Category: Business

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Edo IGR Has Increased by Over 500% – Obaseki

Edo State Governor, Mr Godwin Obaseki has revealed that his administration’s zero tolerance to waste in the civil service has boosted the Internally Generated Revenue...

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Nigerian firms lead Africa in returns

Profile provides platform for job creation, others Nigeria has emerged the country with highest concentration of high growth companies in Africa. This was contained in...

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CAC now registers companies in 48 hours

The days required for registration of new businesses in Nigeria by the Corporate Affairs Commission, CAC, has been reduced from 10 to 2, courtesy of...

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Naira stabilises at parallel market

The naira on Monday stabilised against the dollar at the parallel market. The Nigerian currency traded between N380 (buying rate) to N385 (selling rate) on...

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Federal Government urged to set up committee on local refineries 

As the federal government continues to fine tune arrangements for the establishment of modular refineries in oil producing communities, a group under the auspices of...

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CBM Orders Banks to Sell Dollars at N360/$1

The Central Bank of Nigeria (CBN) says banks will no longer trade the naira at N375 per dollar for invisibles, such as school fees, medical...

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CBN to inject more dollars into forex market

The Central Bank of Nigeria (CBN) will on Saturday pump more dollars into the foreign exchange market in continuation of its strategy to further strengthen...

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First Bank, Launches Loan Scheme for Women

​The Oyo State Government and First Bank Nigeria Limited on Tuesday launched a gender-focused flexible loan scheme specially designed to empower women entrepreneurs in the...

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It’s Official: Nokia 3310 mobile phone resurrected at MWC 2017

By BBC’s Leo Kelion Nokia’s 3310 phone has been relaunched nearly 17 years after its debut. Many consider the original handset iconic because of its...

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Outrage as Indian-packaged garri sells in Nigeria

​Nigerians on Monday expressed outrage after it emerged that Indian-packaged garri was being sold in the country. The garri is packed in a 500g bag,...