Shell to resume crude oil exports at Forcados terminal at October end
Shell Petroleum Development Company of Nigeria Ltd. (SPDC) says it will resume crude oil exports from the Forcados Oil Terminal by October end when on-going […]
BUSINESS
Reps directs CBN to suspend sale of Polaris Bank
The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately suspend the sale of Polaris Bank Plc. The House said the […]
Nigeria to fast track industrialisation via gas – Sylva
The Minister of State Petroleum Resources, Chief Timipre Sylva has reiterated Nigeria’s readiness to use gas to help fast track the country’s industrialisation agenda. Speaking […]
Economic growth to decline to 3.6% in Sub-Saharan Africa in 2022- IMF
The International Monetary Fund (IMF), says economic growth in Sub-Saharan Africa (SSA) is expected to decline to 3.6 per cent in 2022 as against 4.7 […]
TikTok plans to operate e-commerce fulfilment system
Social media app TikTok plans to operate U.S. warehouses and product fulfilment centres to create its own e-commerce supply chain system, job listings on its […]
We own Obajana Cement plant 100% – Dangote Group
The management of Dangote Industries Ltd. (DIL) says it owns Obajana Cement plant 100 per cent and its acquisition in 2002 followed due process. The […]
Telecom infrastructure critical to successful 2023 elections – Danbatta
By CALLISTUS OFFOR, Abuja – The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has said telecom infrastructure is very critical […]
NGX: Market capitalisation gains N116bn
Trading on the Nigerian Exchange Ltd. (NGX) was bullish on Monday following investors’ interest in some medium and largely capitalised stocks. Specifically, the market capitalisation […]
FirstBank: A triumphant return to the Nigerian banking frontline
The story of Corporate Nigeria in 2022, cannot be complete without a chapter on the incredible performance of First Bank of Nigeria Limited, which saw […]
Kenya’s forex reserves fall to 5-year low
Kenya’s foreign exchange reserves declined by 12.5 billion shillings (about 103 million U.S. dollars) this week to hit a five-year low as the shilling fell […]
Blackbyte Ransomware abuses legit driver to disable security products, says NCC-CSIRT
By CALLISTUS OFFOR, Abuja – The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has flagged a high-impact threat to Windows operating system, the […]
Dangote fertilizer plant significant to agricultural development – NACCIMA
The Director-General, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Mr Olusola Obadimu, has said the Dangote urea fertilizer plant will boost […]
What to know before converting a rental property to a hotel By DENNIS ISONG
Not everyone buys a property to live in. Some buy strictly for business when they envisage a kind of prospect with such property. Property conversion […]
NGX Group appoints Umaru Kwairanga as new Chairman
By TENEBE ANTHONIA, Lagos – Nigerian Exchange Group Plc (“NGX Group”), a leading integrated market infrastructure group in Africa, is pleased to announce that its […]
AFDB President, Adesina named 2022 Man of the Year
President of the African Development Bank (AfDB), Dr Akinwumi Adesina has been named 2022 Man of the Year (Africa) by Exclusive Men of the Year […]
CBN committed to boosting fortunes of SMEs — Official
The Central Bank of Nigeria (CBN), says it is committed to initiating programmes and policies aimed at supporting Small and Medium Enterprises (SMEs) in Nigeria. […]
Nigeria requires N3.5trn investment commitments for 2021-2025 development plan – Minister
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed says N348.1 trillion investment commitment is required for the successful implementation of the 2021-2025 National […]
Citizens’ right to demand accountability, subject to compliance with tax obligations – FIRS
By JOY ADARA, Abuja – The moral right of citizens to demand accountability from government on what their taxes have been used for, is dependent […]
Ending global poverty by 2030 unlikely – World Bank
The World Bank says the world is unlikely to meet the goal of ending extreme poverty by 2030, according to a new World Bank study. […]
SMEDAN D-G seeks MSMEs participation in export market
The Director-General, Small and Medium Enterprise Development Agency of Nigeria (SMEDAN), Mr Olawale Fasanya, has reiterated the need for small and medium scale businesses to […]