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Business

MTN shuts all shops in Nigeria

MTN, Nigeria’s biggest phone service company said all its shops in the country will not be opened today. In a…
South Africa's President Ramaphosa and Nigeria's Muhammadu Buhari

South Africa just SAVVY and rest of Africa just VAPID?

Is South Africa just savvy or are other African countries just vapid? What is at play here? Inferiority complex to…

Xenophobia: Kwara Mall opens for business under Police watch

Normal business activities have resumed at the Kwara Mall on Wednesday after police took over the edifice on Tuesday evening.

UNCTAD: UK exporters stand to lose $2b without Brexit deal

Without Brexit deal, 20 percent of UK non-EU exports are at risk of facing higher tariffs from countries such as…
Shoprite sold to Persianas

(Video) Xenophobia: Mob attacks Shoprite in Lagos

A mob has invaded Shoprite outlet in Lekki, Lagos, Southwest Nigeria following Xenophobic attack on Nigerians in South Africa.
Ms Patience Oniha, DG Debt Management Office(DMO): debt servicing gulps N1trillion in 3 months

Federal Govt’s September savings bond opened for transactions

The Debt Management Office (DMO) says that the September savings bonds’ offer of the Federal Government has opened for transactions.

Trade war: 4 lessons US needs to learn from China

It is time for trade hawks in Washington to start learning at least four lessons from their futile trade war…

Niger farmers establish village savings association

Farmers association in Niger has established a Village Savings and Loan Association (VSLA) among members at various wards in the…

EFCC smashes N2b Ponzi scheme in Port Harcourt, owner on the run

Operatives of the Economic and Financial Crimes Commission, EFCC, Port Harcourt’s Zonal Office have arrested 19 staff of a fake…

Trump: US will win trade war against China

The United States 10-15 percent tariffs on $300 billion worth of Chinese goods will take effect from tomorrow, with President…

Vietnam’s Binh Son refinery buys 1m barrels of Nigerian crude

Vietnam’s Binh Son Refining and Petrochemical has bought 1 million barrels of Bonny Light crude in its first-ever import of…
P&ID fraud: Marqott Nigeria Limited forfeits all assets to Nigerian govt.

Hedge Fund company and the forces backing P&ID against Nigeria

Mark Paul of Irish Times unravels the international forces working with P&ID, also an Irish company, to force Nigeria cough…

US consumer-sentiment index falls the lowest since 2016

The University of Michigan's consumer-sentiment index posted its largest monthly decline since December 2012 on Friday, coming in well under a…
Experts laud CBN over planned recapitalisation of banks

CBN to Nigerians: Take all bad Naira notes to bank for new ones Monday

The Central Bank of Nigeria, CBN, has told Nigerians to take all their torn and mutilated Naira notes to the…
World Food Prize Foundation appoints outgoing President of African Development Bank (AfDB), Dr Akinwumi Adesina to its Council of Advisors.

Japan, AfDB announce $3.5bn in support of Africa’s private sector development

Japan and the African Development Bank, AfDB on Friday announced a joint target of $3.5 billion under the Enhanced Private…

Stanbic IBTC records NN36.2bn profit after tax in 6 months

Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, has announced its mid-year audited results for the period…

Keystone Bank empowers youths, business start-ups

Keystone Bank Limited, has launched a capacity building Masterclass to empower entrepreneurs with the requisite skills for business growth.

Reuters: Nigeria’s assets at risk worldwide in $9billion P&ID case

A British judge has said he will in September grant a firm called Process and Industrial Developments Ltd (P&ID) the…

AIICO Insurance appoints Fajemirokun as Managing Director

One of the leading insurance companies in Nigeria, AIICO Insurance Plc, has announced appointment of a new Managing Director and…

Kenya joins league of crude oil exporters, Uhuru flags off first shipment

Kenya has joined the league of crude oil exporters in Africa. President Uhuru Kenyatta flagged off the maiden oil shipment…

Oil thieves escalate attacks on NNPC pipelines, 106 breaches in June

The Nigerian National Petroleum Corporation (NNPC) recorded in June 77 per cent rise in oil pipeline breaches on its network…

South Africa seizes Air Tanzania’s Airbus

South African authorities have impounded an Airbus 220-300 aircraft leased by Air Tanzania, the national flag carrier.

Trump jacks up tariffs on China goods to 30%

US President Donald Trump has announced additional tariffs on $250 billion in Chinese goods, jacking up existing 25 percent duties…

Nigerian oil field sale triggers police raid on Brazil’s largest bank

Brazil's federal police on Friday raided the headquarters of Latin America's largest independent investment bank, Banco BTG Pactual SA ,…
SEEPCO says insecurity and environmental challenges have caused significant decline in its oil production volumes in Anambra State,

US crude producers shut down 128 oil rigs

producers shut down 128 rigs [/caption] The US oil and gas rig count fell sharply on Friday, decreasing by 19…

US Stocks tumble after Trump’s tweetstorm

US Stocks tumbled on Friday after President Trump unleashed a flurry of tweets threatening to amplify the trade war in…

Accusing staff of extortion, US firm shuts down in Nigeria

Dynamics Intelligence, a company operating from Redmond, United States has shut its operations in Nigeria over what its chairman alleged…
Trump

Reckless: Trump accuses China of stealing trillions of dollars from US

In a tweetstorm, President Donald Trump escalated his war against China on Friday, accusing it of not just being an…

US Fed chair gives few clues in much awaited statement

The U.S. economy is in a “favourable place” and the Federal Reserve will “act as appropriate” to keep the current…
crude oil

Brent crude price crosses $60 mark

Oil prices on Friday clawed back the previous day’s losses, with Brent nudging above $60 a barrel, as tighter supplies…
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