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Business

CBN set to licence more microfinance banks

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11 years ago

The Central Bank of Nigeria (CBN) on Monday said it would inject more certified microfinance bank operators into the industry.…

World oil prices edged higher Monday

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11 years ago

World oil prices edged higher Monday on lingering optimism over falling United States production. US benchmark West Texas Intermediate (WTI)…

Arik Air Staff Caught Siphoning Fuel From Aircraft

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11 years ago

By Simon Ateba An Arik Air staff have been arrested at the Murtala Muhammed International Airport in Lagos, western Nigeria,…

Naira to dollar now N208 at BDCs, Black Markets

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11 years ago

The Naira on Friday sold against the dollar for N208 at the Bureau De Change (BDC) segment of the foreign…

Oil prices rise above $60 per barrel

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11 years ago

Crude oil rose above 60 dollars a barrel on Friday for the first time this year, bringing gains this week…

Oil prices up in Asian trade

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11 years ago

Oil prices rose in Asia Friday, extending solid gains in the previous session in response to news that leading petroleum…

CBN disburses additional N39.5bn for electricity generation, distribution

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11 years ago

The Central Bank of Nigeria has disbursed additional N39.527 billion to six electricity generating and distributing companies from the N213…

Bombardier CEO steps aside in shakeup

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11 years ago

The head of Canada’s Bombardier stepped aside Thursday in a major shakeup of the world’s third largest aircraft manufacturer, after…

Crude oil money not missing, NNPC claims

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11 years ago

The Nigerian National Petroleum Corporation (NNPC) on Wednesday said that the report of the forensic audit carried out on its…

I’ve created 5,400 young entrepreneurs, says Jonathan

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11 years ago

President Goodluck Jonathan has stated that his government has created 5,400 young entrepreneurs in Nigeria, noting that, the first 2,400…

Naira crashes to record low

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11 years ago

The Nigerian currency, the naira hit a new record low on Tuesday on thin dollar liquidity, amid concerns over political…

Oil prices extend gains as OPEC cuts output forecast

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11 years ago

Oil prices advanced further on Monday as OPEC forecast a reduction in US output amid a dip in North American…

In Pictures: How Nigerian Women Lead The Way In Agriculture

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11 years ago

Story and Photos by Emmanuel Osodi/Delta Much have been made of how agriculture should be the main source of income…

Edo flags off N5.7bn Auchi Erosion Control Project

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11 years ago

Jethro Ibileke/Auchi Governor Adams Oshiomhole of Edo state has flagged off a N5.7billion Auchi Erosion project to tackle the menacing…

FG to privatise transport sector

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11 years ago

The Director-General of the Bureau of Public Enterprises (BPE), Mr Benjamin Dikki, has said that the bureau would soon begin…

Survey: Interbrand set to gauge the strength of Nigeria brands

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11 years ago

Today businesses operate in a constantly changing marketplace. Consumer values and needs change; products and services change; competitors change and…

Missing $20bn: We Were Not Indicted, says NNPC

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11 years ago

The forensic audit report on the alleged missing $20bn unremitted oil revenue carried out by the reputable international firm, PriceWaterhouseCoopers…

Ecobank reaffirms financial strength and strong governance in Africa

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11 years ago

Daniels Ekugo Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has stated that the bank has the requisite…

Nigeria’s Naira slumps 0.75 %, exchanges N194 to $USD

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11 years ago

Nigeria’s naira fell 0.75 percent in volatile trades against the dollar shortly after the forex market opened as demand for…

IMF concerned about Ecobank Nigeria’s weak capital

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11 years ago

Ecobank Transnational Inc., a lender with operations across much of sub-Saharan Africa that is embroiled in a court battle with…

Account For Missing N30 Trillion, APC Challenges Okonjo-Iweala

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11 years ago

Ayorinde Oluokun/Abuja The All Progressives Congress Presidential Campaign Organisation (APCPCO) has challenged Minister of Finance and Coordinating Minister of the…

Alibaba uses drones to deliver tea in China

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11 years ago

Echoing US online retailer Amazon, Chinese e-commerce giant Alibaba on Wednesday tested a drone delivery service, promising to whisk ginger…

Togo court awards another $11.6mn to Ecobank ex-CEO

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11 years ago

A court in Togo awarded Thierry Tanoh, the former chief executive of pan-African lender Ecobank , $11.6 million on Tuesday…

We’ll correct the lapses in the oil sector, says Jonathan

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11 years ago

President Goodluck Jonathan has assured Nigerians that his government will correct all the lapses in the oil sector after he…

Oil prices edge higher in Asia

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11 years ago

Oil edged higher in Asia Tuesday, extending gains from the previous day after US firms cut drilling activity, but analysts…

Jonathan receives forensic audit on NNPC, says no cause for alarm

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11 years ago

President Goodluck Jonathan on Monday in Abuja received the Forensic Audit report on the Nigerian National Petroleum Corporation (NNPC) from…

Buhari To Jonathan: Account For $20b Missing Oil Fund

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11 years ago

Kazeem Ugbodaga The presidential candidate of the All Progressives Congress, APC, General Muhammadu Buhari has challenged President Goodluck Jonathan to…

Jonathan responsible for massive corruption in agric sector – APC

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11 years ago

The All Progressives Congress Presidential Campaign Organisation (APCPCO) on Sunday accused President Goodluck Jonathan of massive corruption in Nigeria’s agricultural…

We’ll generate 20,000mw of electricity in 4 years, says Buhari

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11 years ago

The All Progressives Congress Presidential Campaign Organisation (APCPCO) on Sunday said it would provide 20,000 megawatts (mw) of electricity in…

Okonjo-Iweala ‘needs serious help’ – Prof. Charles Soludo

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11 years ago

Professor Charles Soludo, former Central Bank of Nigeria governor believes that the Minister of Finance and Coordinating Minister of the…

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