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Latest Business News

Fashola Pleads With ‘Angry’ Militants; Promises Nigerians Steady Power This Year

The Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN, has

MMM: Participant Threatens Scheme’s Founder With ‘Juju’

Days after the MMM Nigeria online financial scheme returned, there have been

MPC meeting anxiety: NSE market indices drop by 0.17%

Profit taking by investors on the Nigerian Stock Exchange (NSE ) persisted

Naira defies liquidity boost, depreciates further against dollar

The Naira on Thursday remained indifferent to the sale of over 250

We barely generate enough to meet N330bn salaries, debt service bill – Adeosun

Minister of Finance, Mrs Kemi Adeosun, said inability of Federal Government to

We Are Still Paying – MMM Nigeria Pleads with Members

MMM Nigeria administrators have begged their members to exercise patience as it

China sets first crude 2017 import quotas at 68.8 mln tonnes for non-state companies

China has issued the first batch of crude oil import quotas for

‘Let’s Rise’ Campaign: $30 million brand campaign shows how Westin tackles the Travel&Wellness

Westin Hotels & Resorts, part of Marriott International, Inc. (NASDAQ: MAR) (www.Marriott.com),

Trading maintains negative trend, index down by 0.13%

Transactions on the Nigerian Stock Exchange (NSE ) on Wednesday maintained a

MMM: Provide ‘help’ to get ‘help’ – Scheme issues new directive

Popular Ponzi money-doubling scheme, Mavrodi Mondial Movement (MMM), has come up with

CBN commences sale of forex to BDCs

The Central Bank of Nigeria (CBN) started auctioning 250 million dollars to

NSE index down 0.36% as 7UP, NEM, NPF Microfinance lead losers

Equities Trading on the Nigerian Stock Exchange (NSE) on Tuesday reversed growth

Naira Stabilises As Foreign Reserves Rises To $27.22bn

Nigeria’s foreign reserve on Tuesday rose to a record high of $27.22

Panic as MMM removes GH of Mavrodians

Over 92 hours since the ponzi scheme, Mavrodi Mundial Moneybox, MMM, announced

PWC CEO confidence rises despite new risks and uncertainty

In PwC’s 20th annual survey of CEOs worldwide, 38% (2016:35%) are very

Expert calls for harmonisation of exchange rates to curtail inflation

For the country to contain and reduce steady rise in inflationary rate,

Adeosun Predicts Doom For Black Market Soon

The Minister of Finance, Mrs Kemi Adeosun has passed a salient message

MMM: No payment, 72 hours after comeback

Seventy-two hours after it's return, 24 hours before the scheduled date, MMM

Naira stabilises at N497/$ as hope of recovery imminent

The Naira on Monday stabilised at N497 to a dollar at the

Nigerian equity market records 0.18% growth

The Nigerian equity market on Monday reserved the two-day down trend with

Nationwide Blackout Looms As Seven Power Plants Go Down

Nigerians are set to experience nationwide blackout as the country loses 1,899MW

Heritage Bank Lays Off 400 Employees

Heritage Bank has embarked on mass retrenchment of its workers with 400

Dangote Sets Up Multi-million Dollar Truck Assembly Plant In Lagos; To Provide 3,000 Jobs

Determined to tap into the opportunity provided by the scarcity of forex

MMM Nigeria: Why We Have Made No Arrests So Far – Police

The Nigerian Police has reacted to the resumption of activities by the

MMM Nigeria: SEC Issues Fresh Warning To Nigerians

The Securities and Exchange Commission has issued a fresh warning to Nigerians

Nigeria’s inflation rate hits 18.55% in December – NBS

The National Bureau of Statistics (NBS), says Consumer Price Index (CPI), increased

Kogi youths celebrate return of the MMM Ponzi scheme

Some youths all around the Kogi state capital city of Lokoja on

Arik Air Accused Of Dumping Its Passengers Baggage At JFK Airport

A Nigerian man based in the United States has accused the management

MMM: Investors stranded as funds can’t be accessed

Mavrodi Mondial Moneybox, a Ponzi scheme known simply as MMM, on Friday

Naira plunges further as CBN resumes dollar sales to BDCs next week

The Naira on Friday depreciated further at the parallel market as dollar