Contact   |   Home
 
  • Follow Facebook
  • Follow on Twitter
  • Follow on YouTube
Saturday, 22nd July, 2017
 Business News:
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...
Nigeria: (May 23, 2017) - Segn Awolowo, the grand son of late Obafemi Awolowo is pictured with Aliko Dangote in the billionaire's private jet. Segun is the CEO of the Nigerian Export Promotion Council (NEPC)...
Nigeria: (May 22, 2017) - The Central Bank of Nigeria (CBN) plans to sell $100 million at a special wholesale spot and forwards auction on Monday as it tries to improve dollar liquidity and ease pressure on...
Nigeria: (May 22, 2017) - Ministers from oil exporting countries have been scheduled to meet in Vienna, Austria on Thursday. The meeting is intended to discuss oil production cuts amid increased competition...
Nigeria: (May 16, 2017) - In an age where the world’s economy seem to be on a constant downward glide; where the poor are getting poorer and the rich are getting richer; where crime and terrorism seem to be...
Nigeria: (May 11, 2017) - At an auction on Wednesday, the federal government raised N110 billion worth of bonds to mature in 2021, 2027 and 2037. The bond obtained from its website of the Debt Management...
Nigeria: (May 11, 2017) - CEO Africa online TV will be hosting Engr. Yomi Oladipupo today on the programme, Meet Your African CEO. Engr. Yomi Oladipupo is the CEO, Edgewise Global Resources Limited, an ultra-modern...
Nigeria: (May 10, 2017) - Fifteen ships are discharging petroleum products and other commodities at the Lagos ports, the Nigerian Ports Authority (NPA) said on Wednesday. NPA said that the ships were...
Nigeria: (May 09, 2017) - Porting activities within telecommunications service providers increased by 20,190 in March, the Nigerian Communications Commission has said. This was contained in the Incoming and...
Nigeria: (May 09, 2017) - In spite of the economic recession that hit Nigeria in 2016, the Dangote Cement PLC (DANGCEM-NL) has continued upward, with a strong volume growth that resulted in 25.1 per cent increase...
Nigeria: (May 08, 2017) -   The Central Bank of Nigeria (CBN) is set to inject more foreign exchange through intervention segments of the market, thereby heightening expectations that the Naira will...
Nigeria: (May 08, 2017) - The first Capital Market Committee (CMC) meeting for the year 2017, begins on Tuesday in Lagos. Hundreds of regulators and operators from the Securities and Exchange Commission as...
Nigeria: (May 08, 2017) - There is no doubt that starting up a business can be challenging. Growing a successful business is even more daunting; nevertheless we cannot even begin to imagine the efforts and sacrifices...
Nigeria: (May 08, 2017) -   The Dangote Group has raised alarm over a Ponzi scheme in circulation alleging partnership between the “Dangote brand, Nestle, PZ Cussons and other reputable food processing...
Nigeria: (May 08, 2017) - The Central Bank of Nigeria (CBN) during the weekend indicated that it would sustain its foreign exchange intervention into various segments of the market, thereby heightening expectations...
Nigeria: (May 05, 2017) -   The Consumer Protection Council (CPC) has urged Nigerians  to be wary of  some new  and unregistered products being introduced into markets, saying many of...
Nigeria: (May 05, 2017) - The Central Bank of Nigeria (CBN) has readmitted Stanbic IBTC and Keystone Bank into the spot and wholesale forwards segment of the FX market after they were able to provide evidence...
Nigeria: (May 04, 2017) - Researches have revealed that the average human has about 50, 000 to 70, 000 thoughts per day and about 35 to 48 thoughts per minute. With this incredible number of thoughts we have...
Nigeria: (May 03, 2017) - South African telecommunications firm, MTN has explained that the severance of the 280 workers in Nigeria was a fallout of MTN’s Voluntary Severance Scheme designed to balance...
Nigeria: (May 03, 2017) - The Central Bank of Nigeria (CBN) on Tuesday, barred about 15 commercial banks from dealing in foreign exchange through the recently created small and medium enterprises, SMEs wholesale...
Nigeria: (May 02, 2017) - The Minister of Finance, Mrs. Kemi Adeosun, said on Monday that the federal government has commenced payment into the Excess Crude Account (ECA). Adeosun said that for the first...
Nigeria: (May 02, 2017) - About 280 staff of MTN Nigeria have been relieved of their jobs by the South African telecommunications firm. Information has it that it was a voluntary exercise based on an agreement...
Nigeria: (May 01, 2017) - There is no doubt that African economy is fast becoming one of the fastest growing economies in the world as the continent has over the decades broken bounds in areas such as industry,...
Nigeria: (Apr 27, 2017) - Every living being dreams, hopes and aspires to earn fame and fortune during his/her lifetime. That explains why many are in an enthusiastic race to make their desired fortune –...
Nigeria: (Apr 27, 2017) - I know a lot of entrepreneurs out there that go through hell with hiring the perfect kind of employee who is loyal, creative, dedicated and smart. Unfortunately, the problem of not...
Nigeria: (Apr 26, 2017) - Nigeria’s equities market extended gaining streak yesterday to a tune of N26 billion, riding on the new directive of the Central Bank of Nigeria (CBN) on opening a new foreign exchange...
Nigeria: (Apr 26, 2017) - The Kebbi State Government has said it has recouped close to N1 billion of the CBN Anchor Borrowers’ Programme loan from 78,500 farmers. The State Deputy Governor, Alhaji Samaila...
Nigeria: (Apr 26, 2017) - The Alliance for Affordable Internet (A4AI) has ranked Nigeria third in its Africa internet Affordability Drivers Index, out of 27 countries studied by the group. The Africa Regional...