ABUJA – Nigeria is getting a $1.1 billion low interest loan from China to help build infrastructure in return for access to minerals. The oil-rich West...
ABUJA – The naira firmed against the dollar on Wednesday as the Nigerian National Petroleum Corporation (NNPC) sold dollars, traders said. The naira closed at N161.1...
ABUJA – The Central Bank of Nigeria (CBN) has expressed dismay over the N11.7 billion spent yearly by the government for the importation of processed tomato...
JOHANNESBURG – Public Investment Corporation of South Africa (PIC), has bought 255,607,605 shares or 1.5 per cent of Dangote Cement Plc for N45.75 billion. PIC is...
LAGOS – The Naira fell to its weakest level in almost 10 months on the interbank market on Friday, driven down by strong demand for the...
ABUJA – Nigeria’s Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has said that N431 billion (about US$2.86 billion) will be saved annually when the...
LAGOS – The Nigerian Stock Exchange (NSE) has appointed the Chief Executive Officer of Access Bank, Mr. Aigboje Aig-Imoukhuede as the first vice presidents of the...
WASHINGTON D.C – Africa’s best known entrepreneur Aliko Dangote, who heads up the Dangote cement group, has become the continent’s first $20 billion man. Already the...
ABUJA – Nigeria and Australia have experienced a boom in business ties with Australia as the largest importer of crude oil from Nigeria and a trade...
ABUJA: Federal government has released N200 billion for the second quarter capital projects, meaning that there will be more money in circulation now. Dr. Ngozi Okonjo-Iweala,...
