Latest Nigeria Business News
Contactors operating with the Ekiti State government have denied the allegation that they were behind the secret petition leading to the freezing of the operational accounts of the State Universal Basic Education Board(SUBEB). The group under the aegis of Ekiti SUBEB Contractors Association said though the board was hugely indebted to its members, but insisted […]
Former Deputy National Publicity Secretary of the All Progressives Congress (APC) Comrade Timi Frank has lashed out at organised labour in the country, describing them as traders who should not be taken seriously over the implementation of the new national minimum wage. In a statement made available to The Nation on Friday, Frank asked Nigerians […]
CHEVRON Corporation has set new goals to reduce net greenhouse gas (GHG) emission intensity from upstream oil and natural gas. Chevron in a statement explained that emission intensity is the emission rate of greenhouse gas per unit of energy produced. The company intends to lower upstream oil net GHG emission intensity by 5-10 per cent […]
Globacom has launched a new promo which will see many of its customers across the country receiving the tools that will help them start Small and Medium Scale (SME) businesses ranging from milling to transportation, sewing and other cottage businesses. The promo titled: Recharge and Win Big and tagged: My Own Don Beta is offering […]
NIGERIAN equities continued on the downward trend yesterday as increased selloffs across the sectors pushed the overall market to a net loss of N112 billion. With the decline yesterday, quoted equities have lost N265 billion in the past two trading sessions. Key indices at the Nigerian stock Exchange (NSE) showed a considerable slowdown with declines […]
ACCESS Bank Plc has unveiled a cash incentive campaign tagged “DiamondXtra Independence Splash” to reward over 30 DiamondXtra customers daily with cash prizes. The campaign, which started on October 2, 2019 will run to October 31, 2019 and will reward over 600 customers during the campaign period. The reward campaign is in commemoration of Nigeria’s […]
The Nigerian Export Promotion Council has said that now that crude oil prices are dropping in the global market, non-oil exports seem to hold promises for the nation’s future. The Executive Director, NEPC, Segun Awolowo, said this in Lagos at a export readiness capacity building workshop. He was represented by the Regional Coordinator, NEPC, South-West, […]
Fidelity Bank Plc on Thursday said that N120m would be given out to its customers during its next ‘Get Alert In Millions Season 4’ savings promo. Then bank said this during the introduction of its new savings campaign in Lagos, as part of efforts to promote the culture of savings among Nigerians. The savings campaign […]
The President, African Development Bank, Akinwumi Adesina, has said African countries that give women priority in loan disbursement will benefit more from its financing. Adesina said a new tool to track the level of lending to women across the continent was being developed and would be important for ensuring women got the critical financial help […]
President Muhammadu Buhari will on Tuesday next week present the 2020 budget at a joint session of the National Assembly by 2pm. The President of the Senate, Ahmad Lawan, stated this at plenary on Thursday. Also at plenary, the Senate approved all the 16 recommendations contained in the report of the National Assembly joint Committee […]