Business

No more forex for rice, cement importers, says CBN governor

*Private airplanes and jets also banned from forex market *Also affected:

Robbers raid Ikorodu banks

Robbers have raided banks in Ikorodu, the largest town West of Lagos and carted away…

Boeing names Muilenburg as McNerney's successor

Boeing has named Dennis Muilenburg as chief executive officer, effective July 1.

Electricity: Bloomberg predicts solar as game changer

As Nigeria struggles to pipe gas to power its electricity plants, power generation globally is…

This smiling man made $2.3billion in one day, about what Nigeria's 36 states want

Nigeria's 36 states have estimated their total indebtedness, including salaries owed workers at N658 billion,…

Reuters: Buhari advised to end fraudulent oil subsidy

Nigeria's new president, Muhammadu Buhari, has been advised by his transition committee to end a…

Akwa Ibom, Kogi states to host Nigeria's nuclear plants

Akwa Ibom and kogi states look likely to host Nigeria's two nuclear power plants, once…

NLNG pays $1.6bn dividend to Buhari government

Nigeria Liquefied Natural Gas Company Limited (NLNG), a joint venture between the government and foreign…

3 docked for illegal oil bunkering

The Economic and Financial Crimes Commission, EFCC, on Thursday June 18 ,2015 arraigned three persons…

End of petrol shortage in sight as 4 refineries start work July

Nigeria's four refineries will resume production next month, a spokesman for the state-run oil group…