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Business

Skye Bank’s ‘Reach For The Skye’ reward scheme goes to Onitsha

Skye Bank again made another set of millionaires in the on-going Reach for the Skye Millionaire Reward Scheme. Onitsha, the…
Telecoms Mast

Internet usage in Nigeria hits 93 million – NCC

The Nigerian Communications Commission (NCC) said that the number of internet users on the country’s telecom networks increased to more…

Venezuela buys cargoes of Nigerian crude

Reuters – Venezuela’s state-run oil company PDVSA has bought three new cargoes of Angolan and Nigerian crudes for delivery at…
Godwin Emefiele, CBN Governo

Nigerian interbank lending rate down as liquidity rises

Nigeria’s interbank lending rates fell 75 basis points to an average of 6.50 per cent on Friday from 8.25 per…

SEC investigates Stanbic IBTC over fees disclosure

Nigeria’s financial regulator is investigating Stanbic IBTC over alleged wrongful disclosure of fees owed to its parent, South Africa’s Standard…

Obasanjo, African leaders for Afreximbank inauguration

The investiture of the African Export-Import Bank’s (Afreximbank’s) new President and the inauguration of the Bank’s headquarters in Cairo have…

NNPC interim crude swap agreement lacks transparency, says ANEEJ

The Africa Network for Environment and Economic Justice (ANEEJ), a Non-Governmental Organisation working on Oil and Gas matters has criticized…

We’ll deliver quality service to subscribers, MultiChoice assures CPC

Leading pay-TV provider, MultiChoice Nigeria, has assured the Consumer Protection Council (CPC) of its commitment to the continuous provision of…

Hameed Ali resumes, vows to enhance capacity of Nigeria Customs

Ayorinde Oluokun New Comptroller-General of Nigeria Customs Service, Col. Hameed Ibrahim Ali (retd) has restated his mandate to undertake reforms…

CantQ Solutions launches Events e-ticketing Solutions

Funsho Arogundade Nigeria’s first 24-hour events’ full e-ticketing platform, www.cantq4tickets.com, has been formally launched in Lagos. The new platform from…

Buhari’s cabinet delays more investment by Spanish companies

Mr Pablo Segrelles, Economic Counsellor of the Embassy of Spain in Nigeria, on Thursday said that Spanish companies were awaiting…

20 ships arrive Lagos ports with foods, petroleum products

Twenty ships have arrived at Apapa and Tin-Can Island ports in Lagos waiting to discharge food items, petroleum products and…

Facebook rakes in users in Nigeria, Kenya

Reuters – Facebook has nearly 20 million users in major African markets Nigeria and Kenya, statistics released by the social…
Godwin Emefiele, CBN Governo

Mixed reactions trail JP Morgan’s threat on Nigerian bonds

Some financial experts on Wednesday in Lagos expressed mixed reactions on JP Morgan’s decision to phase out Nigeria from its…

Commercial Banks owing N12bn of government revenue – RMAFC

The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has demanded the immediate return of over N12 billion unremitted funds from…

NNPC signs Offshore Processing Agreement to guarantee supply

The Nigerian National Petroleum Corporation (NNPC), has signed an interim Offshore Processing Agreement (OPA) with three of its joint venture…

NNPC to build new refineries

Femi Adi/Kaduna In a bid to ensure adequate supply of Premium Motor Spirit popularly known as petrol and other petroleum…

Mobile Money operators rally support for Glo Xchange

Banks and mobile money operators partnering with Globacom for the implementation of a seamless mobile money service in the country…

Roche unveils Journalists’ Academy

Daniels Ekugo Towards deepening its involvement in the regeneration of Nigeria’s health sector, Swiss healthcare pioneer, Roche Products Limited has…

Enugu to get dry port

The Executive Secretary of the Nigerian Shippers’ Council, Mr Hassan Bello, says the council has received approval to construct a…

Court adjourns bankruptcy suit against Okumagba

AKIN KUPONIYI A Federal high court sitting in Lagos, southwest Nigeria, has adjourned till 14 October, 2015, a bankruptcy suit…

JP Morgan to remove Nigeria from government bond index

JP Morgan will remove Nigeria from its Government Bond Index (GBI-EM) by the end of October, the bank said on…

Frozen Poultry: Customs destroy 1,583 cartons, vow to cripple smuggling

The Western Marine Command of the Nigeria Customs Service on Tuesday vowed to keep up the fight against smuggling of…

Customs generates N777.2m in Seme

The Seme Command of Nigeria Customs Service (NCS) on Tuesday said it generated N777.2 million revenue in August. The spokesman…

DIGITAL TV TALK: Why TV Content Costs Are Rising

SPONSORED All over the world, prices that consumers pay monthly for subscription television or video services continue to rise –to…

Nigeria’s cement war: BUA seeks to trim Dangote’s dominance

Dangote Cement, majority owned by Africa’s richest man Aliko Dangote, at the moment controls around 70 percent of Nigeria’s cement…

Nigerians make up 85% of GE Nigeria workforce

Seun Bisuga In a bid to make General Electric (GE) Nigeria a wholly Nigerian company, the management of the organisation…

Smile network earmarks $365m for expansion

Henry Ojelu Smile Telecoms Holdings Ltd (Smile), which owns and operates mobile wireless 4G LTE broadband networks in the 800MHz…

NAFDAC DG declares open 3rd Nigeria Pharma Manufacturers, Lab expo

The 3rd Nigeria Pharma Manufacturers and Lab Expo under the theme: ‘The Nigerian Pharmaceutical Manufacturing Industry and International Competitiveness,’ was…

Lufthansa pilots to strike on Tuesday

The German pilots’ union on Monday announced, pilots for all long haul flights at German airline Lufthansa will strike on…
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