Business

July 22, 2016

The naira on Friday depreciated further against the dollar, pound sterling and the euro in all segments of the...

FAAC: FG revenue rises by N301bn, shares N559bn with states, LGs

by Roland Edwards

For the first time in the 2016 fiscal period, the federal, states and local governments got monthly allocation from...

Buhari: We will explore new opportunities in gas, technology to resuscitate economy

President Muhammadu Buhari has said his administration will continue to welcome innovative ideas in the gas, technology and agricultural...

Kachikwu approves CEO for PTI Effurun

Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has approved the appointment of Prof. Sunny Iyuke as the...

Investor apathy: Nigerian equities market down by 0.79%

Activities on the Nigerian Stock Exchange (NSE) on Thursday maintained a negative slide with the market indices dropping further...

Violation of safety rules: DPR seals 18 filling stations in Zamfara

DPR seals three petrol stations in Sokoto

The Department of Petroleum Resources (DPR) has sealed three petrol filling stations in Sokoto city and its environs, for...

Minister urges Nokia to set up plant in Nigeria

FG, 14 firms sign $1.75bn solar power agreements

The Federal Government on Thursday in Abuja signed a Front-Runner Solar Power Purchase Agreements (PPAs) worth 1.75 billion dollars with...

KPMG’s verdict: Zenith Bank is Most Customer-Focused Bank

Zenith Bank Plc has again been rated Nigeria’s most customer-focused bank by the leading Advisory and Consultancy firm, KPMG....

NIMASA will no longer tolerate IOCs’ disregard for Cabotage, Environmental Laws, says Peterside

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the Agency...

Recession: Finance Minister assures rebound, announces N248bn capital release

Finance Minister of Finance, on Thursday, assured that though Nigeria was technically in recession, measures were being taken to...

Naira maintains losses against dollar

The Naira, on Wednesday, maintained its loss against the dollar at the parallel market. The Nigerian currency, which lost...

Minister orders NCC to stop unsolicited text messages, others by telecom service providers

Minister of Communications, Mr Adebayo Shittu, has directed the Nigerian Communication Commission (NCC) to stop unsolicited messages and dropped...

Money laundering: Court admits ex-Skye Bank Chairman, MD to N50m bail each

Sell pressure: NSE market indices shed 0.94%

Trading activities on the Nigerian Stock Exchange (NSE) on Wednesday for the third consecutive day, remained on a downward...

Agriculture

Fayose offers 100,000 hectares of land to agric investors

by Femi Adewale

Governor Ayo Fayose of Ekiti State has approved the donation of 100,000 hectares of land to investors, who are willing...

Aviation

Aviation fuel scarcity: NCAA advises airlines to scale down operations; flights cancelled at Abuja airport

The Nigerian Civil Aviation Authority (NCAA) has advised domestic airlines to scale down their flight operations following the lingering...

Agriculture

Agriculture revival as alternative to oil is the focus as All Nigerian Editors Conference holds in Port Harcourt

by Chidi Roberts

The 12th edition of the All Nigerian Editors' Conference (ANEC) will hold in Port Harcourt from August 3 to...

UBA, MasterCard announce Pan African partnership to enhance financial inclusion

July 19, 2016

United Bank Africa (UBA) and MasterCard have announced a partnership that would see UBA act as the issuer for...

NSE market capitalisation drops by N84bn

July 19, 2016

The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday dipped further by N84 billion, amid sell pressure...