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Saturday, 23rd September, 2017
 Business News:
Nigeria: (Sep 20, 2017) - Oando Plc shareholders from across the South-West states on Tuesday staged a protest in Ibadan, the Oyo State capital, and demanded that the company’s Managing Director, Wale...
Nigeria: (Sep 19, 2017) - Piqued by the failure of the banks to comply with an earlier directive asking them to open teller points for retail foreign exchange (FX) transactions at various locations, the Central...
Nigeria: (Sep 16, 2017) - The Central Bank of Nigeria (CBN) has urged Nigerians to take advantage of the introduction of sovereign SUKUK offer by the federal government, saying it is geared towards infrastructural...
Nigeria: (Sep 15, 2017) -     The Managing Director, The Infrastructure Bank, Mr. Adekunle Oyinloye, on Thursday called for more coordination of policies among different agencies of government...
Nigeria: (Sep 15, 2017) - The Federal Government has disclosed on Thursday that it lost over N70 billion to failed banks. The Accountant-General of the Federation, Alhaji Ahmed Idris, who made the disclosure...
Nigeria: (Sep 15, 2017) - The Central Bank of Nigeria (CBN) has expressed worry about the drop in the country’s financial inclusion growth rate. It claimed that several bank accounts had become dormant...
Nigeria: (Sep 14, 2017) -     Dangote Cement has approached South African cement producer, ( PPC ), for takeover bid, but talks are at preliminary stages, Media reported on Thursday. PPC is...
Nigeria: (Sep 13, 2017) - President Muhammadu Buhari on Tuesday in Kaduna inaugurated Africa’s biggest hatchery and feed mill constructed by Olam Grains at the cost of over 150 million dollars. Buhari,...
Nigeria: (Sep 12, 2017) - The Debt Management Office (DMO) unveiled that Nigeria’s public debt stock for both the Federal Government and the states as at June 30 stood at N19.63 trillion. The DMO, according...
Nigeria: (Sep 12, 2017) - The Asset Management Corporation of Nigeria has laughed off the suit instituted by shareholders of Arik Air against the Federal Government and Ethiopian Airlines over purported talks...
Nigeria: (Sep 08, 2017) - With all the banks in the country now having Unstructured Supplementary Service Data (USSD) codes for banking transactions, the Central Bank of Nigeria (CBN) has issued an exposure...
Nigeria: (Sep 07, 2017) - Stanel Group Chairman, Stanley Uzochukwu, Chairman of Oriental Energy Resources, Mohammed Indimi, President of Dangote Group, Aliko Dangote, Chairman of Heir Holdings, Tony Elumelu...
Nigeria: (Sep 07, 2017) - China’s new energy vehicle (NEV) industry has seen rapid growth in the past few years, with growing sales and an improved industry ecosystem, according to an industry association. Production...
Nigeria: (Sep 04, 2017) - The Federal Government has deployed 711 N-Power agricultural extension agents to Edo to boost agricultural activities in the state. The Programme Manager of the State Agricultural...
Nigeria: (Sep 04, 2017) - Total a French oil giant said on Monday that it has agreed to sell its remaining stake in a Norwegian oil field to Kuwait so that it can focus on its recent acquisition of Denmark’s...
Nigeria: (Aug 24, 2017) - Shares in Samsung Electronics ended almost unchanged on Thursday, with analysts underwhelmed by its new Galaxy Note 8 device and the company’s de-facto head facing the verdict...
Nigeria: (Aug 24, 2017) - Emerging Market Telecommunications Services Ltd.,(EMTS) trading as 9mobile former Etisalat, has informed its subscribers of some disruption in its services. The Vice President, Regulatory...
Nigeria: (Aug 24, 2017) - The Federal Government’s revenue drive has got a lift with additional $8.750 million or N2.668 billion to be derived from fresh 175,000 barrels of oil equivalent per day from...
Nigeria: (Aug 08, 2017) - Governments and businesses in developing countries must act now to ensure rapid technological advances boost rather than hinder development, a think-tank said on Tuesday. A London-based...
Nigeria: (Aug 08, 2017) -   According to reports, Google has fired a male engineer at the center of a racket in Silicon Valley after he authored an internal memo asserting there are biological causes...
Nigeria: (Aug 07, 2017) - The Bank of Industry (BoI) has disbursed a fresh N21 million loan to 438 traders in Bauchi State. The Special Assistant to Governor Mohammed Abdullahi Abubakar on Non-Governmental...
Nigeria: (Aug 04, 2017) - You can pick up on some online freelance work to help you make money online, all you need to have is a skill to sell for freelance work. If you are writer, web designer or you have...
Nigeria: (Aug 01, 2017) -   China is building the worlds deepest and Asia’s largest underground high-speed railway station. Workers are constructing the high speed railway beneath the...
Nigeria: (Jul 29, 2017) - Google’s CEO, Sundar Pichai,who was in Nigeria this week, has launched a new product that could change video streaming in Nigeria forever: the YouTube Go, cable report. YouTube...
Nigeria: (Jul 27, 2017) - Google CEO and newly appointed board member, Sundar Pichai is here in Lagos for the Google For Nigeria event which is holding presently.  The multi-millionaire techprenuer tweeted...
