Business and Economy

Fashola advocates movement of cargo by rail to save nation’s roads, says seeds of recession sown by failure of previous administration to pay contractors for two to three years

· As Minister inspects rehabilitation of access road to Apapa/Tin Can Island Port – NNPC Depot (Atlas Cove) including the…

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Fashola inspects rehabilitation of access road to Apapa/Tin Can Island Port – NNPC Depot (Atlas Cove), Lagos

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Access Bank is Nigeria’s Best Bank, Wigwe Bank CEO of the Year

Access Bank Plc has emerged the best bank in Nigeria for the year 2016. The announcement was made by the…

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Conoil 2015 profit rises by 176% ….Boosts shareholders dividend by 200%

The long awaited result of Conoil Nigeria plc which was released on Thursday to the Nigerian Stock Exchange (NSE), has…

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Access Bank wins CIBN’s Best Bank Academy Award

Access Bank School of Banking Excellence has won the Chartered Institute of Bankers of Nigeria (CIBN) Award for the Best…

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Federal Government not importing ‘poisonous’ rice, says Presidency

The Federal Government has described attempts by unscrupulous individuals on social media linking the government and Dangote group with a…

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Mining: Fayemi woos foreign investors with three years tax holiday, others

The Minister of Mines and Steel Development, Dr Kayode Fayemi, on Wednesday offered prospective investors in the Nigerian mining sector…

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Amaechi delivers keynote speech on economic crime at Cambridge University symposium Says “Economic crime is global problem that can only be effectively tackled through global collaboration and partnership”

Nigeria’s Minister of Transportation, Chibuike Rotimi Amaechi has said economic crime can better be tackled if countries partner each other…

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Fayemi to address investors at ADU, Australia

The Minister of Mines and Steel Development, Dr Kayode Fayemi, will be discussing investment opportunities in the Nigerian mining sector…

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Ikeja Electric launches ‘Live Chat’ for instant response to customer complaints ….Launches “Do-It-Yourself” POS points

In line with its commitment to improve customer experience and further promote excellent service delivery, Ikeja Electric PLC, Nigeria’s largest…

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President Buhari assents to Federal Capital Territory Appropriation Act 2016

The Senior Special Assistant (SSA) to the President on National Assembly Matters, Senator (Dr) Ita Enang, has confirmed that the…

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Nigeria’s economic collapse? – Innoson Motors shuts down production over dollar scarcity

A major vehicle assembly plant in Nigeria, the Innoson Vehicle Manufacturing (IVM), is shutting production due to the harsh economy…

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Abia development: Ikpeazu visits World Bank, seeks partnership; Meets British High Commissioner, Infrastructure Bank team

Abia State Governor, Dr Okezie Ikpeazu, has met with the Country Director of the World Bank in Nigeria, Rachid Benmessaoud,…

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Nigeria’s economy growth rate may still beat IMF prediction

As emphasis on capital expenditure by the Federal Government begins to yield positive results with investment/GDP ratio increasing, the GDP…

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SPDC JV trains more youths on power plant operations

The Shell Petroleum Development Company (SPDC) operated Joint Venture has trained 15 engineering graduates from host communities of the Afam…

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Stakeholders laud UBA Q2 PAT growth of 281% y/y

Shareholders of the United Bank for Africa (UBA) Plc have lauded the bank’s second quarter result for the period ended…

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Zinox secures $25m funding to rollout Digital Hubs, to employ over 500 Nigerians

As part of efforts to generate creative employment and increase the share of contribution from the Information and Communications Technology…

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Access Bank sustains positive market reactions following first half 2016 audited financial result

Following the release of Access bank’s second quarter result on August 19 2016, a cross section of market analysts have…

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Airtel announces partnership with Genesis to offer customers free access on Naij.com, Jiji.ng

Leading telecommunications services provider, Airtel Nigeria, has announced a strategic partnership agreement with Genesis (www.gen.tech), leading global mobile Internet company,…

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FG, States and LGs share N493.828 billion for month of July 2016

A total of N493.828billion has been shared as Federal Allocation for the month of July 2016 by the Federal Government,…

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