The African Development Bank (AfDB) has said that Nigeria and other African countries lose about $50 billion annually to illicit financial flow. Director, AfDB, ..
Nigeria’s dependence on imported cement can authoritatively be said to be a thing of the past as Dangote Cement for the first quarter exported a total of 211 kilotons ..
Customers seek sanctions against erring banks By Babajide Komolafe & Elizabeth Adegbesan Nigeria Bureau of Statistics (NBS) said that banks have refunded ..
Transnational Corporation of Nigeria Plc has reported a growth in profit of 262 per cent for the first quarter of 2018 compared to the same quarter in 2017. The ..
Maureen Ihua-Maduenyi The Nigerian Airspace Management Agency says it has commenced moves to shore up its revenue base in order to meet its core obligation of air navigation ..
Okechukwu Nnodim, Abuja The Federal Government had a target of increasing the identity database of Nigerians from 28 million to 70 million, President Muhammadu Buhari, ..
Rasheed Bisiriyu The Federal Government says it is forging ahead with its implementation of the automotive industry development policy geared towards encouraging ..
Rasheed Bisiriyu PAN Nigeria Limited, the assemblers of Peugeot brand of vehicles in Nigeria, says it has commenced a national campaign for genuine spare parts for its vehicles ..
Nigeria’s dependence on imported cement appears to be a thing of the past as Dangote Cement Plc exported a total of 211 kilotons of cement to Ghana, Togo and Niger ..
Oyetunji Abioye The Central Bank of Nigeria has stepped into the inter-bank sector of the foreign exchange market, yet again, intervening in the wholesale segment ..
Everest Amaefule, Abuja Nigeria and other African countries are losing more than $50bn per annum to illicit financial flows, the African Development Bank has said. ..
The Convener, Time Management and Productivity Summit in Nigeria, Mr. Afolabi Abiodun, speaks to OZIOMA UBABUKOH on the slow growth of SMEs and minimum wage, among ..
Total telecommunications service provider, Globacom, has signed a multi-million dollar contract with top Chinese technology Huawei Technologies Co., Ltd., to provide ..
Femi Makinde, Osogbo A lecturer in the Department of Economics and Business Studies, College of Management and Social Sciences, Redeemer’s University, Ede, Prof. ..
Okechukwu Nnodim, Abuja The Federal Government has not done enough in the area of maintenance of infrastructure across the country, the Minister of Power, Works ..
Akinpelu Dada The Federal Inland Revenue Service generated a total of N1.17tn in the first quarter of this year from the collection of various taxes, according to a document ..
Okechukwu Nnodim, Abuja The Nigerian Institute of Management has inducted 102 senior military officers as qualified members. It induction was held during the executive ..
is it ever too early to set up a bank account for your kids? Find out how to open children’s savings account, when to do it, which bank to choose and so much more ..
By Princewill Ekwujuru Pay TV-provider, Kwesé TV, says its new television show, Marketing, Media and Money is targeted at marketing professionals and enthusiasts. ..
By Godwin Oritse THE Nigerian branch of the Institute of Chartered Ship Brokers, ICS, of London, yesterday, berated the failure of the Revenue Invoice Management ..
By Nkiruka Nnorom Investors have shunned the Direct Cash Settlement, DCS, introduced by the Securities and Exchange Commission, SEC, and the Nigerian Stock Exchange, ..
By Princewill Ekwujuru Lagos State Signage & Advertisement Agency (LASAA) and outdoor advertising practitioners under the aegis of Outdoor Advertisers ..
Records N242bn revenue By Yinka Kolawole Dangote Cement exported a total of 211 kilotons of cement to three African countries namely, Ghana, Togo and Niger in the first ..
Ozioma Ubabukoh A Nigerian, Chinedu Moghalu, has been appointed the Senior Communications Specialist/Head, Communications and Advocacy for the Africa Risk Capacity/United ..
By Michael EbohThe Nigerian Association for Energy Economics, Tuesday, stated that Nigeria, despite its abundant energy resources, can best be described as a country ..
READ ALSO: As husband’s whereabouts is unknown, wife seeks divorce from his relations “China is our second home,” recently-installed chief executive Herbert ..
Oil prices suffered a setback yesterday as a rising U.S. rig count pointed to further increases in the country’s output, underlining one of only few factors holding ..
The Petroleum Technology Association of Nigeria (PETAN) has disclosed that2, 500 Nigerian professionals to participate in 2018 Offshore Technology Conference (OTC) ..
By Emeka Anaeto, in Washington DC The Director General, Budget Office, Mr Ben Akabueze, has indicated that public servants would still be pushing through the implementation ..
