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Naira hits N215 to dollar at BDC’s segment

The naira on Friday depreciated by N5 to the dollar as it traded N215 at the Bureau De Change (BDCs)…

Agric Minister, 4 other Africans for AfDB presidential race

Nigeria’s Agriculture Minister, Akinwumi Adesina, and Ethiopia’s Finance Minister, Sufian Ahmed, are among the five candidates who have been shortlisted…

Poll shift affects naira, stock exchange

The postponement of Nigeria’s general election has hit the country’s faltering economy, adding to existing pressures caused by the global…

Samsung Goes ‘Beyond The Limit’

Samsung Electronics is introducing a range of products to the African market at the sixth annual Africa Forum in Antalya,…

Helping Farmers Earn Money Through Training

By Prince Arinze Onebunne Inadequate regional food supplies, diminishing quality of health, and increasing environmental deterioration are the three key…

Cross River’s Economy Not Mortgaged– CPS

Reuben Bojor/Calabar The Chief Press Secretary to Governor Liyel Imoke of Cross River State, Mr. Chris Ita, has debunked allegations…

Concept Nova, Konga partner to deliver innovative vehicle tracker

Tracking and monitoring your vehicle just got easier with the all new Tikon Vehicle Tracking device by innovative IT software…

Nestle net profit soars 45% despite slipping sales

The world’s leading food industry group Nestle on Thursday posted a soaring net profit for 2014, boosted by the sell-off…

2014 Budget: Lagos records 83% cumulative performance

Kazeem Ugbodaga The Lagos State Government says it has recorded 83 per cent cumulative budget performance for its 2014 budget.…

Reduced Allocation: Delta To Sell ‎Shares To Generate Revenue

Jethro Ibileke/Asaba Delta state governor, Emmanuel Uduaghan, has given approval for the sale of its shares in Transcorp Ughelli Power…

FG drafts bill to provide 2million jobs annually

The Presidential Jobs Board is drafting a National Jobs Bill aimed at fast-tracking government’s efforts toward creating two million jobs…

Nigeria lacks institutions, processes to prevent corruption, says Okonjo-Iweala

The Minister of Finance, Dr Ngozi Okonjo-Iweala, said on Tuesday that corruption persisted in the country because Nigeria lacked the…

FG set to boost electricity, signs MoU for 500 megawatts

The Federal Government on Monday signed a Memorandum of Understanding with One Nation Energy Platform Ltd. for the production of…

Capital market indices up by 0.52%

Transactions in the Nigerian Stock Exchange (NSE), reopened on Monday on a bullish trend with the market capitalisation appreciating by…

Customs denies withdrawing personnel Sokoto, Kebbi borders

The Nigeria Customs Service (NCS) says it has not ordered the withdrawal of its personnel from the border stations in…

Naira hits N210, 213 to dollar at BDC, black market

The naira on Monday lost N2 to the dollar to sell at N210 at the Bureau De Change (BDCs) segment…

CBN set to licence more microfinance banks

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

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

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

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

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

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

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

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

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

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

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

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

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

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