Business

The National Bureau of Statistics (NBS), said Taraba recorded the highest average price of Premium Motor Spirit (Petro) in February. The NBS said this in its “Premium Motor Spirit (Petro) Price Watch for February 2019’’ released on its…

Airtel Nigeria has introduced a new number range, 0901, in line with its vision to empower more people. The Chief Commercial Officer (CCO) of Airtel Nigeria, Dinesh Balsingh, said this in a press statement on Thursday in Lagos. He said…

Dana Air on Thursday say it has increased flight frequency on its Lagos-Abuja route. Its Media and Communications Manager, Mr Kingsley Ezenwa, said in a statement in Lagos. Ezenwa said that from March 18, Dana Air would operate additional…

The Imo Governor-elect, Mr Emeka Ihedioha has advised financial institutions to stop new transactions with the state government or do so, at their own peril. Ihedioha, who said at a media interaction in Owerri on Thursday, said new…

The Central Bank of Nigeria (CBN) said on Wednesday that the country’s Balance of Payment improved by a surplus of $2.80 million in the fourth quarter 2018, from $4.54 million recorded in the third quarter of same year. The CBN…

Gov. Godwin Obaseki of Edo says over 200 Small and Medium Scale Enterprises (SMEs) have submitted applications to relocate to the Edo Processing Centre situated along the Sapele road axis of the state capital. The governor stated this…

Guaranty Trust Bank racked in a profit after tax (PAT) of N184.640 billion at the close of trading on December 31, 2018. This is 10 per cent higher than the N167.913 billion PAT the bank earned in 2017. Profit before tax (PBT) was…

Babajide Okeowo President of Dangote Industries Limited, Aliko Dangote, has restated his Group’s commitment to Nigeria’s economic development through continuous innovation, value creation and investments. This is just as he disclosed…

Emeka Okoroanyanwu President Muhammad Buhari a fortnight ago secured a second term in office in an election the opposition Peoples Democratic Party (PDP) has vowed to contest its outcome in the court of law. The president had in his…

Director-General of Nigeria Employers Consultative Assembly (NECA), Mr. Timothy Olawale has commended the Central Bank of Nigeria for banning the sale of foreign exchange to importers of textile materials. Speaking recently to newsmen,…