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Business

Stallion Group unveils multi-brand auto sales portal

Stallion Group Nigeria, has unveiled its end-to-end digital multi brand portal, www.stallionafricar.com.
oil prices

China suspends gasoline price adjustment

China's top economic planner said Thursday that it would keep domestic gasoline and diesel prices unchanged as the international crude…
Akinwumi Adesina President of AfDB: bank debars Maxicare Nigeria Limited

Adesina reacts to AfDB Vice President’s resignation

President of the African Development Bank (AfDB), Akinwumi Adesina has reacted to the resignation of Jennifer Blanke, as vice president…

Jennifer Blanke quits as AfDB Vice President

Dr Jennifer Blanke, the African Development Bank (AfDB), Vice President for Agriculture, Human and Social Development, has resigned her appointment.

ZoomInfo founders become billionaires

ZoomInfo's three-day stock surge has turned founders Henry Schuck and Kirk Brown into billionaires.
Market

Ghana plans to curb MTN’s market dominance

Ghana will implement a set of policies to reduce the dominance of MTN in the country’s telecommunications market, the government…
oil prices rise again> Above an oil rig

Oil prices rise as China’s imports hit all-time high

Oil prices climbed on Monday after OPEC+ agreed to extend a deal on record output cuts to the end of…
Agriculture in Nigeria

Agribusiness firm to create opportunity in rice to boost employment

The Chief Executive Officer, Santuscom Agro Hub, an Agribusiness firm, Mr Ofana Paul, has unveiled his plans to create employment…

World shares advance on surprise U.S. job recovery, oil steadies

Global share prices edged higher on Monday after a surprise recovery in U.S. employment provided cause for optimism that global…

China’s imports, exports in deep fall

China's exports and imports fell in May as the economic slowdown abroad started to take its toll, and after a…

OPEC, OPEC+ extend oil output cut till July (Details)

The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC allies, known as OPEC+ have agreed to extend the 10-million-barrel-per-day (mbd)…

AfDB injects $288.5m loan into Nigeria’s treasury

The Board of Directors of the African Development Bank has approved a $288.5 million loan to help Nigeria tackle the…
NERC approves increase in cost of pre-paid meters

Only 3.9m consumers metered by DISCOs, Kano, Kaduna, Yola worst performers

The Nigerian Electricity Regulatory Commission (NERC), says 62.3 per cent of electricity consumers in the country are still on estimated…

Beware of that fake diesel in town: NNPC warns

The Nigerian National Petroleum Corporation (NNPC), has raised an alarm over the prevalence of low grade and contaminated diesel in…
NNPCL gives reason fuel price went up

NNPC targets $10 production cost for crude

The NNPC said it is taking measures to bring down cost of crude oil production to 10 dollars per barrel…
Investors lose N1.14trn as NGX reacts to MPC decision

Dangote, BUA drag down Nigerian Stock Exchange by N155bn

Profit taking was persistent on the Nigerian Stock Exchange (NSE) on Friday with investors net worth dropping further by N155…

Abe-Igi’ to wear new look – National Theatre management

Management of the National Theatre, Iganmu, Lagos, said plans are in top gear to give Abe-Igi, the popular open bar,…

Why Elon Musk called for Amazon’s dissolution

Tesla CEO Elon Musk called for Jeff Bezos’s retail giant Amazon to be broken up, after the latter refused to…
Akinwumi Adesina President of AfDB: bank debars Maxicare Nigeria Limited

AfDB Board backs Adesina, authorises review of ethics committee report

The African Development Bank’s (AfDB) board on Thursday said it stood by an internal investigation by its ethics committee that…
NNPC

Petrol price to be determined by market forces: PPPRA

Henceforth the price of petrol in Nigeria, will be determined by market forces, the Petroleum Products Pricing Regulatory Agency (PPPRA)…

UPDC raises N16bn, prepares for unbundling, positions for growth

UACN Property Development Company Plc (UPDC) held a virtual closing gong ceremony to mark its successful N16bn Rights Issue at…

Oil prices fall on doubts over output cuts

Oil prices dropped on Thursday, reversing Wednesday gains , on concern over whether major crude producers will be able to…
Delta Airlines: announces date for resumption resume its direct flight services between Lagos and New York.

China eases ban on foreign flights after U.S targets its carriers

China said it will ease coronavirus restrictions to allow more foreign carriers to fly to the mainland, shortly after Washington…

How to report your errant Nigerian banks to CBN

If you have lost money in your accounts with Nigerian banks, you can seek redress through the Central Bank, by…

Zoom records sales boom amid pandemic

Video conferencing app Zoom doubled its sales forecast for the year and posted considerable gains in total revenue and customers,…

All-Share Index rises again

The Nigerian Stock Exchange (NSE) extended positive stance on Tuesday with the All-Share Index increasing further by 0.27 per cent…

No shaking, I am solidly behind you, Buhari tells Adesina

Nigeria's President, Muhammadu Buhari on Tuesday said the nation will stand solidly behind Dr Akinwumi Adesina in his bid to…

Standard Chartered appoints Husain head of corporate finance AME

Standard Chartered has appointed Abbas Husain as the Regional Head of Corporate Finance, Africa and the Middle East (AME). He…
9Mobile

9mobile appoints Alan Sinfield as new CEO

A seasoned telecom expert, Alan Sinfield has been appointed a new Chief Executive Officer of Nigeria’s fourth telecom operator, 9mobile.

Domestic flights resume 21 June: Hadi Sirika

Domestic flights, suspended since March, will resume in Nigeria 21 June, Minister of Aviation, Sen. Hadi Sirika said.
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