Business

The price of Brent, Monday, rose to $77.16 from $76.10 per barrel, in the international market, following the indefinite postponement of the much-expected meeting of the…

The fear of how much a naira exchanges for dollar dominated the business environment in the first half of this year. With the local currency closing the first half of the year…

Holders of refining licences in the country can pay for domestic crude oil supply in naira, according to the Petroleum Industry Bill passed by the National Assembly…

Ahead of the completion of the Dangote Oil Refinery, the Major Oil Marketers Association of Nigeria (MOMAN) has expressed an intention to engage the…

Aimed at attracting foreign investments to France, the Choose France Summit held in Versailles, June 28, was of a different hue this time. It saw…

The Chief Executive Officer of Dangote Group of Companies, Alhaji Aliko Dangote, on Friday, appealed to the Nigerian Navy to mobilise its…

Ecobank Nigeria Limited has asked the Federal High Court in Lagos for leave to take over all the assets of Honeywell Group, owned by Oba Otudeko, over an alleged…

The largest shareholder and Chairman of Nigeria’s second largest publicly listed manufacturing company, BUA Cement Plc, Abdul Samad Rabiu, has announced a share bonus…

MYSTERY surrounds the fate of Bitcoin billionaire Mircea Popescu amid reports he drowned off the coast of Costa Rica. The unconfirmed death of the controversial…

The Naira has failed to appreciate as the United States dollar sells for N500+ with traders and experts calling on the federal government to…

Group Managing Director of the Nigerian National Petroleum Corporation, Melee Kyari, says African billionaire and business…

Banks have commenced engagement with the Nigerian National Petroleum Corporation (NNPC) on how to lend the Corporation loan to acquire equity 20 per equity…

There are enduring billionaires and there are emergency billionaires; those with visible, vibrant businesses and those who parlay their influence in the political…

As part of steps to attract investment, President Muhammadu Buhari has authorized the Nigerian national Petroleum Corporation (NNPC) to acquire 20 per cent stake in…

With the coming on stream of Dangote Fertiliser Limited, global urea capacity is poised to see considerable growth over the upcoming years, potentially increasing from 222.96 million tonnes per annum…

Britain's financial regulator has said Binance, one of the world's largest cryptocurrency exchanges, cannot conduct any regulated activity and…

Phil Knight, the shoe king, and his family are the world’s 23rd richest with a net worth of $58.8 billion. The 83-year-old American billionaire is the co-founder of Nike, the world’s leading athletic shoes and…

First City Monument Bank (www.fcmb.com) has explained that its increased and consistent support to Small and Medium Scale Enterprises…

Nigeria’s rapidly growing population is giving life f to the baby food market, which has to ensure an estimated 7 million babies born in Nigeria…

The Governor of the Central Bank, Godwin Emefiele advised investors in the U.K that he expects the true value of the naira to be between N430-455 to the dollar.Mr Emefiele made this comment in a Webinar organized…

The ancient city of Kano comes alive in this gripping tale of ‘The Passport of Mallam Ilia’. Set in 19th century Africa, it is a cautionary tale of love, conquest and betrayal. The movie features the late Sadiq Daba,…

Brent crude, the global oil benchmark, has crossed the $75 mark — highest level since April 2019 —  in what is a potential boost to Nigeria’s oil export revenue.…

Google has unveiled new initiatives to help startups in Nigeria and other African countries get access to capital and best of its resources. The…

Nigeria, between the years 2010-2019, made a total of $418 billion from the oil and gas sector, the Nigerian Extractive Industries Transparency Initiative…