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The Petroleum Products Pricing Regulatory Agency, PPPRA, has removed the cap on the price of Premium Motor Spirit (PMS), also known as petrol, giving marketers the freedom to fix the Read more…


The Central Bank of Nigeria (CBN) has reacted to the video and pictures regarding the availability of new N5,000 and N2,000 in circulation. calling it false and fake and advising Read more…


The Petroleum Products Pricing Regulatory Agency has announced a new pump price band of N121.50 to N123.50 per litre for Premium Motor Spirit, also known as petrol. The PPPRA, which Read more…


His name is Abdulwasiu Sowani, a silent billionaire and sharp Manager of Human resources. He is the new holder of Forte Oil plc, a downstream oil and gas company formerly Read more…


Small scale businesses have served as a lucrative avenue for serious minded individuals to venture into and take their own share of the spoils. When people are looking for jobs Read more…


Life happens but it does happen, you do not need to throw yourself out, or get yourself into dirty things just to keep up. By the way, the high rate Read more…


The full details on how much Access Bank Plc Nigeria pays their workers (Graduate Trainee, Executive Trainee and Entry Level Staff) is what this post is all about. Access bank Read more…


Small scale businesses have served as a lucrative avenue for serious minded individuals to venture into and take their own share of the spoils. When people are looking for jobs Read more…


The Group Managing Director of Access Bank Plc has hinted that the financial institution would be engaging in mass retrenchment as seventy-five per cent of the bank staff strength is Read more…


The U.S. dollar hit a record high against the Nigerian naira in non-deliverable forwards markets on Tuesday, after a historic oil price rout pushed U.S. crude futures below zero a Read more…


…Day of reckoning arrives, exposing Nigeria’s poor economic choices …Bonny light trades at $12 Nigerian oil For weeks now Nigeria has been engaged in an usual battle to find enough Read more…


Mixing your personal funds with your business funds is a bad idea. Not only is this unprofessional (bordering on business ethics), but it also inhibit your business growth and affects Read more…


Due to the normal heart breaking news of the deadly disease, a man twitted that he spent 2hours with dangote and went broke afterwards. He quoted “I Spent 2 Hours Read more…


Dangote Group has entered into a long-term agreement with an Enugu-based automaker, Transit Support Services Limited, for the supply of Shacman trucks being assembled at the Anambra Motor Manufacturing Company Read more…


These are the Nollywood Actress whose son are also in the show_business, but not in the movie industry. This ones are also entertainer and they choose the music industry instead. Read more…


In a clear show of its resilience and market leadership, Zenith Bank has announced an impressive result for the year ended December 31, 2019, with profit after tax (PAT) of Read more…


Alhaji Aliko Dangote, The president of Dangote Group of Companies, says the high rate of unemployment is fueling insecurity in the country. Dangote spoke in Abuja yesterday after a meeting Read more…


Some Nigerian banks are struggling to stay afloat and many of them are finding ‘smarter’ ways of making money off their customers. One of the tactics is fraudulent deductions from Read more…


No fewer than 376,631 online applications for Independent Corrupt Practices Commission and other related Offences (ICPC) in its 2020 recruitment as of the time of close of entry on January Read more…


DSC 3504: The Ovie of Uvwie Kingdom, HRH Emmanuel Ekemejewa Sideso (JP), (OON) Abe , unveiling the plaque while Sam Daibo, Area Manager, PGPA Field Operations, CNL and others look Read more…


African Economic Outlook 2020 Speech delivered by Dr. Akinwumi A. Adesina, President, African Development Bank at the launch of the African Economic Outlook, 2020. January 30, 2020, African Development Bank Read more…


If you are yet to get your Tax Identification Number, TIN then, this information is for you. According to the Federal Government of Nigeria new Finance Law, every Nigeria who Read more…


The Minister of Communications and Digital Economy, Dr Isa Pantami, has expressed delight as the Mobile Telephone Network (MTN) budgeted 1.6 billion dollars to invest in the Nigerian market within Read more…


The Report reaching us has revealed the plans by the President Muhammadu Buhari to move Commercial activities from Lagos to the Niger-Delta region by redirecting all Sea Vessels to Delta, Read more…


A Nigerian man has cried out on his suspicion over a house he just moved into after watching his business going down. Taking to popular forum Nairaland, he wrote that Read more…


