Business and Economy
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Lagos rakes in N101.69bn in First Quarter of 2016 …Declares N4.85bn surplus revenue …Partners Japanese agency on N300bn Marina-Ikoyi-Lekki monorail project
The Lagos State Government generated a total revenue of N101.69bn in the first quarter of 2016 out of which a…
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Airtel unveils flagship Expo Centre in Lagos
Leading telecommunications services provider, Airtel Nigeria, has commissioned its Expo Centre, a fully automated service hub located at 47, Adeola…
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FG set to borrow $527.9m in bonds, May 11 – DMO; as CBN rakes in N150.6bn in Treasury bills sale
Federal Government is planning to borrow the sum of ($527.9m) representing N105bn in local currency denominated bonds on May 11,…
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Red Star Express appoints new EDs, MDs for subsidiaries
In its bid to offer more comprehensive logistics solutions that will enhance clients’ optimal satisfaction and reposition the brand to…
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Sokoto Govt, Bank of Industry float N2b industrial development fund
Sokoto state government has signed a Memorandum of Understanding with the Bank of industry, BoI, for the establishment of a…
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Lagos targets 25 per cent increase in food supply by 2019 …Says MoU with Kebbi on rice production on course
Lagos State Commissioner for Agriculture, Mr. Toyin Suarau on Tuesday reiterated the resolve of the State Government to increase the…
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The 2016 Dodge Durango: Available for immediate delivery – Weststar
The all new Dodge Durango is back with its latest innovations. Dodge is known to never compromise power for fuel…
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Obijackson Group showcases Nigeria’s potentials at Offshore Technology Conference in America
The Obijackson Group, one of the fastest growing conglomerates in Sub-Saharan Africa, has stated that it is attending the Offshore…
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NLNG restates commitment to the Niger-Delta
Nigeria LNG Limited (NLNG), Thursday, at a public hearing called by the Federal House of Representatives Committee on Gas Resources,…
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GTBank holds Autism Awareness Programme in Ogun State
Foremost financial institution, Guaranty Trust Bank plc, has extended its annual One-on-One consultation for children with Autism and other developmental…
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Access Bank drives turnover volume; as Zenith, others boost NSE market capitalisation
The market capitalisation of the Nigerian Stock Exchange (NSE), Tuesday rebounded by N20 billion due to moderate gains posted by…
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Shell quits three oil blocks; Records $365m loss to crude oil theft
Shell Petroleum Development Company of Nigeria Limited (SPDC), which is the operator of the SPDC joint venture, divested interest in…
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Access Bank grows 2016 Q1 profit by 42% to N19.4bn
Access Bank Plc has announced its unaudited results for the period ended 31 March 2016, showing 42% increase in Profit…
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FG needs $700m to upgrade refineries – Kachikwu
Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has disclosed that the Federal Government needed $700 million to upgrade…
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States’ debt deferral won’t harm creditors – FG assures
Federal Government, Sunday, insisted that its decision to defer the debts owed by states from the bailout they received last…
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Nigeria derived no benefit from previous devaluations of the Naira – President Buhari
President Muhammadu Buhari insisted Friday in Abuja that he was yet to be convinced that the vast majority of ordinary…
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Boosting electricity power supply in Nigeria BY UCHE ANEKE
The administration of President Muhammadu Buhari has in recent times faced criticisms by some Nigerians who engage in a debate…
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PETAN commends Shell’s leadership in Nigerian content …as new executive visits SNEPCo MD
The Petroleum Technology Association of Nigeria (PETAN), a foremost association of indigenous service companies has commended the pioneering role of…
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GT Bank posts N25bn PBT Q1 2016
Guaranty Trust Bank plc has released its unaudited financial results for the first quarter ended March 31, 2016 to the…
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Zenith Bank posts N27bn PAT in Q1 2016
Zenith Bank Plc has posted a Profit After Tax (PAT) of N26.573 billion for the first quarter ended March 31,…
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Nigeria to maintain high standards for vessels in its waters …Seeks support of classification societies
The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dakuku Peterside has reiterated Nigeria’s commitment to…
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