Kuwait To Recall Its Ambassador In Iran

The regional crisis between Saudi Arabia and Iran looks to be worsening as Kuwait have announced that it is recalling its ambassador from Iran,...

A Nigerian Sports Betting Company Explains Just How Huge This Industry Is

Sport betting in Nigeria is as big as it gets and analysts now believe an average betting company could be set to make as...

Nigerian Cargoes Set To Export More Crude To India This January

Nigeria is expected to ship more cargoes this month despite an unfavourable price disparity between the Brent crude and Nigeria's bonny light. According to...

List Of Capital Market Operators Confirmed By SEC

The Securities and Exchange Commission(SEC) released a list of capital market operators who complied with the new minimum capital requirement after the capital verification exercise. This...
CBN Gov Godiwn Emefiele

World Business Today

1.CBN slashes BDCs’ dollar sales to $10,000: The Central Bank of Nigeria (CBN) will this week sell $10,000 to each of the 2,839 Bureaux de...
CBN Gov Godiwn Emefiele

Emefiele Wins Man of The Year Award

Nigeria's Central Bank Governor, Godwin Emefiele has been named 2015 Man of the Year by Daily Times Nigeria. The Central Bank Governor has had...

Nigeria To Commence Production Of Pencils, 6 Cylinder Engines In 2 Years – Minister

Nigeria will soon stop importing pencils as local production will commence in the next two years. Minister of Science and Technology, Dr Ogbonnaya Onu made this...

[Nigerian Stocks] First Working Day Ends In “RED”

The Nigerian Stock Exchange(NSE), closed the first working day of the new year on a negative, as the All Share Index dipped by 0.99%...

Official Cars For Government Officials Must Stop – Senator Adeyeye

Chief Whip of the Senate, Professor Olusola Adeyeye, believes all government officials including members of the National Assembly must to cut down on luxury in...

FMDQ OTC Exchange Recorded A Turnover Of N130trn Between Jan and Dec 2015

The FMDQ OTC Securities Exchange recorded a turnover of N130 trillion between January and November 2015. FMDQ is a debt-focused securities exchange with a commitment...

What You Should Know About MRS Oil Newly Appointed MD, Andrew Gbodume

MRS Oil Nigeria Plc, has announced the appointment of Mr. Andrew Gbodume as its Managing Director following the resignation of Mr. Paul Bissohong. In a...
Nigerian stock exchange - nairametrics

List Of Best And Worst Stocks In Nigeria For The Week Ended 31/12/2015

The NSE All-Share Index and Market Capitalization appreciated by 6.59% and 6.62% to close the week at 28,642.25 and N9.851 trillion respectively. Similarly, all other...

World Business Today

1.Saudi Arabia has executed a prominent Shi'ite Muslim cleric, spurring regional anger, sparking geopolitical tensions, and sending markets into tailspin: Asian markets are diving,...

What You Need To Know About The Man Causing Tension Between Saudi and Iran

Tensions between Iran and Saudi reached a new height on Sunday after the latter severed diplomatic ties with Iran after its Embassy was attacked...

Brent Crude Rises Past Govt. $38 Benchmark As Saudi/Iran Tensions Escalate

Global oil prices rose moderately over the weekend as tensions between Saudi Arabia and Iran grew over the executions of a prominent Shia cleric...

This Pastor Made A Bold Prediction About The Naira In 2016

It is the season of predictions and 'luckily' someone has predicted about the economy. According to an article in the National Mirror, a Pastor...

This Book Explains Why Africa Is Not Rising

The Looting Machine is a book written by former Financial Times correspondent, Tom Burgis and describes how corruption has stopped Africa from rising. According...

Gov. Wada Sets Up Transition Committee For Handing Over

Governor Idris Wada of Kogi State  has constituted a Transition and Steering Committees  in Lokoja, capital of the state to enable the smooth transition of...

Angola Gives Their Citizen New Year Present By Increasing Fuel Prices

The Angolan government on Friday cut its subsidies on fuel prices triggering an increase in fuel price. According to Reuters, the country's equivalent of...

T.Y Danjuma Will Head Committee On Rehabilitation for North-East

President Muhammadu Buhari has revealed that a committee to rehabilitate infrastructure and resettle Internally Displaced Persons,IDPs in the North-East sub-region would soon be formally inaugurated. The...

Nigerian Stocks End A Disastrous 2015 With A N1.6 trillion Loss

The Nigerian All Share Index ended 2015 in negative territory as the All Share Index closed 28,642.25 posting -17.36% return year to date (YTD) 2015. Market...

Nigeria’s Foreign Reserves As At December 29, 2015 Is Down 15% YoY Drop

Nigeria's foreign reserves officially closed at $29.8 billion representing a 15.4% year on year drop. Nigeria's reserves which is pivotal to defending the Nation's...

[Thumbs Up] AIB Says Air Safety In Nigeria Has Improved

The Accident Investigation Bureau (AIB) on Thursday reported that air safety had improved in the country in the last 10 years in Nigeria. Spokesperson of the...

Oil Price Will Exceed $100, From Year 2040 – OPEC

The Organization of the Petroleum Exporting Countries (OPEC) recently released its 2015 World Economic Outlook. The report emphasized the role oil will continue to play...
Apple

World Business Today

1.The Russian rouble is taking  a punch: The Russian ruble dropped 1.3% on Wednesday to 73.2 rubles per dollar, its weakest level in about 12...

Here Is How Dubai Became The First Non-Oil Economy

The city of Dubai has become the first non-oil economy in the Gulf. This was made known as Dubai’s government’s 2016 budget revealed that...

Here Is Why The All Share Index Gained BIG On Tuesday

The All Share Index posted its largest one day gain since April 2015 after it closed at 3.79% with a market capitalization of N 9,553,314,115.89....

Why Buhari’s Blunder About Devaluation Is Worrisome

The Nigerian President was on National TV on Tuesday taking questions from journalists in his first ever presidential media chat. He was asked questions...

Tiger Branded Company Loses N1.8 Billion To Naira Devaluation

Tiger Branded Company Limited formerly Dangote Flour Mills Nigeria Plc released its 2015 9 months results posting a loss after tax of N12.7 billion...

President Buhari Will Hold First Presidential Media Chat Wednesday

President Muhammadu Buhari will hold his maiden media chat on Wednesday at the State House, Abuja. The chat is slated for 7pm. According to sources,...

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Bob Iger resigns as competition stiffens between Apple and Disney

The CEO of Walt Disney Co, Bob Iger has resigned from Apple Inc’s Board of Directors as competition stiffens betwen the companies.
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FG to construct, fix 14 roads with N166 billion 

Following the memorandum sent by the Ministry of Works and Housing to the Federal Executive Council, the Federal Government (FG) has approved the sum of N166 billion for the construction and rehabilitation of 14 roads across Nigeria.
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Nigeria saved N670 billion from petrol importation in 6 months

The latest foreign trade report released by the National Bureau of Statistics (NBS) shows that Nigeria saved N670 billion on the importation of Premium Motor Spirit (Petrol) in half-year 2019.