26.6 C
Lagos,Nigeria
Saturday, March 25, 2017
Rex Tillerson

ExxonMobil headquarters in Nigeria shut

The Lagos headquarters of U.S. oil major, ExxonMobil has been shut, following a standoff with blue-collar oil unions over the sacking of 150 workers. Members...

US to pump $1b into Nigeria’s power sector

Power Africa, an initiative by the US government to light up Africa, on Tuesday said it was planning to invest about one billion dollars...
mmm nigeria

MMM founders writes the Federal Government

MMM Founder, Sergey Mavrodi has allegedly written an open letter to the Federal Government of Nigeria explaining the benefits of the scheme. The letter was...
lagos ibadan

Nigeria bans vehicles import by land

The Federal Government of Nigeria has banned the importation of vehicles into the country through land borders. Mr Wale Adeniyi, the Nigeria Customs Service Public...
naira

Naira gains against the dollar

The Naira on Friday strengthened against the dollar in all segments of the foreign exchange market, the News Agency of Nigeria (NAN) reports. At the...
naira

Exchange Rates: Naira improves to N460 to the Dollar

The Naira traded at N460 in the parallel markets against the US Dollars, rising significantly after it was traded at N520 earlier in the week. Many...
CBN

Nigeria to start exporting rice in 2017

The Central Bank of Nigeria, (CBN) on Tuesday said it’s Anchor Borrowers Programme  for the promotion of Agriculture had set the country to begin...
naira

FOREX: Naira weakens against dollar

The Naira  on Tuesday weakened against the dollar few hours after the CBN maintained its benchmark interest rate and endorsed the crackdown on parallel...
Kemi Adeosun

FG launches N13bn mortgage scheme

The Federal Government on Friday launched a N13 billion Federal Civil Servants Mortgage Refinancing Scheme to benefit 5,635 federal civil servants. The Minister of Finance,...

AMCON strikes again, takes over OAS Helicopters

The Asset Management Corporation of Nigeria (AMCON) has taken over Odengene Air-Shuttle Services, known more as OAS Helicopters in Lagos following a court order....