36 ships laden with grains, fish, petrol to arrive Nigeria this month – NPA
Thirty-six ships laden with petroleum products, food items and other goods are expected to arrive in Apapa and Tin-Can Island Ports in Lagos from May 4 to May 29, according…
Emefiele briefs Buhari, sees stability in forex market soon
Central Bank of Nigeria, CBN, Governor, Mr. Godwin Emefiele, on Thursday briefed President Muhammadu Buhari over the instability in the country’s foreign exchange market . Aso Rock sources said the…
We will transform Niger Delta communities to commercial hubs using modular refineries – Boroh
Retired Brig.-Gen. Paul Boroh, the Coordinator, Presidential Amnesty Programme (PAP), says the Niger Delta region will soon become a hub of oil business, if the modular refineries are operational. Boroh…
Facebook garners 1.3 billion users per day
Facebook Founder, Mark Zuckerberg, says the social media platform has 1.3 billion daily active users as at the first quarter of 2017. Zuckerberg said on his Facebook page on Wednesday,…
Alert! 7 cyber-security myths that could cost your business dearly
Cyber-security is a major threat to every business today. This reality is amplified by our increasingly inter-connected world which makes dependence on digital services an absolute necessity. Despite the increasing…
NNPC shops for $16bn to execute projects, expand operation
The Nigerian National Petroleum Corporation (NNPC), has disclosed that it would be shopping for about 16.5 billion dollars to execute several oil and gas projects. The Group Managing Director of…
Ecobank to sack staff, expand online services
Ecobank plans to close branches and cut jobs as the Pan-African lender steps up investments in digital platforms, its chief executive said on Wednesday. Speaking to Reuters on the sidelines…
Nigeria’s foreign debt tops $11bn; Lagos leads among debtor states
The National Bureau of Statistics (NBS) said Nigeria’s foreign debt stood at 11.41 billion dollars while its domestic debt was N14.02 trillion in 2016. The NBS stated in “Nigerian Domestic…
Nigeria, South Africa, three others top Africa foreign investments hubs – Report
The EY.com, a global leader in assurance, tax, transaction and advisory services, says Egypt, Kenya, Morocco, Nigeria and South Africa are the key hub economies in Africa. Its latest Africa…
Nigeria, five other African countries get $1.1bn climate change fund
The African Development Bank (AfDB) has approved the sum of $1.1 billion for five African countries, including Nigeria, to fight climate change. The other countries are South Sudan, Kenya, Ethiopia…