Category: Business

Expert says Oil companies shut down fields for 180 days annually

A former Director of the Department of Petroleum Resources (DPR) and Lead Consultant to the National Assembly on the Petroleum Industry Bill (PIB), Mr. Osten Olorunsola,...

A Dutch company presents the world’s first lab-grown beef burger

A Dutch company that presented the world’s first lab-grown beef burger five years ago said it has received funding to pursue its plans to make and sell artificially...

Microsoft, Walmart team up to take on Amazon

Walmart said Tuesday it was entering into a strategic partnership with Microsoft on “digital transformation” for the onetime retail industry leader. The move is...

Stock: Market loses N320 billion on profit-taking, political uncertainties

With two weeks into the second half (H2) of the year, the Nigerian equities market has lost a total of N320 billion following weak demand by investors who are adopting...

MAN expresses reservations on AfCFTA’s impact on Nigeria’s economy

Dr Frank Udemba, National President of Manufacturers Association of Nigeria, has said the association had reservations on the impact of African Continental Free Trade...

Kastina spend N574 million on fertilizer

Katsina State Government has spent N574 million on the purchase of fertilizer to farmers in the state for 2018 wet season farming, Dr Abba Abdullahi, Special Adviser to...

Lagos cooperatives investment hits N152 billion – Governor Ambode

Ahead of the 2018 United Nations International Day of Cooperatives, the Lagos State Commissioner for Commerce, Industry and Cooperatives, Mrs. Olayinka Oladunjoye, has...

Naira stables at N360 against dollar

The Naira maintained N360 to the dollar at the parallel market on Monday in Lagos. The Nigerian currency had been trading at N360 to the Dollar for four days running,...

Vessels with various products to arrive Lagos ports

A total of 32 ships bringing petroleum products, food and other goods are expected to arrive at Apapa and Tin Can Island Ports, between now and July 30, says the...

PenCom lauds pensions reforms

The National Pension Commission (PenCom) has commended the series of reforms in the sector, which has raised accumulations from contributors to N8trillion, as well as...