Business

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A Judge in the US refused to revive a $1.8 billion arbitration award against Nigeria. Exxon Mobil Corp’s and Royal Dutch Shell Plc had brought the case against the NNPC. The NNPC expressed delight over the judgement saying the case lacked...
The Comptroller General of the Nigeria Immigration Service, Muhammad Babandede, has said the enhanced e-passport is acceptable and valid for entering all countries. He gave the reassurance in a statement by NIS Public Relations Officer, Mr Sunday James, in Abuja...
The Nigerian Stock Exchange market capitalization on Wednesday shed N130 billion in about six hours of trading. Specifically, the market capitalization which opened at N13.420 trillion lost N130 billion or 0.97 per cent to close at N13.290 trillion. In the same...
Nigerian woman Chinelo Anohu has been appointed to head and senior director of Africa Investment Forum by African Development Bank Group. Anohu's appointment takes effect from September 1, 2019. The new head of African Investment Forum had served as director-general of...
The police on Wednesday arraigned four men in an Ikeja Magistrates’ Court in Lagos, for allegedly swindling Jumia International of N14.9 million. The police charged Fatai Lasisi, 30; Saheed Adebayo, 39; Olusegun Oladosu, 29 and Gbolahan Akinyetan, 28, with conspiracy,...
• Experts caution against subsidy, overdependence on oil The nation’s Gross Domestic Product (GDP) lost steam in the second quarter (Q2) of 2019, against expectations and assurances of improved numbers based on acclaimed investments in the economy by the government.Year-on-year,...
• Says private sector partnership key to delivering good governance • Sets aside N4b to support entrepreneurs Lagos State Governor Babajide Sanwo-Olu has reiterated his administration’s commitment to providing accessible, affordable and quality healthcare for residents. The governor also stated that the...
Digify Africa, in partnership with Facebook, has disclosed that it is developing Africa’s next generation of digital talent through its annual training of select university graduates in digital marketing. The programme, which took place in Lagos, also commenced in Abuja...
The Federal Government spent a total N650.2bn in subsidising Premium Motor Spirit; latest statistics obtained from the Nigerian National Petroleum Corporation have shown. The PMS, popularly known as petrol, is imported into Nigeria solely by the Federal Government-owned NNPC. The corporation...
When starting a new business, mistakes are par for the course. Of course, that’s much easier to admit when you’ve been successful at correcting them. We recently spoke with five entrepreneurs who overcame their first-time business blunders and want...

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