Business

Visit NewStage Business today for stories from the NIG Stock Market, Oil prices and Currency rate

NNPC’s staff cost takes lion’s share of $33.8 bn 2016 ...

The Nigerian National Petroleum Corporation (NNPC) overhead costs took the lion share of $33.8billion it generated in 2016, latest findings from BudgIT, a data...

PYXERA, YieldWise to equip 20,000 tomato farmers against post-harvest losses

PYXERA, the implementing partner of YieldWise in Nigeria, is working with 20,000 farmers in Kano State to equip tomato farmers with skills in post-harvest...

Etisalat’s debt talks with Nigeria Banks may carry on this week

As palpable fear hangs over the fate of Etisalat Nigeria, there is every likelihood that reprieve may come the way of the telecommunications firm...

Afreximbank raises $750m in euro note for Nigeria, other borrowers

The African Export-Import Bank (Afreximbank) said it has successfully raised $750 million note under its Euro Medium Term Note programme, in a move to...

CBN engage entrepreneurs, residents on intervention scheme

The Central Bank of Nigeria (CBN), at the weekend, engaged entrepreneurs and residents in Lagos on its various intervention programmes meant to stimulate the...

Union Bank dine with customers, stakeholders in PH

Union Bank of Nigeria Plc, at the weekend, hosted its customers and other stakeholders in Rivers State to a classy dinner at the Novotel...

AfDB to ensure drought does not lead to famine with $1.1bn

The African Development Bank (AfDB), has concluded plans to deploy $1.1 billion with approval of its board to address drought-related crisis and ensure that...

NB targets 60 pct local materials by 2020

The Nigerian Breweries (NB) Plc unveil plans to increase sourcing of raw materials like sorghum, food grade starch and others locally from 57 to...

FCMB opens a Flexx Hub at UNIBEN, platform for the youth

First City Monument Bank (FCMB) has opened a Flexx Hub at the University of Benin (UNIBEN) in Edo State.The Hub is a mini branch...

IBEDC to spend ₦5bn on asset, customer enumeration

The Ibadan Electricity Distribution Company on Thursday stated that it would spend a total of ₦5bn to audit its assets and enumerate customers on...

Julius Berger plans to expand into oil, power industry in Nigeria

Julius Berger Nigeria Plc, the largest construction company in Nigeria by market value, plans to acquire oil assets and expand into the power industry...

After two years, Osinbajo inaugurates privatisation council

More than two years after the present administration assumed power, the Federal Government finally reconstituted the National Council on Privatisation on Thursday in Abuja.Speaking...

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