Clik here to view.
Mobile money transactions hit N10.1bn in August
The Deputy Governor (Operations) of the Central Bank of Nigeria (CBN), Mr. Tunde Lemo, has revealed that the value of mobile money transactions, which involves the use of mobile phones as banking tools...
View ArticleClik here to view.
Lekki-Epe road: Stakeholders call for commission of enquiry
Amidst the controversy surrounding the buyback of the concession rights of the Lekki-Epe Expressway by the Lagos State Government, stakeholders have called for an independent commission of enquiry to...
View ArticleClik here to view.
PHCN records over sixty cables theft in Kwara
By Olarotimi Oshin The Business Manager of the Power Holding Company of Nigeria (PHCN), IIorin, Alhaji AbdulFatai Olatunji, has disclosed that the Company has recorded over 60 cases of cable theft...
View ArticleClik here to view.
Bids for Chevron’s oil blocks due September 30
United States- based Chevron Corporation will receive bids on September 30 from prospective buyers of three oil blocks in the Niger Delta, with several local Nigerian firms in the running, industry...
View ArticleClik here to view.
Nigeria will soon be exporting cement to neighbouring states – Idris
Alhaji Shuaibu Idris is an erstwhile governorship aspirant in Kaduna State under the Peoples Democratic Party (PDP), Council member, Kaduna State University, former Deputy Managing Director and acting...
View ArticleClik here to view.
New Zealand airline plans Antarctic ice landings
New Zealand’s flagship airline plans to fly planes to Antarctica that pilots would land on an ice runway. But tourists wanting to travel to the frozen continent will need to keep their hopes in check....
View ArticleClik here to view.
Lagos, Abuja among top 4 most expensive cities in Africa – EIU
CARS AT MARINA Lagos and Abuja have been listed among the top four cities in Africa with high cost of living, according to an index released by the Economist Intelligence Unit (EIU) on 25 African...
View ArticleClik here to view.
‘Yours was shoddy’- Jonathan tells Atiku, El-Rufai as $3 bn realised from...
President Goodluck Jonathan has countered his critics who were major stake-holders in the privatization exercise held previously in the country prior to his administration. Jonathan condemned the level...
View ArticleClik here to view.
Jebba generation capacity rises to 450MW
The capacity of Jebba Power Plant recently taken over by Mainstream Energy Solutions Limited at the weekend moved from 380 megawatts to 450 megawatts. The Hydro Electric Company formerly of the Power...
View ArticleClik here to view.
No missing N500 billion SURE-P funds – Okonjo-Iweala
THE Minister of Finance, yesterday, denied Senate allegation that N500 billion was missing from the SURE-P funds. A statement signed by Paul Nwabuikwu, Special Adviser Media to the Coordinating...
View ArticleClik here to view.
Weak Rand could hit petrol price – AA
The Automobile Association of South Africa (AA) warned consumers on Tuesday that a reversal in the recent exchange rate trend may translate to higher pump prices at the end of November. International...
View ArticleClik here to view.
Nigeria banks to shutdown nationwide
A major crisis looms in the financial sector, as all banks in the country may shut their doors to customers anytime this week, as their chief executive officers (CEOs) move to protest the continued...
View ArticlePortfolio investment inflow declines by 4.4% — CBN report
Portfolio investment inflow into Nigeria declined by 4.4 per cent from $6.82bn in the first quarter to $6.52bn in the second quarter of 2013, a new report by the Central Bank of Nigeria has shown. The...
View ArticleClik here to view.
OPEC pumps 29.9mbpd of crude in October
Crude oil production from the Organisation of the Petroleum Exporting Countries (OPEC) was unchanged at 29.93 million barrels per day (mbpd) in October following production of 29.91 million b/d in...
View ArticleClik here to view.
We have not sold Concorde Hotel – Okorocha’s aide
Governor Rochas Okorocha of Imo state (LEGISREPORTS NG) – Against the backdrop of recent media publication accusing the Imo State Government of selling the state owned five star Hotel, Concorde, the...
View ArticleClik here to view.
Amosun presents N210.21bn budget for 2014
Governor Ibikunle Amosun of Ogun state Governor Ibikunle Amosun of Ogun on Tuesday presented a budget proposal of N210.21 billion for 2014 to the State House of Assembly. Christened “Budget of...
View ArticleClik here to view.
Jonathan heads to London for investors’ meeting
President Goodluck Jonathan is expected to leave Abuja in the early hours of Wednesday for a three-day meeting of Nigeria’s Honorary International Investors’ Council in London. A statement issued on...
View ArticleClik here to view.
Bread shortage crisis hits Sudan
Bread costs a third more since the Sudanese pound was devalued [Getty] Devaluation of Sudanese pound and lack of foreign currency hit economy and lead to bread queues in capital Khartoum. Sudan is...
View ArticleClik here to view.
Nigerians should expect new naira notes before June 2014 — CBN
The Central Bank of Nigeria, CBN, has said that Nigerians should expect a new generation of naira notes before the second quarter of 2014. Deputy Governor, Operations, Mr Tunde Lemo, said the apex...
View ArticleClik here to view.
SEC restates commitment to protect investors
The Securities and Exchange Commission (SEC) has restated its determination and commitment to protect investors patronising the Nigerian over-the-counter (OTC) securities market. The OTC market,...
View Article