Business

Nigeria's foreign reserves fall by 20 per cent

Nigeria's foreign exchange reserves fell to $34.

The Diezani 'magic' in Nigeria's oil ministry

By Toyin Akinosho It would be inappropriate for President Goodluck Jonathan- if re-elected- to reappoint…

Lagos Outdoor Advertisers Protest Ban On Federal Roads

Kazeem Ugbodaga Thousands of outdoor advertising practitioners and officials of the Lagos State Government have…

FIRS generates N4.69trn revenue in 2014

Nigeria’s Federal Inland Revenue Service, FIRS, announced Thursday it generated a total of N4.

Why more Nigerian micro-finance banks may collapse

The Managing Director of Asha Microfinance Bank, in Nigeria’s western city of Lagos, Mr Aminul…

FIRS surpasses 2014 target by N400billion

The Federal Inland Revenue Service (FIRS) said on Thursday that it generated N4.

Low oil prices drag down oil firms stocks

Shares in energy companies slid Thursday after they announced falling profits on tumbling oil prices,…

Still bad news for crude oil as prices reach 6-year low

New York oil prices tumbled close to six-year lows on Thursday, as record-high US crude…

Shell announces profit slump, hints of $15billion spending cuts

Energy group Royal Dutch Shell on Thursday announced an eight-percent drop in annual net profits…

Amazon offers business e-mail, challenges Microsoft

US online giant Amazon announced plans Wednesday to offer a cloud-based email and calendar service…