CATEGORY: NEWS

Here Are The Top Things Happening In The World Of Business Today

Here Are The Top Things Happening In The World Of Business Today

1.Nigeria loses $3.3b to IOCs, Shell and others: Nigeria lost $3.3 billion extraordinary tax...


NNPC Shuts Down Kaduna, Warri Refineries After Militant Attack

NNPC Shuts Down Kaduna, Warri Refineries After Militant Attack

The Nigeria National Petroleum Corporation (NNPC) has shut down the Warri and Kaduna refineries...


Emefiele Blames US For Nigeria’s Currency Woes

Emefiele Blames US For Nigeria’s Currency Woes

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has blamed the United...


Nigeria Signs Double Taxation Treaty With UAE

Nigeria Signs Double Taxation Treaty With UAE

Nigeria announced it has signed a double taxation treaty on Trade, Finance and Judicial...


New Tax: Banks Will Charge N50 For Deposit Into Your Account of N1,000 And Above| What It Means

New Tax: Banks Will Charge N50 For Deposit Into Your Account of N1,000 And Above| What It Means

The Central Bank of Nigeria has instructed commercial banks to start charging N50 for...


Portfolio Investments Into Nigeria’s Stock Market Declines By 29% In 2015

Portfolio Investments Into Nigeria’s Stock Market Declines By 29% In 2015

Portfolio Investments in the Nigerian Stock Market dropped by 29% or N770 billion according...



Emefiele Tells Senate “No Plans To Confiscate Dollars”

Emefiele Tells Senate “No Plans To Confiscate Dollars”

The Central Bank Governor, Godwin Emefiele met with the leadership of the National Assembly...


Finally, SEC Instructs Forte Oil To Issue Bonus Shares Before March 31st 2016

Finally, SEC Instructs Forte Oil To Issue Bonus Shares Before March 31st 2016

Forte Oil Plc issued a press release on Tuesday that it has been instructed...


Here Are The Top Things Happening In The World Of Business Today

Here Are The Top Things Happening In The World Of Business Today

1.China’s economy bounces back: China’s economy bounces back to 6.8% in the fourth quarter...


FG Says 55 Nigerians Stole N1.34 Trillion From Treasury In 7 Years

FG Says 55 Nigerians Stole N1.34 Trillion From Treasury In 7 Years

The Federal Government said 55 people have stolen from the nation to the tune...


MTN On Track To Report $955m Profits From Nigeria

MTN On Track To Report $955m Profits From Nigeria

MTN Group reported on Tuesday that it is likely to report an annual profit...


NERC Will Punish Any Disco That Rejects Electricity From TCN

NERC Will Punish Any Disco That Rejects Electricity From TCN

The Nigerian Electricity Regulatory Commission (NERC) has warned that henceforth, any distribution company (Disco)...


This African President Will Reduce His Stay In Office

This African President Will Reduce His Stay In Office

President Macky Sall of Senegal has proposed to reduce his own term in office...


NLNG Purchases Another Ship, Takes Delivery of LNG Finima 11

NLNG Purchases Another Ship, Takes Delivery of LNG Finima 11

One out of the six new ships, purchased by Bonny Gas Transport Limited, from...


Nigerian Stocks Bleeding Red! As Over N300 Billion Is Lost Today

Nigerian Stocks Bleeding Red! As Over N300 Billion Is Lost Today

The Nigerian Stock Exchange continued its losing streak, as the All Share Index (ASI)...


Whatsapp Cancels Subscription Fees With Immediate Effect

Whatsapp Cancels Subscription Fees With Immediate Effect

WhatsApp founder, Jan Koum has announced that the company is dropping the service’s annual...


This Arab Billionaire Will Invest In Nigeria’s Oil, Gas, Power, Others

This Arab Billionaire Will Invest In Nigeria’s Oil, Gas, Power, Others

Arab Billionaire, Sheikh Abdullah Ahmed Al Ghurair, has indicated interest to invest in major...


India Has Doubled Its Crude Oil Purchase From Nigeria

India Has Doubled Its Crude Oil Purchase From Nigeria

India says it has doubled its annual oil purchase deal with Nigeria for 2015/16...


Jonathan Ran Our Economy Like Idi Amin – Soludo.

Jonathan Ran Our Economy Like Idi Amin – Soludo.

Professor Charles Soludo is in the news again and this time he has gone...


Here Are 10 Things Happening In The World Of Business Today

Here Are 10 Things Happening In The World Of Business Today

1.Brent Crude Is Still Diving: After hitting a 12 year low last week at...


BOOM: FCMB Announces Results Will Be Bad

Pix: From Bloomberg FCMB Group has issued it’s long awaited profit warning advising investors...


11am: Nigerian Stocks Are Down 2.1% With N100b Lost In One Hour

Investors are not letting up the Nigerian stock market as the sell off has...


Aliko Dangote Has A Million Dollar Plan For Nigeria’s Tomato Industry

Aliko Dangote Has A Million Dollar Plan For Nigeria’s Tomato Industry

Africa’s richest man, Aliko Dangote wants to revolutionize tomato production in Nigeria, with a...


$1 billion Has Been Spent On The Revival Of NITEL – NATCOM

$1 billion Has Been Spent On The Revival Of NITEL – NATCOM

The Chairman of NATCOM, Mr. Olatunde Ayeni, has revealed that a total of about...


BOOM: Brent Crude Drops To $27 after Iran Says It Will Offer Discounts

BOOM: Brent Crude Drops To $27 after Iran Says It Will Offer Discounts

Reports in the international media confirm Brent crude fell to $27.67 a barrel early...


Imports Spikes Inflation Rate To Highest In 3 Years

The National Bureau of Statistics has reported that Inflation Rate for the month of...


Here Is Proof That World Markets Are Falling As Hard As They Did in 2008

Here Is Proof That World Markets Are Falling As Hard As They Did in 2008

The year 2016 is turning out to be a really bad one for the...


SOCIALIST IN CHIEF: 6 of Buhari’s Welfare Programmes That Will Cost Nigeria N500 billion

SOCIALIST IN CHIEF: 6 of Buhari’s Welfare Programmes That Will Cost Nigeria N500 billion

If there are any hopes that the president could be mulling postponing his promise...


NEW POLICY: CBN Instructs Banks To Restrict Usage of Debit Cards In The US

NEW POLICY: CBN Instructs Banks To Restrict Usage of Debit Cards In The US

Nigerians banks have started sending out emails to their customers informing them that they...


ROUT: These 4 Nigerian Companies Lost N802 billion In One Week

The week ended January 15 will be remembered as one of the bloodiest on...