The Nigerian Ports Authority (NPA), said it was expecting 24 ships to bring petroleum products, food and other goods from Thursday to July 30 at Apapa and Tin Can Island Ports. The News Agency of Nigeria (NAN) reports that two of the 24 ships will sail in with petrol. The other 22 ships are carrying […]
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Pan-African financial services group, United Bank for Africa Plc, has once again made an addition to its growing list of enviable laurels as it was named Africa’s best bank in the Digital category at the prestigious Euromoney awards in London. This further lends credence to UBA’s dominance in the digital banking space. The Euromoney awards ceremony which […]
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Oil rose on Tuesday, supported by gains in equities and supply concerns in Norway and Libya,. Brent crude futures hit a session high of 79.51 dollars Oil reports correlation expert says Brent races to 100 dollars, in spite of despicable manipulations. United States crude futures rose to settle at high of 74.70 dollars. All three […]
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The MTN office in the Maitama District of Abuja, on Tuesday was under lock and key following the nationwide picketing of the company by the Nigeria Labour Congress (NLC). The News Agency of Nigeria (NAN) correspondent, who visited the office, reports that it was locked with only policemen and other security personnel outside the gate. […]
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Dr Ibrahim Hamza, the Commissioner for Water Resources in Kaduna State, says the state’s monthly revenue from water rate has increased from N30 million to N130 million. Hamza said this on Friday in an interview with News Agency of Nigeria (NAN), on the sidelines of the International Conference of the Nigerian Water Supply Association in […]
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The Naira on Thursday lost marginally against the dollar at the parallel market in Lagos, exchanging at N359.2 to the dollar, the News Agency of Nigeria reports. The Nigerian currency had traded at N359 on Wednesday, while the pound Sterling and the Euro closed at N481 and N416.5, respectively. At the Bureau De Change (BDC) […]
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U.S. President Donald Trump, who recently called on OPEC producers to help reduce oil prices, has raised prices through his tweets, Iranian OPEC Governor Hossein Ardebili was quoted as saying by news agency SHANA on Thursday. “Your tweets have increased the prices by at least $10. Please stop this method,” the oil ministry news agency […]
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Activities on the Nigerian Stock Exchange (NSE) for the third consecutive day on Wednesday closed on a negative trend, with Nestle leading the laggards’ table. Nestle, one of the highly capitalised equity, topped the losers’ chart with a loss of N10 per share to close at N1,500 per share. Unilever trailed with a loss of […]
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Volkswagen, car manufacturing company, says it is ready to produce two million made-in-Nigeria cars yearly as soon as the automotive bill is signed into law to curb the dumping of used cars in Nigeria. Thomas Schaefer, Chairman of the company said in Abuja during a discussion on “Developing the African automotive industry by adopting an […]
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Prof. Yemi Osinbajo would be declaring open the 12th edition of the Abuja International Housing Show, aimed at boosting housing investment in Nigeria. Mr Festus Adebayo, Managing Director, FESADEB Communications Ltd. and the convener stated this in an interview with newsmen on Monday in Abuja. The show which is the largest real estate festival in […]
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