Business

Oil prices rise after OPEC keeps low output target

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11 years ago

Oil prices rose on Friday, breaking a two-day losing streak, after OPEC ministers kept their existing oil production target for…

Etisalat sells 85% stake in Tanzania’s Zantel

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11 years ago

United Arab Emirates telecom operator, Etisalat has agreed to sell its 85 per cent stake in Zanzibar Telecom Limited (Zantel)…

Reps. pass 14 bills, step down oil and gas Act

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11 years ago

The House of Representatives on Thursday passed 14 of the Bills earlier passed by the Senate but stepped down Oil…

FG to focus on agriculture, not oil, says Buhari

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11 years ago

President Muhammadu Buhari on Thursday said the Federal Government would give Agriculture the needed attention as part of effort to…

EFCC charges CBN, Zenith Bank staff for currency fraud

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11 years ago

Three central bank officials and two staffers at Nigeria’s Zenith Bank appeared in court on Thursday to face criminal charges…

House of Reps passes Petroleum Industry Bill

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11 years ago

The House of Representatives on Thursday passed the lingering Petroleum Industry Bill (PIB). The House, after considering an Ad hoc…

NSE market capitalisation drops further by N85bn

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11 years ago

The market capitalisation of the Nigerian Stock Exchange (NSE) on Thursday dropped by N85 billion in a bearish trading. The…

Dangote Cement expands to Ethiopia with $500 million plant

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11 years ago

Ethiopia, (Reuters) – Nigeria’s Dangote Group on Thursday opened a $500 million cement plant in Ethiopia, one of Africa’s fastest-growing…

Nigeria To Benefit From Bill Gates’ $776m Hunger Fund

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11 years ago

Melinda Gates announced on Thursday that she and husband Bill’s foundation will spend $776 million tackling hunger in Nigeria and…

NSE: Market indices down by 0.54%

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11 years ago

Activities at the Nigerian Stock Exchange (NSE) on Wednesday closed negatively with the market indices dropping by 0.54 per cent,…

N4.6bn Scam: Three CBN staff, others land in prison

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11 years ago

Three employees of the Central Bank of Nigeria, CBN and three staff of Wema Bank, were on Wednesday, remanded in…

Unused SIM cards increases to 51.4m in April – NCC

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11 years ago

The Nigerian Communications Commission says unused Subscriber Identity Module (SIM) cards on telecommunication operators’ networks increased from 50,615,202 in March…

Petroleum Ministry: Nigerians Back Buhari’s Move To Take Over Job

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11 years ago

Eromosele Ebhomele Some Nigerians this morning threw their weight behind the plan by President Muhammadu Buhari to be in charge…

Seplat increases investment in gas to boost shareholders value

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11 years ago

Seplat Petroleum Development Company Plc on Tuesday restated its commitment to enhance shareholders value with strategic investment in natural gas…

Increase local refining capacity before deregulation, PENGASSAN tells Buhari

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11 years ago

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on President Muhamadu Buhari to increase local…

CBN executives sent to prison for recycling worn currency

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11 years ago

Six members of staff of the Central Bank of Nigeria, CBN, implicated in an N8billion defaced and mutilated currency recycling…

Pay-Per-View: What You Need To Know

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11 years ago

SPONSORED Pay-per-view (PPV) is a television service through which subscribers can buy events to watch via private telecast. Every subscriber…

EFCC to arraign CBN officials, 16 top bankers for fraudulently recycling N8 billion

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11 years ago

Ayorinde Oluokun/Abuja Five top officials of Central Bank of Nigeria, CBN and 16 other top bankers presently in the net…

AfDB: Okonjo-Iweala behind my success, says Adesina

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11 years ago

Dr Akinwumi Adesina, president-elect, Africa Development Bank (AfDB) has credited his success at the poll to the tireless work of…

AfDB: Amosun Congratulates Adesina

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11 years ago

Abiodun Onafuye/Abeokuta Governor Ibikunle Amosun of Ogun state, Southwest, Nigeria has congratulated former Minister of Agriculture, Akinwunmi Adesina on his…

CBN net income drops to N35 billion

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11 years ago

The Central Bank of Nigeria (CBN) net income has dropped to N35.4 billion in 2014 from N209.6 billion in 2013,…

Stable power supply underway, says Buhari

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11 years ago

President Muhammadu Buhari says careful studies are already under way to identify the quickest, safest and cost-effective way to bring…

16 Years Of Democracy: Glo Celebrates Nigerians

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11 years ago

Indigenous telecommunications solutions provider, Globacom, says 16 years of uninterrupted democratic experiment and the successful transition of power to a…

Akinwunmi Adesina wins AfDB presidency

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11 years ago

Nigeria’s agriculture minister, Dr. Akinwunmi Adesina has been elected president of the African Development Bank, according to reports from Abidjan,…

Dana Crash: Families of victims demand full compensation

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11 years ago

The families of the victims of 2012 Dana plane crash on Wednesday urged the Federal Government to ensure that victims’…

Skye Bank appoints four Executive Directors

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11 years ago

The Board of Directors of Skye Bank Plc has announced the elevation and appointment of four new Executive Directors to…

Outcry Over Subsidy Removal

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11 years ago

Eromosele Ebhomele Except the incoming Muhammadu Buhari administration wades into Nigeria’s oil crisis which has almost grounded the country, a…

CBN yet to disburse N300bn real sector fund – RSSF

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11 years ago

The Central Bank of Nigeria says it is yet to start the disbursement of the N300 Billion Real Sector Support…

SME operators lament inability to access FG’s N220bn bailout fund

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11 years ago

Some small and medium entrepreneurs in Lagos on Tuesday expressed concern over their inability to access the Federal Government’s N220…

Power distribution historically pathetic, down to 727MW

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11 years ago

It has only gotten worse, not better for Nigeria as electricity output crashed to an all time, historic low of…

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