Business and Economy
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Obi faults FG’s poverty eradication strategies
Vice Presidential Candidate of the Peoples Democratic Party (PDP) in 2019 elections, Mr. Peter Obi, has explained why the cash…
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Samsung, TEC offer Nigerians 6 months’ interest-free payment on latest Galaxy S21 devices
Global Original Equipment Manufacturer (OEM), Samsung has partnered with Africa’s foremost technology and lifestyle hub, Tech Experience Centre to offer…
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FBN Holdings announces new board members
By Itohan Abara-Laserian Lagos, Jan. 30, 2021 FBN Holdings Plc has announced the appointments of Mr Seni Adetu and Mrs…
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Fidelity Bank launches ‘Pay Yourself’ for salary earners
By Itohan Abara-Laserian Lagos, Jan. 29, 2021 Fidelity Bank Plc on Friday launched its ‘Pay Yourself’ product for customers whose…
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CBN commits N50bn to reposition Nigeria’s commodity exchange, says Emefiele
By Kadiri Abdulrahman Abuja, Jan. 28, 2021 The Central Bank of Nigeria (CBN) says it is committing N50 billion to…
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PIB: Senate President pushes for reduced cost of crude oil production
President of Senate, Ahmad Lawan has pushed for a cost reduction in the production of crude oil by International Oil…
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NNPC records 92% increase in sales of Petroleum products in October …Increases Gas supply to power plants by 8.60%
The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded…
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Contract for renovation of national arts theatre to be awarded soon— Emefiele
By Lydia Ngwakwe Lagos, Jan. 26, 2021 The Central Bank Governor, Mr Godwin Emefiele, has expressed hope that a contract…
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NSE gains N259bn as MPC retains interest rate at 11.5%; Experts applaud CBN’s rates retention
By Chinyere Joel-Nwokeoma Lagos, Jan. 26, 2021 The Nigerian Stock Exchange on Tuesday extended growth by N259 billion following interest…
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COVID-19: CACOVID supplies FG with Oxygen to stem high death rate
Fighting against the second wave of coronavirus pandemic, the private sector Coalition Against COVID-19 (CACOVID), has supported the Federal Government…
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Lenovo defying odds to dominate global PC market
Global Original Equipment Manufacturer (OEM) Lenovo has continued to astound market watchers, dominating worldwide PC shipments on the back of…
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Bayelsa says N38 bn refunds slashed to N27 bn in a ‘discount deal’
The Bayelsa Government on Sunday said that it got N27 billion and not N38 bn approved by the Federal Government…
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Environmentalists, Regulators visit spill impacted communities in Bayelsa
Preliminary investigations into the Jan. 16, oil leak near Funiwa offshore facilities off the Atlantic coast commenced on Friday with…
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Revised Cheque book becomes fully operational April 1, CBN says
By Lydia Ngwakwe Lagos, Jan. 22, 2021 The Central Bank of Nigeria, CBN, has advised all Deposit Money Banks (DMBs)…
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First MPC meeting: Cordros analysts optimistic of rates retention
By Chinyere Joel-Nwokeoma Lagos, Jan. 22, 2021 Ahead of the first apex bank Monetary Policy Committee (MPC) meeting, analysts at…
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In Biu, Zulum launches 2nd phase of N1 billion support for low-profile entrepreneurs
… Shares 80 vehicles, Keke NAPEP … Bans political thuggery … Warns politicians breeding thugs Borno State Governor, Babagana Umara…
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Chevron denies responsibility over Bayelsa oil spill
By Nathan Nwakamma Yenagoa, Jan. 22, 2021 Chevron Nigeria Limited (CNL) declared on Friday that reported leaks near its operational…
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Buhari re-appoints Hadiza Bala Usman NPA MD, approves Board members for NPA, TCN
President Muhammadu Buhari has approved the re-appointment of Hadiza Bala Usman as Managing Director of Nigerian Ports Authority (NPA), for…
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FG expands access to cooking gas for rural dwellers – Kyari
By Solomon Asowata Lagos, Jan. 20,2021 Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation, says the Federal Government…
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1m Nigerians to benefit from COVID-19 Cash Transfer, Osinbajo says
By Folasade Akpan Beneficiaries Abuja, Jan. 19, 2021 No fewer than One million Nigerians are to benefit from the Federal…
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Price of maize set to crash …….300,000 MT of maize for release February
ABUJA About 300,000 metric tonnes of maize are soon to be released into the Nigerian market from strategic anchors under…
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Dangote completes Nigeria’s longest concrete road
The Dangote Group has completed Nigeria’s longest rigid pavement located in Kogi State. It is the first of its kind,…
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Fishermen report oil spill at Chevron’s Funiwa oilfield off Bayelsa coastline
By Nathan Nwakamma Yenagoa, Jan 17, 2021 Fishermen operating in the shallow waters of the Atlantic Ocean near Bayelsa coastline…
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Amazon faces class-action lawsuit over eBook pricing
York, Jan. 15, 2021 Amazon.com Inc was slapped with a class-action lawsuit on Thursday accusing the e-commerce giant of inflating…
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Downstream infrastructure rehab: NNPC harvests bids from 96 reputable firms from various jurisdictions for contract
Buoyed up by the culture of Transparency, Accountability and Performance Excellence (TAPE) of the current NNPC management, no fewer than…
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