The Founder/President, Growing Businesses Foundation (GBF), Dr Ndidi Nnoli-Edozien, says Nigeria spends N1 trillion yearly on agricultural commodities. Nnoli-Edozien,who made this known on Saturday in Abuja,...
The CBN said two weeks ago that it was planning to review its target band for the naira in the next few days, and depending on...
The Managing Director, Nigeria Deposit Insurance NDIC Alhaji Umaru Ibrahim has disclosed that efforts are being put in place to ensure that Savannah Bank Nigeria (SBN)Plc...
By Omoh Gabriel Following the International Atomic Energy Agency’s (IAEA) disclosure that Iran may be seeking a nuclear weapon, experts say oil could exceed $150 on...
Nigerian crude for December loading remained in ample supply, traders said, suggesting further downside for premiums from current levels. Increasing supply of light, sweet crude, partly...
Nigeria’s fuel import allocations for the fourth quarter are being delayed as National Assembly debates the removal of subsidies and as fuel held in offshore floating...
Standards Organisation of Nigeria has ordered the seizure of used tyres popularly called “Tokunbos,” from markets across the country. Also, a shredding factory for the recycling...
JSE Ltd. (JSE), operator of Johannesburg’s stock exchange, dismissed Allan Thomson as director of equity derivatives trading for irregular trading on his own account. Thomson, 45,...
Nigeria is an interesting country. The political class plays a game of chess with the people they are supposed to cater for. In the end, there...
By Omoh Gabriel A survey of trends in Africa businesses in October has shown a mixed bag. Private sector business confidence index for the African continent...
By Omoh Gabriel Nigerian exporters and others can now restart their export to the United States of America under the Generalised System of Preferences which gave...
Independent energy trader Vitol has entered into a long-term purchase agreement with Sterling Oil Trading and Sterling Oil Exploration for their new Nigerian Okwuibome crude oil...
Trade volume between Nigeria and China will hit $10billion by the end of 2011, the Chinese government has said. China’s Deputy-Minister for Commerce, Mr. Chen Jian,...
Nestlé Nigeria Plc says it has partnered with the International Institute for Tropical Agriculture (IITA), cassava farmers and cassava processing industries to improve the quality cassava...
The naira appreciated slightly against the U.S dollar at the inter-bank market on Wednesday, after the CBN and some oil firms sold dollars directly to banks...