All posts by BusinessNews Staff

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  Nigeria to hold talks with Ghana over gas supply threat

  A Ghanaian Government delegation is at present in Nigeria to hold emergency talks with the federal government, to avert a drastic gas supply cut threat. The Nigerian National Petroleum Corporation (NNPC) said it would cut gas supply...

  • Posted October 18, 2015
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  Nigeria must return to strict tax policy – Oshiomhole

  Governor Adams Oshiomhole of Edo State has said that as a way of getting out the present economic crisis caused by the crash in the price of crude oil, Nigeria must return to its strict tax policy...

  • Posted October 18, 2015
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  NESG calls for improved security, inclusive growth

  The 21st edition of the Nigerian Economic Summit (NES#21) drew to a close yesterday with recommendations to the President Muhammadu Buhari administration to work towards a more inclusive growth as well as address the dilemma of insecurity...

  • Posted October 18, 2015
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  FG urged to review export policies to boost revenue

  The federal government has been enjoined to review existing export laws that have continued to limit export, thereby denying Nigeria of foreign exchange. South West Professional Forum (SOWPROF), gave the advice in a statement made available to...

  • Posted October 17, 2015
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  Naira drops to N197/$1 at interbank market

  The Central Bank of Nigeria (CBN) weakened its exchange rate peg slightly to N197 naira to the dollar on the interbank market yesterday, from N196.98 it set on Monday. Traders said the regulator sent a message announcing...

  • Posted October 17, 2015
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  101 oil traders submit bids for offshore processing contracts

  The Nigerian National Petroleum Corporation (NNPC) on Thursday received 101 bids from oil traders seeking offshore processing agreements (OPAs) with the state-run oil firm under its crude-for-petroleum products’ exchange programme. Results from the public bid opening, which...

  • Posted October 17, 2015
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  BA unveils on-business programme for SMEs

  Europe’s mega carrier, British Airways has introduced online business prgramme for Small and Medium Enterprises (SMEs) known as On-Business and aimed at providing extra travel services at affordable fares for such line of enterprises in order to...

  • Posted October 17, 2015
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  How MDAs short-changed Nigeria by remitting dollar revenue in naira

  The National Economic Council (NEC) was on Thursday told how some federal government agencies short-changed the country by remitting dollar revenue into the Federation Account in naira. The Cross River State Governor Ben Ayade, who briefed State...

  • Posted October 17, 2015
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  Operators blame NCC for telecoms industry woes

  Telecoms operators have called on the Nigerian Communications Commission (NCC), to exert more of its statutory powers to address the myriad of challenges, which have stunted growth of the Nigerian telecoms sector. The operators who spoke through...

  • Posted October 16, 2015
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  Nigeria, Turkey trade volume hits $2.5billion

  Turkish Ambassador to Nigeria, Hakan Cakil, has said trade volume between both countries has now reached $2.5 billion. The Turkish envoy stated this at a forum organised by the Abuja Chamber of Commerce and Industry (ABUCCIMA) for...

  • Posted October 16, 2015
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