Business
Pre-paid meter manufacturer begs Nigerian govt for ‘special’ forex regime
An indigenous electricity prepaid metre manufacturing firm, Sabrud Consortium, has urged the Federal Government to grant special forex regime to...
COVID-19: Nigeria’s economy shrinks by 5.4% – IMF
The International Monetary Fund, IMF, has projected that Nigeria’s 2020 growth will shrink by 5.4 per cent, as against the...
MTN free SMS to Nigerians hits 3.7bn
Ferdi Moolman, the MTN Nigeria Chief Executive Officer, on Tuesday said that the network provider had provided 3.7 billion free...
NSE commences week with 0.30% loss
The Nigerian Stock Exchange, NSE, commenced trading for the week on Monday with a loss of 0.30 per cent.
Nigeria committed over $10m to polio eradication – Emeka Offor
The Sir Emeka Offor Foundation says it has committed $10 million financial interventions, with matching grants from Bill and Melinda...
NSE moves 174.68m shares worth N2.01bn in bearish trading
Investors on the Nigerian Stock Exchange, NSE, on Friday traded 174.68 million shares valued at N2.01 billion in 3,695 deals.
AfDB: Why we support Adesina’s re-election – Nigerian fish farmers
The Nigeria Fish Farmers Association, NFAN, says it supports the re-election of Dr Akinwumi Adesina as President of the African...
Samsung launches app to measure blood pressure with wearable device
Samsung Electronics, South Korea’s tech giant, said on Thursday that it had launched an application to measure blood pressure with...
AfDB joins Nasdaq Sustainable Bond Network
African Development Bank, AfDB, has been included in the issuer of social bonds, the Nasdaq Sustainable Bond Network, NSBN.
MOMAN disturbed as Nigeria’s comatose refineries record over N154bn loss
The Major Oil Marketers Association of Nigeria, MOMAN, has expressed concern over the N154 billion loss recorded by Nigeria’s three...
NSE market capitalisation drops further by N17bn
The Nigerian Stock Exchange, NSE, market capitalisation closed trading for the week on Thursday with a loss of N17 billion....
NNPC orders reduction of crude oil production costs to 40%
Management of the Nigerian National Petroleum Corporation, NNPC, says it has directed all its partners and suppliers to bring down...
AfDB Vice President resigns
Dr Jennifer Blanke, the African Development Bank, AfDB, Vice President for Agriculture, Human and Social Development, has resigned her appointment.
Dangote, Stallion, others boost Ekiti Agric sector with $50m investments
Ekiti State Government, said it had issued a Certificate of Occupancy (C of O) to Stallion Group for a 10...
CBN to fund 1.6m farmers in 2020 wet season
The Central Bank of Nigeria, CBN, says it will fund 1.6 million farmers in the 2020 wet season across the...
Airtel Africa celebrates 10 years milestone with 110m customers
Airtel Africa, a telecommunications provider in 14 countries across sub-Saharan Africa, celebrates its 10-year anniversary in June, the company said...
COVID-19: AfDB approves 5-year strategy for Nigeria to get out of COVID-19 economic crisis
The Board of Directors of the African Development Bank, AfDB, has approved Nigeria’s Country Strategy Paper, CSP, 2020-2024, which builds...
Islamic Banking: Jaiz declares N2.4bn profit after tax
The premier Islamic non-interest banking platform in Nigeria, Jaiz Bank PLc., has released its 2019 audited results, declaring a Profit...
NNPC to delve into power, medical ventures – Official
The Nigerian National Petroleum Corporation, NNPC, says it is firming up business portfolios in the power, medical, housing and other...
OPEC+ cuts responsible for current oil market stability — Barkindo
The Secretary-General of the Organisation of Petroleum Exporting Countries, OPEC, Dr Mohammad Barkindo has attributed the stability in the global...
‘Crude oil prices unlikely to return to $60pb until 2022’
Oil prices are unlikely to return to the pre-crisis level of $60 per barrel until 2022, yet the market has...
Zenith Bank emerges best bank in Nigeria
Zenith Bank Plc has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best...
CBN to empower 11,250 farmers in Adamawa
The Central Bank of Nigerian, CBN, under its Anchor Borrowers Programme, says it is set to empower no fewer than...
World Bank approves $346m fund for projects in Nigeria, others
The World Bank has approved $346m for two projects aimed at strengthening resilience and livelihoods in the Lake Chad region.
