Category: Business

Buhari revokes licences

BMO hails new diversified production-based economy

The Buhari Media Organisation (BMO) has congratulated Nigerians for the consolidation of President Muhammadu Buhari’s policy direction geared towards a diversified...

Innoson

Meet Kano cars, Innoson’s local competitor

It just so happens that Innoson Vehicle is not the only local vehicle assembling company operating in the country. Another company was already in existence before...

Glo

African CEOs show keen interest in Glo’s digital solutions

Several chief executives of multinational companies were at Globacom’s stand at the just concluded Africa CEO Forum to seek the operator’s connectivity solutions...

Petrol

Don’t sell petrol above N133.28k per litre NNPC warns depot owners

The Nigerian National Petroleum Corporation (NNPC) has warned depot owners or terminal operators not to sell Premium Motor Spirit, otherwise called petrol, above the...

Pound

Pound falls after UK parliament rejects Brexit plan

The pound fell Friday after Britain’s parliament again rejected a proposed deal to withdraw from the European Union. Sterling had been mostly stronger against both the...

NNPC

ICYMI: Lawyer writes Baru, condemns NNPC’s recruitment criteria

An Abuja-based lawyer, Mr. Pelumi Olajengbesi, has written a letter to the Group Managing Director of NNPC, Dr. Maikanti Baru, condemning what he described as...

CBN slashes interest rate to 13.5 percent

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has cut down the benchmark lending rate from 14 per cent to 13.5 per cent to further promote...

Buhari

Increase in foreign investment shows confidence in Nigeria’s economy -BMO

The increase in foreign portfolio investments in Nigeria, despite the uncertainties of an election season, is a manifestation of investor’s confidence in the Nigerian...

Oil prices rise amid supply cuts

Oil prices climbed on Tuesday, pushed up by supply cuts led by producer club, OPEC, and U.S. sanctions against Iran and Venezuela, although concerns about a potential...

Lucky Ajayi opens up after LITFC tenure

Stakeholders at Lagos International Trade Fair Complex in safe hands – Lucy Ajayi, DG LITFC

    Executive Director of the Lagos International Trade Fair Complex (LITFC), Mrs. Lucy Ajayi has said that the stakeholders in the complex have nothing to...