Business and Economy
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There must be deliberate efforts to correct misconceptions concerning privatisation, commercialisation programme – Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed has decried the misconceptions on the Federal Government’s Privatisation and Commercialisation…
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Oil blocs: Clark wants more allocation for Niger Delta indigenes
An elder statesman, Chief Edwin Clark, has urged the Federal Government to open up the existing platforms and frameworks to…
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E-Commerce and the Nigerian Amazon
For long muted on Wall Street, the signal is now clear. Amazon, global e-commerce giant, is on the verge of…
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FG advised to revoke ‘illegal’ sale of Nigeria Airways to Arik
The Federal Government has been advised to revoke the “illegal sale” of Nigeria Airways assets to Arik Air. The Secretary…
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NNPC dismisses rumour of pending N36bn royalty to Alesa-Eleme community
By Kingsley Okoye The Nigerian National Petroleum Corporation (NNPC) has dismissed insinuation of an approved N36 billion compensation, said to…
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Forex: CBN sells $331.41m at SMIS
In continuation of its push to guarantee foreign exchange liquidity, the Central Bank of Nigeria (CBN) on Friday, June 1,…
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Poverty reduction: Dangote tasks private sector on women empowerment … lifts 13,000 women in Nasarawa
President of Dangote Group, Aliko Dangote has urged private sector operators and Government at all levels to adequately empower women…
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CBN sustains FOREX market intervention
The Central Bank of Nigeria (CBN), on Wednesday, May 30, 2018, again sustained its supply in the inter-bank Foreign Exchange market…
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Emefiele visits First Bank, UBA, Zenith, inspects dollar sales
By Racheal Ishaya Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), on Monday paid an unannounced visit to First…
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Technological changes, emerging paradigm shift in global energy landscape: Threats and opportunities for developing countries By Prof Chijioke Nwaozuzu
The evolution of the global energy sector provides opportunities as well as challenges for countries whose economies are largely dependent…
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“We’re active in Delta State,” Shell …Targets youths, communities in robust community development portfolio
The Shell Petroleum Development Company of Nigeria Limited (SPDC), operator of the SPDC Joint Venture, has restated its active…
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Konga Me: A new universal language
If there is one thing Nigerians are united on, it is the preference for quality products and an abhorrence for…
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SPDC contains leaks on Trans Ramos Pipeline …prepares for final phase of JIV
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has confirmed four leak points on its 24” Trans Ramos…
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Forex: CBN floods market with $100m … To get tough with erring banks … To pump more forex into market
In an apparent move to safeguard the interest of customers seeking to purchase foreign exchange for personal obligations and checkmate…
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Kaduna senators caution banks against granting loan to state govt
By Cecilia Ijuo The three senators representing Kaduna State in the National Assembly have advised local and foreign banks…
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Nestle shareholders laud N21.79bn dividend for 2017
By Chinyere Joel-Nwokeoma Nestle Nigeria Plc shareholders on Tuesday approved a final dividend of N21.79 billion recommended by the company…
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15 revenue-generating agencies fail to account for N8.1t under Jonathan – Minister
The Minister of Information and Culture, Alhaji Lai Mohammed, has said 15 revenue generating agencies of the federal government failed…
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SPDC JV spends N14.85 billion on GMoUs in Rivers State
A total of N14.86 billion has been invested by the Shell Petroleum Development Company of Nigeria Ltd (SPDC) operated Joint…
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CBN lifts Retail SMIS with $293m
The Central Bank of Nigeria (CBN) on Friday, May 18, 2018 lifted the Retail Secondary Market Intervention Sales (SMIS)…
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Dangote visits IBB at his uphill residence; Foundation empowers women with N250m in Niger
By Rita Iliya Business Mogul and President of Dangote Group, Alhaji Aliko Dangote, on Thursday visited Former Military President,…
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President Buhari’s administration is pro-private business – Lai Mohammed; Benefits of privatisation not yet fully appreciated – Okoh, BPE DG
Minister of Information and Culture, Alhaji Lai Mohamed has declared that the President Muhammadu Buhari’s administration is pro-private business and…
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Shell Nigeria Gas boosts domestic gas distribution capacity by 150%
Shell Nigeria Gas (SNG) Limited has increased its domestic gas distribution capacity by 150% over the last six months. The…
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Metropolitan Networks promises cutting- edge IT solutions in Nigeria
United Kingdom-based Information and Technology firm, Metropolitan Networks, is entering Nigeria with a promise to offer cutting edge solutions. Founded…
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Nestle launches global initiative to help children lead healthier lives; “Nestlé for Healthier Kids” to help 50 million children lead healthier lives by 2030
On the United Nations International Day of Families, Nestlé announced its global “Nestlé for Healthier Kids” initiative. The program includes…
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Forex: Inter-Bank sector gets $210m
In another round of intervention, the Central Bank of Nigeria (CBN) on Tuesday, May 15, 2018, injected the sum of…
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