The President, Cocoa Processors Association of Nigeria, Mr. Dimeji Owofemi, has said that cocoa processors are recording huge losses on cocoa beans as a result of...
The proposed oil revenue in the 2016 budget presented by President Muhammadu Buhari to the National Assembly about three weeks ago is facing a setback as...
Japan based electronics giant, Panasonic has established an assembly plant in Lagos to complement its manufacturing plant in India. In a statement, Shinichi Wakita, Managing Director...
Skye Bank Plc, Unity Bank Plc, FCMB Group Plc and Access Bank Plc topped the losers’ table after the close of trading at the Nigerian Stock...
The naira took further beating on Thursday at the parallel market, trading near its 2015 low of 280 against the United States dollar. The dollar was...
The Managing Director, International Monetary Fund, Ms Christine Lagarde, on Thursday concluded her four-day visit to Nigeria with a statement that poverty, inequality and unemployment remained...
The Seme Area Command of the Nigeria Customs Service said it generated N1.42bn for December, 2015, exceeding its monthly revenue target with N398.42m, amounting to 40...
The Minister of Environment Hajiya Amina Mohammed has projected that the country can generate $7, 5 billion (about N15 trillion) from of grid solar energy. This...
A sharp decline was recorded in revenue accruable to the Federal Government from the petroleum sector, as the country’s earnings from crude oil export dropped to...
The Ooni of Ife, Oba Adeyeye Ogunwusi, has acquired 30 square miles of land in Ile Ife for cocoa, oil palm and rubber plantation. The monarch...