Twenty-First Century Fox Inc (FOXA.O) reported a quarterly profit that beat analysts’ expectations, as its television and cable units benefited from hosting the World Series and its cable news channel enjoyed strong ratings during the […]
Chinedu Eze recently sampled opinions of airlines operators and stakeholders, who maintained that government has a major role to play in revamping the air transport sector Airline operators, members of Aviation Round Table (ART) and […]
Participants in Ponzi scheme, MMM, have urged the administrators of the scheme to freeze the bonuses of guiders. The participants, frustrated over their inability to get their money out of the scheme after waiting for […]
MMM users are still unsettled days after the supposed return of the scheme, PREMIUM TIMES has learnt. MMM Nigeria which has well over 3million Nigerians in its talons said it has removed all requests for […]
The Senate yesterday in Abuja passed the 2017-2019 medium term expenditure framework (MTEF) and fiscal strategy paper (FSP), retaining the exchange rate of N305 to $1 as proposed by the executive but raised the proposed […]
Dr. Cosmas Maduka, who was the keynote speaker at the League of Anambra Professionals annual end of year dinner recently, took his audience on an exciting journey of his life, a story of hope, courage, […]
Well-meaning Nigerians have advised government to deal with the prevailing multiple foreign exchange rates. The reason is not far-fetched: multiple exchange rates encourage ‘round tripping’ and discourage real production. A manufacturer who gets a dollar […]
The scarcity of Liquefied Petroleum Gas (LPG), better known as cooking gas, being experienced in the country would soon ease as the Nigeria LNG Limited’s vessel has successfully discharged 13,000 tonnes of LPG to Lagos […]
Dangote Group is establishing a multi-million dollar vehicle assembly plant project in Lagos. The firm is partnering a leading Chinese Company, National Heavy Duty Truck Group Company Limited, SINOTRUCK, to produce several thousands of trucks […]
A day after the popular money-doubling scheme, Mavrodi Mundial Moneybox, MMM, resumed operations in Nigeria, participants have resigned to fate as they await their trapped investments. mmm Most, who had expected an immediate return of […]
Residents of Okitipupa in Ondo State have continued to partronise charcoal sellers as substitute for their daily domestic cooking, as the high cost of kerosene and cooking gas lingered on Saturday. Kerosene, formerly sold for […]
Youths all around the Kogi state capital city of Lokoja on Saturday were at several beer parlours to celebrate the return of the controversial Mavrodi Mondial Movement, a Ponzi scheme that froze the accounts of […]
The naira fell to 497 against the United States currency at the parallel market on Friday as dollar shortages continued to hit the market. Economic and currency experts have predicted that the naira will likely […]
The National Bureau of Statistics on Friday released the Consumer Price Index, which measures inflation, with the index rising by 18.55 per cent in the month of December. The bureau, in a report that was […]
The Central Bank of Nigeria (CBN) has told Bureau de Change (BDC) operators it does not intend to devalue the naira and will support it at current levels, especially with a recent rise in oil […]
Unfortunately, the story will remain the same with the reluctant attitude towards the criminal prosecution of bankers and the banks themselves. It is unfortunate that legal safeguards cannot be maintained because the money the banks […]
The Nigerian stock market performance in 2016 left little to cheer about as major indicators remained in the negative territory for much of last year reflecting the realities of a weak economy. While equities market […]
Nigeria’s manufacturing sector performed dismally in 2016 as manufacturers faced several challenges which affected them negatively. The Central Bank of Nigeria, CBN, said the industrial sector recorded a general decline between January and November as […]
Between Marks & Spencer and our GTBank, is this simply a difference in brand culture, customer service orientation or a reflection of how corporates here treat Nigerians as opposed to how people/corporates in other parts […]
Abuja — The Nigerian National Petroleum Corporation, NNPC, yesterday, named Wale Tinubu’s Oando, Toye Cole’s Sahara Energy Resources, Sayyu Dantata’s MRS Oil and 36 other companies as winners of the crude oil term contract, for […]
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