Business

Oil Price Explosion – Brent Crude Jumps 20%

Oil prices jumped on global markets Sunday night after a wave of weekend drone attacks instantly erased half of Saudi Arabia’s oil production....

UBA Announces 21% Growth in Profit

…..21.7% Return on Average Equity; Declares N0.20 Interim Dividend Africa’s leading financial institution, United Bank for Africa Plc has announced its audited half...

The Day In Pictures: Nigeria and European Union signs MoUs in presence of President Buhari

Nigeria and the European Union sign MoUs in presence of President Muhammadu Buhari on Thursday. The MoUs were signed for cooperation in various...

Japanese firms are still hesitant about Africa, as Abe pledges to push limitless support for investment and entrepreneurship

The three-day Tokyo International Conference on African Development, TICAD, kicked off Wednesday in Yokohama, as Japan’s Prime Minister Shinzo Abe pledged to aggressively...

Nestlé partners IITA on youth initiative  

Nestlé Nigeria announced a partnership with the International Institute of Tropical Agriculture (IITA) and Youth Agripreneurs to celebrate the 2019 International Youth Day...

CBN governor defends Buhari’s forex restriction directive, says regulator compiling list for food import ban

CBN governor defends Buhari’s forex restriction directive, says regulator compiling list for food import ban The Central Bank of Nigeria (CBN) will conform...

Fulfilling the promise of Transparency: NNPC announces winners of 2019/20 crude oil sale, purchase contract

The Mallam Mele Kyari led Nigerian National Petroleum Corporation (NNPC), has for the first time in history of the state oil corporation released...

Kyari Urges NLNG Management to look beyond Train-7 FID

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has urged the Management of the Nigerian Liquefied Natural...

Keystone Bank realigns to energise growth, appoints new executive directors

In line with strategic business intent and corporate realignment to sustain continued business growth, the Board of Directors of Keystone Bank Limited has...

Wheat import to Nigeria seen rising by 200,000 tons on expanding population

Nigeria’s exploding population growth, as well as industrial demand for wheat, key ingredient for making biscuit will likely drive imports into Africa largest...

TEF 2019: Congo’s President seeks investment partnership with Nigeria

President of the Democratic Republic of the Congo (DRC) Félix Tshisekedi is calling on business community in Nigeria and beyond to come invest...

Nigeria seeks certification to export honey to EU, Awolowo says at TEF forum

Nigeria is working to get certification from the European Union to export its agriculture products, Olusegun Awolowo, the chief executive of Nigerian Export...

Milk importation ban will increase poverty, says Ezekwesili

A former education minister, Mrs Oby Ezekwesili slammed the alarming levels of poverty in Nigeria on Friday, saying that the situation is likely...

In Photos: Fidelity bank visits Ondo state governor Akeredolu

The Management of Fidelity Bank Plc Wednesday paid a courtesy call on the Executive Governor of Ondo State, His Excellency, Arakunrin Rotimi Akeredolu....

NNPC secures $3.15bn in new deals to push oil production to 3 million barrels a day

Nigeria’s state oil corp, the Nigerian National Petroleum Corporation (NNPC), said Monday that it has secured $3.15 billion in financing to boost crude...

Nigeria will restrict milk importation into the country – CBN

The Central bank governor Godwin Emefiele has revealed that Nigeria will soon restrict milk imports into the country. According to him, Nigeria spends...