A former Nigerian Vice President, Atiku Abubakar, has called on the federal government to sell off the country’s petroleum company and its refineries, saying the country is better off privatising
Facebook said on Monday it planned two new undersea cables to connect Singapore, Indonesia and North America in a project with Google and regional telecommunication companies to boost internet connection
The Nigerian National Petroleum Corporation (NNPC) has so far paid a total of $3.118 billion cash-call debts owed the five major international oil companies (IOCs), leaving an outstanding debt of
With the drastic shift from agrarian, industrial and information ages, the future is now tied to providing knowledge-based solutions to practical problems in education, medicine, commerce and industry, environment and
The Auditor-General of the Federation (AuGF), Adolphus Aghughu has warned the country’s head of Ministries, Departments and Agencies (MDAs) against late or non-submission of annual financial reports, saying grave sanctions
The Nigerian National Petroleum Corporation (NNPC) has said it would maintain its current ex-depot price of petrol until the conclusion of an ongoing engagement with the organised labour and other
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Thursday restated the bank’s commitment to improve local production of wheat and reduce importation by 60 per
The stranded Ever Given mega-container ship in the Suez Canal is holding up an estimated $9.6bn (£7bn) of goods each day, according to shipping data. This works out at $400m
President Muhammadu Buhari has re-appointed Alex Okoh as the Director-General of Nigeria’s Bureau of Public Enterprises for a second four-year term. The Senior Special Assistant to the Vice President on
[bc_video video_id=”6243874642001″ account_id=”6116119081001″ player_id=”default” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%” ] Dr Demola Sogunle, CEO of Stanbic IBTC Holdings PLC, spoke to the Global Business Report
The immediate past Chief Executive Officer of Access Bank Plc, Mr. Aigboje Aig-Imoukhuede, has stressed the need for the transformation of the insurance and asset management sectors in order to
A Federal High court sitting in Kano on Thursday overruled the removal of directors of Oando Plc by the Securities and Exchange Commission (SEC). In the ruling, it stated that
Nigeria’s federal government has announced the conclusion of the bid round for the award of 57 marginal oilfields, won by 161 of the bidding companies. The 161 successful bidders emerged
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, Tuesday expressed concerns that the worsening insecurity in the country, particularly in food-producing areas is limiting expected outcomes
Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Magazine’s Best Banks Awards 2021, retaining the award for a second consecutive year. The bank
The Central Bank of Nigeria has left its monetary policy rate unchanged at 11.5% during its March 2021 meeting, despite intensifying inflationary pressures, as it tries to prop up an
The Nigerian National Petroleum Corporation (NNPC) on Monday vigorously defended the approval of a whopping $1.5 billion for the rehabilitation of the Port Harcourt refinery, maintaining that apart from following
[bc_video video_id=”6242705289001″ account_id=”6116119081001″ player_id=”default” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%” ] Arise Business Analyst Chika Mbonu spoke to the Global Business Report about the latest
[bc_video video_id=”6242717027001″ account_id=”6116119081001″ player_id=”default” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%” ] Turkey’s President Recep Tayyip Erdogan, took markets by surprise on March 18th, 2021, when
[bc_video video_id=”6242703374001″ account_id=”6116119081001″ player_id=”default” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%” ] Oladipo Ajayi, Head of Fixed Income at Chapel Hill Denham, spoke to the Global
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