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Saturday, 24th August, 2019
 Business News:
Nigeria: (Jan 26, 2015) - The Bank of Industry (BoI) has signed a memorandum of understanding (MoU) with Ecobank Nigeria, the United Bank for Africa Plc, Diamond Bank, First City Monument Bank, Fidelity Bank...
Nigeria: (Jan 26, 2015) - The Group Managing Director/Chief Executive Officer, of the United Bank for Africa Plc (UBA), Mr. Phillips Oduoza has urged investors in Nigeria not to panic over falling crude oil...
Nigeria: (Jan 26, 2015) - The Board of Directors of Stanbic IBTC Holdings Plc will meet next week to consider the company’s financial statements for 2014 and a declaration of a dividend among others. Market...
Nigeria: (Jan 24, 2015) - The Petroleum Products Pricing Regulatory Agency (PPPRA) on Friday said that Federal Government was still subsidising the current pump price of petrol at N87 per litre. This is contained...
Nigeria: (Jan 23, 2015) - The Naira on Friday depreciated against the dollar as it traded at N208 from the N191.50 it sold for on Monday, Jan. 19. The rate has made the naira to lose N16.50 within five days. The...
Nigeria: (Jan 23, 2015) - Ahead of the Sterling Bank’s sponsored Social Media Awards Africa holding in Lagos tomorrow, the chairman of the Award Advisory Board and founder, Social Media Week Mr. Toby Daniels...
Nigeria: (Jan 23, 2015) - The Minister of Agriculture and Rural Development, Mr. Akinwumi Adesina, on Friday attributed the attraction of over $5.6 billion into the economy within the last three years, because...
Nigeria: (Jan 23, 2015) - The United Bank for Africa Plc (UBA) plans to expand to Angola and South Africa as Nigeria, its largest market, is pummelled by falling crude oil prices. The lender will move to the...
Nigeria: (Jan 23, 2015) - In a bid to forestall any breach of security in the nation’s seaports as a result of the insurgency in the north-eastern part of the country, the Nigerian Ports Authority (NPA)...
Nigeria: (Jan 23, 2015) - The federal government has started the procurement process for the Ibom deep seaport, Akwa Ibom State. Minister of Transport, Senator Idris Audu Umar dropped the hint at the official...
Nigeria: (Jan 23, 2015) - The Central Bank of Nigeria (CBN) has once more reviewed upward the net foreign position of banks. The central bank in its latest circular titled: "Utilisation of RDAS and interbank...
Nigeria: (Jan 22, 2015) - The federal government plans to double its value-added tax (VAT) and cancel government projects if oil prices continue to slide. Coordinating Minister for the Economy/Minister of Finance,...
Nigeria: (Jan 22, 2015) - Currency dealers in Nigeria on Wednesday agreed to halt trading if there is a more than two per cent intra-day slide in the naira, which is being hit by the oil price slump and...
Nigeria: (Jan 22, 2015) - Nigeria’s wholly indigenous telco, Globacom, has expressed worries over the devaluation of the naira and the uncertainties hanging surrounding the forthcoming general elections...
Nigeria: (Jan 21, 2015) - Barely two months after Shell Petroleum Development Company (SPDC) completed the sale of the $1.1 billion Nembe Creek Trunkline (NCTL) to Aiteo-led consortium, Shell has shut down the...
Nigeria: (Jan 21, 2015) - Mr Oluwagbemiga Kuye, Managing Director of the Nigeria Export Processing Zones Authority, said on Wednesday that the Federal Government targets $68.1bn in Foreign Direct investment...
Nigeria: (Jan 21, 2015) - The Nigerian Bulk Electricity Trading Plc (NBET) on Tuesday said it expects to shorten the multi-year negotiations often associated with the closure of Power Purchase Agreements (PPAs)...
Nigeria: (Jan 21, 2015) - The federal government has approved a new funding mechanism that will ensure that cotton, textile and garment companies access long-term, low interest loans to finance by unisales\\\0022...
Nigeria: (Jan 21, 2015) - The Central Bank of Nigeria (CBN) on Tuesday restated its commitment to defend the Naira and its exchange rate in line with core mandate and responsibilities. The governor, Godwin...
Nigeria: (Jan 21, 2015) - The Major Oil Marketers Association of Nigeria (MOMAN) has decried the non-payment of an outstanding N250 billion subsidy claims for 2014, urging the federal government to pay the bills...
Nigeria: (Jan 20, 2015) - Stakeholders in Nigeria’s oil and gas sector have queried the relevance of Nigeria’s membership of the Organisation of Oil Exporting Countries (OPEC) and urged President...
Nigeria: (Jan 20, 2015) - The Trans Forcados oil pipeline has again been vandalised by a yet-to-be identified group of persons, the Minister of Power, Prof. Chinedu Nebo, said on Monday. Nebo said in a...
Nigeria: (Jan 20, 2015) - The Minister of State for Power, Mohammed Wakil, has said the federal government has upgraded Nigeria’s electricity transmission capacity by an additional 40 per cent growth ratio...
Nigeria: (Jan 20, 2015) - As the initial deadline given to the Nigerian independent exploration and production (E & P) company, SEPLAT Petroleum Development Company, to indicate whether or not it intends...


 
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