Business and Economy
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Retail SMIs get $262.5m CBN boost
In its first Retail Secondary Market Intervention Sales (SMIS) for the year, the Central Bank of Nigeria (CBN) on Friday,…
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Nigerian economy to retain N20bn annually through local C-Checks on Boeing aircraft – Minister
By Adekunle Williams and Solomon Asowata Sen. Hadi Sirika, Minister of State for Aviation, on Friday said the Nigerian economy…
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With N14b on offer, Western Lotto raises stakes with Powerball Max
Gaming and entertainment firm Western Lotto Nigeria Limited has raised the stakes in the gaming business in Nigeria with the…
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FG to involve more Nigerians in meter manufacturing – Fashola
By Raji Rasak The Minister of Power, Works and Housing, Mr Babatunde Fashola on Thursday said the Federal Government had…
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BPE assures Nigerdock Plc of help to realise its full potentials
Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has assured the Board and management of…
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Customs appoints 3 officers, redeploys 8 to reposition Service for greater efficiency
By Suzzy Tolofari The Comptroller-General of Customs (CGC), retired Col. Hameed Ali has approved the appointment of three officers in…
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Infotech Security: Diamond Bank wins British Standard Institute award
By Chinyere Joel-Nwokeoma Diamond Bank has been awarded an ISO/IEC 20000-1:2011 certification by the British Standard Institute (BSI) Group. The…
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Prof. Iwu, Stan Ekeh, others team up for Imo’s development
Prof. Maurice Iwu, former Chairman of the Independent National Electoral Commission (INEC), Leo Stan Ekeh, serial digital entrepreneur and Chairman,…
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Kachikwu debunks reports on plans to increase fuel price
Minister of State for Petroleum Resources, Dr Emmanuel Ibe Kachikwu, has denied news reports that the Federal Government was planning…
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NNPC records N85.5 billion loss on petrol importation, says Kachikwu
Naomi Sharang The Minister of State for Petroleum Resources, Dr Ibe Kachikwu on Thursday said the Nigerian National Petroleum Corporation,…
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NPA sympathises with Tin Can Port fire victims
By Aisha Cole The Management of the Nigerian Ports Authority (NPA) has sympathised with those affected by the fire which…
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Sirika explains delay in completion of Abuja airport new terminal
By Sumaila Ogbaje The Minister of State for Aviation, Sen. Hadi Sirika, has explained that completion of the new terminal…
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Kia Motors posts global sales of 226,842 vehicles in December
Kia Motors Corporation announced its December 2017 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording…
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2018 budget: Financial expert urges FG to work with NASS on early passage
By Chinyere Joel-Nwokeoma A financial expert, Prof. Sheiffdeen Tella, on Monday called on the Federal Government to work closely with…
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2018: Obi calls for declaration of state of emergency on economy •Wishes Nigerians a productive year
The former Governor of Anambra State, Mr. Peter Obi, has called for a declaration of state of emergency on the…
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DPR forces filling stations to sell fuel at N145 in Gombe; State NARTO Chairman: There’s no fuel at the depot; our trucks are lying idle in Lagos
The Gombe State field office of the Department of Petroleum Resources (DPR) has forcefully supervised the sale of fuel at…
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HYPREP commences implementation of UNEP Report … Says it’s not for sharing of money
David Amusa, Port Harcourt The Hydrocarbon Pollution Remediation Project (HYPREP), an agency charged with the implementation of the UNEP report…
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Obi seeks Government support for Innoson, other indigenous manufacturers; Calls for intervention to resolve transaction crisis between company, GTB
Former Governor of Anambra State, Mr. Peter Obi, has appealed to all tiers of Government to make the Innoson brand…
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Nigerians won’t go into New Year with petrol scarcity – NNPC vows
By Ismaila Chafe The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has vowed that Nigerians…
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Nestle crosses N1, 500 to close 2017 at N1, 555.99
By Chinyere Joel-Nwokeoma Transactions for the last trading day for 2017 on the Nigerian Stock Exchange (NSE) recorded an upward…
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Archbishop calls for end to petrol importation
The Federal Government has been urged to initiate genuine measures to resuscitate the nation’s refineries to produce optimally to meet…
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Bauchi State Govt. budgets N168bn for 2018 fiscal year
By Huseyn Abubakar Mbar Gov. Mohammed Abubakar of Bauchi State on Thursday presented N168 billion budget for 2018 fiscal year…
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A’Ibom Govt. denies presenting over bloated budget for 2018
By Isaiah Eka The Akwa Ibom Government says its 2018 budget is not “over bloated” as being speculated by Policy…
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Oil hits approximately $67 on Libyan pipeline blast
Oil prices have touched two-and-a-half year highs in light volume boosted by an explosion on a crude pipeline in Libya…
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Rivers State Government, Shell Nigeria Gas sign MoU on gas supply to industries
The Rivers State Government and Shell Nigeria Gas (SNG) have signed a Memorandum of Understanding (MoU) for the distribution of…
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