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Facebook to unveil new cryptoc

Facebook is set Tuesday to unveil a bid to bring cryptocurrency payments into the mainstream, reportedly with the endorsement of governments and financial giant

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Posted On: 17 Jun 2019

AfDB hopes Nigeria will sign

The African Development Bank (AfDB) has expressed optimism that Nigeria, the largest country on the continent will soon ratify the Continental Free Trade Area (

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Posted On: 16 Jun 2019

CBN indicates end to official

The Central Bank of Nigeria (CBN) may soon allow the naira to freely find its value, with a possible depreciation on the official rate, usually pegged at about

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Posted On: 13 Jun 2019

Ships to Eastern ports to enjo

Nigerian Ports Authority (NPA) on Monday announced a 10% discount on harbour dues for vessels calling at three eastern ports, namely Calabar, Rivers and Delta p

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Posted On: 13 Jun 2019

Investors in Nigerian Stock ma

Investors in the nation’s stock market lost N533bn in the last seven trading sessions as bearish sentiment persisted in the market.   The market ca

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Posted On: 13 Jun 2019

Ministry claims to have attra

The Federal Ministry of Industry, Trade and Investment (FMITI) says it attracted 139.36 billion dollars investment commitment from 2017 to September 2018 throug

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Posted On: 12 Jun 2019

Union Bank shareholders endor

Shareholders of Union Bank of Nigeria (UBN) on Tuesday endorsed the proposed reduction of N54.4 billion from the bank’s share premium account aimed at res

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Posted On: 12 Jun 2019

NSE: Investors lose N98bn

The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday continued in a losing streak, dropping by N98 billion.   The News Agency of Nigeria (N

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Posted On: 12 Jun 2019

NNPC records N174.62bn petrol

The Nigerian National Petroleum Corporation (NNPC) on Sunday said it recorded N174.62 billion sale of white petroleum products in March.   The corpo

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Posted On: 09 Jun 2019

FG revokes licences of six oil

The Department of Petroleum Resources (DPR) announced the revocation of six Oil Mining Licences (OML).   In a public notice, the regulatory body, the rev

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Posted On: 07 Jun 2019

Samsung Electronics says to cu

Samsung Electronics Co Ltd said on Wednesday it has decided to cut the volume of mobile phone production at its plant in the Chinese city of Huizhou due to the

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Posted On: 05 Jun 2019

Emefiele begins second tenure

Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), on Monday began his second tenure, following the confirmation of his re-appointment by the Se

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Posted On: 04 Jun 2019

How to start poultry business

Poultry rearing whether as a hobby or as a business gives great pleasure, satisfaction and returns when done correctly.   These tips from https://farmrig

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Posted On: 03 Jun 2019

Oando rejects directors’ res

Oando Plc has demanded from the Securities and Exchange Commission the report of the forensic audit carried out by Deloitte & Touche for it to have a better

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Posted On: 02 Jun 2019

Nigeria record N34 trillion wo

A total of 557,083,712 electronic-payment transactions valued at N34.02 trillion were recorded in selected banks across the country in the first quarter of this

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Posted On: 01 Jun 2019

Envoy claims UAE/Nigeria Relat

The United Arab Emirates (UAE) Ambassador to Nigeria, Dr. Fahad Al Taffaq, has said that the inauguration of President Muhammadu Buhari for his second term in o

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Posted On: 01 Jun 2019

Gridlock to be tackled in Lago

Lagos State Governor, Babajide Sanwo-Olu on Thursday visited Apapa where he outlined measures to tackle the perennial gridlock in the area.   He said tha

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Posted On: 31 May 2019

Expo 2020 Dubai to attract 11

Dubai could attract 11 million foreign visitors to the Expo 2020 world fair, organizers said in an interview, giving a significant boost to the emirate’s

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Posted On: 27 May 2019

10 ships discharging Ethanol,

Ten ships conveying Fertiliser and other commodities have berthed at the Apapa and Tin-Can Island ports in Lagos, the Nigerian Ports Authority (NPA) said on Mon

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Posted On: 27 May 2019

Nigeria imports 4.87bn litres

The National Bureau of Statistics (NBS) on Friday announced that 4.87 billion litres of Premium Motor Spirit (PMS), popularly known as petrol were imported into

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Posted On: 25 May 2019

Access Bank set to publish nam

The management of Access Bank has threatened to publish the list of all its delinquent debtors.   In a statement released on Thursday, the bank said it i

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Posted On: 24 May 2019

Oil rises toward $69, but set

Oil rose toward $69 a barrel on Friday after two sessions of losses, but remained on track for its biggest weekly drop this year due to rising inventories and c

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Posted On: 24 May 2019

Xiaomi dismisses head of Afric

Smartphone maker Xiaomi Corp confirmed on Friday that it had dismissed the head of its Africa division for violating a Chinese law pertaining to indecent public

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Posted On: 24 May 2019

NNPC fixes June 1 for aptitude

The Nigerian National Petroleum Corporation (NNPC) says all shortlisted candidates for its recruitment will sit for computer based test (CBT) on Saturday, June

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Posted On: 23 May 2019

Access Bank and Etiebet to set

The legal battle between Access Bank Plc and Obodex Nigeria Limited might soon be over. This is because possibilities abound that the tier-1 bank will

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Posted On: 23 May 2019

Trade war: U.S. lawmakers want

A bipartisan group of U.S. lawmakers introduced legislation on Wednesday to provide about $700 million in grants to help U.S. telecommunications providers with

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Posted On: 23 May 2019

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