June Inflation Slows to 8.4% – Stats Bureau
Nigerian inflation slowed to 8.4 percent in June, the National Bureau of Statistics said. The inflation…
More blackouts loom as Shell closes 624MW Afam VI Power Plant
The deteriorating power supply in the country is about to worsen as…
‘Jobless people go back to school. I employ over 10,000’ – Jimoh Ibrahim fumes
Jimoh Ibrahim, in a press statement issued on Monday, said his attention…
Subscribers Sue MTN N3 Billion in Damages
The trio of former Owerri branch chairman of the Nigerian Bar Association…
Reps order cancellation of Malabu oil block sale; recommend Sanctions for Shell, Agip
An adhoc committee headed by Leo Ogor set up to investigate the…
Rihanna slapped with N16 million lawsuit by former accountants
Last year, Rihanna filed a suit against her former money managers, Berdon,stating…
Jobberman still has a job to do
LAGOS (AFP). When university student Ayodeji Adewunmi faced daunting hurdles in starting…
China’s Sinosteel in talks to acquire Nigerian steel mill in $6 billion deal
Chinese state-owned metals trader Sinosteel is in talks to take over a state-owned steel mill in…
Subsidy removal reduces FG’s spending on fuel by 80%
In a rare success story, the Federal Government has announced that its…
Nigerian firms now being watched for tax evasion
Nigerian firms that evade tax by moving profits offshore will no longer…
Finally: Power companies get N8bn allocation from FG
The Federal Government has released N8.27 billion for Distribution Companies (DISCOs) and…
10 Signs It’s Time to Quit Your Job
Quitting your job is one of the most stressful decisions you can…
$2bn oil rig repair market in Nigeria waits to be tapped into
As much as $2bn potentially in the maritime and logistics services in…
FirstBank Signs $100m SME Facility Agreement with China Bank
In its bid to boost lending to small and medium scale enterprises…
Investors move to book huge profits over GSK buy-out deal
The move by UK-based GlaxoSmithKilne (GSK Plc) to buy out the remaining…
Agriculture is the new frontier – President Jonathan
Nigeria, Africa’s top oil producer, is trying to reverse years of neglect of…
Land Of Opportunity: How America’s Wealthiest Universities Are Investing In Nigeria, Kenya
America's wealthiest universities are venturing into Africa's fast-growing frontier markets in search of outsized…
Indomie is $600 million a year business – Financial Times Of London Reports
Twenty years ago few Nigerians had heard of instant noodles. “People thought…
Malabu oil deal comes under investigation by the EU, Italy, and Netherlands
The controversial billion-dollar Malabu oil deal is to be investigated by the…
13 Nigerian banks listed among the world’s top 1000
The Banker Magazine of the Financial Times Group, London, United Kingdom has…
Sex For Deposits, Female Marketers Cry Out
Helen Asuquo (not real name) is a young, beautiful banker with the…
Subsidy is not in the interest of Nigerians —Ciroma
Alhaji Adamu Ciroma was former Governor of Central Bank of Nigeria (CBN), …
FBN Life, Airtel Launch Retail Insurance Product Themed Padi4Life
In a bid to make insurance services easy and accessible to the…
Investors oversubscribe to Nigeria’s $1bn Eurobond in a rush
In a sign that the international investor community has confidence in the…
N27b fraud: Former Bank PHB boss, Francis Atuche has case to answer
A former Managing Director of Bank PHB Plc, now Keystone Bank Limited,…
Ekonomics: “Lagos Economy To Grow Bigger Than The Rest Of Nigeria” – Columbia University Don
A leading journalist and economist, Howard French, has said that the economy…
Elumelu Pledges $2.5 billion to Obama’s Power Africa Initiative
Tony Elumelu is committing $2.5 billion to the power sector in Africa.…
2013 budget problems might make government broke by September – Okonjo-Iweala
If the issues plaguing the 2013 Appropriation Act are not resolved by…
Ex-KPMG partner pleads guilty in fraud case
A former partner at the giant accounting firm KPMG LLC pleaded guilty…
World Bank Approves $300 Million for Nigerian Farmers
The World Bank said it approved credit facilities of $300 million for Nigeria, Africa’s…