Business

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Buhari presents Momoh as NERC chairman – Presidency

President Muhammadu Buhari has nominated Prof. James Momoh as the Chairman of the Nigerian Electricity Regulatory Commission.The Senior Special Assistant to the President on...

CBN suspends cashless policy in 30 states

Yesterday friday, the Nigeria Central Bank announced the immediate suspension of the implementation of the Cashless Nigeria Policy in 30 states of the federation.This...

China invests $45 billion on projects in Nigeria

In furtherance of its economic policy, the Belt and Road Initiative, The People’s Republic of China has invested $22 billion in some projects in...

FG to ensure liquidity and stability in power sector, says Fashola

Minister of Power, Works and Housing, Mr. Babatunde Fashola, has restated the commitment of the Federal Government to its responsibilities in the power sector,...

Lagos State to build 3000 Mw of electricity

The center of excellence of the nation has said it plans to build about 3000 megawatts (Mw) of electricity power plant that would boost...

Nigeria’s oil production reduce to 1.2 million per barrels

The Nigeria crude oil production fell from a total two million barrels per day to as low as 1.27 million bpd amid the shutdown of two...

Union Bank’s little impairment remains an albatross

Segun EdwardsUnion Bank Plc’s loans and advances 38.3 percent growth in its 2016 financial year results to N507, 190 million may be insignificant but...

Exclusive: WFP funds to IDPs could dry up in weeks –...

The United Nations' World Food Programme could in a few weeks run out of funding to feed millions living on the brink of famine...

Kaduna doesn’t share public funds like N’Assembly: Gov

Kaduna State Governor, Mallam Nasir el-Rufai, on Thursday reacted to the allegation by the Speaker of the House of Representatives, Mr. Yakubu Dogara, that...

Farmers to benefit from $100 million GES loans

A digital payment service provider, Cellulant, said that it had arranged a consortium of financial sector actors that had agreed to offer $100m to...

E-Dividend: SEC launch portal for unregistered investors

In a bid to curb the growth of unclaimed dividend in the Nigerian capital market, the Securities and Exchange Commission (SEC) has provided a...

Stallion farms to produce 1.5 million tonnes of rice yearly

Stallion Popular Farms and Mills Limited has assured Nigerians of an annual increase in locally cultivated rice from 450, 000 metric tonnes to 1.5million...

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