenced to up to six ye

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Posted On: 30 Oct 2018

Jumia Begins Black Friday Sale

Jumia Nigeria, an online shopping platform, will this Friday commence its sixth ‘Black Friday’ sales across Nigeria with 90 per cent discount on ove

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Posted On: 30 Oct 2018

2nd Statement by UNIDO At The

The 15th China International Small and Medium Enterprises Fair (CISMEF)   Guangzhou, Guangdong Province, China   Statement by UNIDO, 10 October 20

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Posted On: 29 Oct 2018

Statement by UNIDO At The Just

The 15th China International Small and Medium Enterprises Fair (CISMEF)   Guangzhou, Guangdong Province, China   Statement by UNIDO, 09 October 20

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Posted On: 29 Oct 2018

South Africa's MTN sees debut

South Africa’s MTN said on Monday its debut stock market listing in Nigeria may slip into early 2019 because it needs to work on the format for the share

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Posted On: 29 Oct 2018

UK fines Facebook £500,000 fo

Decision by information commissioner comes after Cambridge Analytica scandal   Facebook has been fined £500,000 by the Information Commissioner&rsq

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Posted On: 26 Oct 2018

Twitter surges on profit, reve

Twitter shares flew higher Thursday after the social network reported a record quarterly profit that helped investors look past a drop in the number of users du

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Posted On: 26 Oct 2018

Take over Capital Oil now, Rep

A sub-committee of the House of Representatives on Capital Market and Institutions on Thursday asked the Securities and Exchange Commission to take over Capital

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Posted On: 26 Oct 2018

Waltersmith’s 5,000bpd Modul

Hopes of energy self-sufficiency for the country received a boost last weekend as Waltersmith Refining and Petrochemical Company embarked on the construction of

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Posted On: 09 Oct 2018

Oil drops as U.S. considers gr

Brent crude oil prices fell more than 1 percent on Monday after Washington said it may grant waivers to sanctions against Iran’s oil exports next month, a

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Posted On: 08 Oct 2018

BEYOND THE AGRICULTURAL VALUE

The challenges of agriculture in Nigeria are not just about the problems of the macro and micro economy but also the misdirection of public policy. All too o

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Posted On: 08 Oct 2018

MTN Documents May Cut $8.1 Bil

MTN Group Ltd. and its bankers have provided more documents that may reduce Nigeria’s $8.1 billion claim on the South African wireless carrier, which coul

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Posted On: 08 Oct 2018

Saudi Arabia targets $600b So

Saudi Arabia’s Crown Prince Mohammed bin Salman said the kingdom’s main sovereign wealth fund (PIF) will surpass its target of increasing its financ

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Posted On: 06 Oct 2018

Ambode: Potential in MSMEs’

The Lagos State governor, Akinwunmi Ambode, yesterday, said ‪the wealth creation and employment generation potential in the Micro, Small and Medium Enterprise

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Posted On: 03 Oct 2018

NDIC Reiterates Commitment to

The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its commitment to deepen financial inclusion in the country.   The corporation’s Ma

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Posted On: 03 Oct 2018

Denmark plans to ban sales of

Denmark will ban the sale of new cars with internal combustion engines by 2030, the government announced on Tuesday.   "Diesel and petrol cars in Denmark

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Posted On: 03 Oct 2018

Nigerian oil unions aim to res

Nigerian oil unions will try to resolve a labor dispute with the U.S. firm Chevron within two weeks, a union official said on Friday, after the unions threatene

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Posted On: 29 Sep 2018

Nigeria's Multiple Exchange Ra

Investors and the International Monetary Fund have long called on Nigeria to merge its multiple exchange rates. It’s starting to look like that’s ha

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Posted On: 27 Sep 2018

Nigeria Sees `Happy' Resolutio

After coming out all guns blazing, Nigeria’s central bank surrendered some ground in its tussle with MTN Group Ltd., pledging that a dispute over the repa

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Posted On: 26 Sep 2018

Our exit from recession under

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday warned that weak economic fundamentals currently being shown by the Nigerian economy are

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Posted On: 26 Sep 2018