Business

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  Customs seize N250m smuggled cannabis from Ghana

  Forty-three jumbo bags of cannabis worth N250m smuggled into the country from Ghana have...

  • Posted December 30, 2016
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  Eight power firms reject 1,337MWH despite poor supply

  Eight power distribution companies rejected 1,336.75 megawatts-hour of electricity, representing 19 per cent of...

  • Posted December 29, 2016
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  Recession: Dangote commends Nigerians’ resilience

  Africa’s richest man, Aliko Dangote, has commended Nigerians for their resilience and doggedness even...

  • Posted December 29, 2016
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  Power generating firms perform below 30% – Report

  The combined performance of all the privatised thermal power generating stations in the country...

  • Posted December 28, 2016
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  External reserves rise further, now $25.4bn

  The nation’s foreign exchange reserves have risen further to $25.4bn, according to the latest...

  • Posted December 28, 2016
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  Nigeria loses N94bn to gas flaring in four months

  The country lost at least N94bn in four months as oil and gas companies...

  • Posted December 28, 2016
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  We don’t have forex to import aviation fuel — Marketers

  The scarcity of aviation fuel in Nigeria may be far from being over as...

  • Posted December 27, 2016
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  NNPC gets 30% discount on contracts after renegotiations

  The Nigerian National Petroleum Corporation on Sunday said it realised between five per cent...

  • Posted December 27, 2016
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  Nigeria loses N115bn to crude terminal shutdown

  With global oil prices trading above the $50 per barrel mark since November 30,...

  • Posted December 26, 2016
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  CBN sells N40bn treasury bills

  The Central Bank of Nigeria said it had raised N39.72bn ($130.57m) at a Treasury...

  • Posted December 26, 2016
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