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NEXIM Bank offers N300b loan guarantee to exporters

The Nigerian Export Import Bank (NEXIM) has disclosed that it is offering N300 billion as funding support to Nigerian exporters in 2014 as part of its commitment to boost credible non-oil ...
Saham Finances

Moroccan acquires 40 per cent stake in Unitrust

Saham Finances, a subsidiary of Groupe Saham owned by Moulay Hafid Elalamy, a Moroccan tycoon and current trade and industry minister, has acquired a 40 percent stake in Nigerian non-life ...
Nigerian Stock Exchange (NSE),  Oscar Onyema

Onyema: Stocks cheap on foreign investors’ exit

Foreign investors fleeing Nigeria as oil prices plunge are leaving stocks undervalued in Africa’s biggest economy, the bourse’s chief executive officer, Mr. Oscar Onyema has said. The ...
Jega Inec

INEC plans insurance cover for political office holders

The Independent National Electoral Commission (INEC) intends to arrange comprehensive welfare insurance policy for political office holders in the country, according to Daily Independent. To ...
Ngozi Okonjo Iweala

Oil slump: Why Nigeria opts for fiscal consolidation

While the majority of countries around the world are expanding their social protection policy measures as a result of drop in oil price at the international market, Nigeria, on November ...

In a strong, decisive action, CBN calms the Markets

The Nigerian stock market closed in positive territory on Tuesday as the All Share Index (ASI) appreciated by 0.71 per cent to close at 34,115.84 from 33,875.26 on Monday, while market ...

OPEC faces test, meets Thursday on oil prices

The Organisation of the Petroleum Exporting Countries (OPEC) is set to hold a very crucial meeting on Thursday to decide on new production cuts for member countries, as the cartel ...

Jonathan, Tafawa Balewa for screening today

The National Working Committee (NWC) of the Peoples Democratic Party (PDP) has set up a presidential screening committee to screen two of the party’s presidential aspirants, Dr. Goodluck ...

Displaced persons build new town in Adamawa

Despite the deadly attacks of Boko Haram in the North-east, its residents have refused to be cowed, as thousands of displaced persons from Gwoza have founded a new town in Adamawa ...
David-Mark, Senate Leader

Senators grill service chiefs for eight hours

The Senate on Tuesday held a closed- door discussion with the Service Chiefs for about eight hours over the insurgency in the North Eastern states of Adamawa, Borno and Yobe. Those ...

Messi smashes Champions League record

Lionel Messi smashed the all-time Champions League goalscoring record by netting a hat-trick in Barcelona’s 4-0 win at APOEL on Tuesday night. The Argentina forward broke the ...

FG not serious about economic diversification —NBCC

The Nigerian-British Chamber of Commerce, NBCC, has accused the federal government of paying lip service to diversification of the Nigerian economy, saying all along, it “has been ...

Nigeria’s devt tied to peace in Niger Delta —Minister

Minister of Niger Delta Affairs, Dr. Steve Oru, has said that the development of the country was tied to a peaceful atmosphere in the Niger Delta since the region remains the mainstay ...

Crisis delays Eagles N1.44bn World Cup money

Secretary General of the Nigeria Football Federation, Musa Amadu, has said Nigeria are yet to receive the nine million dollars prize money they earned at the last World Cup because ...

Obasanjo frowns at insurance firm’s refusal to settle claims

Former President of Nigeria, Mr. Olusegun Obasanjo has decried the action of some fraudulent insurance companies who try to avoid payment of claims in the event of a disaster. Obasanjo ...

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