Business
Nigeria equities market open November with 0.24% loss
Transactions on the Nigerian Stock Exchange, NSE, opened for the month of November on Friday with a decline of 0.24...
203 ex-Union Bank employees sue bank over N16bn unpaid pension
No fewer than 203 former employees of the Union Bank of Nigeria Plc on Thursday dragged the bank before the National...
BUA’s $450m cement company to be commissioned in 2020 – Official
BUA Group has disclosed that its newest 3million metric tonnes cement plant, the $450million Sokoto Kalambaina II plant, will be...
Nigeria’s $30 crude oil production cost too much, not sustainable – Sylva
The Minister of State for Petroleum Resources, Timipre Sylva, says that the over 30 dollar crude production cost in Nigeria is...
Mudassir & Brothers to establish $50m textile industry in Kano
A Kano-based textile trading company, Mudassir & Brothers, says it has commenced processes of establishing a textile manufacturing company worth...
NDIC recovers over N29bn from liquidated commercial banks, N129m from Microfinance banks – MD
The Managing Director of the Nigeria Deposit Insurance Corporation, NDIC, Umaru Ibrahim, says the corporation has since its inception recovered...
Nigerian govt may impose excise tax on Coca-Cola, other soft drinks – Ahmed
The Minister of Finance, Zainab Ahmed, has disclosed that the Federal Government is mulling the imposition of excise duties on...
Fake N500, N1000 naira-notes in high circulation — CBN report
The Central Bank of Nigeria, CBN, on Wednesday, said that a total of 119,663 pieces of counterfeit notes with a...
How Nigerian govt will fund 2020 Budget, by Finance Minister
The Nigerian government has explained how it plans to source funds for the N10.33 trillion 2020 budget.
Dangote donates $20m to The African Center
The Chairman, Aliko Dangote Foundation, Aliko Dangote, has donated of $20 million to The Africa Center in New York, United...