Business

The BPE boss visited the water resources minister. The Bureau of Public Enterprises (BPE) and the Water Resources Ministry are...

When President Barack Obama announced his administration's US$7 billion 'Power Africa'initiative in Tanzania this month, Nigerian businessman and philanthropist Tony Elumelu was...

The government plans to invest in small businesses. As part efforts to revitalise the Micro, Small and Medium Enterprises, MSMEs,...

The Bureau has already sanctioned 13 contractors. The Bureau of Public Procurement (BPP) on Monday threatened stiff sanctions against contractors...

The minister said another N48 billion was recently paid to importers. The federal government has paid N48 billion as subsidy...

The sum of N7.617 billion was refunded by the Nigerian National Petroleum Corporation (NNPC) as a result of its indebtedness...

The bank stated this in a circular posted on its website. The Central Bank of Nigeria has said that it...

Both parties have reached a temporary resolution of the crisis. A Federal High Court sitting in Lagos on Friday cleared...

The Federal High Court, sitting in Lagos, on Friday cleared the Nigerian Maritime Administration and Safety Agency (NIMASA) of contempt...

Stronger global growth will require additional policy action The International Monetary Fund, IMF, has said that global growth is projected...

BPE said it would invite experts to help value NITEL. The Bureau of Public Enterprises on Wednesday said that the...

President Goodluck Jonathan signed five different agreements with the Chinese president on Wednesday. Nigeria's President, Goodluck Jonathan and his Chinese...

NIMASA claims NLNG owes it a cumulative amount of about $158 million. The Senate on Tuesday waded into the two-month...

The Lagos Chamber stated this in its third quarter report. The steady and significant improvement of the business confidence level...

The businessman asked government to address smuggling. The President of Dangote Group, Aliko Dangote, on Tuesday urged the Federal Government...

Mr. Sanusi said ATM fraud has reduced by 90 per cent. The Central Bank Governor, Lamido Sanusi, has said that...

The Joint Task Force (JTF) in the Niger Delta on Sunday said it had impounded 17 metal badges, 10 vessels...

The event will hold from July 11 to 13. More than 100 companies from Nigeria and 15 other countries are ready to...

Shell said a pipeline fire was caused by vandals. The Shell Petroleum Development Company of Nigeria Ltd. (SPDC) -operated Joint...

It is truce at last between the Nigerian LNG Limited, (NLNG) and the Nigerian Maritime Administration and Safety Agency, NIMASA,...

Two employees of the Access Bank Plc, Olusegun Afolabi, 25, and Rebecca Enahoro, 24,  on Wednesday appeared before an Igbosere...

A stakeholders meeting was convened to resolve pending issues. The National Union of the Petroleum and Natural Gas Workers, NUPENG,...

Herbert Wigwe will take over from Aigboje Aig-Imoukhuede at Access Bank. Access Bank on Wednesday revealed its 5-year strategic plan...

With United States government threatening to massively cut down on its oil imports in the wake of its discovery of...

Nigeria recently concluded a road-show in Europe. The Minister of Finance, Ngozi Okonjo-Iweala, said on Wednesday that Nigeria returned to...