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Business

Trade war: 4 lessons US needs to learn from China

It is time for trade hawks in Washington to start learning at least four lessons from their futile trade war…

Niger farmers establish village savings association

Farmers association in Niger has established a Village Savings and Loan Association (VSLA) among members at various wards in the…

EFCC smashes N2b Ponzi scheme in Port Harcourt, owner on the run

Operatives of the Economic and Financial Crimes Commission, EFCC, Port Harcourt’s Zonal Office have arrested 19 staff of a fake…

Trump: US will win trade war against China

The United States 10-15 percent tariffs on $300 billion worth of Chinese goods will take effect from tomorrow, with President…

Vietnam’s Binh Son refinery buys 1m barrels of Nigerian crude

Vietnam’s Binh Son Refining and Petrochemical has bought 1 million barrels of Bonny Light crude in its first-ever import of…
P&ID fraud: Marqott Nigeria Limited forfeits all assets to Nigerian govt.

Hedge Fund company and the forces backing P&ID against Nigeria

Mark Paul of Irish Times unravels the international forces working with P&ID, also an Irish company, to force Nigeria cough…

US consumer-sentiment index falls the lowest since 2016

The University of Michigan's consumer-sentiment index posted its largest monthly decline since December 2012 on Friday, coming in well under a…
Experts laud CBN over planned recapitalisation of banks

CBN to Nigerians: Take all bad Naira notes to bank for new ones Monday

The Central Bank of Nigeria, CBN, has told Nigerians to take all their torn and mutilated Naira notes to the…
World Food Prize Foundation appoints outgoing President of African Development Bank (AfDB), Dr Akinwumi Adesina to its Council of Advisors.

Japan, AfDB announce $3.5bn in support of Africa’s private sector development

Japan and the African Development Bank, AfDB on Friday announced a joint target of $3.5 billion under the Enhanced Private…

Stanbic IBTC records NN36.2bn profit after tax in 6 months

Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, has announced its mid-year audited results for the period…

Keystone Bank empowers youths, business start-ups

Keystone Bank Limited, has launched a capacity building Masterclass to empower entrepreneurs with the requisite skills for business growth.

Reuters: Nigeria’s assets at risk worldwide in $9billion P&ID case

A British judge has said he will in September grant a firm called Process and Industrial Developments Ltd (P&ID) the…

AIICO Insurance appoints Fajemirokun as Managing Director

One of the leading insurance companies in Nigeria, AIICO Insurance Plc, has announced appointment of a new Managing Director and…

Kenya joins league of crude oil exporters, Uhuru flags off first shipment

Kenya has joined the league of crude oil exporters in Africa. President Uhuru Kenyatta flagged off the maiden oil shipment…

Oil thieves escalate attacks on NNPC pipelines, 106 breaches in June

The Nigerian National Petroleum Corporation (NNPC) recorded in June 77 per cent rise in oil pipeline breaches on its network…

South Africa seizes Air Tanzania’s Airbus

South African authorities have impounded an Airbus 220-300 aircraft leased by Air Tanzania, the national flag carrier.

Trump jacks up tariffs on China goods to 30%

US President Donald Trump has announced additional tariffs on $250 billion in Chinese goods, jacking up existing 25 percent duties…

Nigerian oil field sale triggers police raid on Brazil’s largest bank

Brazil's federal police on Friday raided the headquarters of Latin America's largest independent investment bank, Banco BTG Pactual SA ,…
SEEPCO says insecurity and environmental challenges have caused significant decline in its oil production volumes in Anambra State,

US crude producers shut down 128 oil rigs

producers shut down 128 rigs [/caption] The US oil and gas rig count fell sharply on Friday, decreasing by 19…

US Stocks tumble after Trump’s tweetstorm

US Stocks tumbled on Friday after President Trump unleashed a flurry of tweets threatening to amplify the trade war in…

Accusing staff of extortion, US firm shuts down in Nigeria

Dynamics Intelligence, a company operating from Redmond, United States has shut its operations in Nigeria over what its chairman alleged…
Trump

Reckless: Trump accuses China of stealing trillions of dollars from US

In a tweetstorm, President Donald Trump escalated his war against China on Friday, accusing it of not just being an…

US Fed chair gives few clues in much awaited statement

The U.S. economy is in a “favourable place” and the Federal Reserve will “act as appropriate” to keep the current…
crude oil

Brent crude price crosses $60 mark

Oil prices on Friday clawed back the previous day’s losses, with Brent nudging above $60 a barrel, as tighter supplies…

African LNG to attract $103 billion in 2019

Africa is an exciting frontier in the global natural gas sector. The continent holds 7.1 percent of proven global gas…

Quantas tests 19-hour non-stop flights, first in aviation history

Australia's national carrier Qantas will begin to test flights for three ultra-long haul services that are set to become the…

Oil prices rise, still below Nigeria’s budget benchmark

Crude oil prices edged up on Tuesday on optimism U.S.-China trade tensions will ease and on hopes major economies will…
Why half of Oyo poultry farmers are out of business

10 Dangers you must avoid when starting poultry business

Poultry business could be very lucrative and profitable if it is embarked upon with full information about the dos and…
NNPC Group Managing Director, Mallam Mele Kyari

NNPC announces new DSDP bid winners

In line with its avowed commitment to transparency and accountability in all its activities as committed by the new Group…

NIMASA opens command centre for Deep Blue Project

The Command, Control, Computer Communication and information otherwise known as the C4i Centre of the Deep Blue Project has commenced…
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