The executive secretary, Nigerian Shippers Council (NSC), Mr Hassan Bello, has said the federal government’s desire is to create a sustainable and effective national ..
Diaspora Nigerians sent $22 billion home in 2017, an African record and the fifth largest remittance by immigrants, according to the World Bank. Egypt received $20 billion ..
United Bank for Africa (UBA), on Monday endorsed the payment of N22.23 billion final dividend declared by the board for the financial year ended Dec. 31, 2017. From ..
The Lagos State Government saved a total of N4.5billion in the last three years as a result of the decision of Governor Akinwunmi Ambode to stop the sponsorship ..
BY JIMITOTA ONOYUMEWARRI – Nigeria Monday lost over 80,000 barrels of crude as protesting women and youths shut down two major flow stations in Erhoike and Olomoro, ..
By Michael EbohMinister of Power, Works and Housing, Mr. Babatunde Fashola, Executive Secretary of the Petroleum Technology Development Fund, PTDF, Mr. Aliyu Gusau ..
Ifeanyi Onuba, Abuja The Federal Government is targeting fresh investments in the auto industry through the National Automotive Industry Design and Development Bill. ..
The EU on Monday launched an in-depth probe of tech giant Apple’s plan to buy leading song-recognition app Shazam because of fears the deal may reduce choice for consumers. ..
The Minister of Mines and Steel Development, Dr Kayode Fayemi, has said that he was not billed to attend Washington Investment Forum and that during the said period ..
Head, Internal Control and Audit, Olive Microfinance Bank Limited, Mr. Agbai Egbu, in this interview said that the Central Bank of Nigeria, CBN must enforce collateral ..
’Nimi Akinkugbe ([email protected]) Gbenga Thomas recently got a well-deserved promotion in a leading manufacturing company. He earned a decent income with good ..
By Babajide Komolafe The readimission of Nigeria into the J.P Morgan Government Bond Index-Emerging Market (GBI-EM) is imminent following the successful operation ..
By Babajide Komolafe The ability of banks to expand credit to the real sector will define the nature of competition in the banking industry in 2018. Coronation Research, ..
By Prince Okafor KPMG Nigeria has said that Foreign Exchange (Forex) and crude oil price volatility are among the top ten risks for Nigerian businesses in 2018, ..
Ozioma Ubabukoh Have a registered business name, and use that business name throughout the proposal except where you have to sign. Corporate organisations don’t ..
By Babajide Komolafe THE N633 billion upsurge in credit to the private sector in February has been greeted with divergent outlooks for the overall growth in credit ..
Transcorp Hotel Plc has posted a growth of 28 per cent in its Group revenue for the first three month of it financial year, ended March 31, 2018. This was disclosed ..
The 2018 edition Vanguard Economic Discourse featured a panel of leading operators in various spheres of the economy including the Managing Director of Development ..
The International Monetary Fund will systematically address corruption and its impact on economic growth with all its member countries under new guidelines launched ..
The Senior Vice-President, Europe, Middle East, Africa and India, Delta Air Lines, Corneel Koster, at a news conference in Lagos says the travel industry in Nigeria ..
Recent data provided by the World Bank says 118 million Nigerians do not have bank accounts. The information was made available in the latest Global Findex Database ..
Vodacom Business Nigeria and Intelsat S.A. has announced an agreement to expand its enterprise broadband connectivity in Nigeria. This is in order to further provide ..
In this report, NIKE POPOOLA examines the conditions for accessing benefits by workers and retirees under the Contributory Pension Scheme Earning pension stipends ..
No fewer than 15 residents of Victoria Garden City, Ajah, on Lekki-Epe Expressway are to be prosecuted for their alleged involvement in energy theft, Eko Electricity ..
By Emmanuel Elebeke with agency reportABUJA – South African telecoms giant, MTN has appointed Nigerian investment firm Chapel Hill Denham as lead issuing house ..
SystemSpecs, owners of Remita, the software infrastructure which facilitates payment into Nigeria’s Treasury Single Account (TSA), will fly the Nigerian flag alongside ..
Abuja – Mr Ahmed Idris, the Accountant-General of the Federation (AGF), has said that N10 billion paid for local contractor’s liabilities was duly appropriated ..
The market indicators of the Nigerian Stock Exchange (NSE) closed trading on Friday with marginal drop of 0.15 per cent. The News Agency of Nigeria (NAN) reports ..
The Nigeria Custom Sevice (Sokoto, Kebbi and Zamfara Area Command has within the week confirmed the siezure of about 48 vehicles with duty paid value of an hundred ..
