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Business News

Nigeria revokes eleven oil licenses

The Nigerian Government has revoked Oil Mining Licences (OML) of 11 oil and gas companies operating in the Marginal Fields. The Guardian learnt that the affected companies include Movido–Ekeh, Goland – Otiti, Independent Energy – Ofa, Associated-Tom Shot Bank, Bayelsa – Ayala, Sogenal – Akeni and Delsigma–Ke. Others are Bicta–Ogedeh, Guarantee–Ororo, Eurafic-Dawes Island and Sahara–Tsekelewu. […]

Business News

Coronavirus alters outlook of Nigerian equity market

analysts see opportunity in healthcare stocks If the spread of Coronavirus(COVID-19) is not curtailed as soon as possible, the Nigerian equities market will continue to sink and the market will experience a further decline. As Coronavirus continues to rear its ugly head in Nigeria, the nation’s equities market is one of the worst-hit as dealers now trade remotely […]

Business News

Reprieve for Nigeria as oil stays above $32 on hopes of OPEC+ meeting Monday

.Saudi/Russia may cut production, end price war …Saudi calls emergency OPEC+ meeting by Isaac Anyaogu and Oladehinde Oladipo and Isaac Anyaogu and Oladehinde Oladipo On Apr 3, 2020 Oil is trading above $31 a barrel in London Friday, reversing earlier declines, as OPEC+ scheduled an urgent meeting next week after a historic slump in prices that has crippled the energy […]

Business News

Nigeria Can Drive Poverty Reduction in Africa, Says Oby Ezekwesili

The Presidential candidate of the Allied Congress Party of Nigeria, Obiageli ‘Oby’ Ezekwesili, has called on the federal government to intensify efforts in lifting citizens out of poverty. Ezekwesili’s statement was in reaction to a recently released World Bank report, which indicates that by 2030 about nine out of 10 extremely poor people in the […]

Business

Tecno Mobile Launches Pouvoir 2 Pro Gold Edition

Tecno Mobile has launched another innovative smartphone known as the Tecno Pouvoir 2 Pro Gold edition which has seem to address public misconception as the device which was rumoured to flaunt an 18karat gold back case, is really a sight to behold.  According to a statement signed and made available to THISDAY by the Public […]

Business

First Bank to Reward Verve Card Users

FirstBank Nigeria Limited has unveiled a reward scheme for customers that use their Verve Card usage in its Free Fuel Friday promotion. The free fuel Friday promo which was activated by FirstBank in collaboration with Verve International and OVH Energy Marketing, a licensee of the Oando retail brand, commenced on Friday, 19 October 2018 and […]

Business News

Digital Bridge Institute to Train 2000 School Teachers on ICT Skills

Buoyed by the success recorded with the Advanced Digital Awareness Programme for Tertiary Institutions (ADAPTI), the Digital Bridge Institute (DBI) is focusing on training over 2000 primary and secondary school teachers and administrators before year end. The Administrator of the Institute, Dr. Ike Adinde, disclosed this in a chat with journalists, stressing that the training […]

Business News

Lagos State Govt introduces new method for farm produce transportation

IN its quest to guarantee food security for Lagosians, the Lagos State governor, Mr Akinwumi Ambode, has hinted that the government would encourage the use of reusable plastic crates to aid transportation of farm produce as against the use of raffia baskets. Ambode, who was represented by the Secretary to the State Government, Mr. Tunji […]

Business

We will ensure members comply with regulation

President of the Nigerian Council of Registered Insurance Brokers, NCRIB, Mr. Shola Tinubu in this interview discusses    efforts of    the Council    to build capacity for members President of the Nigerian Council of Registered Insurance Brokers, NCRIB, Mr. Shola Tinubu SOME of your members have been complaining that the National Insurance Commission, NAICOM, […]

Business

Meet the award-winning Centennial entrepreneur

He started his business journey aged eleven. Now nineteen, he’s an acclaimed entrepreneur, investor, speaker and mentor. Meet Ben Towers.     Centennials. The latest buzzword in the business world. As businesses gain an understanding of this generation and prepare for their arrival in the workplace, Centennials are often labelled as the new wave of […]