Business and Economy
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N200bn subsidy claims: Oil marketers are holding Nigerians to ransom—Okonjo-Iweala
Federal Government has faulted the N200 billion claims by oil marketers as being outstanding payment on subsidy, saying the marketers…
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Centre for Strategic and International Studies hosts inaugural Global Development Forum in U.S
The Centre for Strategic and International Studies(CSIS) recently hosted in Washington D.C., an inaugural Global Development Forum which had in…
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Crude oil price retreats off 2015 highs
Oil prices edged lower, Friday, easing off 2015 highs after Iraq said its crude oil exports hit a record…
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e-Commerce: MOBO-free records outstanding performances in Nigeria
MOBOfree.com, the leading African social marketplace, has announced that it had experienced an increase of more than 44 per cent…
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ECA’s Annual Economic Report on Africa advocates Industrialisation through trade
The 2015 edition of the Economic Report on Africa (ERA), “Industrialising through Trade”, has been launched during the Conference of…
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Int’l Network for Small & Medium Enterprises confab set to advance enterprise development
International Network for Small and Medium Enterprises (INSME) Annual Meeting and Forum, which is taking place at the Cape Town…
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Dangote woos Blackstone to boost Nigerian gas
Aliko Dangote, Africa’s richest man, plans to quadruple the supply of gas to Nigeria by building pipelines that may…
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Jonathan appoints Peter Obi as SEC chairman
President Goodluck Jonathan, Monday appointed the former Governor of Anambra State, Chief Peter Obi, as the new chairman of the…
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West Africa’s financial centre meets London Stock Exchange, Tuesday
The regional stock exchange for the eight countries of the West African Economic and Monetary Union has chosen the…
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Reposition ahead of power sector transformation; study warns stakeholders in Nigeria, others
A new report from PwC and Strategy warns that the Power Sector is transforming fast and companies that do…
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1,169 PHCN workers yet to be paid terminal benefits – BPE
The Bureau of Public Enterprises (BPE), has disclosed that a total of 1,169 workers of the defunct Power Holding Company…
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Guardiola returns to Nou Camp for B’Munich/Barcelona CL s/final
The Bayern Munich manager, Pep Guardiola, will return to face his former club Barcelona in the Champions League semi-final. Real…
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World tourism spend sets new record
While the global tourism spending increased by 3.7 per cent in 2014, the travel spending on accommodation, food, drink, entertainment,…
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Four Seasons unveils world’s first hotel private jet
Four Seasons embark to recreate their famed hotel experience in the sky in a bid to cater to the…
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GTBank declares Q1 2015 PBT of N32.65bn
Guaranty Trust Bank plc has released its unaudited financial results for the first quarter ended March 31, 2015 to the…
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Cost of Galaxy’s battle against iPhone on the rise
Samsung Electronics has pulled out all the stops on its new Galaxy smartphones, but their modest prices compared to the…
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Nigerian ship owners unveil new association in Lagos
Ship owners and operators in the country have unveiled another umbrella body after a meeting in Lagos. The new body…
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2 NLC factions emerge in Edo, elect parallel officials
The leadership crisis rocking the national body of the Nigeria Labour Congress (NLC) reared its head in Edo as…
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2 NLC factions emerge in Edo, elect parallel officials
The leadership crisis rocking the national body of the Nigeria Labour Congress (NLC) reared its head in Edo as two…
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Olatunji remains Osun TUC Chairman- Kaigama
Comrade Bobboi Bala Kaigama, President General of Trade Union Congress (TUC) has restated that Mr. Francis Adetunji is not the…
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Shortage supply of dollars
Most firms in Nigeria seeking to utilise and remit US dollars overseas are finding it extremely difficult to purchase FOREIGN…
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FEC approved N1.43tn contracts in 2014
Against the backdrop of criticisms that the recent removal of distribution losses from electricity tariffs and the subsequent reduction of…
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Shell Sells Nigerian Oil Lease for $1.7 Billion to Local Company
Royal Dutch Shell Plc has completed the sale of its oil lease in Nigeria’s eastern Niger River delta for $1.7…
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Kraft shares soar on Heinz merger
US food giant Heinz is to merge with Kraft Foods Group, creating what the companies say will be the third-largest…
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Nigerians generate 2,500MW from diesel, petrol, kerosene – NNPC
Nigerian households and businesses generate 2,500 megawatts of electricity from petrol, kerosene and Automotive Gas Oil (AGO, popularly known as…
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