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Business

Nigeria’s manufacturers hold N420b of unsold products

The Manufacturers Association of Nigeria (MAN) has expressed concerns over its overall inventory of unsold products worth N420 billion for…

60 oil rig workers test positive for coronavirus

At least 60 oil rig workers on the Jubilee oil production field offshore Ghana have tested positive for the novel…

Akinyelure bags second term as NNPC board member, Magnus Abe also in

Dr Pius Akinyelure, former executive director Mobil Nigeria has returned to the board of NNPC for a second term.

Date for Buhari to address small businesses fixed

In a bid to encourage small businesses in Nigeria amid the COVID-19 pandemic, President Muhammadu Buhari will address Micro Small…

COVID-19: Rivers cuts 2020 budget by 48 percent 

The Rivers State Executive Council has approved the review of the 2020 Budget in line with the present economic realities…
Jumia

COVID-19: Jumia partners Breweries, Unilever to increase consumers’ access to food, others

Nigeria’s leading e-commerce platform, Jumia, has partnered with global beverage company International Breweries and global consumer goods maker Unilever to…

How our agricultural projects will enhance food security – LASG

Lagos State Government has unfolded various agricultural projects that will ensure and sustain the food security situation in its communities.

Lagos attracts US$250m investments to Alaro City industrial hub

The Lagos State Government on Thursday said it has attracted investments worth US250m for its new industrial cum residential development…
Emefiele

CBN predicts negative economic growth in Q2

The Central Bank of Nigeria (CBN) has predicted negative Gross Domestic Product (GDP) growth for the country in the second…
Nigerian Senate

Senate considers N10.51trn revised budget for 2020

The Senate on Thursday reconvened to consider President Muhammadu Buhari’s request for approval of the revised 2020-2022 Medium Term Expenditure…

Adesina has not been asked to step down: AfDB Board chairman speaks

The President of the African Development Bank, Akinwumi Adesina has not been asked to step down, Mme Niale Kaba, the…

South Korea cuts interest rates to record low

South Korea’s central bank cut interest rates to a record low on Thursday as it warned the coronavirus pandemic would…

Oil price drops again

Oil prices slid for a second consecutive session on Thursday as the U.S. industry data showed a steep and surprising…

Kobo360 founders selected as Endeavor Entrepreneurs

Endeavor, an organisation leading the global movement for high-impact entrepreneurship, has welcomed the two co-founders of Kobo360, Obi Ozor and…
Meng Wanzhou

Canadian court disappoints Huawei over CFO’s case

A Canadian court ruled against Huawei's chief financial officer, Meng Wanzhou, on Wednesday in her extradition case to the US…
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