Business and Economy
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Zenith Bank emerges most traded stock; as Investors stake N5.07bn on sell pressure
The volume of shares traded on the Nigerian Stock Exchange (NSE), Thursday increased by 62.56 per cent amid sell pressure.…
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Arik Air rewards passengers big with surprise gifts
Arik Air, West and Central Africa’s largest carrier, is rewarding passengers with surprise gifts mid-flight in what the company calls…
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DMO restructures N576bn bank loans of 23 states into FGN bonds
The Debt Management Office (DMO) has said it restructured the N575.516 billion bank loans owed by 23 states into Federal…
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Fidelity Bank Q3 Gross Earnings grow to N106.6bn
Fidelity Bank Plc, one of Nigeria’s most capitalized financial institutions has released its third quarter result for the period ended…
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SPDC JV collaborates with PETAN, foreign manufacturers on Nigerian content
The development of indigenous manpower for the oil and gas industry received a boost last Friday as 40 engineering and…
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Reorganisation of Customs: New DCGs, ACGs appointed
The Comptroller-General of Nigeria Customs Service, Colonel Hameed Ali (rtd), has approved the appointment of six acting Deputy Comptrollers-General of…
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Arik Air launches customized Air Travel Insurance
Arik Air, West Africa’s largest carrier has launched a customized air travel insurance aimed at taking passengers flying experience to…
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Union Bank rebrands, unveils new Logo
In line with the change mantra pervading the corporate and political landscape in Nigeria, Union Bank of Nigeria Plc (Union…
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Top dignitaries grace Air Peace @ One Anniversary celebration
Top industry players graced the one year anniversary celebration of the Air Peace Limited marked with fanfare at the Sheraton…
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Arik Air increases frequency on Lagos, Douala route
Arik Air, West and Central Africa’s largest airline, has increased frequency on the Lagos to Douala via Cotonou route from…
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DMO concludes restructuring of 23 states’ N575.516 billion banks’ loans into FGN Bonds
The restructuring of the short-term bank loans of 23 states into long-term Federal Government of Nigeria, FGN, Bonds by the…
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CBN clears Letters of Credit established before forex restriction
The Central Bank of Nigeria (CBN) has stated that Letters of Credit established before the date of the June 23,…
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DMO boss congratulates GOCOP on its launch
The Director General of the Debt Management Office, Dr. Abraham Nwankwo, has said the online news platform is a critical…
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91 companies tender bid for NNPC Coastal, Bunkering Vessels Service contract; as Kachikwu reaffirms commitment to transparency
The Nigerian National Petroleum Corporation (NNPC), Thursday, embarked on the public harvesting of technical bids submitted by a total of…
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Etisalat, Google highlight e-commerce opportunities for SMEs
Telecommunication network, Etisalat, has called on Small and Medium Enterprises (SMEs) and startup businesses in the country to embrace the…
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All-new Optima: Embodying evolution of Kia’s midsize sedans
With the release of the fourth generation Optima in April, Kia has continued to revolutionize and advance its line up…
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SPDC’s healthcare drive in Bayelsa State reaches 5000 people
About 5000 people in Oloibiri area of Bayelsa State have benefitted from a health outreach organised by the Shell…
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NIMASA reiterates commitment to trade facilitation
The Acting Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Haruna Baba Jauro has reiterated the Agency’s…
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Jauro did not defend Tompolo’s Maritime Security contract — NIMASA explains
The Nigerian Maritime Administration and Safety Agency (NIMASA) has denied reports that it defended a maritime security agreement with former…
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Kachikwu tees-off new era of transparency in NNPC …Commences monthly publication of financial and operational report
In line with its earlier pledge to open up the books of the Nigerian National Petroleum Corporation, NNPC for public…
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Flood: Sokoto State to rely on dry season farming to avert food shortage
Governor Aminu Tambuwal of Sokoto State has said that the state government will engage in massive dry season farming in…
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Oil thefts: Shell asks shippers exporting Nigerian oil to sign guarantee
Royal Dutch Shell has asked ship owners exporting its Nigerian oil to sign a “letter of comfort” (LoC) to guarantee…
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NPA calls for improved port infrastructure to facilitate export
Managing Director of Nigerian Ports Authority (NPA) Mallam Habib Abdulahi has called for the provision of adequate port infrastructure by…
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COAS Buratai commends NIMASA for combating sea piracy; seeks cooperation on resettlement of IDPs
The Chief of Army Staff (COAS), Lt. General Tukur Buratai has commended Management of the Nigerian Maritime Administration and Safety…
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