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Business

American Business Council elects GE’s Lazarus Angbazo as President

Lazarus Angbazo, the President and CEO of GE Nigeria has been elected president of the American Business Council (ABC) in…
Godwin Emefiele, CBN Governo

Nigeria spent $2.1billion on rice import in 3 years – CBN governor

The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Tuesday said the Federal Government spent 2.41 billion…

Merged LafargeHolcim Unveiled

Daniels Ekugo Cement makers Holcim Ltd and Lafarge officially unveiled their new combined building materials and construction company and said…

Osun CFAN Begins Chemical Distribution To Cocoa Farmers

The Cocoa Farmers Association of Nigeria, CFAN, Osun chapter said it had started the distribution of chemicals to cocoa farmers…

Elumelu Foundation Releases Report On Africa’s Business Climate

The Tony Elumelu Foundation says finance, infrastructure and inadequate resource centres are the major impediments affecting entrepreneurial development in Africa.…

DIGITAL TV TALK: Why Booting, Account Verification Takes A While

SPONSORED It is the wish of every pay-TV subscriber to have signal on the screen immediately the decoder is switched…

Buharism: Nigeria’s revenue rises for second consecutive month

Nigeria’s gross government revenues rose for the second consecutive month in June to 485.95 billion naira ($2.44 billion), up 33…
Godwin Emefiele, CBN Governo

Owing the Banks? Pay up or have your name published, says AMCON

The Asset Management Corporation of Nigeria (AMCON) on Monday asked loan defaulters to immediately square their accounts or it would…

Nigerian Customs blacklists GTB, Fidelity, Diamond banks

The Nigeria Customs Service (NCS) has suspended three commercial banks from collecting customs duties over their non-compliance with the partnership…

Coscharis Mobility Celebrates Sixt ‘Car Rent’ 2nd Anniversary

Daniels Ekugo As part of activities marking its second anniversary, Coscharis Mobility Ltd – Sixt Nigeria, has visited the Compassionate…

Technology increasingly shaping Africa’s financial sector – DHL

Sumesh Rahavendra, Vice President of Sales for DHL Express Sub Saharan Africa has stated that the African financial services industry…

Arik Air Triples Service On Abuja-PH-Abuja Route

Henry Ojelu Arik Air, Nigeria and West Africa’s leading airline, has increased flight frequency on the Abuja-Port Harcourt-Abuja route from…

SAP Africa Bolsters Leadership Team

Henry Ojelu SAP Africa has announced that after seven years of successfully leading and growing the Africa business, current CEO,…

Buhari will split NNPC into two, says Adesina

ABUJA, (Reuters) – Nigerian President Muhammadu Buhari plans to split the state oil company into two entities, his spokesman, Femi…

Loading from different tank farms cause for disparity in pump price – NUPENG

The National Union of Petroleum and Natural Gas Workers (NUPENG) on Friday said the disparity in pump price of premium…

Ex-DG of SEC, Arunma Oteh, appointed World Bank VP, Treasurer

Eromosele Ebhomele The former Director-General of the Nigerian Security and Exchange Commission, SEC, Ms. Arunma Oteh, has been appointed Vice…

Poor Electricity Supply Affecting Operations —Intels

The General Manager of Intels Nigeria Ltd., Mr Sascha Kuehl, on Friday said that unsteady power supply was hindering smooth…
Godwin Emefiele, CBN Governo

Nigeria’s Foreign Reserve rises to $30bn

LAGOS (Reuters) – Nigeria’s foreign exchange reserves rose $30.69 billion by July 22, up 5.6 per cent from $29.03 billion…

PPMC yet to access Arepo pipeline explosion line

The Manager, Corporate Affairs, Pipelines and Products Marketing Company (PPMC), Nasir Imodagbe says officials of the company are yet to…

Global oil tanker association orders Buhari, NNPC to lift ban on 113 oil tankers

LONDON, (Reuters) – A ban on 113 oil tankers by Nigerian state oil company Nigerian National Petroleum Corporation (NNPC) must…

SCAM: We are not recruiting, says BPP

The Bureau of Public Procurement (BPP) has advised the public to disregard the report on the social media that it…

OPEC Sees Oil Drop As Short-Term, Expects Stronger Demand

A drop in oil prices this month is likely to be short-term and will not deflect OPEC from its policy…

Buhari markets Nigeria to American entrepreneurs

President Muhammadu Buhari on Tuesday in Washington urged American entrepreneurs to use the opportunities offered by the liberal trade and…

Former Ministers Stole, Sold Crude Oil —Buhari

President Muhammadu Buhari, on Tuesday, in the United States, vowed that his administration would trace the accounts of individuals who…

PPMC sacks oil marketers

As part of measures to sanitize the fuel distribution and supply system and eliminate the queues at filling stations across…
PAT dropped from N53.647 billion recorded in 2022 to N51,141 billion in 2023, a decline of 4.7 percent.

Lafarge Africa’s 220mw Power Plant Begins Operations In Oct.

Lafarge Africa Plc says its newly constructed 220-mega watts power plant at Ewekoro, Ogun State, will commence operation in October.…

Equities Free Fall Stalls NSE New One Kobo Par Value Policy

Free fall of listed equities prices at the Nigerian Stock Exchange (NSE) has stalled the implementation of the new par…

Why You May Not Be Reconnected When Your Subscription Is Renewed

SPONSORED   It must have happened a few times, perhaps so many times, leaving you frustrated and red-eyed with rage.…

We regret delays in cleaning Adibawa Oil fields – Shell

The Shell Petroleum Development Company of Nigeria (SPDC) says the delays experienced in the oil spill response at its Adibawa…
Court adjourns to hear applications by different factions of Shareholders of First bank Holdings over the controlling shares of the bank

First Bank Plc faces money laundering charge

Akin Kuponiyi A federal high court sitting in Lagos, Southwest Nigeria has adjourned till after vacation hearing in a three…
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