The Popular Amu timber market located in Mushin in the early hours of Saturday was razed by fire, destroying properties worth millions of Naira. The Cause of the fire is Read more…


Nigeria is a big country filled with alot of people. Which means Nigeria is a business place.here i am going to tell you 5 best business to set up in Read more…


Global stock markets powered ahead Thursday as investors welcomed 2020 with a raft of strong gains after China’s central bank announced fresh stimulus, dealers said. Asia kicked off the New Read more…


Igbos are known for business not only in Nigeria but the whole world. Igbos don’t play tribalism like other tribes in Nigeria, Igbo man goes anywhere to live and do Read more…


Adesina is a renowned development economist and the first Nigerian to serve as President of the Bank Group The Economic Community of West African States (ECOWAS) endorses Adesina for second Read more…


The husband, Mr Sunday Nkem by name has destroyed goods that worth millions in a supermarket owned by his wife. According to report, Mr Sunday established the Business on the Read more…


The lagging issue of ₦50 charged by merchants who use Point of Sale (POS) machines for cashless transactions have been clarified by the Central Bank of Nigeria (CBN) stating that Read more…


Minister of Science and Technology, Ogbonnaya Onu, says Nigeria has the capacity to produce industrial machine spare parts including those of aircraft through Projects Development Institute, Enugu. Onu said this Read more…


The immediate past Attorney-General of the Federation, Mr. Mohammed Bello Adoke (SAN), is down with an illness in the custody of the Economic and Financial Crimes Commission (EFCC). Adoke is Read more…


The Central Bank of Nigeria (CBN) has reviewed downward electronic transfer and ATM fees as well as card maintenance fees. The new charges were contained in the latest Guide to Read more…


Senate on Tuesday directed its Committees on Foreign Affairs and Trade and Investments to, as a matter of urgency, interface with the Ministry of Foreign Affairs to investigate the status Read more…


Starting a business is not an easy task and being in a position to run it successfully can become a challenge if you do not have a plan or goals. Read more…


The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Mr. Waziri Adio, has confidence that the emergence of RemTrack, a mobile application for tracking transparency and accountability issues Read more…


The Nigerian government has set a 2023 deadline to end importation of petrol into the country, a plan which could go on to become the single most remarkable accomplishment of Read more…


Dr Godwin Emefiele the Governor of Central Bank of Nigeria (CBN), has attributed the country’s economic growth to series of policy measures put in place by the apex bank. Emefiele Read more…


Malam Mele Kyari, Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC) The Nigerian National Petroleum Corporation (NNPC), says it is taking measures to address the menace of pipeline vandalism Read more…


The Federal High Court in the Lagos Division on Monday granted the Asset Management Corporation of Nigeria (AMCON) application to take Cedar Oil & Gas Exploration & Production Limited over Read more…


Justice Jose of Lagos State High Court siting at Igbosere today jailed two management staff of Keystone Bank Ltd to 5 years imprisonment for conspiracy to obtain money by false Read more…


The Ebonyi Police Command on Thursday said it had uncovered a new strategy used by criminals to rob bank customers. The command’s spokesperson, Mrs Loveth Odah, made this known in Read more…


When we spend money, two things inevitably occupy our minds about money. We either feel good that we make a good decision about the expense or we dive into a Read more…


It’s bad news for Nigeria and other OPEC countries and Russia as they meet in Vienna on 5 December to discuss output levels for next year. The market forecast for Read more…


Despite the travails of the CEO of Air Peace, Chief Allen Ifechukwu Athan Onyema, the airline has reason to celebrate as Air Peace has wet-leased one Boeing 737-800NG from Portuguese Read more…


Ghana Traders destroys Nigerians Properties, Locks their shops, insisting they must Leave their country over border closure. A voice was heard saying that xenophobia have started in Ghana, but we Read more…


It has been revealed that bank users must provide their evidence of tax payment as a condition for operating a bank account as from January, according to the financial bill Read more…


Nigerians are in for a shock as the Finance Bill currently passed by National Assembly has amended sections 33, 49 & 58 of the Personal Income Tax Act. Thus, individuals Read more…


The Nigeria Labour Congress [NLC] has written a letter to the Managing Director/CEO of First Bank of Nigeria PLC over plans to unjustly lay off staff of the bank. More Read more…


Justice Mohammed Owolabi of the Oyo State High Court on Friday, November 29th sentenced a former staff of the Ayete Microfinance Bank Limited, situated in Ayete, Oyo State, Sunday Fadayomi Read more…


