Category: Business

Investment: LCCI urges FG to further liberalise Nigeria’s visa policy

The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to further liberalise Nigeria’s visa policy to attract more foreign investment to...

Whistle-blowers raise red flag on Electricity Trading Company, wants EFCC probe

The Nigeria Bulk Electricity Trading Company (NBET), has come under the searchlight of Nigeria’s leading coalition of whistle blowers. The corruption trackers want...

Oil drops as China cuts economic growth target, but OPEC-led cuts support

Oil prices fell on Tuesday as China cut its 2019 economic growth target, dimming the outlook for fuel demand, although OPEC-led efforts to cut output still offered some...

‘Nigeria overtakes Egypt as largest rice producer in Africa’

Nigeria has overtaken Egypt as the largest rice producer in Africa, Director-General,Africa Rice Center, Benin Republic, Dr Harold Roy-Macauley has said . Roy-Macauley,...

NSE: Market indices maintain upward growth, up by 0.95%

Transactions opened on the nation’s Stock Exchange for the week on Monday with a growth of 0.95 per cent, following gains by some blue chips. The News Agency of...

Emefiele sacked as CBN Governor

President Muhammadu Buhari has sacked the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. CBN sources told Elombah News that Emefiele has also been asked...

FIRS generates N12.6trn revenue in 3 years

The Federal Inland Revenue Service (FIRS), said it generated N12.62 trillion revenue from tax  in the last three years. FIRS said this in a document on its...

Merger: Diamond Bank launches loan service to reduce financial burden

Diamond Bank Plc has introduced PayDay Loan to ease the financial burden of its customers as part of the benefits from its merger with Access Bank Plc. According to the...

2, 070 small scale business owners get N103.5m grants – DG SMEDAN

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has earmarked N103.5 million as grants for 2,070 small scale business owners in Sokoto State. The...

Pound rises on signs pro-Brexit lawmakers softening demands of May

Sterling gained on Monday on signs some pro-Brexit lawmakers were increasingly willing to compromise with Prime Minister Theresa May to increase the chances the British...