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NIGERIAN BUSINESS NEWS
The former Minister of States for Petroleum Resources, Dr. Ibe Kachikwu, has stated that one of the ways Nigeria can grow her crude oil reserves and increase oil production, is by ensuring that the country's refineries are in proper working condition.
The Manufacturers Association of Nigeria (MAN) has spoken out against the hardship Nigerian businesses (especially Small and Medium Scale Enterprises) are going through in recent times as a result of epileptic power supply.
The consumer price index, which measures inflation, rose to 11.40% in May 2019. According to the @nigerianstat, year-on-year, inflation increased by 0.03% points higher than the 11.37% rate recorded in April 2019.
The Debt Management Office (DMO) has listed its first Eurobonds on the FMDQ Securities Exchange and the Nigerian Stock Exchange (NSE).
Despite the plethora of opportunities for health care providers and drug makers, underinvestment by the government in Nigeria's health care sector has made it difficult to attract investments.
Tope Smart, the Chairman of Nigerian Insurers Association (NIA), has been appointed as the Vice President of the African Insurance Organisation (AIO).
Union Bank of Nigeria shareholders recently approved the proposal to cancel N54.46 billion accumulated permanent losses in the books of the commercial bank.
The Bank of Industry (BoI) has disclosed that it disbursed loans worth over N270 billion to borrowers during the 2018 financial year.
According to a new report by the Organisation of Petroleum Exporting Countries, Nigeria's crude oil reserves fell by...
The African Development Bank (AfDB) is confident that the continent's largest country, Nigeria, will soon sign the Africa Continental Free Trade Agreement (ACFTA).
NASCON Allied Industries Plc has moved some of its operations away from the Apapa area of Lagos to Oregun and Port Harcourt.
The Central Bank of Nigeria (CBN) has begun clamping down on naira note abusers across the country.