•‘Why we’re linking Nigeria, Niger by rail’ Okechukwu Nnodim, Abuja The total amount needed for the construction of a second runway at the Nnamdi Azikiwe ..
Everest Amaefule, Abuja Ocean and Cargo Terminal Services Limited has emerged the preferred bidder for the concession of Terminal B Warri Old Port in Delta State, ..
John Ameh, Abuja The House of Representatives has asked the Nigerian Electricity Liability Management Limited to speed up the sale of the non-core assets of the defunct ..
Ifeanyi Onuba, Abuja The Federal Government, the United Nations Industrial Development Organisation and other stakeholders in the economy on Thursday commenced a validation ..
Okechukwu Nnodim, Abuja The Nigerian National Petroleum Corporation on Thursday announced that it had ended its lease agreement with owners of the super mega petrol ..
’Femi Asu with agency report International oil benchmark, Brent crude, climbed towards a four-year high of $75 per barrel on Thursday, with traders pointing to tightening ..
Sterling Bank Plc has launched a new mobile banking application known as I-invest in a bid to encourage people to build a savings and investment culture. The new application ..
Everest Amaefule and Ifeanyi Onuba The African Development Bank and the European Investment Bank have both agreed to invest fresh $70m (N25.2bn) in the Development ..
MTN Nigeria has partnered Twinpine, a Terragon company with specialties in mobile marketing, to unveil an upgraded version of the MTN Mobile Advertising. The product ..
Dufil Prima Foods Plc has announced the unveiling of a campaign tagged, ‘MyIndomieMyStyle’. According to a statement from the firm, the campaign is set to enlighten ..
An integrated agricultural project is being planned for Ekiti that may lead to the creation of 25,000 jobs, according to the facilitator of the initiative. A fellow ..
Oyetunji Abioye The naira is expected to remain stable against the United States dollar in coming weeks as the Central Bank of Nigeria continues to intervene in the foreign ..
MTN Group and Ecobank Transnational Incorporated have come together to provide mobile financial services across the various African countries where they currently ..
The National Engineering and Technical Company Limited, has for the first time since its establishment, delivered the highest dividend of N750m to its shareholder, ..
Okechukwu Nnodim, Abuja The Nigerian Electricity Regulatory Commission has warned that there will be chaos in the power sector if the National Assembly criminalises ..
By Elizabeth Adegbesan The African Development Bank, AFDB, and European Investment Bank (EIB) yesterday announced the injection of $70 million equity investment ..
By Emeka Anaeto, Business Editor At the backdrop of increasing impressive performance of the global economy, the Managing Director of the International Monetary ..
Zenith Bank Plc has announced profit before tax (PBT) of N54.001 billion for the first quarter ended March 31, 2018. The bank financial result released on the Nigerian ..
Anna Okon The Managing Director, Bank of Industry, Mr. Olukayode Pitan, has advised young entrepreneurs against starting business with money borrowed from the bank. ..
Jennifer Abraham [email protected]07085535476 Science, technology and innovation or STI, is very important for national economic development. Although scientists ..
A telecommunications services provider, Airtel Nigeria, has announced that it will celebrate the 2018 World Book Day with public primary school pupils across different ..
Employees of the Nigerian Stock Exchange on Thursday said financial donation was made to fund medical bills for 10 children in SOS Children’s Village, Lagos, in line ..
Femi Asu ELITE, London Stock Exchange Group’s business support and capital-raising programme, has signed a Memorandum of Understanding with Nairobi Securities ..
Personal loans can be a quick fix for people who need cash in a flash. But with the promises of a nearly instantaneous money infusion, people can be biting off more ..
’Femi Asu Zenith Bank Plc saw its pretax profit for the first quarter of the year grow by 22.17 per cent to N54bn, compared to N44.2bn in the same period of last ..
Anna Okon The Manufacturers Association of Nigeria says it has discovered that cocoyam can be used as an alternative to sorghum in factories producing beer and other ..
Microsoft has marked its fifth year of 4Afrika initiative by hosting a showcase event for the media in Lagos. A statement indicated that the Regional Director, Microsoft, ..
Nigerian farmers have been urged to adopt drip irrigation method to boost crop yields, as the effect of the dry season takes its toll on cultivated farmlands across ..
Anna Okon Nestlé Nigeria has announced the introduction of a new breakfast cereal, Golden Morn Puffs. It said that the product was made from grains and cereals ..
Anna Okon A communication system that instantly connects artisans and those in need of their services to be known as Naija Quick Fix will soon commence operation ..
Arinze Onebunne [email protected]08033262808 There is no doubt that there is an increase in unemployment rate in Nigeria. It is also one of the major social problems ..