Business and Economy
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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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Imo: Abraham Nwankwo-led Financial Advisory Committee begins sitting
A financial advisory committee saddled with the task of carrying out a forensic audit and reviewing “all financial transactions”…
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Nestle Nigeria cleans up Beach to commemorate World Ocean Day
By Dapo Udom and Vivian Ihechu Lagos, June 8, 2019 As the world marked the 2019 World Ocean Day…
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Shell expands domestic gas distribution in Nigeria … targets reliable supply to industries, industrial parks and manufacturing companies in Niger Delta, Lagos and Ogun States
Shell Nigeria Gas (SNG), the country’s first and wholly-owned subsidiary of an international oil company involved in domestic gas…
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Fidelity Bank set to unveil loan product for ASPMDA
By Chinyere Joel-Nwokeoma Lagos, June 6, 2019 Fidelity Bank Plc. says it will partner the Auto Spare Parts and Machinery…
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Bayelsa Govt claims it is least indebted in South-South, but ranks 7th Nationwide
The Bayelsa government on Saturday said that it remains the least indebted among the states of the South South geopolitical…
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N/Delta group says concerns over safety of rig at OMLs 83 & 85 in Bayelsa being addressed; Withdraws ultimatum
A Niger Delta group, the Ifalibobou Revolutionary Movement, (IRM) says safety concerns over the state of an oil rig deployed…
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Negotiated settlement: MTN pays N55bn final instalment to NCC
By Chiazo Ogbolu Lagos, May 31, 2019 MTN Nigeria Plc says it has paid the sixth and final instalment of…
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Nestlé Sub-Saharan Africa innovation challenge launches in Lagos, Nigeria; ‘Innovation, key driver of economic growth’ – Alarcon, Nestlé Nigeria MD/CEO
Nestlé’s Research and Development (R&D) innovation challenge was launched in Lagos, Nigeria on Wednesday, May 29, 2019. The Sub-Saharan Africa…
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Ethiopian Airlines blames bad weather for aborted Lagos Airport landing
By Solomon Asowata Ikeja, May 29, 2019 Ethiopian Airlines on Wednesday confirmed that its ET901/29 flight made an aborted landing…
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2019 Budget: Nigerians should expect a brighter future – Udoma
The Minister of Budget and National Planning, Senator Udoma Udo Udoma, at the 2019 Budget Breakdown Session in Abuja on…
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