SMEs Battle to Get Bank Loans, Raw Materials Small business operators have said high cost of raw materials is giving unfair advantage to foreign manufacturers.This is...
Nigeria, Libya Boost OPEC’s Crude Supply Organisation of Petroleum Exporting Countries (OPEC) crude production rose to a record in September, according to a Bloomberg survey. The...
Customs Seizes 117,034 Bags of Rice The Nigeria Customs Service (NCS), impounded 117,034 (50kg) bags of rice with duty paid value of N774,282,300 in the first...
FG Accused Shell of Crude Oil Theft FG Demands $406 million The federal government is demanding $406.75 million at the minimum from the Shell Petroleum Development...
Hilton Signs Agreement on 350-room Hotel Hilton Worldwide has announced the signing of a management agreement with a Nigerian firm, Quality Inspection & Testing Services Limited...
Caverton, Wema Bank, NEM Lead N21bn Market Loss The equities market, on Tuesday, recorded a loss of N21bn led by Caverton Offshore Support Group Plc, Wema...
The Federal Government is planning to borrow N105bn ($345m) in local currency — denominated bonds at an auction on October 12, the Debt Management Office has...
FG Plans N6.8tn Budget for 2017 The Federal Government plans to spend an estimated N6.812tn as its budget for 2017. The figure is about 13.3 per...
IMF Downgrades Nigeria Growth Forecast for 2017 The International Monetary Fund has cut its 2017 economic growth forecast for Nigeria. The Washington-based lender said in its...
FG Puts up N7bn Presidential Jets for Sale The Presidency on Tuesday confirmed that newspaper advertisements for the sale of two presidential aircraft, a Falcon 7X...