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Thursday, October 19, 2017
Business

Business

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The Nigerian Navy has arrested 11 suspects held over alleged crimes that borders on crude oil theft, ‎pipe lines vandalism and operating illegal refineries. A statement on Friday by Navy spokesman Commodore Christian Ezekobe‎ said ‎the Navy sustained its dominance...
The Naira on Thursday appreciated at the forex market barely 24 hours after liquidity challenges forced it to depreciate thrice in six hours, the News Agency of Nigeria (NAN) reports. Trading at the Bureau De Change (BDC) window saw the...
Despite the economic recession, consumers of Premium Motor Spirit (PMS) in Borno, Oyo and Ebonyi paid N164.09, N161, and N156.47 per litre respectively in January 2017. This is above the regulated price of N145 per litre, as specified by the...
45 licences which were issued by the Department of Petroleum Resources (DPR) between 2002 and 2014 for the establishment of private refineries in the country, have been withdrawn as the projects failed to take off after an 18-month deadline,...
The model is talking about booking her latest gig, modeling WordPress underwear in the brand latest Perfectly Fit campaign, which was shot by Lachian Bailey. It was such a surreal moment cried she admitted. The main thing that you have...
The naira on Friday depreciated at the parallel market barely 48 hours after it strengthened against the dollar. The News Agency of Nigeria (NAN) reports that the naira lost N2 to exchange at N242 to the dollar, as against its...
Summary of the Press Conference held by the Governor of the Central Bank on the Flexible Exchange Rate Policy  held June 15, 2016 1. The Market will operate as single market through the interbank 2. The FX Rate will be purely...
The Nigerian Communications Commission (NCC) has announced that it has kick-started the process of reviewing mobile voice termination rates for telecommunication industries in the country. NCC Executive Vice Chairman, Professor Umar Garba Danbatta made this disclosure at a stakeholders’ forum...
Microsoft and Facebook announced Thursday that they will lay a 4,000 mile undersea cable from Virginia to Spain. The cable will be called "Marea," which means "tide" in Spanish, and will be able to transmit 160 terabytes of data per...
Much of the $2.1billion arms funds put in care of the Office of the National Security Adviser (ONSA) by the Jonathan Administration was paid into 11 different accounts in the United Kingdom (UK), United States of America (USA) and...
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