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BUSINESS

NBS says Nigeria importation hits $6.30m in Q1
1 month ago

NBS says Nigeria importation hits $6.30m in Q1

By  •  BUSINESS

The National Bureau of Statistics (NBS) says Nigeria’s capital importation in the first quarter stood at 6,303.63 million dollars.

The NBS stated this in the Nigerian Capital Importation for First …
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NSE: Seplat, Dangote Cement, Fore Oil top losers chart
1 month ago

NSE: Seplat, Dangote Cement, Fore Oil top losers chart

By  •  BUSINESS

Price movement on Thursday at the Nigerian Stock Exchange (NSE) indicates that Seplat, Dangote Cement and Forte Oil topped the losers’ chart, the News Agency of Nigeria (NAN) reports.

Some …
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Dangote ranked 66th most powerful person on earth
1 month ago

Dangote ranked 66th most powerful person on earth

The president of Dangote Group, Aliko Dangote, has been ranked by Forbes as the 66th most powerful person on earth, ahead of Mike Pence, US Vice-President.

In the American business …
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Warren Buffet loses $1.14m as first net loss in nine years
1 month ago

Warren Buffet loses $1.14m as first net loss in nine years

Warren Buffett has reported a $1.14 billion loss at Buffett’s Berkshire Hathaway Inc. in the first quarter, the Omaha, Nebraska-based company said.

That marked the company’s first net loss since …
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UBA introduces Master Pass QR Bot in partnership with MasterCard
1 month ago

UBA introduces Master Pass QR Bot in partnership with MasterCard

Pan African Financial institution, United Bank for Africa (UBA) has again disrupted the e-payment space with the introduction of Master Pass ‘Quick Response’ (QR) Bot. The revolutionary solution enables the …
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ATM transactions across Nigeria hit 1.56bn in first quarter of 2018
1 month ago

ATM transactions across Nigeria hit 1.56bn in first quarter of 2018

The National Bureau of Statistics (NBS) says Automated Teller Machines (ATMs) from selected banks across the country recorded transactions valued at N1.568 billion in first quarter.

The NBS stated this …
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ZTE petitions US government to lift sanctions
1 month ago

ZTE petitions US government to lift sanctions

Chinese telecom giant ZTE has asked the US government to lift a ban on sales to the company, which threatens its survival and has added to trade tensions between Washington …
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Nigeria issues licenses for establishment of 13 modular refineries
1 month ago

Nigeria issues licenses for establishment of 13 modular refineries

By  •  BUSINESS

Nigeria has given licenses to 13 firms to establish modular refineries. A total of 35 firms expressed interest to establish the refineries, indicating less than half got the approvals from …
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Ships laden with petrol, food and other items arrive Lagos ports
2 months ago

Ships laden with petrol, food and other items arrive Lagos ports

By  •  BUSINESS

At least eight ships laden with various products including petrol are waiting to berth at the Lagos ports, the Nigerian Ports Authority (NPA) said on Thursday.

The NPA disclosed this …
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Shareholders Commend Transcorp For Industry Leading Role In Improving Access to Electricity in Nigeria
2 months ago

Shareholders Commend Transcorp For Industry Leading Role In Improving Access to Electricity in Nigeria

Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) strongly commended the Board and management for Transcorp’s impressive contribution to transforming the Nigerian power sector, through its power subsidiary, Transcorp Power. The commendations …
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