Business

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  Despite scarcity, daily subsidy on petrol hits N1.81bn

  The Federal Government is still spending about N1.81bn daily to subsidise the Premium Motor...

  • Posted May 24, 2015
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  We have no money to import fuel — Marketers

  There are indications that the current fuel scarcity may not abate unless the Federal...

  • Posted May 24, 2015
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  Nigerian artists dominate global art auction, as new record is set

  When the hammer fell to signal the end of the Africa Now sale in...

  • Posted May 24, 2015
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  Ecobank chairman assures shareholders of greater returns

  The Chairman, Ecobank Transnational Incorporated, Mr. Emmanuel Ikazoboh, has reiterated the commitment of the...

  • Posted May 23, 2015
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  Banks to surpass Q1 positive outlook on back of new CRR policy

  Banks’ stellar performance in their first quarter outing despite headwinds may be consolidated and...

  • Posted May 23, 2015
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  Nigeria benefits $20bn FDI in 3 years

  Olusegun Aganga, minister of industry, trade and investment, said Nigeria benefited $20 billion of...

  • Posted May 23, 2015
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  Stanbic IBTC Bank, Spanish institution sign finance deal

  Stanbic IBTC Bank and a leading business school in Spain, IE Business School, have...

  • Posted May 23, 2015
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  Nigeria’s GZ Industries to buy Frigoglass glass operations for $225m

  Greek refrigerator maker Frigoglass has agreed to sell its glass business to Nigerian aluminum...

  • Posted May 23, 2015
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  Economy threatened as fuel crisis worsens

  The current fuel crisis has assumed a frightening dimension in Lagos, Nigeria’s commercial capital,...

  • Posted May 23, 2015
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  Shrinking space, regulation push brokers out of business

  Small scale brokerage firms in Nigeria risk extinction over their inability to generate substantial...

  • Posted May 22, 2015
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