Business and Economy
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NDDC steps up partnership with EU on sustainable water projects
The Niger Delta Development Commission, NDDC, says it will strengthen its collaboration with the European Union, EU, through the Niger…
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I have done my best for the transport sector, Amaechi declares
By Taiye Elebiyo-Edeni Abuja, March 19, 2019 The Minister of Transportation, Chief Rotimi Amaechi, says he has done his best…
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Access Bank’s N15bn Green Bond fully subscribed — GMD
By Chinyere Joel-Nwokeoma Lagos, March 18, 2019 Access Bank Plc. said on Monday that a five-year Fixed Rate Senior Unsecured…
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Cars45 expands retail footprints with Enyo partnership
In continuation of its drive to facilitate ease of access and deliver more convenient services, Nigeria’s largest online vehicle…
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Okorocha to Ihedioha : Get sworn in before issuing directives to banks
By Victor Nwachukwu Owerri, March 15, 2019 Gov. Rochas Okorocha of Imo has cautioned the state Governor – elect, Mr Emeka…
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Konga joins Intel’s coveted partner acceleration program
Nigeria’s foremost e-Commerce powerhouse, Konga has been migrated to the Retail Accelerator Program of global technology giant Intel, thereby becoming…
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NIMASA, NLNG collaboration rescued MV ORC4 vessel …Ship owner expresses appreciation for prompt intervention
The Nigerian Maritime Administration and Safety Agency (NIMASA) has denied reports that it failed to provide assistance to a distressed…
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FMO arranges USD 162.5 million syndicated loan to Access Bank Plc
Access Bank Plc has announced that it has signed a Subordinated Syndicated Loan Agreement totaling USD 162.5 million. The facility…
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Cause of explosion at Nembe Creek Oilfields still unknown; Shut export line restarts
The cause of the March 1 explosion from an oil well No.7 within Nembe Creek oilfields remains unknown as investigation…
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Dangote Cement targets $600m annual exports to African countries … Fetes Distributors
President of Dangote Industries Limited, Aliko Dangote, has restated his Group’s commitment to Nigeria’s economic development through continuous innovation,…
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How we responded to distressed trawler off Bonny coast -NLNG
The Nigeria LNG Limited (NLNG) has denied a news story that it refused to refused to respond to a distress…
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NIMASA committed to developing Blue Economy through capacity building – Dakuku …Charges Media on Investigative Journalism
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has reiterated that the Agency…
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Shell confirms DPP’s investigation of OPL-245 deal
By Yunus Yusuf Lagos, March 1, 2019 Mr Bamidele Odugbesan, Manager, Media Communications of Shell Nigeria, has confirmed the Dutch…
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Dangote Cement sold 23.54 mt cement across Africa in 2018
By Chinyere Joel-Nwokeoma Lagos, Feb. 27, 2018 Dangote Cement Industries Plc on Wednesday said that it sold a total 23.54…
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IBOM AIR makes history; confounds critics
In a country without a National Carrier, Governor Udom Emmanuel of Akwa Ibom State has made history by launching the…
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Zenith Bank’s gross earnings drop to N630.34bn in 2018
By Chinyere Joel-Nwokeoma Lagos, Feb. 19, 2019 Zenith International Bank Plc on Tuesday became the first bank to announce its…
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Election shift: Nigeria equity market loses N196 bn in one day;
By Chinyere Joel-Nwokeoma Lagos, Feb. 18, 2019 The Nigerian Stock Exchange (NSE) on Monday reacted negatively to the sudden election…
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Costs of elections shift: Billions of Naira lost- NACCIMA; It’ll affect credit rating, portfolio investments- Economist; Students preparing for WAEC, other exams affected – NUT; It can trigger anxiety, mental health disorders – Psychiatrist, LASU VC
By NAN Reporters Feb. 16, 2019 Nigerians have been counting the costs of the postponement of the general elections earlier…
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Shell invites bid for new FPSO in Bonga
Shell Nigeria Exploration and Production Company (SNEPCo) has announced the release of Invitation to Tender (ITT) to contractors for the…
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Nigeria to boost domestic gas supply by 600mmscfd …As NNPC, JV Partners sign FID on Assa North Fields
A major step on attaining sufficiency in domestic gas supply was taken by the Nigerian National Petroleum Corporation (NNPC)…
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Alleged N170 million contract scam: EFCC clears TD staff, Zinox
The Economic and Financial Crimes Commission (EFCC), just like the Nigerian Police, has cleared Zinox Technologies Ltd., Zinox Telecoms as…
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Tech start-ups should emulate new Konga strategy – Prof. Ibidapo Obe, ex-UNILAG VC
Prof. Oye Ibidapo-Obe, a former Vice-Chancellor of the University of Lagos has advised tech start-ups to emulate the new Konga.…
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Lagos govt. threatens to shut Ladipo Market
Robert Awokuse The Lagos Waste Management Authority (LAWMA) said that it might close Ladipo Market in Mushin, till further notice,…
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