The European Union (EU) has indicated interest to invest in Nigeria’s auto sector. Ambassador Ketil Karlsen disclosed when he led the Union’s delegation on a visit to the Peugeot Automobile Nigeria Limited (PAN). Karlsen explained that the EU was interested ...

Nigeria – No longer a smugglers paradise The Jury is out as to whether the present border closure in Nigeria should be extended or shortened. There are short-term benefits, which include a temporary strengthening of the naira and ...

Unveils Limited Edition of ZOLA Infinity ZOLA Electric, the leading renewable energy brand in Africa has opened its first Experience Centre in Nigeria. The Experience centre, which is located at the Fezel Plaza, Alfred Rewane Road, Ikoyi, Lagos ...

The Debt Management Office (DMO) has clarified that the latest move by the President Muhammadu Buhari administration for a $22.718 billion is consistent with the subsisting Debt Management Strategy, which seeks to replace short-term high-interest cost domestic debt ...

Senate stands down confidence vote on Lawan The N10.59 trillion 2020 budget passed last week by the National Assembly is ready for transmission to President Muhammadu Buhari for his assent. Chairman of the Senate Committee on Appropriation, Senator ...

The stocks of Dangote Cement Plc, Zenith Bank Plc, Nestle Plc, Nigerian Breweries Plc, and Seplat Plc have made the list of shares of fortune, a report from ARM Securities disclosed. Though the tides in the Nigerian equities turned as the All-share index ...

With his affinity to Nigeria still very strong, World Heavyweight boxing champion, Anthony Joshua, has confirmed his desire to defend his title in the country if possible. The IBF, WBO and WBA champion recovered from a devastating upset ...

Records 45,347 pipeline breaks in 18 years The Nigerian National Petroleum Corporation (NNPC) has unveiled plans to mitigate the raging twin menace of pipeline vandalism and crude oil theft in the nation’s oil and gas industry. NNPC Group ...

The Central Bank of Nigeria (CBN)’s cashless policy has received a boost as the total value of transactions through various electronic payment (e-payment) channels stood at a total of N424.371 trillion in the first nine months of 2019. ...

The Board of Directors of Julius Berger Nigeria Plc, after its meeting on December 6th, 2019, accepted the resignation of HRH Igwe Peter Nwokike Anugwu, JP, OFR and Engr Heinz Stockhausen as directors of the construction firm. According to ...

The Central Bank of Nigeria (CBN) is reportedly set to increase banks’ Loan to Deposit Ratio (LDR) to 70% by 2020. According to a report published on Vanguard, the disclosure was made by CBN Director, Banking Supervision, Mr. ...

The total amount released under the Commercial Agriculture Credit Scheme (CACS) from inception in 2009 to date, stood at N610.43 billion in respect of 593 projects as at the end of October 2019. The Central Bank of Nigeria ...

Babatunde Fowler, former chairman of the Federal Inland Revenue Service (FIRS), requested for an extension of his tenure before President Muhammadu Buhari announced his replacement, TheCable can report. Buhari appointed Muhammad Nami, a tax consultant, to replace Fowler whose tenure ...

The House of Representatives has mandated its relevant committees to investigate the action of the Department of State Service (DSS) operatives following the rearrest convener of #RevolutionNow, Omoyele Sowore, at the premises of a Federal High Court in ...

President Muhammadu Buhari has sought the Senate’s approval for the nomination of Muhammad Nami as the Executive Chairman of the Federal Inland Revenue Service (FIRS) to replace Babatunde Fowler, whose four-year tenure as FIRS boss ended on Monday. ...

In its bid to enhance seamless operations and improve customers’ experience, Stanbic IBTC Pensions Managers Limited has enjoined employers to ensure that their employees participate in the on-going Data Recapture Exercise being undertaken for the company’s enrollees. Speaking ...

Oil prices slipped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC’s agreement with associated producers at the end of last week to deepen crude output ...

Arsenal came from behind to end their nine-match winless streak as Freddie Ljungberg enjoyed his first victory as interim manager at the expense of his former club West Ham. Eighteen-year-old Gabriel Martinelli marked his full Premier League debut ...

Femi Falana, human rights lawyer, says the federal government is planning to charge Omoyele Sowore, convener of the #RevolutionNow movement, with terrorism. The secret police had released Sowore momentarily after 124 days in detention. This followed an ultimatum by ...

The Wole Soyinka Centre for Investigative Journalism (WSCIJ) and Vice President Yemi Osinbajo yesterday agreed that in view of uproar generated by the re-arrest of the leader of the Revolution Now Movement, Mr. Omoyele Sowore, by the Department ...