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Bankers committee

Bankers Committee to support FG’s infrastructural drive

BY EMEKA EJEREThe Bankers Committee of the Central Bank of Nigeria (CBN), said it has set up a sub-committee to work out modalities and...

Nigeria loses $750m to oil theft in 2019 – NNPC

The Nigerian National Petroleum Corporation (NNPC) says the nation lost about 750 million dollars to oil theft in 2019.The NNPC Group Managing Director, Malam...

Oil demand dampens, gold soars past $1,600 amid coronavirus concerns

Oil prices lower as the coronavirus is dampening demand from China. This comes as investors turn to safe assets, causing gold to climb past...

Naira sheds N0.50 against Dollar to N358.50 at parallel forex market

The Naira lost N0.50 against the Dollar at the parallel market on Tuesday to close at N358.50/$, while the transfer rate remained unchanged to...

Banking, Consumer goods sectors drag Nigerian equity market down 0.08%

Sell pressure on Banking and Consumer goods sectors cause the Nigerian equity market to dip, recording the fourth consecutive declines on Tuesday.The All-Share Index...

Enugu Assembly asks FG to review EEDC’s monopoly

Enugu State House of Assembly has urged the Federal Ministry of Power to review the monopoly being enjoyed by the Enugu Electricity Distribution Company...

Nigeria’s inflation rate hits 2-year high at 12.13 percent in January 

Nigeria's consumer price index, which measures inflation has rose to 12.13 percent in January 2020, highest in almost two years, according to data released...
Shola Jesuseitan, Petdavella CEO

Our goal is to reduce carbon emissions in Nigeria to barest minimum – Jesuseitan,...

Oluwashola Jesuseitan CEO of Petdavella Nigeria Limited, a recycling company with focus on energy efficiency has said his company has set out on the...

Strong Q4 earnings boost  First Bank balance sheet

Bank in liquidity glut in spite of high CRR, LDRBy JULIUS ALAGBEOn the back of improvement in its balance sheet, the management, FBNH...

TOP STORIES

Eye on power: U.K–Africa Investment Summit and the future of oil (column)

By UCHE CHRISOrdinarily last week’s U.K- Africa investment summit held in London with President Buhari in attendance followed the traditional and established pattern of...

Nigerian forward Odion Ighalo joins Manchester United

Ex-Super Eagles forward, Odion Ighalo has reached an agreement with top Premier League side, Manchester United for a six-month loan deal.Ighalo, 30, who currently...