How suspended SEG DG, NIMC manager connived to defraud SEC – ICPC tells court
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Thursday arraigned the suspended Director-General, Securities and Exchange Commission (SEC), Dr Mounir Gwarzo in an FCT High Court in…
Bata shoemakers see glaring opportunities to spur local industry, production in Nigeria
Two men in gray jumpsuits brush glue onto rubber soles, while factory machines whir in the background. Elsewhere, women perched behind industrial sewing machines attach leather swatches to sturdy-looking men’s…
OPEC ministers gather to discuss further reduction of oil production as coronavirus hits demand
OPEC ministers are beginning to arrive to Vienna on Tuesday as the group debates whether to further reduce oil production to tackle deteriorating demand from the global spread of the…
$4bn investment coming from US-based Nigerian professionals
The Nigerian American Business Forum (NABF), a group of U.S-Based accomplished Nigerian professionals, has announced plans to attract an estimated four billion dollars investment into the Nigerian economy in the…
Shell plans turnaround scheduled maintenance on Bonga Vessel
The Shell Nigeria Production and Exploration Company (SNEPCO) says the Bonga Floating Storage Production and Offloading (FSPO) is due for scheduled turn around maintenance. The Shell Petroleum Development Company statement…
Abia govt exploits us with multiple taxes; we pay for security yet our goods are stolen – Aba market women
Eziukwu market women in Aba have rejected multiple taxation imposed on them by Abia government. The traders, who criticized the taxation in separate interviews with News Agency of Nigeria (NAN)…
FG offers 2, 3-year savings bonds at 4.131%, 5.131% for March — DMO
The Federal Government has offered for subscription two-year savings bond at 4.131 per cent and three-year savings bond at 5.131 per cent per annum, the Debt Management Office (DMO) has…
Prof Danbatta, EVC NCC, to Deliver 2020 The Bullion Lecture March 26
Professor Umar Garba Danbatta, Executive Vice Chairman/Chief Executive Officer, Nigerian Communications Commission (NCC), is to deliver the 2020 edition of The Bullion Lecture scheduled for 10am on Thursday, March 26,…
CoronaCoin: cryptocurrency developers seize on coronavirus to create new digital coin
Cryptocurrency developers have created a digital coin that allows traders to bet on the coronavirus epidemic, based on how many people fall ill or die. Called the “CoronaCoin,” its supply…
Coronavirus: Nigerian stocks decline, lowest level in two months
Nigerian stocks fell 1.63% to their lowest level in two months on Friday following the announcement of the coronavirus case. The spread of the new coronavirus from China…