Friday, January 18, 2019
Business

Business

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The Nigerian National Petroleum Corporation, NNPC, on Wednesday announced that it has taken steps to eliminate the noticeable fuel queues in some major cities in the Northern axis. The Corporation in a release stated that within the last 48 hours,...
The Financial Reporting Council yesterday asked the management of Stanbic IBTC Holdings to withdraw the advertorial published in response to its regulatory decision on the accounts of the company for 2013 and 2014 financial years. In a statement issued in...
The scarcity of petrol, which was slightly noticed in Akure, the Ondo State capital and some towns  in the state on Monday got worse yesterday as long queue of vehicles were seen at various filling stations. While some of the...
Power generation has dropped from 813 megawatts to 660 at the Egbin Power Plant in Lagos State, an official said yesterday. The plant, the nation’s biggest power generating outfit, has the capacity to contribute about 1,000 megawatts to the national...
The World Bank has said it needed additional time to provide comprehensive information on the spending of recovered funds looted by the late Nigerian Head of State, Sani Abacha. The World Bank told the human rights group seeking information on...
Italian oil giant Eni and India's flagship national oil company, Indian Oil Corporation Limited are among international oil trading companies vying to secure term contract for the sale and purchase of Nigerian crude oil grades. They are among mainly indigenous...
In a bid to promote local content in the IT industry, efforts by stakeholders across the country are in top gear to boost the rate of internet users’ dot ng (.ng)  usage. One of such stakeholders is the President...
The World Bank has ranked Nigeria 169 out of 189 countries in its latest report on the ease of doing business globally. This is contained in a statement made available to newsmen by the Head of Communications, World Bank Nigeria,...
The banking industry and its customers have lost N4bn to electronic frauds, the Central Bank of Nigeria has said. Deputy Governor, CBN, Mr. Suleiman Barau, said this when he led members of the Nigerian Electronic Fraud Forum on a courtesy...
In a bid to set its distributors on the path of sustainable growth, Guinness Nigeria Plc has rewarded best-in-class performance and responsible marketing of its alcoholic beverage brands. This was the focus of the 2015 national Distributors’ Conference and Awards...
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