Rising Cost of Raw Materials Endangers Consumer Goods Giants Top consumer goods manufacturing companies listed on the Nigerian Stock Exchange, NSE, are facing deeper financial difficulties...
Expiring Licences Threaten Bid for Nation’s Local Refining Thirty-two companies granted licences to establish (LTE) and approval to construct (APC) private refineries with a combined capacity...
Nigeria Loses Fortunes to Over-dependence on Lagos Ports The over-dependence on the Lagos seaports may be doing the economy more harm than good, as investigations revealed...
Hurdles for Local Carriers as Foreign Airlines Dominate Lagos Local carriers operating on the international route are faced with fresh hurdles as fellow African airlines now...
Nigeria to Lose $68m to Saudi Arabian Airlines for 2017 Hajj Exercise Nigeria risks loosing $68million to the Kingdom of Saudi Arabia during the forthcoming 2017...
Fashola Raises Hope for Better Electricity Supply The Minister of Power, Works and Housing, Mr. Babatunde Fashola, on Sunday raised hope for improved electricity supply in...
CBN Asks Banks to Report Cyber Crimes Meanwhile, following a recent report that North Korean hacking operations were growing and getting bolder and increasingly targeting financial...
UBA Shareholders Approve N19.9bn Dividends The shareholders of United Bank for Africa Plc have approved the payment of N19.9bn as final dividend for the financial year...
BDCs Meet Today, to Punish Errant Operators The directors of over 3,000 Bureaux De Change operators will on Monday (today) hold a special meeting aimed at...
Dollar Purchases Raise Interbank Rate to 14.5% The nation’s overnight lending rate has risen by 2.5 percentage points after the Central Bank of Nigeria debited bank...