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BUSINESS

NNPC dispatches 29.058m litres of PMS to 13 states
14 hours ago

NNPC dispatches 29.058m litres of PMS to 13 states

By  •  BUSINESS, LOCAL

The Nigerian National Petroleum Corporation (NNPC) said it supplied a total of 29.058 million litres of Premium Motor Spirit (PMS) popularly known as petrol to thirteen Northern states in three …
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Nigeria’s inflation rate drops to 15.13%
3 days ago

Nigeria’s inflation rate drops to 15.13%

The National Bureau of Statistics (NBS) says the inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.13 per cent in January from 15.37 per cent …
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AMCON takes over Daily Times of Nigeria assets
4 days ago

AMCON takes over Daily Times of Nigeria assets

By  •  BUSINESS, LOCAL

The Asset Management Corporation of Nigeria (AMCON) on Tuesday took over the assets of Daily Times Nigeria Plc, a foremost media establishment over huge outstanding loan.

The corporation in a …
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Seven-Up withdraws from NSE after takeover bid
5 days ago

Seven-Up withdraws from NSE after takeover bid

By  •  BUSINESS

Seven-Up (7-Up) Bottling company has voluntarily withdrawn it shares from the Nigerian Stock Exchange after it received a takeover bid from its majority shareholder, Affelka.

The company had filed an …
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Osinbajo to launch MSME Clinics in Kogi on Feb. 13
1 week ago

Osinbajo to launch MSME Clinics in Kogi on Feb. 13

By  •  BUSINESS

Nigeria’s Vice-President, Prof. Yemi Osinbajo, will on February 13 inaugurate Marketmoni/Micro Small and Medium Enterprise (MSME) Clinics in Kogi under the Federal Government’s Social Investment Programmes (SIP).

The News Agency …
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MTN targets $500m from stock market
1 week ago

MTN targets $500m from stock market

By  •  BUSINESS

Nigeria’s biggest mobile-phone company, MTN, plans to raise about $500 million from the sale of shares during the first half of the year.

The move is to enable the company …
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NNPC begins crack down on erring marketers, fuel hawkers
1 week ago

NNPC begins crack down on erring marketers, fuel hawkers

The Nigerian National Petroleum Corporation (NNPC) says it has started a crack down on erring marketers and fuel hawkers in the country.

In a statement released on Wednesday by Ndu …
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Nigeria Railway Corporation generated N4.12bn in 2017
1 week ago

Nigeria Railway Corporation generated N4.12bn in 2017

By  •  BUSINESS, LOCAL

The Managing Director, Nigeria Railway Corporation (NRC), Mr Fidet Okhiria, said on Wednesday that the corporation generated N4.12 billion in 2017, as against the N4.85 billion it targeted. Okhiria made …
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Oil prices jumps after report of lower U.S. crude inventories
1 week ago

Oil prices jumps after report of lower U.S. crude inventories

By  •  BUSINESS

Oil prices rose on Wednesday lifted by a report that U. S. crude inventories fell last week.

Brent crude futures were at $67.84 per barrel.

U.S. West Texas Intermediate (WTI) …
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NPA declares N299.5 billion revenue in 2017
2 weeks ago

NPA declares N299.5 billion revenue in 2017

By  •  BUSINESS

The Nigerian Ports Authority has generated N299.5 billion revenue in 2017, General Manager, Corporate and Strategic Communications, Abdullahi Goje, said in a a statement Tuesday in Lagos.

He said that …
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