Business News

Barely two years after his confirmation of his five-year tenure as the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Engr. Saleh Dunoma has been sacked. The sack...

News release May 18, 2019 – Ottawa, Ontario – Global Affairs Canada Growing Canada’s trade and investment relationship with partners in the Asia-Pacific region drives economic prosperity and creates good...

The Senate has confirmed Mr Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN) for a second term of five years. This followed the adoption of the report...

The National Bureau of Statistics on weekday aforesaid that 5.32 billion litres of fuel were foreign into the country within the fourth quarter of 2018. The NBS disclosed this in...

The Vice Presidential candidate of the Peoples Democratic Party, PDP, in the February 23 presidential election, Mr. Peter Obi, has described as gratifying, the recent warning of All Progressives Congress,...

Nigeria’s central bank (CBN) has slashed the Monetary Policy Rate (MPR) from 14 per cent to 13.50 per cent. The decision was reached at the Monetary Policy Committee (MPC) meeting...

The Chairman of the United Bank for Africa (UBA) Group, Mr. Tony Elumelu, has advised President Muhammadu Buhari, to address Nigeria’s epileptic power situation as well as ensure that operators...

For 2018 as a whole, the economy grew by 1.4 percent, its lowest rate since 2009, when it contracted by 4.2 percent in the wake of the global financial crisis...

Nigeria and Denmark have commenced negotiation targeted at increasing investment in the maritime sector in both nations. The Managing Director, Nigerian Ports Authority, Mrs Hadiza Usman, while receiving the Danish...

Nigeria has been rated the 110th best country for business in the world in 2019, out of 161 graded countries. Top on the list are United Kingdom (1), Sweden (2),...