Biz

Home | Biz

Abu Shekau, Muhammadu Buhari Among TIME's 100 Most Influential Persons

President-elect Maj. Gen. Muhammadu Buhari (retd.), has made the TIME’s list of 100 most influential people in the world. Also included in the 2015 list are ...

Nigeria In Talks With Russia To Build Nuclear Power Plants

Nigeria is in talks with Russia’s state-owned Rosatom to build nuclear power plants in the country. “We have an intergovernmental agreement with Nigeria, but no concrete ... Full story

President Elect Buhari Will Drop Petrol Price To N40 Per Litre - Tamunoemi David-West

Former Minister of Petroleum and Energy, Prof. Tamunoemi David-West has excited Nigerians with an assertion about how much the pump price of petrol will be ... Full story

You Will Be Jailed If You Us Dollars, For Local Transactions - Central Bank of Nigeria

The Central Bank of Nigeria on Tuesday raised concerns over the increasing use of foreign currencies as a medium of exchange in the country and ...

Fraudsters Hack ATMs In Lagos With Gadget To Collect Pins And Card Data

ATMs located in highbrow areas in Lagos particularly in Victoria Island and Lekki, might have been compromised following reports of hackers planting fraud devices on ... Full story

Walmart ranks second worst supermarket in survey

Walmart Supercenter was ranked the second worst in Consumer Reports' annual supermarket surveyIt earned 64 points along with A&P and Waldbaum's, which was ranked ...

Naira Appreciate By 7%, Now ₦211 To dollar

The naira appreciated by seven per cent to 211 against the United States dollar at the parallel market following the victory of the candidate of ... Full story

Ships With Petroleum Products Arrive Lagos Ports

Eight ships laden with petrol, aviation fuel and kerosene had arrived Lagos ports, waiting to berth. The Nigerian Ports Authority (NPA) stated this in its daily ... Full story

Japan Offers $3.4m Grants For IDPs In North East

The United Nations Children’s Fund (UNICEF) Friday received a grant of US $ 3.4 million or N750 million) for Integrated Provision of Life-Saving Emergency Interventions ... Full story

Kcee Starts Own Transport Business

Kcee is about to join the likes of Mikel Obi in transport business. The pop singer posted a bus with a logo that reads ‘Five ... Full story

Goodluck Jonathan Orders 30% Salary Cut For Goverment Officials

President Goodluck Jonathan has ordered a 30% cut of government official's welfare packages in a move to cushion effects of the drop in revenue generation ... Full story

Diamond Bank Mobile App Promises A 'Beyond Banking' Experience

Diamond Bank GMD/CEO Uzoma Dozie took it upon himself to advertise the bank’s mobile app, surprising many. In the ad, he uses the app to book ... Full story

Ghana, Cote D’Ivoire Turn To Nigeria For Gas

Cote D’ Ivoire has sent a formal request indicating its interest in liquefied petroleum gas supplies from Nigeria to support its growing power generation needs. The ... Full story

Breakdown Of Jonathan And Buhari’s Spendings For 2015 Presidential Campaign

A coalition of Civil Society Organisations, under the aegis of Centre for Social Justice, CSJ, a report titled, ‘Second campaign finance and use of state ... Full story

Dencia Launches New Skin Product

Controvetsial Pop star Dencia, who is behind the beauty product Whitenicious recently released yet another controversial skin care products called Darklicious. Dencia who is part Cameroonian ... Full story

Nigerian Economy Will Bounce Back - Alhaji Aliko Dangote

Africa’s richest man, Alhaji Aliko Dangote, has allayed concerns over the Nigerian economy brought on by declining oil revenue and political uncertainty over the elections, ... Full story

N264 Billion Fuel Subsidy To Be Paid In March - FG

The Federal Government, Monday, scheduled to pay off about N264 billion between now and end of March, as subsidy reimbursement applications submitted to marketers as ... Full story

Naira Drops By 0.55% Against Dollar

The naira dropped by 0.55 percent against dollar on Monday after some customers who failed to meet the cut-off time to submit dollar demand to ... Full story

Dollar Sells For N217 And Pounds N332

The naira on Friday depreciated by N5 to the dollar as it traded N215 at the Bureau De Change (BDCs) segment of the official market. It ... Full story

Nigeria's Enterprising 5 - 9 Work Ethic

Nigeria has Africa's largest economy. It is mostly known for oil, but that wealth has not trickled down. As it joins the global economic top ... Full story

