Latest News

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  Delta woos investors with high returns

  Governor Ifeanyi Okowa of Delta State has assured local and international investors of high returns on investment when they tap into the rich business opportunities in the state. The governor spoke in Lagos while delivering a lecture...

  • Posted September 15, 2016
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  FBN Holdings triumphs at BusinessDay Annual Banking Awards

  FBN Holdings Plc, Nigeria’s leading financial services group, garnered four awards at the BusinessDay 2016 Annual Banking Awards. First Bank of Nigeria Limited and FBN Capital Limited, both subsidiaries of the FBNHoldings Group were recipients of double...

  • Posted September 14, 2016
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  Bello pledges 100,000 jobs for Kogi youths

  The Kogi State Governor, Yahaya Bello, has said his administration plans to empower 100,000 youths in the state to prevent them from becoming hooligans and tools in the hands of politicians. Bello, who described his administration as...

  • Posted September 14, 2016
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  Nigeria records biggest drop in oil output

  Crude oil production from Nigeria dropped the most in August among its peers in the Organisation of Petroleum Exporting Countries, paring the gain it recorded in the previous month. Nigeria had in March lost the status of...

  • Posted September 14, 2016
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  Agriculture plan needed to manage recession – Envoy

  Nigeria needs an agricultural blueprint to get out of recession, the Irish Ambassador to Nigeria, Mr. Sean Hoy, has said. Hoy, who spoke when he visited the Minister of Science and Technology, Dr. Ogbonnaya Onu, in Abuja...

  • Posted September 14, 2016
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  Despite huge deposits, Nigeria imports coal, iron ore – FG

  Nigeria currently imports significant amounts of coal and iron ore despite huge deposits of the mineral resources in the country, the Federal Government has said. The Federal Government said this in a document entitled: ‘Road map for...

  • Posted September 14, 2016
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  Nigeria has market for green bonds – Onyema

  the Chief Executive Officer, Nigerian Stock Exchange, Mr. Oscar Onyema, says there is significant market potential for green bonds in Nigeria. He said as a developing market with a population in excess of 180 million people, with...

  • Posted September 14, 2016
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  FG to reconcile MDAs’ huge debts to 11 Discos

  The federal government has said that it will review the huge debts owed the 11 electricity distribution companies (Discos) by its ministries, departments and agencies (MDAs) with a view to paying them off once their statuses are...

  • Posted September 14, 2016
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  Puma Energy delivers first bitumen to Nigeria

  Puma Energy, a global mid and downstream energy company, has announced the delivery of its first cargo of bitumen to its terminal located in Calabar, Cross River State, under a joint venture with WABECO Petroleum Ltd, registered...

  • Posted September 14, 2016
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  CBN offers N1.9bn loans to 12,405 farmers

  The Central Bank of Nigeria said it provided a total of N1.99bn to 12,405 farmers under its Agricultural Credit Guarantee Scheme during the second quarter of this year. The ACGS is an initiative of the CBN set...

  • Posted September 13, 2016
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  Dollar scarcity: Flour Mills resorts to local raw materials

  Flour Mills of Nigeria Plc said it has increased its reliance on local raw materials as part of efforts to overcome the challenges posed by the shortage of dollar supply in the country. The country’s biggest miller...

  • Posted September 13, 2016
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  Rice could sell for N40,000 by December – FG

  The federal government at the weekend warned that unless Nigerians ramp up the production of rice, a major staple in the country, and take advantage of current agricultural policies, the product could sell for as much as...

  • Posted September 13, 2016
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  GTBank promises to maintain robust dividend policy

  The Managing Director/Chief Executive Officer of  Guaranty Trust Bank (GTBank) Plc, Mr. Segun Agbaje has assured shareholders of the bank of a continuous robust dividend policy going forward. GTBank, which is one of the banks that pay...

  • Posted September 13, 2016
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  NCC issues final warning to telecoms operators over unsolicited SMS

  The Nigerian Communications Commission (NCC) has issued a final warning to telecommunication operators who still send unsolicited text messages (SMS) to its customers. In a statement by its Director of Public Affairs, Tony Ojobo, the commission reiterated...

  • Posted September 13, 2016
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