New NPDC-CPDC deal to fetch Nigeria $6.35b in taxes and royalties

Chairman CPDC Capt Dr Idahosa Wells Okunbo and Managing Director of NPDC Alhaji Mansur Sadiq Sambo at the signing ceremony at the Grand Hyatt...

How Naira fared against Dollar on Monday

The Naira on Monday traded at N358.6 to the dollar at the parallel market in Lagos. The pound sterling and the euro closed at N445...

CAFEi urges CBN to extend deadline for mutilated notes return

Mutilated 200 Naira notes Consumer Awareness and Financial Enlightenment Initiative (CAFEi), has urged the Central Bank of Nigeria (CBN) to extend deadline for the exchange...

5 Ways To Avoid Being Affected By CBN’s Cashless Policy

Following the recent directive of the Central Bank of Nigeria to implement the cashless policy, Nigerians were typically frustrated and expressed the same across...

NNPC’s oil search in northern Nigeria is not going according to plans

NNPC’s oil search in northern Nigeria is not going according to plans Five months after the contractor handling the drilling of the Kolmani River-II Well...

Sallah: Prices of rams stable in FCT

Prices of rams in the FCT have remained stable with one day to the Eid-el-Kabir celebrations. A news correspondent, who visited the Dei-dei Livestock Market...

5 Cost-effective ways of promoting new business

Currency By; Fatima Binta Muktar The idea of launching a new product is very overwhelming. You can easily start on a running pace, provided you utilize...

Printers say low patronage by government killing business

Alhaji Lai Mohammed: Minister of Information and Culture: Printers call for government patronage Stakeholders in the printing industry on Wednesday in Abuja said poor patronage...

Ignore P&ID grandstand, our asset will not be affected – FG

Minister of Information and Culture, Alhaji Lai Mohammed: says Nigerians should ignore P&ID grandstand. The Federal Government on Tuesday urged Nigerians to ignore the ostentatious...

Small Big Things You Should Create Time For As Soon As You Become The...

You might think things will slow down and you will have more time to chill once you become the boss at your workplace or...

China pumps $16b in Nigeria’s oil industry

Lu Yan Ji and Mele Kyari: $16billion talk The Executive Vice President of China National Offshore Oil Corporation (CNOOC), Mr. Lu Yan Ji, said the...

NNPC Picks 34 Companies for Oil Swap Contracts

The Nigerian National Petroleum Corporation (NNPC) yesterday released names of shortlisted local and international trading and downstream oil companies for the highly sought-after contracts...

Focus on lifting people out of poverty – World Bank tells FG

  David Malpass, World Bank's President World Bank has told Nigeria to do everything in its power to lift several people out of extreme poverty in...

EDO STATE JOB OPPORTUNITY

  *Edojobs* in partnership with *DSTV* is offering to train interested persons to acquire television dish installation for a duration of 1 month. The scheme...

NCC chief to speak at ITU Telecom World 2019

Global players in the Information and Communications Technology (ICT) industry will converge in Budapest, Hungary on September 9 when the International Communication Union (ITU)...

Nigeria signs African free trade area agreement

President Buhari   Nigeria has signed the African Continental Free Trade Area (AfCFTA) agreement to increase trade between African countries.This leaves Eritrea as the only African...

European shares rise as banks lead gains

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, Sept. 18, 2019. Photo credit: NAN European shares edged...

Samsung profit slumps

Samsung Electronics Co. office in Seoul: the company’s profit dips Samsung Electronics, the world’s biggest smartphone and memory chip maker on Wednesday reported second-quarter net...

With Rising Income Inequality, 100 Bank Customers Get 47% of Loan

•Moghalu: 70% of bank credit goes to people living in Lagos Obinna Chima and Solomon Elusoji Nigerian banks have high credit concentration risk, with 47 per...

SEE HOW BET9JA PLANS TO EMPOWER NIGERIAN YOUTHS.

The betting brand which is the major sponsor of the reality show Big Brother Naija season 4 is the latest brand to throw its...

Sanwo-Olu drops an important message for manufacturers

L-R: Chairman, National Executive Council, Nigerian Conservation Foundation, Chief Ede Dafinone; representative of Lagos State Governor and Commissioner for Information and Strategy, Mr. Gbenga...

Human rights lawyer implores FG to sanction SA businesses

Image via Investopedia The Federal Government of Nigeria has been urged to impose economic sanctions against South African business interests in Nigeria as a way...

Jim Ovia Withdraws From The World Economic Forum

Following the hypersensitivity of the issues surrounding the lives and well-being of Nigerian citizens living in South Africa and to contribute his voice against...

Edo modular refinery operational soon

The Edo Refinery and Petrochemicals Limited, a project partly sponsored by the Governor Godwin Obaseki-led administration in Edo State and being developed by AIPCC...