Nigeria: (Jul 27, 2017) - Microsoft founder Bill Gates has lost his position as the world’s richest man to Amazon chief executive officer Jeff Bezos. According to Forbes, Bezos’ net worth was...
Nigeria: (Jul 24, 2017) - The International Monetary Fund (IMF) projects that Nigeria’s economy will grow at a faster pace than the South African economy in the 2018 fiscal year. According to its World...
Nigeria: (Jul 21, 2017) - The Charge‘d Affair of Nigeria in Mali, Yara  Abdulsalam,  says an indigenous motor manufacturing company, Innoson Motors, has signed MoU with a Malian firm to export...
Nigeria: (Jul 20, 2017) - Nigeria total debt rose by N4.76tn in 2016, the Debt Management Office has disclosed. The DMO disclosed this in its 2016 Annual Report and Statement of Accounts obtained by our correspondent...
Nigeria: (Jul 18, 2017) - In continuation of its foreign exchange supply drive, the Central Bank of Nigeria (CBN) on Monday intervened in the interbank segment of the market to the tune of $195million. Figures...
Nigeria: (Jul 14, 2017) - American president of the World Bank, Jim Yong Kim stands unopposed for a second term, with an  invaluable endorsement by the US Treasury Department. In keeping with an unbroken...
Nigeria: (Jul 10, 2017) - Contrary to the common perception that lack of funding is the major cause of business failure, the Founder and Chairman of International Centre for Leadership and Entrepreneurial Development...
Nigeria: (Jul 08, 2017) - Players in the retail segment of the Nigerian inter-bank Foreign Exchange (FOREX) market received a 254.3 million dollars boost from the Central Bank of Nigeria (CBN) on Friday. The...
Nigeria: (Jul 03, 2017) - The Acting President, Professor Yemi Osinbajo, has approved the appointment of Mrs Patience Oniha as the new Director General of Debt Management Office (DMO). Minister of Finance Mrs...
Nigeria: (Jun 28, 2017) - The Government of France has on Tuesday disclosed that it has set aside about €1 billion to invest in Nigeria’s oil and gas industry, adding that Nigeria would remain its...
Nigeria: (Jun 26, 2017) -   Electricity consumers in the  Southwest zone are planning to protest  against the failure of  the power distribution companies (DisCos) to supply them with...
Nigeria: (Jun 21, 2017) - Nigeria has successfully issued her first diaspora bond in the international capital market and has raised $300 million in the process at the rate of 5.625 per cent for a tenor of five...
Nigeria: (Jun 14, 2017) - Many a time, people believe that establishing a successful business requires a huge start-up capital – a notion that has discouraged many aspiring young entrepreneurs with great...
Nigeria: (Jun 14, 2017) -   Nigeria’s total crude oil and gas export receipt from March 2016 to March 2017 stood at $2.50 billion, according to the Nigerian National Petroleum Corporation (NNPC). NNPC,...
Nigeria: (Jun 10, 2017) - As part of efforts aimed at addressing economic shocks arising from commodity price instability in Africa, the African Export-Import Bank (Afreximbank) has signed a $150 million framework...
Nigeria: (Jun 06, 2017) -     Saudi Arabia on Tuesday revoked the operating licence of Qatar Airways and ordered the airline’s offices to close within 48 hours, state media reported, as...
Nigeria: (Jun 05, 2017) - Starting up a business can be quite challenging, carving out a unique niche in the business world is even a tougher nut to crack. This is because many entrepreneurs are usually wary...
Nigeria: (Jun 05, 2017) -      Bukola Saraki Senate President has said the Senate is concerned about the high interest rates on loans, stating that lawmakers will this week discuss the issue...
Nigeria: (Jun 03, 2017) - The impact of the sustained dollar supply by the Central Bank of Nigeria (CBN) has continued to have positive effect on the foreign exchange (forex) market as the sell side of the Naira...
Nigeria: (May 30, 2017) - At a time when the price of oil in the global market is falling and the economy is receding, many oil producing nations are turning to other more lucrative ventures in order to buoy...
Nigeria: (May 29, 2017) - The Dangote Group (www.Dangote.com) said it will invest $1billion dollars in rice cultivation in five states to boost food self-sufficiency in Nigeria. The group made this known...
Nigeria: (May 29, 2017) - One of the drivers of the popular Nigerian phone retail outlet, Slot Nigeria Limited, has been arrested by the operatives of Rapid Response Squad of the Lagos State Police Command over...
Nigeria: (May 24, 2017) - OPEC and non-OPEC ministers would meet on Wednesday for informal consultations in Vienna in a last-ditch bid to agree the duration of oil output cuts. The ministers would also seek...
Nigeria: (May 24, 2017) -   Nigeria’s economy contracted for the fifth consecutive quarter by -0.52 per cent in the first quarter of this year, indicating that Nigeria is yet to exit recession. The...
Nigeria: (May 23, 2017) - Centuries ago, the feminine gender was looked upon with derision, simply an object of pleasure and amusement, someone to be seen, not heard, a second fiddle, a dispensable appendage...
Nigeria: (May 23, 2017) -   The Central Bank of Nigeria (CBN) plans to sell an undisclosed amount of dollars on Tuesday to settle a backlog of foreign exchange demand for airlines, fuel and raw material...