Business & Economy
Nigerians may pay more for electricity
It is 21 months since the Nigerian Electricity Regulatory Commission (NERC) last reviewed the Multi Year Order (MYTO). Daily Trust reports that consultations for the review […]
Business & Economy
Business & Economy
STANBIC IBTC to boost agriculture with N50billion
The Managing Director, Nigeria Incentive- based Risk Sharing System for Agriculture Lending (NIRSAL), Mr. Aliyu Abdulhameed yesterday disclosed that about N50 billion has been injected into […]
Business & Economy
Oil sales may drop as China stops production of petrol vehicles
China, world’s biggest car market, plans to ban the production and sale of diesel and petrol vehicles, further threatening the future profitability of oil — Nigeria’s […]
Business & Economy
Bitcoin – the crypto-currency that is an investors delight
You may have noticed reports about Bitcoin’s value recently – its price is headed into the stratosphere. The crypto-currency’s recent meteoric price rise over the summer […]
Business & Economy
$9billion spent to stabilize Naira
Central Bank of Nigeria (CBN) sold $9 billion to forex dealers through the interbank market between February 21 and August 31 Daily Trust reports. The figure […]
Business & Economy
Prepare for the future with fixed deposit account
Most prospective entrepreneurs find it difficult raising seed capital to start a business. They probably have some savings in their bank account but it’s not enough […]
Business & Economy
First Bank, staff to donate cash to mudslide victims
First Bank of Nigeria (FBN) Limited and its subsidiaries, have initiated a fund-raising drive across its staff as part of the FirstBank Employee Volunteering Scheme, to […]
Business & Economy
Ethiopian Airlines may purchase Arik Airline
Ethiopian Airlines, a leading African carrier, owned 100 per cent by the Ethiopian government, says it has made a bid to the Federal Government to take […]
Business & Economy
Mambilla hydro power project to gulp $5.8billion
The Federal Government yesterday approved the contract of the Mambilla hydro power plant at a cost of $5.792 billion. The project consists of engineering and electro-mechanical […]
Business & Economy
Dollar sells for N368 at parallel market
The naira, yesterday, appreciated to N368 per dollar at the parallel market. Vanguard survey showed that the parallel market exchange rate dropped to N368 per dollar […]