Business

DBN Lends To All Sectors - MD The Managing Director, Development Bank of Nigeria, Tony Okpanachi, has said that the bank was established to provide...

Nigeria Loses $3bn In Capital Flight To Foreign Airlines Dominance, Says AON The Airline Operators of Nigeria has called on the Federal Government to support...

Fraud: Nigerian firm, Lutoyilex, Barred From Bidding For AfDB, W/Bank Contracts Lutoyilex Construct Limited, a construction company registered in Nigeria, has joined the list of...

FG Picks 205 Bidders For Next Phase Of Gas Flare Out Scheme The federal government has approved 205 applicants for allotment in its ambitious market-based...

DPR Cautions Fuel Marketers Against Illegal Gas Operations The Department of Petroleum Resources has said it will impose sanctions on fuel marketers operating illegal gas...

Oyo-Ita, Peer Review Team Applaud OAGF On Economic Recovery. The Head of the Civil Service of the Federation, Mrs. Winifred Ekanem Oyo-Ita, FCA and her...

Equities Market net worth drop by N110bn The Nigerian equities market capitalization on Monday shed N110 billion or 0.79 per cent to close at N13.812...

NNPC Awards Contracts For Crude-For-Fuel Swap The Nigerian National Petroleum Corporation has issued award letters for contracts to exchange crude oil for imported petroleum products,...

In Three Days, Stock Market Investors Lose N366bn Equity investors in the Nigerian Stock Exchange lost a total of N366bn in the last three consecutive...

Turkish Airlines Acquires, Adds 30 B787-9 Dreamer To Fleet Turkish Airlines has announced that up to 30 new Boeing 787-9 Dreamliner aircraft would join the...

OPEC Forecasts Lower Demand For Its Oil In 2020 The Organisation of Petroleum Exporting Countries (OPEC) Thursday predicted that the world demand for its crude...

NCDMB, Danvic Petroleum train 18 lecturers on Geosciences Software The Nigerian Content Development and Monitoring Board (NCDMB) and Danvic Petroleum International have begun the training...

We've No Plan To Increase Fuel Price - NNPC   The Nigerian National Petroleum Corporation on Thursday advised motorists and other petroleum product consumers to disregard...

Investors Lose N265bn As Stock Market Further Falls Investors in the equities market of the Nigerian Stock Exchange saw the value of their investments decline...

NIMASA To Commence Disbursement Of $124m Cabotage Fund Indigenous ship owners in Nigeria will soon have access to the much-awaited $124 million Cabotage Vessel Financing...

Textile Industries Can Create 2m Jobs – Emefiele The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the Nigerian Cotton, Textile...

Registered MSMEs Hit 41.5m in 2017 – NBS About 41.5 million Micro, Small and Medium Enterprises(MSMEs) were registered in 2017, the Statistician-General of the Federation,...

OPEC Maintains 3.2% growth forecast The Organisation of the Petroleum Exporting Countries (OPEC) has said that it will maintain its forecast for global economy growth...

Shipping Firms To Slash Charges For Overtime Cargo By 90%   Shipping firms and terminal operators have agreed to waive demurrage charges on overtime containers by...

Nigeria's Oil Output Reaches Highest Level Since Jan 2015   Nigeria’s crude oil production rose to 1.97 million barrels per day, its highest since January 2015,...