BUSINESS

Africa’s leading Pan-African bank, recently hosted a cocktail reception for US and African business leaders at the Essex House in New York City. The event was held alongside the UNGA and right after the US – Africa Business Forum(USABF) which ...

A Former President of Nigeria, Chief Olusegun Obasanjo on Tuesday advised Nigeria to borrow, spend less and earn more in order to get out of the current economic recession.Obasanjo spoke in Abeokuta at the opening ceremony of the National Council ...

The Trans Niger Pipeline in Gio, Tai Local Government Area of Rivers state has been shut by  Shell Petroleum Development Company (SPDC) of Nigeria Limited. In a statement issued in Port Harcourt on Tuesday, Mr Joe Obari, SPDC spokesman, said a ...

Members of the ECOWAS Parliament have advised Nigeria to avoid using “panic measures” to address the country’s current economic situation.The call was made at the presentation of Nigeria’s Report at the ongoing second Ordinary Session of the ECOWAS Parliament in ...

The President of the African Development Bank (AfDB), Dr Akinwunmi Adesina, on Monday in Abuja announced billions of dollars packages to address Nigeria’s economic crisis.In a statement in Abuja,  Mr Femi Adesina, the Special Adviser on Media and Publicity to ...

Leading African financial institution, Guaranty Trust Bank plc, has announced the launch of ART635 (art635.gallery), a Virtual Arts Gallery created to reignite interest in African art and drive the growth and development of the local art industry. Art635is a foremost ...

The Nigerian Communications Commission (NCC) says it received 6,163 complaints from telecommunications subscribers in the second quarter of 2016.Mr Abdullahi Maikano, the Director, Consumer Affairs Bureau (CAB) of the commission made the disclosure to the News Agency of Nigeria (NAN) ...

The Naira on Friday appreciated against the dollar at the interbank market, after sustaining losses for two days, the News Agency of Nigeria (NAN) reports.The Nigerian currency gained N5.28 to close at N307.79 from N313.07 posted on Thursday. Trading at ...

In a statement issued by Femi Adesina, Special Adviser to President Muhammadu Buhari on Media and Publicity, the president on Friday assured Nigerian professionals abroad that the economic recession in the country would soon be history as his administration would ...

The Chief Executive Officer of MTN, Ferdi Moolman, announced on Friday that the telecommunications giant did not give bribe for the reduction of the N1.04 trillion fine slammed on the company for infraction.Mr. Moolman said in a statement in Lagos ...