South African Airways expands operation to Mauritius

South African Airways (SAA) has commenced direct flight operations from Johannesburg to Mauritius making use of the Airbus A330 generation aircraft. ...

FG sues JP Morgan for $875m over Malabu oilfield deal

The Federal Government has filed a claim against a United States lender, JP Morgan Chase, for more than $875 millon, accusing the bank of...

Nigeria, Saudi oil production is the biggest last month

Crude oil production in Nigeria rose by 88,700 barrels per day last month, the second biggest increase among its peers in the Organisation of...
access bank

Paternity leave for Access Bank’s male employees

Starting this month, male employees of Access Bank Plc can take advantage of an enhanced parental leave policy that extends paid benefits to all...

Buhari approves licence for UNILAG TV

President Muhammadu Buhari has approved a television licence for University of Lagos (UNILAG TV), this is even as management of the school said it...

South African Airways expands operation to Mauritius

South African Airways (SAA) has commenced direct flight operations from Johannesburg to Mauritius making use of the Airbus A330 generation aircraft. ...

FG get 4-state support on exploration of oil in North

Governors of Sokoto, Kebbi, Zamfara and Katsina states are willing to partner the Federal Government to facilitate the exploration of both ethanol and hydrocarbon...

Nigeria emerges 27th in global ranking for ‘retail development’, drops from...

Nigeria’s global ranking in retail development dropped from the 19th position recorded in 2016 to 27 out of 30 countries surveyed in 2017. Total national...

Many states still owe workers’ salaries despite bailout funds: survey

Many state governments have used the third tranche of the Paris Club refund to pay the arrears of workers’ salary and pension, a survey...

Nigeria passes PIB this week after 17 year struggle

Nigeria has moved closer to turning an oil industry bill into law after a 17 year struggle to complete the legislation which aims to...

Nigeria plans to borrow ₦385 billion via NGN bonds

The Federal Government is planning to borrow between ₦315 billion and ₦385 billion ($1 billion-$1.26 billion) in the first quarter of the year through...

World equities climb amid shutdown threat, Treasury yields hit 3-year high

World equity markets climbed to a record on Friday as the U.S. dollar languished near three-year lows and a U.S. government shutdown loomed, while...

NSE recovers form overhang to become third best performing market, says...

The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema yesterday said the Nigerian stock market recovered from the macroeconomic overhang...

Petrol price increases by 17.10 pct in December, says NBS

The National Bureau of Statistics, NBS, stated that the average price of Premium Motor Spirit (PMS), popularly known as petrol, increased by 17.10 per...

U.S. oil industry set to break record, upend global trade

Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in...

ANALYSIS-iPhone addiction may be a virtue, not a vice for investors

Apple Inc investors are shrugging off concerns raised by two shareholders about kids getting hooked on iPhones, saying that for now a little addiction...
ECB

ANALYSIS-Bond markets look beyond easy ECB money to first rate rise

The timing of a European Central Bank rate rise is fast taking over as the main driver of borrowing costs in the euro area...

Africa development body, funds see opportunity in mining infrastructure

With some mining companies increasingly reluctant to own outright the infrastructure that keeps their projects going, an African development institution is linking up with...

Investors interest in the FGNSB weakens by 88 pct in Nov.:...

Investors appetite for the newly introduced Federal Government of Nigeria, FGN, Savings Bond (FGN-SB or Savings Bond) has eroded by 88 percent as at...

INTERVIEW: Billionaires make money in Nigeria, evade tax but pay abroad...

The Minister of Finance, Mrs Kemi Adeosun, has once again read the riot act to tax evaders in the country. According to her, the...

UN appeals for nearly $3 bn to save millions in Yemen

The United Nations on Sunday made what it said was a record appeal for aid to Yemen, calling for nearly $3 billion in humanitarian...

Global female empowerment marches enter second day

More demonstrations in support of female empowerment are planned around the world Sunday, a day after a host of marches and protests, several of...

FG get 4-state support on exploration of oil in North

Governors of Sokoto, Kebbi, Zamfara and Katsina states are willing to partner the Federal Government to facilitate the exploration of both ethanol and hydrocarbon...

Nigeria emerges 27th in global ranking for ‘retail development’, drops from...

Nigeria’s global ranking in retail development dropped from the 19th position recorded in 2016 to 27 out of 30 countries surveyed in 2017. Total national...

Nigeria, Saudi oil production is the biggest last month

Crude oil production in Nigeria rose by 88,700 barrels per day last month, the second biggest increase among its peers in the Organisation of...

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