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Business

Nigeria Economy

Govt remains biggest spender in Nigerian economy – expert

An expert, former President, Association of National Accountants of Nigeria (ANAN), Mr Samuel Nzekwe, has said the private sector in…

US blacklists Sugon, 4 other Chinese tech firms

The US Commerce Department blacklisted five Chinese tech entities Friday in a new move against Beijing's supercomputing industry.

How to report your errant bank to CBN

You can seek redress against any errant bank through the Central Bank of Nigeria, the regulator of the banking system…
Oando Group Chief Executive Officer, Wale Tinubu

Oando v SEC: Legal fireworks begin June 24

Legal fireworks will begin on June 24 between sacked Oando directors, Jubril Adewale Tinubu and Omamofe Boyo and the Securities…

NNPC unveils new GMD, COOs

The Nigerian National Petroleum Corporation (NNPC) has thrown more light on the newly appointed GMD of the corporation, Mr. Mele…

Baru kicked out, Mele Kyari new GMD NNPC

President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum…
Lafarge

Lafarge to sell 100% equity holding in South Africa subsidiary

Lafarge Africa Plc on Wednesday proposed to sell off its 100 per cent equity in Lafarge South Africa Holdings Limited…
Femi Otedola now single largest shareholder in First Bank

Otedola no longer owns Forte Oil, sells 75% stake

Oil magnate, Mr Femi Otedola, on Wednesday announced his exit from Forte Oil Plc with divestment of 75 per cent…
Otedola reacts to Dangote refinery's increase in capacity

Otedola offloads shares in Forte Oil for $125m

Nigerian businessman Femi Otedola has concluded the sale of his 75 percent stake in Forte Oil to Prudent Energy, a…

Institute reveals 3 Northern states which produces good quality rubber

Kaduna, Adamawa and Taraba have been revealed as states that now produce good quality rubber in commercial quantity in the…

Nigeria can be agricultural power house in Africa — Adesina

Dr Akinwumi Adesina, the President African Development Bank (AfDB) says Nigeria has all it takes to be “a power house…

Titan Trust Bank sets for retail banking in Nigeria

One of the five new banks licensed by the Central Bank of Nigeria (CBN), Titan Trust Bank Limited is set…

Crude Tanker on fire in Gulf of Oman, oil prices go up

Oil prices surged on Thursday after a unit of the United Kingdom's Royal Navy reported a tanker being gutted by…

Xtralarge Farms unveils Agritech City, digital currency

Xtralarge Farms has unveiled Nigeria’s first Agriculture Digital Currency known as the 'Xtratoken' and its Xtralarge Agritech City.

High cost of pigs jacks up China inflation level

Inflation in China rose to its highest level in more than a year in May driven by surges in pork…
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