NLNG Discharges 13,000 Tonnes Cooking Gas to Lagos

By: Olajide Toriola The Nigeria Liquefied Natural Gas Limited (NLNG) said it has started the supply of liquefied petroleum gas (LPG), commonly called cooking, to Lagos to ease its shortage…

12 Millionaires Emerge in New Sterling Plus Cash Reward Promo

  As part of its enriching lives proposition, Sterling Bank Plc last year, made 12 of its customers millionaires in the New Sterling Bank Sterling Plus Cash Reward promo. Other…

Nigeria rejigs trade policy to align with WTO’s template

  Nigeria’s trade policy is being reviewed by the Federal Government to ensure it meets the World Trade Organization’s (WTO) template on trade, Trade Adviser to the Minister of Industry,…

Foreign Reserves Hit $26.9bn, as Value of Open Contracts Rises

Nigeria’s foreign exchange reserves increased week-on-week by 2.51 per cent to USD26.88billion, according to latest update from the Central Bank of Nigeria, CBN. The latest uptick in the reserves came…

Inflation rises to 18.55 Percent

  Inflation rose by 18.55 per cent in December 2016, 0.07 per cent points higher from the 18.48 per cent recorded in November. Recent report released by the National Bureau…

Dangote Sets Up Multi-Million Dollar Truck Assembly Plant In Lagos… To Provide 3,000 Jobs

By: Olajide Toriola Determined the tap into the opportunity provided by the scarcity of forex in the country to create jobs, foremost entrepreneur,  has embarked on the establishment of multi-million…

Cadbury Nigeria Appoints New Managing Director

By: Olajide Toriola Cadbury Nigeria Plc, has announced the appointment of Mr. Muhammad Amir Shamsi as its new Managing Director effective 1 February 2017. Mr. Shamsi takes over from Mr.…

Ambode Meets British, German Ambassadors on Bilateral Trade

Lagos State Governor Akinwunmi Ambode on Friday said the vision of his administration to create a more prosperous and safer Lagos and transform the state into the hub of commerce…

Breaking: MMM Resumes Operation

By: Olajide Toriola Participants in the Mavrodi Mondial Movement (MMM) on Friday heaved a sigh of relief as the money-spinning venture promoters announced their resumption after one month break that…

CBN to BDCs: We Won’t Devalue Naira

  The Central Bank of Nigeria (CBN) has told Bureau de Change (BDC) operators in the country that it does not intend to devalue the naira and will support it…