Business

January 29, 2015

Activities at the Nigerian Stock Exchange (NSE) on Thursday closed on the downward trend after two consecutive days of share...

In U.S., Maryland has highest rate of millionaires

January 28, 2015

In Maryland, the United States, nearly eight out of every 100 households in 2014 had assets topping $1 million, giving...

Oil price recovers as dollar weakens against euro

January 27, 2015

Oil prices steadied above 48 dollars a barrel on Tuesday, recovering from earlier losses as the dollar weakened against the...

African Business Magazine rates Glo among Africa’s six most-admired brands

January 26, 2015

A London-based magazine, African Business, has rated Globacom as one of the six most-admired brands on the African continent in...

Naira rebounds at parallel, black markets

January 26, 2015

The Naira on Monday rebounded to gain N6 against the dollar following the Central Bank of Nigeria's (CBN) plan to...

APC to sue NCC over shutdown of fund raising platforms

January 26, 2015

The All Progressives Congress (APC) has said it would institute a legal process against the Nigerian Communications Commission (NCC) to...

With $65,000 a night, Hotel President Wilson, Geneva, Switzerland is world’s most expensive

January 24, 2015

The 12-bedroom, 12-bathroom Royal Penthouse Suite at Hotel President Wilson, Geneva, Switzerland is world's most expensive. It sprawls across 18,000...

Ekiti to spend N80.7bn in 2015

January 23, 2015

Governor Ayo Fayose of Ekiti State, on Friday, signed the 2015 Appropriation Bill of N80.9 billion and three other bills...

Naira hits N208 to dollar

January 23, 2015

The Naira, on Friday, depreciated against the dollar as it traded at N208 from the N191.50 it sold for on...

NSE All-Share Index up by 124.12 points

January 23, 2015

Equity transactions on the Nigerian Stock Exchange (NSE) ended on Friday on the upbeat note with the All-Share Index improving...

NGX drops further by N301bn on losses by blue chips

NSE market indicators dip further by 0.24%

January 22, 2015

The market capitalisation of the Nigerian Stock Exchange (NSE) on Thursday dipped further by 0.24 per cent, following sustained huge...

Jubilation as Ahmed approves pay rise for Kwara workers

January 22, 2015

There was jubilation among workers in Kwara State on Thursday when Governor Abdulfatah Ahmed announced a pay rise for them....

Johnson Controls, Hitachi in multi-billion dollar technology deal

January 22, 2015

Johnson Controls, Hitachi, Ltd. and Hitachi Appliances, Inc. have entered into a definitive agreement for their global joint venture at...

NSE market indices drop 0.20% in a bearish trading

January 21, 2015

Transactions on the Nigerian Stock Exchange (NSE) on Wednesday closed on negative trend with the market indices dropping by 0.20...

2015 Budget: No plans to review oil benchmark, says Okonjo-Iweala

Minister of Finance and Coordinating Minister for the Economy, Dr Ngozi Okonjo-Iweala, on Tuesday, said that the Federal Government had...

Ondo to spend N130b in 2015

Governor Olusegun Mimiko of Ondo State, on Tuesday, presented a budget estimate of N130 billion for the 2015 fiscal year...

DPR shuts 10 fuel stations over new price

Ten fuel stations have been shut by the Department of Petroleum Resources (DPR) for their alleged refusal to dispense the...

Alaafin attracts multi-billion naira foreign investments to Oyo