Nigeria’s Institute of Bankers awards fellowship to Afreximbank President

The Chartered Institute of Bankers of Nigeria has awarded its 2019 honorary fellowship to Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), and 14...

NEC commends Buhari, Osinbajo for Nigeria moving up in World Bank Doing Business ranking

By Justina Gabriel The National Economic Council (NEC), comprising the 36 Governors of the Federation, FCT Minister and Governor of the Central Bank, have commended President...

Textile: CBN facilitates MOU among armed forces, other stakeholders, N100bn needed to revive cotton, textile, garments sector

By Omoh Gabriel In a major move towards complying with the Executive Order 003, which directs all Ministries, Departments and Agencies (MDAs) to grant preference to local content in their...

MTN’s $2bn Nigerian tax dispute case set for Jan. 30-31

A federal judge in Lagos has set Jan. 30 and 31 for the hearing of a $2 billion tax dispute between South Africa’s MTN Group and...

Chevron seeks to reduce Nigerian presence with oilfield sales

(Reuters) – Chevron is seeking to sell several Nigerian oilfields as part of a global drive to reshape its portfolio as it focuses on growing its...

Access Bank successfully completes post-merger integration of its banking platforms

Nigeria’s leading retail bank, Access Bank Plc, yesterday announced that it has successfully completed the second phase of its integration, where it has brought together all...

Google bids to buy wearable fitness device fitbit

Google owner Alphabet Inc has made an offer to acquire U.S. wearable device maker Fitbit Inc, as it eyes a slice of the crowded market for...

How to avoid Cyber fraud -US Embassy

The U.S Embassy in Abuja has advised professionals and young people including students to desist from clicking on any site except those considered secure to guard...

Nigeria can generate N151bn from onion farming annually – Group

The Onion Producers and Marketers Association of Nigeria (OPMAN) said that the country could generate about $420 million (about N151 billion) annually from onion cultivation. OPMAN’s...

CBN issues revised guidelines for registration of currency distributors, processors; cash in transit management

By Omoh Gabriel The Central Bank of Nigeria has released a new guide line for companies operating in Nigeria to register for cash in transit operation...

Create jobs to absorb growing population AfDB urges FG

African Development Bank (AfDB) has urged the federal government of Nigeria and other members of Africa Union to make conscious efforts at job creation to absorb...

99m Nigerians live in poverty – FG

Minister of Humanitarian Affairs, Disaster Management and Social Development SADIYA Farouq, has said that the federal government is determined to lift the over 90 million Nigerians...

NEITI says solid mineral sector contributed N52.75bn revenue in 2017

The Nigeria Extractive Industries Transparency Initiative (NEITI) said that the solid minerals sector contributed N52.75 billion to federation revenue in 2017. NEITI in its latest report...

Photo news of Nigeria rice brands

LG introduces new dualcool premium air conditioner in Nigeria

LG Electronics has unveiled its new DUALCOOL Premium Floor Standing Air Conditioner into the Nigeria market. The product is first of its kind to be introduced...