Business and Economy
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We spent N23 bn in 13 yrs on development of our host communities in Bayelsa- Shell
The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Wednesday said it has spent over N23 bn in development…
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Airtel Africa drops by 9.99% on second day after listing
By Chinyere Joel-Nwokeoma Lagos, July 10, 2019 Airtel Africa shares dropped by 9.99 per cent on the Nigerian Stock Exchange…
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Airtel Africa lists on NSE, promises value creation
By Chinyere Joel-Nwokeoma/Florence Onuegbu Lagos, July 9, 2019 Airtel Africa Plc on Tuesday listed on the Nigerian Stock Exchange (NSE),…
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Our pipelines grossly inadequate to move gas around – Nestoil boss
By Yunus Yusuf Lagos, July 7, 2019 Mr Chukwuemeka Umeh, the Executive Director of Nestoil Group, has said that the…
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Nigeria’s Air Peace receives rousing reception at Dubai Airport; Peter Obi, other VIPs on board flight
By Solomon Asowata Dubai (UAE), July 6, 2019 Nigerian carrier, Air Peace, got a rousing reception at the Sharjah International…
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Fidelity Bank partners PwC on SME funding
By Chinyere Joel-Nwokeoma Lagos, July 3, 2019 Fidelity Bank Plc is collaborating with PricewaterhouseCoopers (PwC) to provide funding for Small…
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Aiteo urges FG to curtail crude oil theft
By Edith Ike-Eboh Abuja, July 2,.2019 Aiteo Eastern Exploration and Production Company has called on the Federal Government to put…
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200 Abia maize farmers to benefit from CBN Anchor Borrower Programme, says bank official
Leo Okachie Umuahia, June 27, 2019 The Central Bank of Nigeria (CBN) has approved a loan facility for at least…
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Lagos-Ibadan Railway project cost $1.58bn – FG
By Lucy Ogalue Abuja, June 26, 2019 The Permanent Secretary, Federal Ministry of Transportation, Mr Sabiu Zakari, says the total…
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Prices crash at Konga for 7th Anniversary
Nigeria’s composite e-commerce giant, Konga has crashed prices to celebrate its 7th anniversary. The company has unveiled massive discounts up…
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Interim report alleges ex-Gov. Yari misappropriated over N250 billion
By Abubakar Ahmed Gusau, June 24, 2019 A Transition Committee set up by Gov. Bello Matawalle of Zamfara has alleged…
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Kwara eyes N200bn CBN funds for ‘innovation hubs’ * AbdulRazaq directs DPMs to run LGs
Kwara State would benefit from the N200bn funds the Central Bank of Nigeria, CBN, has set aside to promote innovative…
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AIB investigates Air Peace flight incident at Port Harcourt Airport
By Solomon Asowata Lagos, June 22, 2019 The Accident Investigation Bureau (AIB) has dispatched a team to investigate the incident…
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N/Delta: We have supported 6,659 entrepreneurs in Bayelsa, Delta – Shell
The Shell Petroleum Development Company (SPDC) says it has raised some 6,659 entrepreneurs from its gas fields in Bayelsa and…
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CBN faults Business Day report on Bank’s finances
The attention of the Central Bank of Nigeria (CBN) has been drawn to the lead story in the BusinessDay newspaper of…
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CBN again injects $210 million into Forex Market
ABUJA – The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign…
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IBOM AIR: Testimonies from Anietie Usen’s Facebook wall
FLYING IBOM AIR ✈🚀✈🚀✈🚀✈🚀 Two weeks after it began business, I flew Ibom Air today. I did not plan to.…
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A’Ibom Govt seeks FG’s approval to commence Ibaka Deep Seaport
By Isaiah Eka Uyo, June 14, 2019 The Akwa Ibom Government is waiting for Federal Government’s approval to commence construction…
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Why Nigeria is yet to achieve economic diversification – Abraham Nwankwo
Abimbola Johnson The paradox of a federal state with a unitary economic management model has been cited as a major…
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Vice President Yemi Osinbajo commissions Techno Oil LPG Cylinder Manufacturing Plant in Lagos
Techno Oil LPG Cylinder Manufacturing Plant formally commissioned its Cylinder Plant at its premises along the Lekki Epe Expressway, on…
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CBN injects $210 Million into Forex Market
ABUJA – The interbank segment of the Foreign Exchange Market has received a boost of $210 million from the Central…
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NPA approves 10% discount on vessels calling at Eastern ports
By Aisha Cole Lagos, June 11, 2019 The Management of the Nigerian Ports Authority (NPA) has approved a 10 per…
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