Business and Economy
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Osinbajo lauds Ugwuanyi on entrepreneurship programmes
Nigeria’s Vice President, Prof. Yemi Osinbajo has commended Governor Ifeanyi Ugwuanyi of Enugu State for his administration’s unceasing cooperation with…
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Three things you did not know about Nescafé in Central & West Africa
For over 250 years, Coffee has evolved to become part of many cultures, livelihoods, and economies around the world. According…
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Nigeria is open for business; Remains best investment destination in Africa, FG tells investors; Global Investors show support
Key foreign investors, who met at various meetings with the Nigerian Government delegation to the United Nation’s General Assembly in…
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DMO makes N96.7bn from Sept. bond auction
By Racheal Ishaya Abuja, Sept. 26, 2018 The Debt Management Office (DMO), says as part of activities for raising capital for…
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NSE: Investors move 172.19m shares worth N2.05bn
By Lilian Okoro Lagos, Sept. 26, 2018 A total of 172.196 million shares valued at N2.05 billion were traded in…
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UNGA 73: Nigeria’s economy managers engage international investors, rating agencies in New York City,
The Nigerian Federal Government delegation to United Nations General Assembly (UNGA) currently going on in New York (USA) will…
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Economic outlook for 2018 remains positive – CBN
The Monetary Policy Committee, MPC, meeting of the Central Bank of Nigeria, CBN, has risen from its meeting stating that…
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Dakuku re-elected AAMA Chairman…Says Africans deserve better share of world maritime trade ….African maritime leaders hail his re-election
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has been re-elected the Chairman…
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Konga to invest N2.9bn in K-Xpress to resolve e-commerce delivery in Nigeria
Olusiji Ijogun, Chairman of Konga, Nigeria’s composite e-commerce giants, has revealed that the company is set to invest N2.9bn in…
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Nigerian Government delegation in New York to explain economic policy initiatives, investment incentives to global investors
A Federal Government of Nigeria delegation comprising core economic ministers, the Central Bank, CBN, Governor and the Director General of…
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Nigeria Air fiasco: Foreign investors, international community won’t take Nigeria serious again — Peter Obi
Former Governor of Anambra State, Mr. Peter Obi, has expressed shock over the sudden suspension of plans by the Federal…
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Port Access Roads: Stakeholders groan as economy suffers
Lagos, Sept. 22, 2018 Some maritime stakeholders have urged the Federal Government to fast track the ongoing reconstruction of access…
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We’ve no hidden $470.5m, N8bn in commercial banks – NNPC
By Edith Ike-Eboh Abuja, Sept. 21, 2018 The Nigerian National Petroleum Corporation (NNPC) says it has no hidden 470.5…
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AMCON can’t recover N5.4trillion debt without judicial support – Justice Kafarati
The Chief Judge of the Federal High Court, Abuja Division, Hon. Justice Adamu Abdu Kafarati, has reiterated the need for…
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Abia Govt. to establish SME microfinance bank to assist SMEs – Commissioner
By Leonard Okachie Umuahia, Sep. 21, 2018 Mr Gabriel Igboko, Abia Commissioner for Small and Medium Enterprises (SMEs), says the…
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Active, retired staff of defunct PHCN receive entitlements
The 408 active staff and retirees/ Next-of Kins (NOKs) of the defunct Power Holding Company of Nigeria (PHCN) who have been…
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Bayelsa hails 2018 fiscal index report, says we’ve shamed critics
The latest report which placed Bayelsa State among the most fiscally stable states in Nigeria is a confirmation of the…
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Sale of Nigerian Security Printing & Minting Company to CBN to contribute N17 billion to economy -BPE DG
The sale of 21 percent shares of the Federal Government in the Nigerian Security Printing and Minting (NSPM) Plc to the Central…
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Nestlé and Ashoka mentor Social Entrepreneurs in Africa
Nestlé and Ashoka have kick-started a social investment accelerator program to accelerate social entrepreneurship and boost economic development of Africa, on September…
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Levy: Oyo govt. shuts Obasanjo Farms, 12 others; 13 banks too
By Akeem Abas Ibadan, Sept. 18, 2018 The Oyo State Government on Tuesday shut down Obasanjo Farms and 12 others…
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Continental collaboration key to maritime development – Dakuku — IMO, AU partner AAMA as 4th Conference commences in Egypt
The chairman of the Association of African Maritime Administrations AAMA, Dr Dakuku Peterside has restated the place of continental collaboration…
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Amaechi restates commitment to host 2018 National Council on Transportation
By Taiye Elebiyo-Edeni Abuja, Sept.16, 2018 The Minister of Transportation, Rotimi Amaechi on Sunday restated the ministry’s commitment to host…
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Insurance sector grows premiums from N75 b to over N300 b between 2005 and 2015
The Insurance Sector in Nigeria has continued to enjoy steady growth with Premiums increased from N75 billion to over N300…
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‘I must do the honourable thing and resign’ – Nigeria’s Finance Minister Adeosun (Read full text of resignation letter)
14th September, 2018 His Excellency Muhammadu Buhari President, Federal Republic of Nigeria State House Aso Villa Abuja Dear Excellency, Let me…
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