CBN sells $195m ahead of MPC decisions

Ahead of the decisions of the Monetary Policy Committee on Tuesday, the Central Bank of Nigeria on Monday boosted liquidity in various segments of...

Dufil Prima plans to raise $131 million from debt market

Nigerian pasta maker Dufil Prima Food plans to raise 40 billion naira ($131 million) from the local debt market to broaden its funding base,...

UBA absolves self from court order on TSA remittance

Foremost banking group, United Bank for Africa has absolved itself from culpubility in the recent court judgement, which directed seven commercial banks to remit...

Over $100m required to brand the new 9mobile: telecos experts

Emerging Markets Telecommunication Services Limited, EMTS previously trading as ‘Etisalat Nigeria’ and now 9mobile requires an estimated $100million to perfect the complete reengineering of...

UBA Foundation takes its ‘Read Africa Initiative’ to Nairobi

The United Bank for Africa (UBA) Plc, through its Corporate Social Responsibility arm, the UBA Foundation, continued on its quest to educate and empower...

IMF predicts Nigeria will grow faster than South Africa in 2018

Despite Nigeria’s inflation rate of 16.10 per cent in June, 2017, the International Monetary Fund (IMF) has projected that Nigeria’s economy will grow faster...

Osinbajo calls for oil & gas sector reform in Africa

Nigeria’s Acting President, Professor Yemi Osinbajo, has restated the need for African leaders to come up with reforms that will ensure development in the...

How do we justify importation of apple, cucumber, eggs from South...

Mr Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN) said the apex bank will continue to review it’s polices to ensure that...

UBA Foundation takes its ‘Read Africa Initiative’ to Nairobi

The United Bank for Africa (UBA) Plc, through its Corporate Social Responsibility arm, the UBA Foundation, continued on its quest to educate and empower...

Agriculture, Electricity, Entrepreneurship will create jobs in Africa – Elumelu

The Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation, Tony O. Elumelu, CON, has called on African leaders and development institutions...

Stock market hits 2-year high, rises by ₦218 billion

Nigeria recorded its highest return in over two years on Monday, as the Nigerian Stock Exchange market capitalisation appreciated by ₦218bn in one session.At...

Oil extends gains as OPEC moves to cap Nigeria output

Oil prices extended gains on Tuesday after OPEC moved to cap Nigerian oil output and Saudi Arabia pledged to limit exports next month to...

Apapa customs posts ₦167 billion in first half 2017

Apapa Area Command has announced that a total of ₦165,743,266,107.71 revenue was collected for the first half of the year.In a statement, the command’s...

Nigeria’s debt servicing in five years costs ₦7.88 trillion

The Federal Government spent $25.82bn to service its debts between 2012 and 2016, the Debt Management Office has said.If converted to naira using the...

India; Nigeria’s biggest oil buyer now purchases from US

India, Nigeria’s biggest oil destination, has started buying crude from the United States as it looks to diversify its sources of the commodity.According to...

Nigeria Export Promotion Council (NEPC), is improving non-oil export revenue –...

The Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Mr. Olusegun Awolowo, whose responsibilities include promoting the development and diversification of Nigeria’s...
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Reality, consciousness, hallucination in relation to world and self

Ted Talks: Right now, billions of neurons in your brain are working together to generate a conscious experience -- and not just any conscious...

Analyst urges N’Assembly to review 2017 oil benchmark

Nigeria may be in for tougher times in the next few months with predictions of further decline of crude oil prices in the international...

OPEC, non-OPEC meeting may affects Nigeria 2017 budget

Nigeria’s oil production, which hit 2.05 million barrels per day (mbpd) in June may suffer further decline that could threaten the 2017 budget as...

Recession, forex crisis limiting Nigeria auto industry

To talk about the competitive strength of Nigeria’s automobile industry is to be making a mere rhetoric in an area that is relatively unknown...

South African child cured of HIV after a year of treatment

A South African child born with HIV has surprised experts by appearing to be effectively cured of the AIDS virus after just a year...

First new photo of Buhari 2 months after he left for...

The Federal Government has released a photo of President Muhammadu Buhari more than two months after he left for London for medical treatment amid...

Ikeja City Mall hosts first Nigerian National Freestyle Football Championship tomorrow

History will be made on Sunday July 23rd, 2017 as Ikeja City Mall in Lagos hosts the first Nigerian National Freestyle Football Championship in...

Alleged killing of tanker drivers: Irate mob set Sterling Bank branch...

The Apapa branch of Sterling Bank Plc was burnt down on Wednesday by irate mob of truck drivers over an alleged killing of three...

Jan. – June 2017 was Earth´s second hottest on record

The first half of 2017 was the second warmest on record for Earth, behind only last year.The National Oceanic and Atmospheric Administration announced that...

Messi career in numbers as he’s turning 30

With Lionel Messi turning 30 on Saturday, we look at the Barcelona and Argentina star’s illustrious career in numbers.507 Goals for Barcelona, in 583...

Tax Scandal: Ronaldo ‘outraged’; may leave Real Madrid

Real Madrid star Cristiano Ronaldo is “outraged” at what he feels is unfair treatment by Spanish tax authorities and is determined to quit the...

Nigeria, Ivory Coast, Zambia suffer shock losses

Former African champions Nigeria, Ivory Coast and Zambia all lost at home Saturday on a day of upsets in the first qualifying round for...

Manchester United releases Ibrahimovic, will continue rehab with the club

Zlatan Ibrahimovic has been released by Manchester United – but the veteran striker will continue his rehabilitation with the club, Press Association Sport understands.Signed...
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Messi reiterates desire to end career at Barcelona

Five-time Ballon d’Or winner Lionel Messi has reiterated his desire to see out his career with Barcelona.The 29-year-old, who moved to Spain aged 13...

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