Business and Economy
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Aiteo’s OML 29 suit: Court declines application to stay hearing
A Federal High Court sitting in Yenagoa on Friday declined to halt proceedings in the ongoing litigation by Nembe Communities,…
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Obiora assumes duty as new Central Bank of Nigeria Deputy Governor
ABUJA Dr. Kingsley Isitua Obiora has formally assumed office as Deputy Governor of the Central Bank of Nigeria (CBN), replacing…
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U.S. based Nigerian group pledges $4bn investments to resuscitate Nigerian economy
By Sumaila Ogbaje Abuja, March 2, 2020 The Nigerian American Business Forum (NABF), a group of U.S-Based accomplished Nigerian professionals,…
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New York state records 1st Covid-19 as U.S. confirms 2nd death
Washington, March 2, 2020 Officials on Monday reported the second death in the United States from the Covid-19 disease, at…
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#NigeriaOnTheMove: A $2 billion boost from the World Bank By Denise Williams
The World Bank produced a report after a diagnostics to access the overall gaps in Nigeria’s economic framework in tech.…
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Nigeria records first case of COVID-19
By Cecilia Ologunagba Abuja, Feb. 28, 2020 The Federal Government has confirmed recording the first case of the new…
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Dangote Cement pays N16 per share dividend; records growth in Pan African
Dangote Cement Plc investment across Africa is bearing the desired results as Pan-African sales volume grew in the year 2019,…
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Oil workers bemoan nonpayment of terminal benefits 10 years after sack by ExxonMobil
Some 70 members of Petroleum and Natural Gas Senior Staff Association (PENGASSAN) on Monday lamented the nonpayment of their severance…
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Dangote boosts south East economy with N63billion investment in Anambra Motor Manufacturing Company (ANAMMCO)
LAGOS, Nigeria, February 25, 2020 Dangote Group (www.Dangote.com) has in the last five years invested over N63bn in the South…
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CBN clarifies operation of Domiciliary Accounts
The Central Bank of Nigeria (CBN) has formally clarified issues surrounding the operations of domiciliary accounts in Nigeria. Making the…
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Third winner of Konga Rolls Royce promo emerges, set for ride to airport Monday
Konga Travel and Tours, which was recently named Most Innovative Agency by global airline, Virgin Atlantic, has disclosed the identity…
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Zenith Bank reaffirms market leadership as PAT crosses N200Billion mark
In a clear show of its resilience and market leadership, Zenith Bank has announced an impressive result for the year…
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Nigerian film ‘Eyimofe’ lands international sales deal
By Anita Eboigbe Abuja, Feb. 20, 2020 ‘Eyimofe (This is My Desire)’, a Nigeria-America co-production has landed a sales representation…
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I never expected this VIP treatment – Mrs. Iwara, 2nd winner of Konga Travel Rolls Royce promo, Receives special gift, lounge access
‘‘For me to be selected as the rightful winner of this Rolls Royce promo, God will replenish whatsoever Konga Travel…
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NNPC, JV partners disburse $360m for Ogoni Clean-up
By Edith Ike-Eboh Abuja, Feb. 17, 2020 The Nigerian National Petroleum Corporation (NNPC) and its Joint Venture Partners have disbursed…
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Disclose spending of recovered Abacha loot since 1999 in 7 days, SERAP tells FG
Socio-Economic Rights and Accountability Project (SERAP) has asked the Federal Government to “disclose within 7 days of the receipt and/or…
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Transporters Day: Nestlé Nigeria meets with top logistics companies
By Emmanuel Afonne Abuja, Feb. 15, 2020 Nestlé Nigeria PLC says it will continuously drive product availability in the marketplace…
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UNGA President canvasses inclusive agric policies to end hunger
By Harrison Arubu United Nations, Feb. 12, 2020 President of the United Nations General Assembly, Amb. Tijani Muhammad-Bande, on Wednesday…
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Denise Williams, Eme Essien, Isabel Neto, Jackie Ugowe, others discuss digital economy for Nigeria
A World Bank-backed panel discussion on “Nigeria’s digital transformation journey: what will it take?” will be holding on Wednesday, February…
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Tony Elumelu Foundation disburses first tranche of $5m partnership commitment from African Development Bank • AfDB joins TEF Programme catalysing entrepreneurship across Africa
Tony O. Elumelu, CON, has congratulated the African Development Bank (AfDB), and AfDB President Akinwumi Adesina, on their commitment to African…
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Zenith Bank promotes women empowerment with Z-Woman
Nigeria’s leading financial institution, Zenith Bank Plc has introduced a new product, Z-Woman, which is focused on empowering female business…
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Forex: CBN injects $218.41m, CNY 18m into retail secondary market
By Mustapha Sumaila Abuja, Feb. 8, 2020 The Central Bank of Nigeria (CBN) has injected the sum of 218.41 million…
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Konga reacts to inclusion as only e-commerce brand in global top 20 brands to watch in 2020
The Management of e-commerce giant, Konga, has underlined its determination to continually take the lead in elevating standards, improving customer…
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Buhari, PM Johnson agree on common future for Commonwealth – Presidency
By Ismaila Chafe Abuja, Feb. 3, 2020 The Presidency says the stage is set for a new trade regime between…
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Nestle Nigeria aims to collaborate with Federal Government to boost Agriculture
A News Analysis by Peter Ejiofor, News Agency of Nigeria (NAN) The quest by Nestle Nigeria Plc to continue…
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