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Friday, 24th January, 2020
 Business News:
Nigeria: Lagos (Nov 30, 2019) - The Governor, Central Bank of Nigeria, Godwin Emefiele, has urged Nigerians to support the production and consumption of local products, as the country may not have foreign exchange...
Nigeria: Abuja (Nov 28, 2019) - The Federal Government has approved N19.52bn for three road contracts in Oyo, Niger, Kano states and the Federal Capital Territory. The approval also included N523m reviewed for...
Nigeria: (Nov 28, 2019) - The Federal Government has reviewed the N50 stamp duty charges on electronic payments in the country after receiving backlash from Nigerians and industry stakeholders. A Financial...
Nigeria: Lagos (Nov 28, 2019) - The Federal Government says it will rehabilitate the Warri, Port Harcourt and Kaduna Refineries to achieve local production of 360,000 MTPA of Liquefied Petroleum Gas, LPG, by 2023. The...
Nigeria: Abuja (Nov 25, 2019) - The National Bureau of Statistics on Monday said the investment inflows into Nigeria declined by $460m from $5.82bn in the second quarter of this year to $5.36bn in the third quarter. The...
Nigeria: Abuja (Nov 23, 2019) - Nigeria’s gross domestic product (GDP) grew by 2.28 percent by the end of third quarter 2019 when compared to the third quarter of 2018 which recorded a growth of 1.81%. According...
Nigeria: (Nov 21, 2019) - The average price of one kilogram of imported high quality rice (sold loose) increased by 3.08 per cent to N382.57 in October 2019 from N371.13 in September 2019. The selected food...
Nigeria: Abuja (Nov 21, 2019) - The Federal Executive Council (FEC) has approved the issuance of a Sovereign Guarantee of 500 million Euros (N200bn) from the Credit Suisse AG London Branch and a syndicate of international...
Nigeria: (Nov 20, 2019) - The Founder, Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa Group (UBA), Tony Elumelu has proposed job creation, and inclusive growth, as priority areas for Africa’s...
Nigeria: (Nov 18, 2019) - According to National Bureau of Statistics (NBS) data, the consumer price index, which measures inflation, rose to 11.61% in October. This is an increase of 0.37 percentage points...
Nigeria: (Nov 14, 2019) - The CFA franc has been the currency used by French colonies since 1945 and the usage of the currency continued after independence. Benin President Patrice Talon revealed that the West...
Nigeria: (Nov 14, 2019) - The Vice Chancellor of University of Ibadan, Professor Abel Idowu Olayinka has said that one of the key challenges faced by Small and Medium Enterprises (SMEs) in Nigeria is the lack...
Nigeria: (Nov 13, 2019) - The House of Representative on Wednesday passed for second reading a bill seeking to increase the Value Added Tax (VAT) in the country from 5 percent to 7.5 percent. The bill is...
Nigeria: (Nov 04, 2019) - President Muhammadu Buhari has signed the bill seeking to amend the deep offshore and inland basin production sharing contract (DOIBPSC) act into law. The bill as seen on his verified...
Nigeria: (Nov 04, 2019) - Governor of California, Gavin Newsom, has appointed a Nigerian, Uduak-Joe Ntuk, as the State Oil and Gas Supervisor, responsible for managing the Division of Oil, Gas and Geothermal...
Egypt: (Oct 29, 2019) - African Union  President Abdel Fattah al-Sisi on Monday attended the opening of the World Radiocommunication Conference, held this year in South Sinai's Sharm El Sheikh, with...
Nigeria: (Oct 28, 2019) - The European Union (EU) has extended Brexit deadline to January 31, 2020. Donald Tusk, president of the European Council, disclosed this in a tweet on Monday. He said the regional...
Nigeria: (Oct 24, 2019) - World Bank on Wednesday said that China and India made the top 10 list of governments that have done the most in the past year to improve the ease of doing business in their countries. Despite...
Nigeria: (Oct 21, 2019) - Isa Pantami, minister of communications, has directed the Nigerian Communications Commission (NCC) to work with the telecommunications service providers to reduce the price of data. According...
Nigeria: (Oct 21, 2019) - Beginning from October 28, Glomobile users will no longer be able to call numbers on Airtel Network, as the telecom regulator, the Nigeria Communications Commission (NCC) announced...
Nigeria: (Oct 18, 2019) - Rice sellers have said that unscrupulous local farmers now seize the opportunity of the border closure to bag bad quality product for sale. This has slowed down the sale of local...
Nigeria: (Oct 18, 2019) - The Federal Government has earmarked N65 billion for the reintegration of ex-militants under the Presidential Amnesty Programme. Also, N37.83 billion and N80.88 billion were allocated...
Egypt: (Oct 09, 2019) - In a joint press conference with President Abdel Fatah al-Sisi in Cairo on Tuesday, Greek Prime Minister Kyriakos Mitsotakis and Cypriot President Nicos Anastasiades gave emphasis on...
Nigeria: (Oct 09, 2019) - Cape Verde Islands, national carrier , Cabo Verde Airlines said on Tuesday that it would begin direct flights from Lagos to Cape Verde on  December 9. Its President/Chief Executive...


 
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