Trade Relations Between Nigeria And China Hits $18bn

Consul-General of the People’s Republic of China in Lagos, Mr. Liu Kan, has said that trade relations between Nigeria and China last year was about ... Full story

Houses For Sale

Copperfield Realty Limited offer for sale 2 Units of 4-Bedroom Semi Detached Houses with 2 Living Rooms and 1 Boys Quarters and 1 Study, located ... Full story

Total To Continue Operations In Nigeria Despite Sliding Oil Prices

French oil major, Total, has assured that its major oil and gas projects in Nigeria as well as in other African countries will continue operations ... Full story

Oil Prices To Remain Low If Production Of Crude Is Not Reduced

A US stockpiles report Wednesday showing crude reserves standing at an 80-year high for this time of the year has exacerbated concerns about a global ... Full story

Bonga South West Project Continues Despite Slump In Oil Price

Despite claims by the Nigerian National Petroleum Corporation (NNPC) that the implementation of the Bonga South West other deepwater projects were under threat owing to ... Full story

Nigerian Naira Crahes To Record Low

Nigeria’s overnight lending rates soared to a record high of 100 per cent on Tuesday, signalling a sharp tightening of naira supply as the currency ... Full story

Central Bank Of Nigeria Recertifies Extra 28 Bureaux De Change Operators

The Central Bank of Nigeria (CBN) has once again recertified 28 more Bureaux De Change (BDCs) operators to continue in operation. This brings the total ... Full story

Nigeria’s Stock Worst in World Naira Slump Further With Election Delay

It looks like it’s going to get worse for investors in Nigeria before it gets any better. The country’s stock index is the worst performer in ... Full story

Access Bank Plc Pursue Investors With N52.26bn Rights Issue

The Managing Director, Access Bank Plc, Mr Herbert Wigwe, has called on investors to embrace the bank’s ongoing rights to ensure enhanced investment growth. Wigwe made ... Full story

Discount Sales iPad, Laptops And TVs, On Sale At 'Jumia Nigeria'

Jumia Nigeria is currently giving up to 80% discount on mobile phones, cameras, electronics, books, music, movies, computers, games & consoles, groceries and sports items. ... Full story

Four Nigerian Banks, Ranked In Top 500 In The World

A new report by The Banker magazine of the Financial Times and Brand Finance, London, has ranked four Nigerian banks among ‘Top 500 Banking Brands’ ... Full story

Federal Government To End, Importation Of Processed Tomato Paste

The Federal Government has taken steps to end the importation of processed tomato paste and puree into the country. Recently the Staple Crop Processing Zone Development ... Full story

China To Import More Crude Oil From Nigeria

China has pledged to import more Crude Oil from Nigeria. According to the country’s Deputy Chief of Mission in Nigeria, Mr. Zhang Bin, the Chinese government ... Full story

Federal Government To Pay N145 Million Compensation To Poultry Owners

The Federal Government has directed the compensation of N145 million to be paid to all poultry farms affected with bird flu within 72 Hours. The minister ... Full story

Federal Government To 100% Of It's Stake In NIGCOMSAT

The Federal Government is considering options to sell its stakes in NIGCOMSAT Limited, the publicly owned satellite services company under a transitional plan that may ... Full story

'Goodluck Jonathan' Meets Business Moguls In Nigeria (PHOTOS)

Driving his re-election campaign train beyond the terrain of social, entertainment, sports and agricultural sectors, President Goodluck Jonathan, on Sunday, January 25, 2015, had an ... Full story

'Ike Chioke' Federal Government May Borrow N2tn To Finance 2015 Budget

The Managing Director, Afrinvest West Africa Limited, a research and investment advisory firm, Mr. Ike Chioke, tells how falling oil prices will pose challenges to ... Full story

Federal Government Will Pay Fuel Subsidy For 40 Days - Diezani Alison-Madueke

Despite the recent reduction in the pump price of petrol from N97 to N87 per litre, the Federal Government has said it will still pay ... Full story

N220bn Fund Created To Help MSME's - Jonathan

The Federal Government designed the N220bn Small and Medium Enterprises Development Fund to tackle the dearth of financial resources available to small businesses and unleash ... Full story

N2.84 Per Litre On Petrol Subsidy - Petroleum Products Pricing Regulatory Agency

Despite the recent reduction in the pump price of petrol from N97 to N87 per litre, the Federal Government has claimed it still pays N2.84 ... Full story

Devaluation Of Naira Ruled Out By CBN

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday ruled out further devaluation of the naira and warned against speculative trading in ... Full story

1 2 next total: 69 | displaying: 1 - 41