Avalon Intercontinental Nigeria limited, an international independent hotel group, has entered into a partnership with Radisson Blu Hotel, a global hotel chain within the Carlson Rezidor Hotel Group. Olaitan Salaudeen, director of legal at Avalon […]
The Nigerian Communications Commission (NCC) says the successful buyer of 9mobile will not be announced on January 16. Instead, January 16 is the deadline for all shortlisted bidders to submit their proposals to Barclays Africa, […]
Aliko Dangote, Nigerian entrepreneur, is now worth N4.3 trillion naira, a recent Forbes ranking has shown. Nigeria’s 2017 budget was N7.298 trillion and Dangote’s new net worth is more than half of it. His net […]
Economists and petrol marketers have expressed diverse views on the workability of three proposals made by the Minister of State for Petroleum Resources, Ibe Kachikwu, to resolve the current fuel scarcity. While the economists say […]
The Technical Committee on Nigeria Yam Export Programme says it is targeting to export about 480 tonnes of yams per month in 2018. Simon Irtwange, chairman of the committee, said the United States has requested […]
The Debt Management Office (DMO) will roll over treasury bills worth N1 trillion in the first quarter of 2018, data made available by the Central Bank of Nigeria has shown. This represents 85 percent of […]
A number of Deposit Money Banks in the country have barred their customers from using debit and credit cards to withdraw dollars, euros, pounds and other foreign currencies whenever they travel abroad, investigation by our […]
AS Nigeria struggles to reshape its economy, investors were reminded at the close of 2017 of the immense potential offered by the Free Trade Zones. With the licensing of three new FTZs, accompanied by net […]
Fitch, one of the big three rating agencies in the world, says Tier 2 Nigerian banks may struggle to remain profitable in 2018. In a statement released on Thursday, Fitch said reduced treasury bill issuance […]
Governor Akinwunmi Ambode of Lagos State has inaugurated a 12-member board of the state’s Consumer Protection Agency, charging them to hit the ground running and end sharp practices among retailers, wholesalers and manufacturers. Ambode said […]
Rotimi Amaechi, minister of transportation, says the price of the rail tickets from Abuja to Kaduna is cheap, hence a need to increase it. The minister made this comment on Tuesday after meeting with President […]
AFRICA is the commodity-capital of the world, yet the continent has not been able to effectively distribute its resources amongst its people. Farmers face several challenges including trying to get their products to market, inadequate […]
President Muhammadu Buhari says Nigeria will stop importing rice in 2018. In his new year broadcast on Monday morning, he also said the Federal Road Maintenance Agency (FERMA) has been charged with a 12-week rapid […]
An oil and gas merchant, Capt. Emmanuel Iheanacho, has attributed the persistent scarcity of petrol to monopoly of the product by the Nigerian National Petroleum Corporation (NNPC). Iheanacho, also the Chairman, Integrated Oil and Gas […]
LAGOS—NIGERIA spent a total of N157 billion on the importation of vehicles, aircrafts parts and vessels in the third quarter of 2017. According to the National Bureau Statistics, NBS, Foreign Trade Statistics for the third […]
The point is, whether or not you engage Nigerian service providers, it is not the most optimal thing to do, in a third world country of 180 million people with over 40 percent unemployment, to […]
Smokers who quit smoking and live on a diet high in tomatoes and fruits, particularly apples, have better chances of restoring their lung functions impaired by smoking, a new study finds. The study, published in […]
Bitcoin is dominating global media since the massive price spikes of 2017 prompted articles about people who bought as little as $5 of Bitcoin only 8 years ago – now worth an astonishing $16 Million. […]
There seems to be no end in sight in the crisis between the managements of Dangote Group and BUA Group over the mining rights in Edo State. The management of Dangote Industries Limited has, again, […]
The federal government has announced plans to launch a gold purchase scheme by early 2018. Kayode Fayemi, minister of mines and steel development, made the disclosure at a ministerial briefing in Abuja on Thursday. He […]
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