The British pound sank Monday on uncertainty surrounding Prime Minister Theresa May’s future, but the London stock market was buoyed by the sliding currency, dealers…
View More Pound sinks on fears over May’s futureCategory: Business
Katsina Gov presents N211.4bn appropriation for 2018
Gov. Aminu Masari of Katsina State on Monday presented the 2018 appropriation bill of N211.4 billion at the State House of Assembly. Masari, who presented…
View More Katsina Gov presents N211.4bn appropriation for 2018IBB extols Gov Ikpeazu, describe Abia as an important State
Former Military President, General Ibrahim Babangida, has commended the Abia State Governor, Dr Okezie Ikpeazu, for his efforts in repositioning Abia State for greatness. According…
View More IBB extols Gov Ikpeazu, describe Abia as an important StateWhy probe is yet to take off one month after $25B NNPC Contract
Thirty-eight days after the Senate resolved to investigate the alleged abuse of due process in the award of contracts worth $25b by the Nigerian National…
View More Why probe is yet to take off one month after $25B NNPC ContractNNPC promise to promote home-grown technology
The Nigerian National Petroleum Corporation (NNPC) has pledged to promote the development and commercialisation of home-grown technology in collaboration with the Nigerian Content Development and…
View More NNPC promise to promote home-grown technologyFresh recession inherent over Niger Delta militants’ attacks
As tension mounts in the Niger Delta over the move by militants to resume attacks on oil facilities, there is the fear that the country…
View More Fresh recession inherent over Niger Delta militants’ attacksFashola refutes allegation of $350m fraud
The Minster of Power, Works and Housing, Mr Babatunde Fashola has said that there was no fact in the allegation of diversion of 350 million…
View More Fashola refutes allegation of $350m fraudTransition from firewood to gas to generate N10bn revenue by 2019-NLPGA
Over $10billion will be generated for the economy from the switch of 50 per cent kerosene and firewood users by 2019, according to the Nigerian…
View More Transition from firewood to gas to generate N10bn revenue by 2019-NLPGAChina buys $5bn worth soybeans from U.S.
The United States soybean industry has signed two letters of intent with Chinese importers covering the five billion dollar purchases by the latter of an…
View More China buys $5bn worth soybeans from U.S.AFREXIM Bank to develop two industrial parks in Nigeria
African Export Import Bank (AFREXIM), has concluded plans with the Nigerian Government to develop two industrial parks in the country in 2018, for the processing…
View More AFREXIM Bank to develop two industrial parks in NigeriaTwitter move up to 280-character tweets
(Reuters/NAN) Microblogging website Twitter Inc (TWTR.N), known for its iconic 140-character tweets, said it would roll out 280- character tweets to users across the world,…
View More Twitter move up to 280-character tweetsHOSCON wants FG to release N98bn gas flare penalty money
Th Host Communities of Nigeria Producing Oil and Gas (HOSCON), has called on the Federal Government to release the N98 billion gas flare penalty money…
View More HOSCON wants FG to release N98bn gas flare penalty moneyBuhari opens e-Nigeria confab
President Muhammadu Buhari on Tuesday declared open, a three-day e-Nigeria technology Conference, at the International Conference Centre Abuja. Buhari and participants at the e-Nigeria Conferenec…
View More Buhari opens e-Nigeria confabEthiopian Airlines lands B787-9 in Abuja on Tuesday
Ethiopian Airlines, Africa’s largest airline group, has announced that it would bring its newest Boeing 787-9 plane tagged the “Big Brother“ to Abuja on Tuesday.…
View More Ethiopian Airlines lands B787-9 in Abuja on TuesdayWhy closed NERFUND-FG
The Permanent Secretary, Federal Ministry of Finance, Mr Mahmoud Isa-Dutse said the closure of the National Economic Reconstruction Fund (NERFUND) was based on the recommendations…
View More Why closed NERFUND-FGCross River ups for mineral development
At last, the dream of taking Cross River State out of the woods may soon be a reality if the massive solid minerals deposits discovered…
View More Cross River ups for mineral developmentBuhari writes national assembly, present 2018 Budget Tuesday
President Muhammadu Buhari has written a letter to the national assembly, seeking to present the estimates of the 2018 budget. Yakubu Dogara, speaker of the…
View More Buhari writes national assembly, present 2018 Budget TuesdayAbuja airport N61.2b terminal ready by February 2018
All things being equal, the Nnamdi Azikiwe International Airport’s (NAIA) new terminal in Abuja will open for operations February next year. The terminal, built at…
View More Abuja airport N61.2b terminal ready by February 2018NSE gains, heads for N13trn
Transactions on the Nigerian Stock Exchange (NSE) recorded a profit for the third consecutive day and may hit N13 trillion on sustained gains. The market…
View More NSE gains, heads for N13trnSingapore’s Changi Airport opens automated terminal
Singapore’s Changi Airport has opened a cutting-edge terminal with a fully automated check-in system including facial scanning and computerised baggage drop points. Terminal 4, built…
View More Singapore’s Changi Airport opens automated terminalEmefiele woos global investor-community in London
The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, at the weekend in London, urged global investors to come back to Nigeria, declaring that the…
View More Emefiele woos global investor-community in LondonDiversify now or live in regrets: Kalu urges African leaders:
Former Governor of Abia State, Dr. Orji Uzor Kalu, has urged African leaders to embrace economic diversification by allowing the private sector to be in-charge…
View More Diversify now or live in regrets: Kalu urges African leaders:Exchange reserves near $34b mark despite interventions
The nation’s foreign exchange reserves’ profiles recorded a new increase near $34 billion mark, after gaining about $350 million in one week, with $200 million…
View More Exchange reserves near $34b mark despite interventionsNCC summons telco CEOs, mulls prosecution over sale of pre-registered SIM cards
The Nigerian Communications Commission (NCC) has summoned chief executive officers (CEOs) of major telecommunications companies in the country to its headquarters in Abuja. TheCable learnt…
View More NCC summons telco CEOs, mulls prosecution over sale of pre-registered SIM cards