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Wednesday, October 16, 2019

Tank farm owners looking for buyers – Operator

With refineries in Nigeria returning to productivity following successful turn-around maintenance, many tank farm owners are already putting up their facilities for sale. Group Managing...

FG Plans To Split Gas From Oil Leases To Boost Output

Nigeria, Africa’s biggest oil producer, plans to issue separate leases for gas assets in order to attract more investors to boost output of the...

Wilmar under scrutiny for land grab in Nigeria

A new report scrutinizes leading global palm oil trader Wilmar International Ltd. (WLIL.SI) for abuses of human and environmental rights in a large-scale land...

Aviation Contributes $700m To Nigeria’s GDP

The Nigerian commercial aviation industry has contributed about $0.7 billion (N137.9 billion) to the Nigerian Gross Domestic Product (GDP), and projected investment of $12...

Cassava Funds: Where is Cassava Bread?

Yusuf An-Nuphawi Nigeria’s agricultural sector received a Presidential goodwill once again in November last year when President Muhammadu Buhari led other stakeholders to Birnin-Kebbi in...

Economy Attracted $21.3bn Capital Inflow In 2014

Total capital imported in the year of 2014 summed to $20,750.76 million, lower by $576.61 million or 2.66% from the $21,318.38 million that was...

Nigeria: Driver of Regional Integration in W/Africa, Says AFDB

The African Development Bank, AfDB, has identified Nigeria as the West African’s largest market with great potential to be a main driver of regional...

Shippers’ Council As New Port Regulator

Director General of the Bureau of Public Enterprises (BPE), Mr. Benjamin Dikki, has reiterated the Bureau’s commitment to ensuring that the Nigerian Shippers’ Council...

FG moves to revitalise Nigeria’s iron, steel sector

…engages stakeholders on Backward Integration Policy  The Federal Government has said that it has concluded plans to develop and implement a comprehensive Backward Integration Policy...

Nigeria Steps Up In World Bank’s Doing Business report

The World Bank has ranked Nigeria 169 out of 189 countries in its latest report on the ease of doing business globally. Tagged “Doing Business...

LafargeHolcim $40bn Merger To Boost Nigeria Operations

LafargeHolcim officially launched its new Group around the world On July 15, 2015 and announced key elements of its ambitions for the future, including...

Investors Not Exiting Nigeria With JP Morgan

There has been much talk about decisions of foreign investors voting with their feet since the third quarter of 2014 when the effects of...

Cautious Optimism as CBN, Banks Plan Loan Boost for SMEs, Agric

Sanya Adejokun Despite their current travails over the implementation of Treasury Single Account (TSA) by the Federal Government and speculations that many of their staff...

Now Is Time To Remove Fuel Subsidies

The dramatic change in the level of subsidy was due to the increase in national demand to 35million litres/day, sometimes, more, as well as...

Union Bank To Raise Shareholders’ Value

Group Managing Director of Union Bank Plc Emeka Emuwa has promised to leverage new business model and ensure effective cost management in its 2015...

Shell lifts force majeure on Bonny Light exports

The Shell Petroleum Development Company of Nigeria Limited has lifted the force majeure on Bonny Light exports following the repair and re-opening of the...

MTN Group Grows Nigeria’s Economy by 4.5%

The South Africa-based MTN Group said it had invested over $16 billion in Nigeria over the past 15 years of MTN Nigeria’s operations in...

Elections: Economic Boom for Nigerians?

All is almost set for the 2015 elections as virtually all party primaries have been concluded. Candidates are now setting the ball rolling and...

Oil price crash: Why Nigeria yet to feel the impact

This simple story posits that Nigeria has built up strength and resilience from sustained reforms and structural transformation and because of this, it is...
Godwin Emefiele CBN Governor

Why more Nigerian micro-finance banks may collapse

Managing Director of Asha Microfinance Bank, in Nigeria’s western city of Lagos, Mr Aminul Bhuiya, has raised fears about the possible collapse of more...