Business and Economy

Dangote debunks proposed 10-Year Tax Holiday story

The Management of Dangote Group on Monday debunked a story alleging that the company will benefit 10-year tax holiday after…

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Director General, Bureau of Public Enterprises, Mr. Okoh, rings closing bell at Nigerian Stock Exchange

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Skye Bank charges students on savings culture, diligence…rewards rainbow essay competition winners

  Skye Bank Plc., has charged the Nigerian child to imbibe the savings culture early in life to secure their future,…

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Shell launches NXplorers Education Initiative in Nigeria

Shell has launched its global education initiative, NXplorers, in Nigeria, in the latest effort to inspire young people to find…

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Overland Airways increases frequency on Akure-Abuja route from October 3, 2017; More options offer flexibility for Akure, Ekiti passengers; Airline commits to development of remote economies

Overland Airways, Nigeria’s frontline scheduled and charter airline, has increased its flight frequency on the Akure-Abuja route from three times…

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NDDC charges design and project supervision consultants to keep to standard

  David T.J. Amusa, Port Harcourt   The Niger Delta Development Commission (NDDC) has charged its design and project supervision…

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What NLNG is doing to transform Nigeria into the reality of our dreams – Dr. Eresia-Eke

REMARKS BY DR KUDO ERESIA-EKE, GENERAL MANAGER, EXTERNAL RELATIONS, NIGERIA LNG LIMITED, ON THURSDAY 28TH SEPTEMBER, AT NEWS EXPRESS 5TH…

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Budget Ministry targeting October for 2018 Budget presentation

  The Ministry of Budget and National Planning is in the process of finalizing the 2018 Budget proposals preparatory to…

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Protea Hotels by Marriott strengthens footprint in Nigeria

The 90-room hotel, developed by African Capital Alliance, a leading investment firm, and Kunoch Limited, is located in Owerri city,…

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CBN’s MPC retains MPR at 14.0%; CRR at 22.5%; Liquidity Ratio at 30.0%

The Central Bank of Nigeria, CBN’s, Monetary Policy Committee, MPC, has risen from its two day meeting with the decision…

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FG released N336b capital funds to MDAs in Q1 2017

The Federal Government has, to date, released N336 billion from the 2017 Budget to Federal Ministries, Departments and Agencies, MDAs,…

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BPE’s current initiatives aimed at positively impacting Nigerian economy – DG, Okoh

The current initiatives of the Bureau of Public Enterprises (BPE) are aimed at positively impacting the Nigerian economy in areas…

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FOREX: CBN opens week with $195m ahead of MPC decisions

The Central Bank of Nigeria (CBN) on Monday, September 25, 2017, boosted the FOREX market by offering a total of…

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Stakeholders endorse SNEPCo’s Global Nigeria Forum

Public and private sector players in the Nigerian oil and gas industry have described the annual Global Nigeria Forum (GNF)…

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Apapa gridlock: Stay away from Lagos for now, Govt orders truck owners …Says order to subsist pending clearing of traffic spillover …Attributes bottleneck to breakdown of operations at Ports …Deploys RRS, LASTMA, LASEMA to enforce directive at State borders

Worried by the recent traffic bottleneck that has taken over Apapa and its environs, the Lagos State Government on Friday…

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Africa is the next maritime investment haven – NIMASA DG …Charges African countries to develop maritime infrastructure

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that with the potentials…

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NNPC begins prospecting of hydrocarbon in Sokoto Basin

The Nigeria National Petroleum Cooperation (NNPC) said it has started the process that will lead to the exploration of oil…

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Nigeria exited recession in Q2 of 2017

  Contrary to reports in some sections of the media on Tuesday that Nigeria’s economy will finally be out of…

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Dangote begs public to help monitor truck drivers …sets up hotline for reports

    The Management of Dangote Industries Limited (Dangote Group) has issued a passionate appeal to members of the public…

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Forex: CBN goes tough on Banks …floods market with $545m

 The Central Bank of Nigeria (CBN) on Monday, September 18, 2017, threatened to sanction any Deposit Money Bank (DMB) in…

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Dangote endorses FG’s debut Sukuk offer

Nigeria’s foremost entrepreneur and Africa’s richest man, Aliko Dangote, has described the debut N100bn Federal Government of Nigeria Sukuk offer…

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SERAP to Saraki: Tell Nigerians if it’s true that a Senator gets over N3bn yearly

  Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President Dr Bukola Sakari to “urgently explain to Nigerians…

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Revenue performance: Federal Government commends NIMASA …Finance Minister, AGF acknowledges Agency’s increased contribution to CRF.

The Federal Government through the Ministry of Finance and the Office of the Accountant-General of the Federation has commended the…

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