Business

The 2020s are set to be the Asian decade, with the continent dominating an exclusive list of economies expected to sustain growth rates of around 7%.India, Bangladesh, Vietnam, Myanmar and the Philippines should all…

A former Director of the Budgetary Department of the CBN, Dr Titus Okunronmu, has commended President Muhammadu Buhari for re-appointing Mr Godwin Emefiele as governor of the apex bank. Okunronmu gave…

The federal government’s efforts at attaining food security and produce more for export have been boosted by Mantrac Nigeria Ltd and the Nigerian Agricultural Mechanisation and Equipment Leasing Company…

Tesla has quietly launched several neat features over the past couple of days, making it easier for Tesla owners to receive software updates, and get their car fixed if something goes wrong. On Monday, Electrek wrote that…

Nigeria has earned more than $180 billion from deepwater operations, the Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, said yesterday. Baru, who spoke…

Honda Automobile Western Africa LTD has launched the first unit of HR-V assembled in Nigeria.Speaking after a road show with the National Automobile Design and Development Council (NADDC), Director General, Jeleni Aliyu at…

Hackers stole more than 7,000 bitcoin from crypto exchange Binance, the world’s largest by volume, the startup reported Tuesday. Binance announced that a “large scale security breach” was…

The Central Bank of Nigeria in collaboration with the Bankers’ Committee as part of efforts to boost job creation in Nigeria, particularly among the youth, has developed a Creative Industry Financing…

From May 1 to July 31, business registration will cost only N5000, Vice-president Yemi Osinbajo has said.  Spurred by the successes recorded in the first 50% discount window for business registration in…

Samsung says it will cancel all orders for the Galaxy Fold if it has not shipped the device by May 31st and if it has not heard otherwise from existing preorder customers, reports Reuters. Samsung…

The Esuk Mba community market in Akpabuyo Local Government Area of Cross River State is still practising trade by barter as a means of exchange for food items since it was established in 1956, the News Agency of Nigeria…

The Securities and Exchange Commission (SEC) has confirmed MTN Nigeria’s application for listing on the Nigerian Stock Exchange (NSE). SEC’s Head, Corporate Communications, Mrs. Efe Ebelo, who confirmed…

Nigeria’s taxpayer roll will soon hit 45 million, the Executive Secretary, Joint Tax Board (JTB), Sir Oseni Elamah, has said. He stated this yesterdaty while presenting a report on the new Taxpayer…

To revive Nigeria’s moribund cotton, textiles and garments sector, the Central Bank of Nigeria (CBN) on Monday commenced the distribution of cotton seeds and other inputs to farmers in Katsina State.To encourage…

Reports have shown that Nigerian banks generated a total revenue of about N124.5 billion from electronic transactions in FY 2018. A breakdown of the audited 2018 yearly reports from 11 banks indicates…

Aiteo Eastern Exploration and Production says it is compelled to shut down the 97 kilometer Nembe-Bonny oil export pipeline due to discovery of additional leaks. Mr Mathew Ndianaabasi, Spokesman for Aiteo,…

Credit and debit cards are handy tools for payment. They can be used online or in person, and it is easy to use somebody else’s card. In fact, cards often get passed around, stolen, or otherwise used in ways that were not…

The Nigerian National Petroleum Corporation (NNPC) has a trade surplus of N15.04billion for January, an increase of 24 per cent over the N12.13 billion surplus posted by the corporation in December 2018.…

GOING by the record of the Central Bank of Nigeria (CBN), e-fraudsters have fleeced customers of self-initiated banking solutions, such as Mobile Apps and Unstructured Supplementary Service Data…

Ahead of Ramadan, prices of tomato and pepper have soared by 60 per cent in some markets in Lagos, the News Agency of Nigeria (NAN) reports. A NAN survey conducted at Mile 12, Oke Odo, Oyingbo and Iddo…

ONE hundred and thirty-two local and international companies yesterday offered to buy 14 cargoes of Nigerian crude oil monthly in the Nigerian National Petroleum Corporation (NNPC) 2019/2020 Direct Sale and…

The Federal Capital Territory Administration (FCTA) has commenced series of intensive technical training for staff who are integral part of Abuja Rail Mass Transit (ARMT) operations team. The  training is…

Oil prices dipped on Friday on expectations that producer club OPEC will soon raise output to make up for a decline in exports from Iran following a hardening of sanctions on Tehran by the United States.…

The King of Saudi Arabia, Salman bin Abdulaziz Al Saud, and the Crown Prince, H.R.H. Mohammed bin Salman bin Abdulaziz Al Saud have endorsed a memorandum of understanding (MoU) being prepared by Nigeria and the…