Nigerians to Pay More for Electricity Consumption

Electricity tariff increase Okechukwu Nnodim, Abuja The Federal Government through the Nigerian Electricity Regulatory Commission has increased the tariff payable by power consumers across the country. Findings...

How to Go from Being Homeless to Becoming a Billionaire

BigStock When people hear my homeless-to-billionaire story, a lot of them are taken aback and wonder, “How did he do it?” To answer the question...

Businessman arraigned for importing 611 cartons of frozen chicken

Court The police on Thursday arraigned a businessman, Afeez Babatunde, in a Badagry Magistrates’ Court in Lagos for unlawfully importing 611 cartons of frozen poultry...

Understanding The Cash-less Policy

Earlier on I saw a thread on the cash-less policy, though it had so many wrong information. Please lets get some things clear while reacting. A:- The...

Flint CEO of HSBC departs

HSBC: CEO Flint steps down HSBC on Monday said its Group Chief Executive John Flint had stepped down as the bank braces for geopolitical uncertainties. The...

Nigeria’s $85b debt could threaten its economy

Ms Patience Oniha, DG Debt Management Office(DMO) By Ike Brannon As Nigerian President Muhammadu Buhari announces his new Cabinet, his post-election pronouncements have made it clear...

UBA now available on Apple Business Chat

“As a brand focused on providing excellent customer experience, we are always looking for new ways to serve our customers easily and on time;...

Bank Backs AfCFTA With $1b

            The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for...

Ghanaian traders close shops owned by Nigerians at Accra

Shops owned by Nigerians were locked up by Ghanaian traders at the popular electronic market in the central business district of Accra yesterday. The angry...

Nigeria’s public debt hits $81.27 billion

Ms Patience Oniha, DG Debt Management Office(DMO) Nigeria’s total public debt that aggregates both external and domestic debt has ballooned to N24.947 trillion ($ 81.274...

WHY I THINK EBONYI STATE DOESN’T NEED AN INTERNATIONAL AIRPORT NOW

I will start by saying that Ebonyi-Abakaliki is now a beautiful land with many good promises. All thanks to Engr. Dave Umahi (The Executive...

Habits That Will Boost Your Financial IQ

If your goal is a prosperous year, there is more than one way to get there.In addition,changing your mindset is also important if you...

Why Anambra govt can’t ban us – Tricycle owners

Tricycle Owners Association of Nigeria (TOAN) operating in Anambra State, has reacted to reported ban placed on it in the state. The Anambra Stste Commissioner...

Stock market suffers N291bn loss in four days

Nigerian Stock Market Investors have suffered losses totalling N291bn in the four days since the second half of the year began. The market, which opened the...

Contracts inflation: BPP saves N26.86bn for Federal Govt

President Muhammadu Buhari. The Bureau of Public Procurement (BPP) says it saved more than N26.86 billion for the Federal Government in 2018 alone, by revising...

I spent 5 years analyzing how quick people get rich — and found there...

Nigel French - PA Images / Contributor / Getty Images I spent five years interviewing millionaires, trying to figure out how they amassed their...

Keystone Bank empowers youths, business start-ups

L-R: Edinyanga Enang, Head, Internal Communications, Keystone Bank Limited; Mrs Omobolanle Osotule, Divisional Head, Marketing & Corporate communications, Keystone Bank Limited; Joshua Akinbanjo, AMD/Ag....

Businesses You Can Start With N50,000 In 2019

People are becoming millionaires daily from a simple business idea. Many millionaires in Nigeria all started with a small capital and today they are the...

50 Best Self Employment ideas (One-Man Business) for 2019

Do you have a skill/talent that can make you self employed? Do you want to start a one-man business? If Yes, here are 50...

4 Reasons Why Entrepreneurs Should Take Labor Day Off

For most people, Labor Day is a time to kick back, relax and enjoy the company of friends and family. But for many entrepreneurs,...

How government’s economic diversification policy is yielding in ICT – NITDA

Dr Isa Pantami, Director General, National Information Technology Development Agency (NITDA) According to the National Information Technology Development Agency (NITDA), the Federal Government’s economic diversification...

Bank customers begin payment of charges for deposits, withdrawal of cash-FULL DETAIL

The Central Bank of Nigeria, CBN, has said customers making cash deposits or withdrawals will pay charges beginning from today in line with its...

Why small businesses fail

Okechukwu Nnodim, Abuja An average small business owner does not factor in failure when starting up his or her venture. But findings have revealed that...

Customers to pay more for POS transactions

BANK customers are to pay more for Point of Sale (PoS) transactions. This follows a Central Bank of Nigeria’s directive to banks to charge...

FG seizes 8,360 bags of foreign rice, other items in three weeks

The Federal Government has seized at least 8,360 bags of rice (50kg) and 77 vehicles allegedly smuggled in through the land borders within the...

3 Reasons Why The Naira is Depreciating

The exchange rate between the naira and dollar depreciated to N364/$1 on Friday from N363.50/$1 as the price of oil continue to tank globally....