Nigeria’s GDP rises 1.95%, non-oil sector accounts for 90.3%

The oil sector’s contribution to Nigeria’s Gross Domestic Product, GDP remains below 10 per cent in Q1 figures of the nation’s GDP released by the National Bureau of Statistics in Abuja today. Finance Minister Kemi Adeosun: GDP grew by 1.95% in Q1 According to the NBS, the nation’s GDP grew by 1.95 per cent year-on-year- in real terms in the More...

by Uchenna Ajah | Published 5 hours ago
By Uchenna Ajah On Sunday, May 20th, 2018
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Foreign CEOs take over Corporate Nigeria

. They are trying to protect their interests – Experts  By AYOOLA OLAOLUWA Foreigners have taken over the management of most multinational companies in Nigeria, BusinessHallmark findings have revealed. A More...

By Uchenna Ajah On Sunday, May 20th, 2018
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UBA’s Uzoka steps out of the shadows

By TESIM SHITTA-BEY United Bank for Africa (UBA) has had a chequered history of good times and bad times but with its blazing first quarter (Q1) 2018 results setting the tone for a new twist in the tale analysts More...

By Uchenna Ajah On Saturday, May 19th, 2018
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Ikeja Hotels returns to Lagos bourse

The Nigerian Stock Exchange (NSE) has given the management of Ikeja Hotels the approval to resume trading after reviewing the two-year suspension placed on the shares of the company on Nov. 10, 2016. Lagos Sheraton More...

By Uchenna Ajah On Friday, May 18th, 2018
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N5bn fraud: Akingbola has case to answer – Supreme Court

The Supreme Court on Friday ordered, Erastus Akingbola, to return to the Federal High Court, Lagos, to answer his alleged five billion Naira fraud charge. Former MD of defunct Intercontinental Bank Erastus Akingbola Akingbola More...

By Uchenna Ajah On Friday, May 18th, 2018
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AMCON takes over Sen. Oduah’s assets

The Asset Management Corporation of Nigeria (AMCON) has taken over Sea Petroleum Oil & Gas Ltd. and other assets belonging to Sen. Stella Oduah-Ogiemwonyi over an unpaid debt of about N20 billion. AMCON takes More...

By Uchenna Ajah On Friday, May 18th, 2018
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Total, Mobil oil top losers’ chart on NSE

Total Nigeria Plc on Friday at the Nigerian Stock Exchange (NSE)  topped the losers’ chart, dropping by N9.80 to close at N212 per share, the News Agency of Nigeria (NAN)reports. Mobil Oil trailed with a loss More...

By Uchenna Ajah On Friday, May 18th, 2018
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Invest more in science education, academic tasks FG

The Federal Government has been advised to increase its funding of the education sector if Nigeria is to become globally competitive. File photo-Nigerian-Science-Students An academic at the Obafemi Awolowo University, More...

By Uchenna Ajah On Friday, May 18th, 2018
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Crude prices hits above $80 since late 2014

Benchmark oil contract Brent North Sea briefly surged above $80 a barrel Thursday, hitting its highest level since late 2014 and extending a recent run higher fuelled by tight supply concerns. European stock markets More...