The Central Bank of Nigeria is giving collateral free loans of up to N10,000,000 (Ten million Naira) to small businesses in a scheme called; Agric-Business/Small and Medium Enterprises Investment Scheme Read more…


The Bank of Ghana has introduced GH¢100 and GH¢200 notes as additions to the country’s currency denomination mix. The Central Bank has also introduced a GHC2 coin. This was announced Read more…


The Senate on Thursday urged President Muhammadu Buhari to initiate the process of computerising the nation’s oil sector. This, according to the Senate, is to curb the multifaceted challenges associated Read more…


The Federal Government says it will rehabilitate the Warri, Port Harcourt and Kaduna Refineries to achieve local production of 360,000 MTPA of Liquefied Petroleum Gas (LPG) by 2023. The News Read more…


The Board of Directors of the African Development Bank Group on Thursday approved a long-term Senior Loan of $400 million to support the building of an integrated Liquefied Natural Gas Read more…


There are indications that workers at the Federal level and Lagos State will begin to benefit from the recently signed N30,000 Minimum Wage by President Muhammadu Buhari by December this Read more…


Oil prices rose yesterday on hopes of progress towards a trade agreement between the United States and China, the world’s biggest oil users, and predictions of a draw on U.S. Read more…


Mr Waziri Adio, the Executive Secretary Nigeria Extractive Industries Transparency Initiative (NEITI) says the Federal Government will soon unveil the beneficial ownership register for the oil and gas industry. Adio, Read more…


Previously, getting your money from Nigerian banks immediately after a failed transaction was one of the most difficult things to do in this life. On God! You’d have to literally Read more…


Ekiti State Commissioner of Police , Mr Asuquo Amba , on Friday, November 22, said that the Inspector General of Police , Mohammed Adamu , had ordered a thorough investigation Read more…


The Debt Management Office (DMO) says that Nigerian’s total debt profile is N25.7 trillion. The Director-General of the office, Ms Patience Oniha, announced this while addressing House of Representatives Committee Read more…


The governor of Taraba State, Arc Darious Dickson Ishaku yesterday pledged to leverage the state economic potentials to grow the fortunes of the state. Darius made the pledge when he Read more…


Tony Elumelu C.O.N, Founder, Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa Group (UBA) has proposed job creation for the youth, inclusive growth, and gender diversity as priority Read more…


U.S. Oil prices fell for the second straight day yesterday amid market concerns over limited progress between China and the United States on rolling back trade tariffs, exacerbated by a Read more…


The Federal Government has given Mrs. Josephine Ugwu, the staff of the Federal Airports Authority of Nigeria (FAAN), who in 2015 returned $12,200 belonging to a passenger at the Murtala Read more…


The Vice President of Nigeria, Prof. Yemi Osinabjo, yesterday announced that Nigeria loses about N455billion annually due to poor sanitation as a result of illness, low productivity and loss of Read more…


Some financial experts and stakeholders have appealed to bank unions’ to dialogue with their employers to forestall the proposed operation shut down of banks by Jan. 2. The Association of Read more…


The National Bureau of Statistics [NBS] has reported that the importation of fuel has reduced by 512 million litres within the last 3 months. The period in question, it could Read more…


According to information from the National Bureau of Statistics [NBS], Anambra is the 18th richest state in Nigeria based on Federation Account Allocation Committee [FAAC] allocations for the year 2019 Read more…


Nigeria is currently producing between 1.6 million and -1.7 million barrels per day (bpd) of crude oil, the Chief Operating Officer (COO) of the Nigerian National Petroleum Corporation, Roland Ewubare, Read more…


Fast growing Airliner in Nigeria, Air Peace has been named the company of the year at the 2019 Business Hallmark People of the Year Awards. In a statement, the airline Read more…


Residents of border communities in Ogun, Lagos, Adamawa, Katsina and Sokoto states are groaning following the Federal Government’s suspension of fuel supply to areas within 20 kilometres to the nation’s Read more…


The Nigerian National Petroleum Corporation (NNPC) is asking the Supreme Court to review a $22,630,000 (N8, 146, 800,000) damages verdict against it. The apex court, which has listed the landmark Read more…


Crude Oil price recorded fresh rally yesterday on the heels of a positive outlook seen in the Organization of Petroleum Exporting Countries, OPEC’s, 2019 World Oil Outlook, a medium-to long-term Read more…


