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Business

Mele Kyari warns on lean days ahead as buyers snub Nigeria’s oil, LNG

The Group Managing Director of the NNPC, Mallam Mele Kyari, painted a gloomy picture of the Nigerian economy in the…
Petrol

Open market price of petrol crashes to N114.53 per litre: PPPRA

The Petroleum Products Pricing Regulatory Agency (PPPRA) said the Open Market price of Premium Motor Spirit( PMS) also known as…

Bad news for Nigeria: UAE joins oil price war by jacking output

It's looking gloomier and gloomier for Nigeria in the oil sector as the United Arab Emirates, OPEC’s third biggest producer…
Nigerian Senate

Senate: Buhari’s Finance Act amendment bill, 10 others scale second reading

The Finance Act amendment bill transmitted to the National Assembly on Tuesday by President Muhammadu Buhari for consideration and passage…
AfDB

AfDB signs first private sector loan in Sudan

The African Development Bank has signed an agreement with DAL Group, one of Sudan’s largest conglomerates, for the provision of…

Stanbic IBTC Bank Commited To Grow Nigeria’s Fintech Industry

Stanbic IBTC Bank PLC, a subsidiary of the Stanbic IBTC Holdings PLC, has reiterated its commitment to support the growth…

Dethroned Kano Emir, Sanusi gets plum job from El-Rufai 

The Kaduna State Government on Tuesday announced the appointment of the dethroned Emir of Kano, Muhammadu Sanusi II into the…

Senate receives Buhari’s request to amend Finance Act

The Senate on Tuesday received an executive bill from President Muhammadu Buhari to amend the Finance Act 2019 recently passed…

Nigeria’s daily losses from falling oil prices huge

With oil erasing over a third of its value this week after a messy breakup of the OPEC+ alliance, Nigeria…

IWD: Ecobank celebrates women, reiterates equal opportunities

Managing Director, Ecobank Nigeria, Mr. Patrick Akinwuntan has reiterated the bank’s commitment to gender parity among staff.

Coronavirus pummels US stocks, worst day on Wall Street

US stocks suffered their biggest one-day loss since the 2008 financial crisis on Monday as recession worries loomed large in…
Google

Google to train 20,000 women across Africa

Mrs Mojolaoluwa Aderemi-Makinde, Head, Brand and Reputation, Google Sub Sahara Africa, said the company would train 20,000 women across Africa…

I have no regret I didn’t go to University – Abutex MD, Iloanya

Abuchi Vincent Iloanya sits atop a multi million naira company, Abutex Food Equipment company, a company reputed to be Nigeria's…

Tesco divests in Thailand, Malaysia

Britain's biggest retailer Tesco said Monday that it has agreed to sell its businesses in Thailand and Malaysia to Thai…
SEEPCO says insecurity and environmental challenges have caused significant decline in its oil production volumes in Anambra State,

Updated: Oil prices fall to $31 in wake of Saudi price war

Oil fell by the most since 1991 on Monday after Saudi Arabia started a price war with Russia by slashing…
Saudi Crown Prince Salman

Oil prices plunge below $35, Saudi Arabia triggers price war

Saudi Arabia rattled the already depressed oil market to its foundation early Monday after unilaterally slashing prices and promising to…

Rana Kapoor founder of India’s Yes Bank accused of stealing $602m

Rana Kapoor, the arrested founder and former managing director of India's crisis-hit Yes Bank, faces a double charge of corruption…

Wema Bank stirs controversy over International Women’s Day message

Wema Bank has ruffled some male chauvinists feathers after it posted a tweet celebrating International Women's Day.

Run on India’s Yes Bank, founder Rana Kapoor arrested

Rana Kapoor, founder of India's Yes Bank arrested Sunday on allegations of money laundering as anxious depositors stage a run…

South Africa consults Okonjo-Iweala to defeat recession

Nigeria's former Minister of Finance, Dr. Ngozi Okonjo-Iweala has been consulted by the South Africa's government to help rescue the…

How Jumia is empowering women entrepreneurs

As the world celebrates the 2020 International Women's Day on March 8, Jumia Nigeria has disclosed that the company prioritised…
Minister of Industry, Trade and Investments Adeniyi Adebayo (CON)

What Nigeria recorded as total trade in 2019

The National Bureau of Statistics (NBS) said Nigeria recorded N36.152 trillion as value of total trade in 2019, representing a…

Coronavirus hits British Airways

Two British Airways staff have tested positive for coronavirus.

Ecobank drives financial inclusion, unveils Xpress Save and Xpress Loan

Ecobank Nigeria has unveiled a new product offering, Xpress Save and Xpress Loan, enabling customers to conveniently & speedily open…

AMCON seizes 72 luxury flats, shopping complex over N4.8bn debt

The Asset Management Corporation of Nigeria (AMCON) has confiscated properties belonging to 12 debtors in Lagos over a debt of…
Lufthansa

Coronavirus: Lufthansa to cut flights up to 50 per cent

German airline Lufthansa, on Friday, said it will cut flights up to 50 per cent in the coming weeks over…

Nigeria in trouble as oil prices crash after no OPEC deal with Russia

Nigeria's 2020 budget based on a $57 oil price will be further put under strain after oil prices crashed below…
DPR assures Nigerians of products availability during Sallah

DPR to begin clampdown on illegal gas plants in Kwara

The Department of Petroleum Resources (DPR) in Kwara, on Friday, says it will soon clamp down on illegal gas outlets…

Prices of smoked fish stable in Jigawa

The prices of smoked fish have maintained stability for over five weeks in a row at Hadejia Fish Market in…

Stanbic IBTC posts N75bn profit in 2019 

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has declared a profit after tax of N75 billion in…
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