Business
Why foreign clearing agents flood Nigerian ports – Customs
The command now conducts joint cargo examination with other relevant government agencies.
Aviation union backs NCAA’s suspension of FirstNation Airways’ licence
The airline is accuses of illegal operations.
SPECIAL REPORT: How visa processing firm, VFS Global, ‘extorts’, ‘mistreats’ Nigerians
Complaints, allegations of exorbitant service charges trailing visa processing company.
Six core sectors emerge as Nigeria’s ERGP focus labs close
Focus Labs are designed as workshop-style investment fora between private sector and government officials.
Budget 2017: Nigeria’s capital spending exceeds N1.5 trillion – Adeosun
Ministry of Power, Works and Housing received the highest capital expenditure.
NNPC boosts gas supply to power sector by 88.89%
In the month under review, 1,463.66million litres of PMS and 33.79million litres of DPK were supplied into the country.
Kyari appointed Nigeria’s OPEC representative
The appointment was made by Nigeria’s Head of Delegation to the OPEC Conference, Ibe Kachikwu.
Central Bank MPC members express worry over Nigerian banks’ stability
Some of the members also complained about rising non-performing loans.
NSE: Market indices rebound by 0.26% after four days decline
Seplat led the gainers’ table, growing by N25 to close at N760 per share
Tax: We’ve built social partnership with Nigerians – Adeosun
Nigeria’s tax base has risen to 19 million, she says.
Union Bank records N5.3 billion profit
The figure shows an improvement on the previous year despite non-declaration of dividend
Union Bank of Nigeria (UBN) Plc on Thursday released its first quarter result ended March 31, 2018 and the long-awaited 2017 audited result ended December 31, 2017.
Nigeria records $24.1 billion foreign investment in 2 years
The $6.3 billion capital inflow in the first quarter of 2018 is more than all inflows that came in 2016 and in third quarter in 2017.
MTN to raise N400 billion in Nigeria bond
The wireless carrier expects to list its Nigerian unit on the Nigerian bourse by the end of 2018.
Forbe names Dangote 66th world’s most powerful person
The Nigerian businessman was ranked among 75 most powerful persons in the world.
Nigeria to propose five tax amendment bills – Osinbajo
“Our tax system requires review, to among others, ensure removal of obsolete and contradictory clauses.”
NNPC among most transparent companies in Nigeria – Baru
“We are now probably one of the most transparent companies in this country.”
Reps urges Nigerian govt to halt sale of NLNG shares
The House says halting the sale is in the interest of the nation.
Senate committee to deliberate on Buhari’s request for promissory note programme
The president had in March written to the Senate seeking the establishment of a promissory note programme
U.S. withdrawal from Iran deal likely to hit MTN, company says
The South African operator says about 200 million euros of its money remains in Iran.
CBN boosts foreign exchange market with $210 million
The bank gave $100 million to authorised dealers in the wholesale segment of the market
NSE: All-Share Index drops further by 0.04%
The market capitalisation closed lower, dropping by N7 billion or 0.05 per cent to close at N14.907 trillion
![University of Lagos (UNILAG). [Photo credit: Students Nigeria]](https://i1.wp.com/media.premiumtimesng.com/wp-content/files/2017/08/unilag-university-of-lagos-e1503414933755.jpg?fit=220%2C124&ssl=1)
Unilag plans to establish modular refinery
The refinery will serve as laboratory for students of the Faculty of Engineering