The senate committee on finance has summoned Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), over approved exchange rate for projects under the presidential infrastructure development fund. In Read more…


Access Bank Plc, on Tuesday, announced the resignation of Dr Ernest Ndukwe as an Independent Non-Executive Director from its board. This was contained in a statement issued by Mr Sunday Read more…


The Group Managing Director of Nestoil Dr Ernest Azudialu-Obiejesi, has emphasised the need for the Nigeria Police to engage host communities deeply in developing strategies to protect Oil and gas Read more…


Oil trader Vitol said it has quit a consortium that was set to buy a stake in two Nigerian oil fields from Brazil’s Petrobras, its former partner said at the Read more…


Nigeria’s crude oil reserve has been depleting due to the failure of the country to encourage exploration and production which in-turn would have been boosting its reserves. Andrew Obaje, former Read more…


The signing of the world’s largest trade pact will likely be kicked back to 2020, according to a draft statement by Southeast Asian leaders, delaying a deal craved by China Read more…


…as chemical union says closure is threatening their jobs While the Nigeria Customs Service (NCS) is boasting that it has made nothing less than N2.5 trillion as a result of Read more…


Nigeria and Russia Thursday in Sochi, Russia, signed an important Memorandum of Understanding (MoU), which will enable both countries’ oil giants, Nigerian National Petroleum Corporation (NNPC) and Russia’s Lukeoil to Read more…


Customers who use unstructured supplementary service data (USSD) channels to access banking services would have to pay new charges from October 21. Some telecommunications network service providers have sent notices Read more…


This new charge would mean that customers will be charged N12 for every minute spent on the USSD channel. Customers who use unstructured supplementary service data (USSD) channels to access Read more…


Following a new notice to subscribers by telco companies concerning new charges, the CBN has intervened. The Central Bank of Nigerian (CBN) has directed banks to shun telecommunication providers that Read more…


Zainab Ahmed, the Minister for Finance, Budget and National Planning, has said under-recovery of Premium Motor Spirit (PMS), popularly referred to as fuel subsidy will gulp N450 billion in 2020. Read more…


By Bisi Oladele, Ibadan The All Progressives Congress (APC) in Oyo State has berated Governor Oluseyi Makinde and the Speaker of the state assembly Hon. Adebo Ogundoyin over express approval Read more…


Tradings on the Nigerian Stock Exchange (NSE) closed bearish on Thursday 10th October 2019 as key market growth indices continue tanking. The negative trend was as a result of major Read more…


Nigerian billionaire businesswoman, Bola Shagaya has celebrated her birthday by sharing some really cute photos. Bola Shagaya, a Nigerian billionaire businesswoman, is in a really happy mood as she turns Read more…


Conference of Nigeria Political Parties (CNPP) has reacted to the bill to enact a law to impose a communication service tax meant to replace the Federal Government’s proposed 2.5 percentage Read more…


A Nigerian Investment Bank, FSL Securities Limited has offered to assist Imo State Government in raising about N100Billion for infrastructural development in the State. The Group made the disclosure during Read more…


UBA Foundation, the Corporate Social Responsibility (CSR) arm of the United Bank for Africa (UBA) Plc, has commenced the 2019 edition of its annual National Essay Competition in Nigeria with Read more…


The Federal Government lost $21 billion (about N7 trillion) to foreign oil firms in the past twenty years, according to the upper chamber of the National Assembly. This came to Read more…


Nigerian Senate has asked three of its committees to probe seven different international oil companies after their alleged refusal to remit about $21 billion to the federal government. Naija News Read more…


CBN Wants More Loans For Businesses The Central Bank of Nigeria (CBN) has given commercial banks a December 31, 2019 deadline to raise their loan-to-deposit ratio from 60 to 65 Read more…


The Federal Government led by President Muhammadu Buhari says that plans were at the advanced stage to return toll gates on the federal highways. Naija News reports that the Minister Read more…


World Bank has approved the appointment of Shubham Chaudhuri as the country director for Nigeria. Naija News understands that Chaudhuri, an Indian national, joined the World Bank in 2004 and Read more…


Flamboyant Nigerian businessman, Ismaila Mustapha aka Mompha has bought himself the latest Rolls Royce Wraith Eagle viii 2020 and he claims he’s the first African in the whole world and Read more…

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