Samsung Heavy Industries (SHI), says it has invested over 400 million dollars in the Nigerian oil and gas industry since the global shipbuilding giant was awarded the...
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, has disclosed that Nigeria has been able to ratify 40 conventions passed...
The European Commission has urged a crackdown on member states handing out “golden passports” and visas to non-EU nationals in exchange for large investments. The Commission has...
Digital Afrique Telecom (DAT), currently operating in over 20 countries in Africa, has launched Tax Collect, an interoperable platform for collecting municipal taxes. This multi-channel payment gateway...
In today’s trading session, the benchmark index maintained a positive performance for the third consecutive day advancing 0.4% to 30,989.6 points buoyed by gains in DANGCEM (+1.1%),...
The African Energy Indaba 2019 platform has released the names of the Top 5 nominees for Africa’s Youth Energy Innovator award. The Africa’s Youth Energy Innovator...
Lagos Chamber of Commerce and Industry LCCI has warned that the current insecurity in the country has a grave implication for business and investors. At a...
UN Secretary General António Guterres said at the ongoing World Economic Forum that fragmented response to global risk is a direct invitation to disaster. In a...
German Chancellor Angela Merkel has said at the ongoing World Economic Forum Annual Meeting in Davos-Klosters, Switzerland. that “Multilateral institutions are indispensable if we want...
Today, the domestic bourse performed positively, rising 0.5% to 30,878.56 points following gains in banking stocks – GUARANTY (+2.8%), ZENITH (+0.9%) and FIDELITY (+9.6%). Consequent on...
Central Bank of Nigeria (CBN) Governor Godwin Emefiele has warned that the Peoples Democratic Party (PDP) presidential candidate’s suggestion that the exchange rate should be free...
Asset Management Company of Nigeria AMCON is preparing Polaris Bank for privatisation and will soon commence the process of seeking new investors to take over the...
Central Bank of Nigeria CBN has said that floating the Naira is too risky for the Nigerian economy. The apex bank Monetary Policy Committee has left...
The Companies Allied Matters (CAM) Bill has passed the third reading at the Federal House of Representatives. The Bill, which passed by the Senate in 2018...
The Bureau of Public Enterprises, BPE in conjunction with the Nigerian Port Authority, NPA, has concession Warri port Old Terminal in a bid to improve service...