Business

Foreign investors dump N513.85 billion Nigerian stocks

Foreign investors sold Nigerian stocks with a net value of 513.85 billion naira ($2.58 billion)…

MTN in tax payment default in Cameroon

The local units of Orange and MTN owe Cameroon nearly 100 billion CFA francs ($166…

NITDA boss suspended over misconduct

Nigeria's  Federal Government on Wednesday suspended the Director-General of the National Information Technology Development Agency (NITDA),…

Fayemi: Nigeria’s dependence on oil risky for social stability

Nigeria’s heavy dependence on earnings from oil and gas was both a financial risk and…

Kaduna, Port Harcourt refineries shut

The Nigerian National Petroleum Corporation, NNPC on Wednesday announced the operational shutdown of the Port…

Dangote Cement, GTB, FBN stocks in dramatic rally

Nigeria's share index gained 3.31 percent in early trade on Wednesday, a dramatic recovery after…

KEDCO instals pre-paid meters in Kano

The Kano Electricity Distribution Company (KEDCO) has commenced installation of its newly-procured pre-paid meters for…

NIMASA may be scrapped, says Amaechi

*NIMASA University scrapped Nigeria's Minister of Transport, Rotimi Amaechi has told a committee of the…

Gas pipeline sabotage: Nigeria loses N470m daily, says Fashola

Eromosele Ebhomele Minister of Works, Power and Housing, babatunde Fashola, late Tuesday revealed that the…

Nigeria laments losses from vandalised Escravos gas pipeline

Nigeria's power ministry has lamented the negative effects of the weekend’s attack on the Nigeria…