BDCs Urge FG to Harmonise Multiple Exchange Rates The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged Central Bank of Nigeria (CBN) and...
Nigerian Stock Exchange All-Share Index Falls 0.88% as Bears Return The bears returned to the stock market tuesday after the two days of losing control. As...
Nigeria Imports Processed Tomatoes Worth N15bn Yearly Nigeria is losing over N15bn annually to importation of processed tomato. The Deputy Director, Procurement at the National Research...
Oil Workers Down Tools Over Unpaid Salaries Oil and gas workers in southern Nigeria downed tools on Tuesday over the alleged non-payment of salaries, with the...
Power Sector Privatisation Faulty, Says Saraki President of the Senate, Bukola Saraki, has described the privatisation process in the power sector as faulty and hindering the...
Cooking Gas Price Hits N5,000 The inability of a vessel carrying Liquefied Petroleum Gas, popularly known as cooking gas, to berth and discharge in Lagos has...
Firms Risk Suspension of Licences Over N345m Unpaid Fines Some electricity firms are at the verge of losing their licences three years after privatisation for failing...
Chinese Steel Firm Pledges Commitment to Nigeria A Lagos-based Chinese steel manufacturing company, HongXing Steel Company, has expressed confidence in the ability of the Nigerian economy...
NNPC Targets 80 Percent Refining Capacity by 2018 The Nigerian National Petroleum Corporation (NNPC) said it plans to increase the capacity utilisation of its refineries to...
Forex Scarcity Threatens Leather Factory Scarcity and lack of access to foreign exchange (forex) is threatening the survival of the multi-billion naira leather factory project in...