Business and Economy
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UBA Plc re-admitted into Foreign Exchange Market
The Central Bank of Nigeria, CBN, has re-admitted United Bank for Africa, UBA, Plc into the Foreign Exchange Market. This,…
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Akwa Ibom govt signs deal with Singapore firm on agriculture and infrastructure development
: Dennis Udoma Akwa Ibom State Government has signed an agreement with a Singaporean investor, Ashdene Associates Nigeria for infrastructure…
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Eurobonds offer succour for budget financing
As the Federal Government begins the process of borrowing from the international markets, by way of floating $1 billion Eurobonds,…
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SPDC implements 2nd LiveWIRE programme for Ogoni youths
Youths in Ogoni land are being offered another chance to start their own businesses in the second LiveWIRE programme to…
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NNPC, IPMAN pledge effective distribution of petroleum products
The Nigerian National Petroleum Corporation (NNPC) has solicited the support of the Independent Petroleum Marketers Association of Nigeria (IPMAN) towards…
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The all new Mercedes-Benz GLE, available now for immediate delivery
Mercedes-Benz has thoroughly revised its best-seller in the SUV segment. Formerly known as the M-Class, the GLE has been redesigned…
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Adeosun: Genuine exporters should be encouraged with tax reliefs.
The Minister of Finance, Mrs. Kemi Adeosun on Thursday sought the understanding of members of the private sector in the…
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Nigeria requires USD 3 trillion to fund infrastructure projects
About USD3.05 trillion will be required over the next 30 years to implement the National Integrated Infrastructure Master Plan (NIIMP),…
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Our poles did not cause electrocution, fire – Ikeja Electric Plc
Ikeja Electric Plc has denied a report that two members of the public had been electrocuted after a spark from…
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Amendment of NLNG Act will cost Nigeria over $25b – NLNG MD
Any tinkering of the Nigeria LNG (NLNG) Act of 2004 will violate bilateral agreements with international investors as well as…
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Nigeria raises N110 billion bonds to mature in 2021, 2026, 2036
The Federal Government on Wednesday, at an auction, raised N110 billion worth of bonds to mature in 2021, 2026 and…
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Investment opportunities in power, infrastructure: Fashola outlines pathway for investors
· Business men and investors must be thorough, respect the country’s laws , processes, he says · It is important…
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Oil price falls, economy groans
Despite the fall in crude oil prices, which has made it imperative for government to source for funds, experts argue…
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Climate change responsible for herdsmen/farmers clashes; Summit to resolve crisis on the way
Climate change and its devastating effects on the environment, has been blamed for the herdsmen/farmers clashes in parts of the…
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Forte Oil emphasizes dividends payment as proof of performance
Forte Oil Nigeria Plc has stressed the need for sustenance of enhanced performance and payment of dividends to its shareholders,…
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Kia Motors expands green space around production sites
• Approaches landmark five million trees planted at production facilities • Green space around manufacturing plants equivalent to 866 soccer…
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Gov. Ortom expresses interest in Biogas production…Pledges enabling environment for partners
Benue State Governor, Samuel Ortom, has expressed the interest of the state government in Biogas production saying he would constitute…
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Enelamah: We are reforming Nigeria’s business and investment environment
The Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah has said that Nigeria’s ongoing economic challenges offer an unprecedented…
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Union Bank wins ITF award for human capital development
The Industrial Training Fund of Nigeria (ITF) has announced Union Bank of Nigeria Plc. as the “Overall Best Contributing Employer…
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PHEDC loses N3 bn annually to electricity theft
CHINEDU WOSU, YENAGOA The management of Port Harcourt Electricity Distribution Company, PHEDC, over the weekend revealed that the power company…
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Shell emerges Best Exhibitor at 2016 SPE conference
Shell Companies in Nigeria (SCIN) have emerged Best Exhibitor at the 2016 Nigeria Annual International Conference and Exhibition (NAICE) of…
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Plateau harps on agricultural potentials to diversify economy
Governor Simon Lalong of Plateau State has restated his administration’s commitment to turn around the economic fortunes of the state…
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Ekere’s appointment as NDDC MD excites Akwa Ibom monarchs
Dennis Udoma, Uyo The appointment of Obong Nsima Ekere as the Managing Director of the Niger Delta Development Commission (NDDC)…
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Illegal diversion of explosives: Minister recalls federal mines officers
The Minister of Solid Minerals Development, Dr. Kayode Fayemi, has ordered the immediate recall of all federal mines officers in…
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Ikeja Electric introduces discounts on outstanding bills
Ikeja Electric Plc, Nigeria’s largest electricity distribution company, has introduced a Debt Discount initiative which provides various percentage discount options…
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