Business

An Italian entrepreneur, Basta Alessandro, distanced himself from those claiming that he engages in illegal fishing in Kenya. The tycoon’s ship MV Roberto fishing in the Kipini waters of the Indian Ocean was last week arrested by a…
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Access Bank announced on Monday that it has agreed to buy a majority stake in African Banking Corporation of Botswana for cash, few weeks after it acquired a South African bank. Access Bank will acquire just over 78 per cent of…
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Asset Management Corporation of Nigeria (AMCON) is set to float a new airline, NG Eagle, deploying some of the assets of distressed Arik Air. The NG Eagle will later be sold to private investors if the Federal government fails to…
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Nigeria Customs Service has proposed banning of vehicles from seven years upwards even as it seeks to earn more revenue. Nigeria Customs Service The House of Representatives’ Committee on Customs and Excise proposed a revenue target…
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The Nigerian Bourse (NSE) is one of the best in connecting African investors from around the world. Investors can acquire securities expressly from primary markets when new offerings are placed by issuers and trading in listed…
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The Minister of State for Petroleum Resources, Timipre Sylva, on Tuesday informed newsmen in Lagos that the price of petrol remains N162 per litre. Officials of the Nigerian Labour Congress were also part of the briefing which also…
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The Department of Petroleum Resources (DPR) has reached an agreement with over 27 operators in the downstream sector in order to ensure stability in the pump price of Premium Motor Spirit (PMS), otherwise known as petrol. Last week,…
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The Petroleum Products Pricing Regulatory Agency has clarified issues regarding fuel increase saying it does not fix the price of Premium Motor Spirit, otherwise known as petrol. It said this in a statement issued on Friday to clarify a…
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The Central Bank of Nigeria (CBN) says most of the proposals it received were from academic community especially in the health sector for research and development of local solutions. The Apex bank says it financed 82 projects, valued at…
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Vice President Yemi Osinbajo, SAN, has thrown his weight behind the operation of cryptocurrency despite its recent ban by the Central Bank of Nigeria (CBN).  Osinbajo said rather than adopt a policy that prohibits cryptocurrency…
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