Business

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...

SEC reiterates zero tolerance for unethical practices, warns capital market operators

The Securities and Exchange Commission, SEC, has restated the commission’s resolve to enforce relevant regulations urging newly Inductees to abide by the highest principled...

Glo faces disconnection over unpaid N1billion debt

The Federal Capital Development Authority, FCDA, has threatened to pull the plug on Mobile Communication giants, Globacom, over an outstanding N1 billion debt,...

Moody’s says CBN’s new lending rule credit-negative for Nigerian banks

The Central Bank of Nigeria’s directive requiring banks to maintain a minimum loan-to-deposit ratio (LDR) of 60% by the end of September 2019...

UNDP Partners with the Tony Elumelu Foundation to Empower 100,000 Young Entrepreneurs in Africa

The United Nations Development Programme (UNDP), the global development network of the United Nations, has partnered with the Tony Elumelu Foundation (TEF) —...

Global Transparency Body, EITI, Congratulates Mele Kyari

  … Urges him to Steer NNPC to Greater Transparency Extractive Industries Transparency Initiative (EITI) has congratulated the newly appointed Group Managing Director...

West African nations adopt ECO as ‘single currency’

Leaders of the member states of the Economic Community of West African States, known as ECOWAS, formally agreed on Saturday to name a...

CBN says it strengthened FX market with $242m

The Central Bank of Nigeria (CBN) on Friday, said it intervened in the foreign exchange market by injecting as much as $242.04million into...

Nigeria will raise VAT to 7.5% in 2020, Ex-finance minister

Nigeria is raising the rate of value-added tax to 7.5% from current 5% in 2020, the former Finance Minister, Zainab Ahmed told Bloomberg in a...

Biosec Solutions, Identity Management Firm Now EU GDPR Complaint 

BIOSEC Solutions, Nigeria foremost identity management consultancy firm with over thirty cumulative years of biometrics experience, has become certified as being EU General...