Business and Economy
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NLNG, LCCI promote breakthrough in electric power in Nigeria
Nigeria LNG Limited and the Lagos Chamber of Commerce and Industry (LCCI) Wednesday called for more efforts in finding solutions…
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Why NLNG is funding The Nigeria Prize for Science – General Manager, External Relations
Remarks by Mrs Eyono Fatai-William, General Manager, External Relations, Nigeria LNG Limited, at the Business Interactive Workshop between Members…
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Shell, other IOCs take on pioneer students of Rivers University Centre of Excellence in offshore engineering
Pioneer students of The Shell Petroleum Development Company of Nigeria Limited (SPDC JV)-sponsored Centre of Excellence in Marine and Offshore…
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Konga cuts losses, grows by over 800%
Konga, foremost composite E-Commerce giant, has creatively cut losses and grown its turnover by over 800 per cent, further fueling…
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Gov. Ugwuanyi prohibits activities of IPMAN in Enugu State
Enugu State Governor, Rt. Hon. Ifeanyi Ugwuanyi has issued an Executive Order prohibiting the activities of Independent Petroleum Marketers Association…
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Retail SMIS gets $298.71m, CNY39.69m boost
ABUJA The Central Bank of Nigeria (CBN) says it has made another intervention in the retail Secondary Market Intervention Sales…
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Zenith Bank introduces free banking for senior citizens
Zenith Bank Plc has introduced the Zenith Timeless Account, which allows Nigerians aged 55 years and above to enjoy free…
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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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