Category: Business

Uber monthly passenger base in Nigeria reach 267,000

Transportation network company, Uber Nigeria, currently has 9,000 active driver-partners and no fewer than 267,000 monthly riders, an official has said. Francesca Uriri,...

Inflation rate drops to 11.14% in July – NBS

The National Bureau of Statistics on Wednesday released the Consumer Price Index which measures inflation with the index dropping by 0.09 per cent points from 11.23 per...

CBN injects $327,440,499.50 into inter-bank retail

The Central Bank of Nigeria (CBN), on Friday, August 10, 2018, injected the sum $327,440,499.50 into the interbank retail Secondary Market Intervention Sales. This is in...

Lagos free zone operator denies ‘high charges’ imposed on investors

The management of Lagos Deep Offshore Logistics (LADOL) has denied claims that its hostile policies at the Lagos Free Zone were frustrating investors doing business in...

Lagos: Osinbajo, Ambode meet maritime Unions and Stakeholders

Vice-President Yemi Osinbajo and Akinwunmi Ambode, Lagos state governor, on Thursday met with maritime unions and stakeholders to find a lasting solution to the longing...

Movement for the Survival of Ogoni

The Movement for the Survival of the Ogoni People has frowned at the attempts by the Federal Government to return Shell into Ogoni. The group stated this in an interview...

Nigeria retain money policy rate at 14%

The monetary policy committee of the Central Bank of Nigeria has retained monetary policy rate at 14% for the 11th consecutive time. The rates were first raised in July...

1stbank seeks improved Nigeria – China trade relationship

As part of its strategic drive to strengthen business partnership between Nigeria and China, First Bank of Nigeria Limited recently organised the First Bank-Chinese...

ExxonMobil: Why spy police officers is sacked

The Management of ExxonMobil has given reasons why spy police officers on the company’s employ were terminated shortly after being absorbed in compliance with the...

Council enumerate gains of Nigeria-Malaysia trade corridor

The president of the Nigeria-Malaysia Business Council (NMBC), Dr Michael Aderohunmu, has disclosed that the Council has entered into partnership with the Nigeria...