Business

The premium is to protect the investors' interests in case the banks fold up. The Nigerian Deposit Insurance Corporation, NDIC,...

President Goodluck Jonathan, at the World Economic Forum in South Africa, says Nigeria is expecting private $10 billion power sector...

One of Africa's richest men, Aliko Dangote, intends to build a petroleum refinery in Nigeria. The Chairman, Dangote Group, Aliko...

Tecno launched its new products in Lagos. Tecno, a fast growing mobile phone brand in Nigeria, has decried the 'China...

The bank was unable to tender documents to justify its spending. The Central Bank of Nigeria channeled billions of naira...

NEITI says it was encouraged that the dismissal of the suit. The Nigeria Extractive Industries Transparency Initiative, NEITI, on Tuesday...

Brand Tecno says the appellation 'china phone' affects sales of its product. Tecno, a fast growing smartphone brand in Nigeria...

The investment will help boost the coverage of priority health technologies and intervention service for over one million poor Nigerians....

Canadian export agency might finance Nigeria’s ailing aviation sector. The Nigerian Export Import Bank, NEXIM, and the Export Development Canada,...

World Bank says Nigeria is transiting from the extremely poor income category to the low-middle income country. The World Bank...

This follows last month's garment factory collapse in Bangladesh, killing more than 600 people. The International Labour Organisation, ILO, is...

The policy was activated in Abuja and Lagos earlier in the year. Cheque truncation, one of Central Bank of Nigeria’s...

The restoration came after officials met and agreed to seek further dialogue. Normal gas export operations at the Nigeria Liquefied...

The body operates in 45 resource-rich nations. A member of the Nigeria Extractive Industries Transparency Initiative (NEITI) National Stakeholders Working...

The companies say that previous reports of the setting of a pipeline protection agency is false. The Managements of Nigerian...

The survey revealed that hope for new employments this year is rather fragile and downsizing may be inevitable. Nigeria’s private...

The highest seizure of 8000 bags of rice was recorded in Lagos. The Nigeria Customs Service, NCS, said on Friday...

Nigeria will launch the derivatives market in 2014 to increase the number of tradable products. Aliko Dangote, the President of...

The Nigerian Maritime Administration and Safety Agency (NIMASA) triggered a major trade dispute Friday in Bonny Island, blocking access to...

The Graduate Internship Scheme was created to check the growing rate of graduate unemployment. With graduate unemployment rate put at...

The firm plans to improve production in its three plants in Nigeria. Dangote Cement, Nigeria's leading cement producer with three...

NICON Insurance has failed to meet its financial commitments to Federal Government since 2007/2008. A Federal High Court sitting in...

FG has asked the Appeal Court to set aside the judgment and dismiss the matter in its entirety. The Federal Government...

The sales indicate a high number of foreigners visiting the country. The National Association of Nigeria Travel Agencies, NANTA, said...

Nigeria is the world’s largest importer of U.S. wheat. The U.S. Foreign Direct Investment flow into Nigeria has increased from...