Category Archives: Business & Finance Updates

Africa, Nigeria now best investment destination, says AfDB

Africa, Nigeria now best investment destination, says AfDB

Africa, and in particular Nigeria, has become the best place for investment following the consummation of the about $3 trillion African market in the Africa

Stakeholders rally support for dangerous goods awareness

Stakeholders rally support for dangerous goods awareness

Stakeholders in the transport sector have stressed the need for government and private entities to raise awareness on dangerous goods.The stakeholders, who gathered at the

Equities investors lose N171bn as market sustains bearish trading

Equities investors lose N171bn as market sustains bearish trading

Equities investors lost N170.9 billion Thursday, as the market sustained its bearish run following depreciation in prices of bellwether stocks. The market had similarly shed

NNPC seeks collaborate with EFCC

The group managing director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, yesterday said he is committed to a robust relationship between the

FMBN partners KPMG on 5-year strategic plan

FMBN partners KPMG on 5-year strategic plan

As part of efforts to reform the Federal Mortgage Bank of Nigeria (FMBN) as a more business-driven affordable housing provider, the Board of Directors of

NNPC says there’s no plan to increase petrol price

NNPC says there's no plan to increase petrol price

The Nigerian National Petroleum Corporation (NNPC) says it has no plans to increase the price of Premium Motor Spirit (PMS), popularly known as petrol in the

Nigerian governors seek new deal on petrol subsidy

Nigerian governors seek new deal on petrol subsidy

The Nigeria Governors’ Forum (NGF), has told Mele Kolo Kyari, the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) that a new

Buhari boosts fortunes of Nigerian textile manufacturers

Buhari boosts fortunes of Nigerian textile manufacturers

Mr Godwin Emefiele, CBN Governor: announces Buhari’s order on uniformed agencies President Muhammadu Buhari has with a stroke of pen boosted the bottom line of

NIMASA dismisses report placing Nigeria top on piracy list

NIMASA dismisses report placing Nigeria top on piracy list

The Nigerian Maritime Administration and Safety Agency has described as unverified, reports stating that Nigeria had again taken the lead in piracy attacks in the

Nigeria’s poor data management system worries analyst

Nigeria’s poor data management system worries analyst

A United Kingdom-based information technology expert, Mr. Davies Bamigboye, has raised the alarm over the ease at which data belonging to Nigerians are sold and

Amidst concerns DMO puts Nigeria’s public debt at N25trn

Amidst concerns DMO puts Nigeria’s public debt at N25trn

forty-three days after the 2019 budget was signed into law by President Muhammadu Buhari, the Federal Government has yet to release funds to Ministries, Departments

Foundation seeks end to illegal online surveillance of citizens

The African ICT Foundation has called on state and non-state actors to end the Illegal surveillance, control and interception of online user communications, describing it