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After Facebook stock plunges b

Facebook faced a day of reckoning Thursday as its shares plunged in the biggest one-day drop in stock-market history.   The 19 percent drop vaporized $11

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Posted On: 27 Jul 2018

U.S. touts EU trade truce, att

The United States signaled on Thursday it is set to push ahead on trade talks with Canada and Mexico after agreeing to suspend hostilities over tariffs with Eur

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Posted On: 26 Jul 2018

Facebook disappoints on revenu

Facebook Inc fell short of analysts’ estimates for monthly active users on Wednesday and reported lower-than-expected quarterly revenue, months after the

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Posted On: 25 Jul 2018

NNPC AND THE SUBSIDY CLAIMS

The operations of the state-run corporation must be made transparent For the fifth time in seven months, the Federation Accounts Allocation Committee (FAAC) m

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Posted On: 25 Jul 2018

Ivanka Trump Is Shutting Down

Ivanka Trump’s clothing and footwear company will wind down, the company confirmed.   “After 17 months in Washington, I do not know when or i

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Posted On: 25 Jul 2018

Trump's $12 billion aid for fa

President Donald Trump 's $12 billion emergency aid plan designed to help farmers hit by retaliatory tariffs is seen as "unprecedented" and could have unintende

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Posted On: 25 Jul 2018

Oil prices rise for second day

Oil prices rose for a second day on Wednesday after industry group data showed U.S. crude inventories fell more than expected last week, easing worries about ov

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Posted On: 25 Jul 2018

Malaysia Airlines taps lenders

Malaysia Airlines Bhd is tapping banks to fund about nine Boeing 737 MAX planes in what will be the carrier's first jet financing with lenders since it was rest

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Posted On: 25 Jul 2018

Global stocks mostly rise on C

Global stock markets mostly rallied on Tuesday, helped by Chinese stimulus plans and a batch of generally strong US earnings from Google parent Alphabet and oth

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Posted On: 25 Jul 2018

NCC, CBN in Crucial Meeting Ah

Ahead of tomorrow’s deadline for Teleology to make the balance payment of $251 million to take over 9mobile, the Nigerian Communications Commission (NCC),

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Posted On: 24 Jul 2018

Lokoja, Oguta Ports 75% Comple

The Nigerian Inland Waterways Authority (NIWA) has disclosed that the ongoing dredging of inland waterways in Lokoja, Kogi State and Oguta, Imo State are 7

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Posted On: 23 Jul 2018

‘Flared gas in Nigeria enoug

Flared gas in Nigeria is enough to generate between two and three gigawatts (Gw) of electricity,  the Nigerian Gas Association (NGA) President, Dada Thomas

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Posted On: 23 Jul 2018

Between Nigeria Airways and Ni

Anytime Senator Hadi Sirika, minister of state for aviation, spoke about setting up a “national carrier”, I always switched off. Even though I like

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Posted On: 22 Jul 2018

5 Dumb Ways You're Wasting Mon

Even if you’re rich, wasting money is criminally stupid. Sit down for a minute and think of all the things you could do with the money you waste that woul

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Posted On: 21 Jul 2018

N90bn Cargo Airport project re

Bayelsa Government says it is putting finishing touches to its N90 billion Cargo International Airport project which has reached 95 per cent completion.  

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Posted On: 20 Jul 2018

Nigerians Bury Cash in Backyar

Every few days, Tasiu Abdurrahman takes the money he makes from selling spices in Nigeria’s biggest northern city and buries it in his yard.   The

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Posted On: 19 Jul 2018

Nigeria earns N37.465trn from

THERE are indications that the Federal Government’s oil revenue dropped by more than 297.6 per cent between the second quarter of 2010 and fourth quarter

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Posted On: 18 Jul 2018

FG, Ethiopian Airlines in talk

Ethiopian Airlines Enterprise, Africa’s biggest airline, has said it’s in discussions with the Nigerian government for a new national carrier. &nbs

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Posted On: 18 Jul 2018

GTB, Okomu oil top losers’

Guaranty Trust Bank on Wednesday led the laggards’ table, declining by N2.65 to close at N36.55 per share on the Nigerian Stock Exchange (NSE), the News A

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Posted On: 18 Jul 2018

Amazon.com's stock market valu

Amazon.com’s (AMZN.O) stock market value reached $900 billion on Wednesday for the first time, marking a major milestone in its 21-year trajectory as a pu

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Posted On: 18 Jul 2018

EU sets provisional import dut

The European Union will impose duties from Thursday on Chinese electric bicycles in a move to curb cheap imports that European producers say are flooding the ma

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Posted On: 18 Jul 2018

European Investment Bank canno

The European Investment Bank would put its global operations at risk by investing in Iran, its president said on Wednesday, the most public rejection yet of an

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Posted On: 18 Jul 2018

All Share Index Falls to New L

The Nigerian Stock Exchange (NSE) All-Share Index (ASI) Tuesday hits a new low falling below the 37,000 threshold to 36,963.70 as stocks maintained downward tre

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Posted On: 17 Jul 2018

EU President to visit Trump ne

President Donald Trump will host European Commission President Jean-Claude Juncker in Washington on July 25, the White House announced Tuesday.   Among t

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Posted On: 17 Jul 2018

Nigeria, Netherlands trade vol

Nigeria Ambassador to the Netherlands, Oji Ngofa has expressed satisfaction with the current volume of trade between the two countries, which stood at three bil

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Posted On: 15 Jul 2018

NNPC, DPR Heading for a Showdo

The Nigerian National Petroleum Corporation and the Department of Petroleum Resources might be heading for a showdown over the actual litres of refined petrol t

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Posted On: 15 Jul 2018