Business and Economy
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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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Boko Haram: Zenith Bank gives 50 more orphans scholarships to celebrate Gov. Shettima’s birthday… Pays 9-year school fees upfront
Zenith Bank Plc has offered scholarships to another set of 50 children orphaned by Boko Haram insurgency to celebrate the…
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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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Facebook CEO visits Nairobi to see Kenyan innovation in action
Facebook CEO Mark Zuckerberg is visiting Kenya this week on his first trip to Africa, using his time in the…
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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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Buhari’s quest for emergency economic powers By Jideofor Adibe
Since Reuters broke the news on August 22 2016 that the government would be seeking emergency powers to enable it…
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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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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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