Business

CBN Raises Banks’ Loan To Deposit Ratio From 60% to 65%

The Central Bank of Nigeria has made an upward review of the Loan to Deposit Ratio of Deposit Money Banks (DMBs) to 65% from...

S/Arabia, UAE To Invest In Nigeria’s Oil And Gas Sector

The Group Managing Director, GMD, of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari has disclosed the readiness of Saudi Aramco and the Abu Dhabi...

Pan-African E-Logistics Start-up expands to the Nigerian market

Kenyan e-Logistics company, Lori, has officially announced its expansion to Nigeria in a bid to cement its footprint across Africa. The company, which is the...

#Boeing737Max: We will not experience financial fallout from 737 grounding, Says Boeing CEO

Denis Muilenberg, the Chief Executive Officer of Boeing, has said that the company would not experience financial fallout following the grounding of its 737...

Attack On Saudi Leaves OPEC With 940,000 Spare Reserve

The attack on Oil facilities in Saudi Arabia has left the Organisation of Petroleum Exporting countries (OPEC), with just 940,000 barrels per day of...

NEITI Releases Report On Sale Of Nigeria’s Crude in Nigeria

The Nigeria Extractive Industries Transparency Initiative has released the report on a pilot study that focuses exclusively and extensively on the sale of Nigeria’s...

OIL Pipelines Were Breached 46 More Times In June Than Previous Month.

Ndu Ughamadu, Spokesperson for the Nigeria National Petroleum Corporation (NNPC), says its pipelines were breached 106 times in June, an increase from 60 vandalised...

New Ministers Must Save Nigeria’s Economy from Collapse, Says Capital Market Operators

Following the recent swearing-in of new ministers by President Muhammadu Buhari, capital market operators have asked the new ministers to save the country’s economy...

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Africa Netpreneur Prize Initiative Announces Top 10 Finalists

The Africa Netpreneur Prize Initiative (ANPI) has identified the top 10 finalists for its grand finale event taking place...
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Pneumonia Killing One Child Every Three Minutes in Nigeria

By Mayowa Adeniran |  Nigeria has been listed as the leading country with number of child death to pneumonia globally,...

Nigerian Initiative, Follow the Money wins Council of Europe’s Democracy Innovation Award

Follow the Money, an initiative of Connected Development, has defeated three other finalists to emerge the winner of Council...

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Africa Netpreneur Prize Initiative Announces Top 10 Finalists

The Africa Netpreneur Prize Initiative (ANPI) has identified the...

Pneumonia Killing One Child Every Three Minutes in Nigeria

By Mayowa Adeniran |  Nigeria has been listed as the...
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Angolan President Joao Lourenco on Wednesday fired his predecessor’s...

Ambode Appoints Female Accountant-General – Dissolves Boards of Parastatals, Agencies

Governor Akinwunmi Ambode of Lagos State yesterday, approved the...