December Manufacturing PMI Signals Economic Recovery The Central Bank of Nigeria, CBN, yesterday, said that the manufacturing sector expanded in December for the first time in...
300 Tonnes of Oil Spills After Malaysia Ship Collision Almost 300 tonnes of oil spilled into Malaysian and Singaporean waters after two container ships collided in...
SEC Summons Six Directors Over Complaints on N300m Investors’ Funds The Securities and Exchange Commission, SEC, yesterday, directed six directors of Transglobe Investment & Finance Company...
Nigerian cinema has best-ever box office returns Despite a gloomy economy and an uncertain outlook, the Nigerian movie industry has just enjoyed its best year at...
$30.9b New Vessels Built in 2016 The global maritime sector recorded the lowest new ship building contracts in 2016, with total investment value put at $30.9...
Vehicles Trapped at Nation’s Borders as Import Ban Begins Scores of vehicles were yesterday trapped at land borders as the Nigeria Customs Service (NCS) began the...
Naira Closes Flat on First Trading Day The Nigerian Naira closed flat on the first official trading day of the year. The local currency closed at...
Lagos’ N812. 99bn Golden Jubilee Budget Gets Assembly’s Approval The Lagos State House of Assembly yesterday passed the 2017 budget proposal of N812. 99 billion presented...
Dangote Tomato Factory Reopens February The Dangote Tomato Processing Factory in Kadawa, Kura Local Government Area of Kano State is to resume production in February. The...
Oil Prices Rise Above $58, Bridge Budget Deficit The new year looks promising for Nigeria and other oil-producing countries as oil prices hit 18-month high yesterday,...