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Business

Nigeria’s economy not in trouble: Buhari’s aide educates PDP

A presidential spokesman, Malam Garba Shehu, has described as untrue the Peoples Democratic Party’s claim that the Nigerian economy is…

TCN slams KEDCO with suspension No.2

The Transmission Company of Nigeria (TCN) says it has issued a second suspension order to Kano Distribution Company (KEDCO) .

Magu vows to help AMCON recover N5trillion loans

The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has vowed to assist the Asset Management…

Tu Face now NSE ‘Good cause ambassador’

The Nigerian Stock Exchange (NSE) on Tuesday appointed International Award-Winning artist, Innocent Idibia’ popularly known as `Tuface or 2Baba` as…
China's economy stumbles

China rejects currency manipulator label

China has outrightly rejected a U.S. decision to label it a currency manipulator, its central bank said on Tuesday.

Keystone Bank appoints new Executive Directors

The Board of Directors of Keystone Bank Limited has announced the appointment of three new Executive Directors.

US stocks lose $766billion in hours, worst this year

About $766 billion dollars was wiped out from the market value of US stocks on Monday as the fall in…

Just IN: US labels China currency manipulator as trade war deepens

The US Treasury Department on Monday labelled China a currency manipulator, escalating the U.S.-China trade war with a significant rebuke…

US stocks tumble, worst in 2019

US Wall Street’s major indexes tumbled on Monday, with the benchmark S&P 500 dropping about 3%, as a fall in…
Naira crunch: Nigerians beg banks to dispense N100, N50 bills

FG sells 2-3 year saving bonds at irresistible interest rates

The Federal Government on Monday offered for subscription two-year savings bond at 10.301 per cent and three-year savings bond at…

Flint CEO of HSBC departs

HSBC on Monday said its Group Chief Executive John Flint had stepped down as the bank braces for geopolitical uncertainties.

NGC stays in Niger Delta, says NNPC spokesman

The Nigerian National Petroleum Corporation (NNPC) has for the umpteenth time assured stakeholders in Delta State and the Niger Delta…

Etihad Airways deploys Boeing Dreamliner on Lagos route

Etihad Airways, United Arab Emirates national carrier has launched one of its Boeing 787-9 Dreamliners on the Nigerian route from…

EU backs Georgieva as IMF’s new MD

EU ministers on Friday chose the Bulgarian number two of the World Bank Kristalina Georgieva as the bloc's candidate to…
Trump

China vows tit-for-tat tariffs against US products

The Chinese authorities have announced that they will take countermeasures if the United States goes ahead with the introduction of…

7 oil thieves jailed, vessel seized

Justice A. T Mohammed of the Federal High Court sitting in Port Harcourt, Rivers State has sentenced seven oil thieves…

Trump crashes oil prices, Brent down to $61

Oil prices were the immediate casualties of the escalated tariff war declared on Thursday against China by US President Donald…
Trump

Trump escalates tariff war with China, targets $550b goods

President Donald Trump said the US would hit China with tariffs on roughly $300 billion worth of its products while…

EcobankPay Hits N1 billion in Transactions Value

EcobankPay, the lifestyle digital payments and collections service of Ecobank Nigeria has recorded a cumulative transaction value of over N1…

Huawei’s profit soars despite Trump ban

Huawei has announced a 23.2 percent growth in revenue in the first half year, despite the hostile moves by President…

Samsung profit slumps

Samsung Electronics, the world's biggest smartphone and memory chip maker on Wednesday reported second-quarter net profits slumping by more than…
Nigerian bourse records further downturn, capitalisation loses N281bn

Nigeria equities return to negative territory, lose N63bn

Trading on the nation’s bourse returned to negative territory on Tuesday with crucial market indices dropping by 0.46 percent following…

Photos: China’s Sinopec ships world’s largest atmospheric tower to Dangote Refinery

China Petrochemical Corporation (Sinopec Group) has disclosed that it is shipping to Dangote Refinery in Lekki Lagos, the world's largest…
FBI agent Ayotunde Solademi tells court in Lagos how threats by Nigerian fraudster, Muideen Teslim led his 15-year-old victim to kill himself

US hacker breaches 100m accounts at Capital One

United States bank Capital One said a hacker gained access to more than 100 million credit card applications earlier this…

Oil firm demands $9.8m from Emeka Offor’s Kaztec

Seawolf Oil Services Limited alongside its receiver/manager Mr Michael Igbokwe SAN has dragged Chief Emeka Offor's company Kaztec Engineering, limited…
Fraud

N2b fraud: Kwara SMED Director, 6 Microfinance chiefs arrested

The Economic and Financial Crimes Commission, EFCC, Ilorin Zonal Office has arrested Segun Soewu, Director General, Kwara State Bureau of…

Buhari approves action committee for AfCFTA

President Muhammadu Buhari has approved establishment of a National Action Committee (NAC) for implementation of African Continental Free Trade Area…
Emefiele

CBN injects $284.2m, CNY36m into retail secondary market

The Central Bank of Nigeria (CBN) has injected 284.2 million dollars in the retail Secondary Market Intervention Sales (SMIS).

Trump lifts Venezuelan sanctions for Chevron, Halliburton

The Trump administration on Friday renewed Chevron Corp’s licence for three months to drill for oil in Venezuela despite sanctions.

ECA, NPA host workshop to discuss Uganda’s urban strategy

The Economic Commission for Africa (ECA) and the National Planning Authority (NPA) of Uganda are next week hosting a two-day…
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