EU court to rule on Intel antitrust case on Sept. 6

EU’s top court will on Sept. 6 rule whether to uphold Intel’s appeal against a 1.06-billion-euro (1.2 billion dollars) EU antitrust fine, a case...

Hakeem Belo-Osagie resigns as Etisalat chairman

The chairman of Etisalat Nigeria, Hakeem Belo-Osagie, has stepped down following the restructuring of the telecommunication company. His resignation is effective immediately. Etisalat was taken over...
Arik

We’ll resume Abuja-Accra operation in two weeks, says Arik

Arik Air, Nigeria’s largest carrier, says it will resume daily flight operations between Abuja and Accra, Ghana, from July 17. According to a statement by...
Seplat

Seplat, others lit up NSE by 1.88%

Seplat recorded the highest price to lead the gainers’ table, gaining N5 to close at N465 per share on a day that major highly...

Naira rebounds on liquidity boost

The Naira on Thursday appreciated against the dollar at the parallel market, rebounding barely 24 hours after the Central Bank of Nigeria (CBN) injected...

Again, controversy breaks on NIOMCO reconcession to India firm

Again, controversy has broken on the reconcession National Iron Ore Mining Company (NIOMCO) to Global Infrastructure Holding Ltd. (GIHL) with call from Metallurgical Stakeholders to...
Gas policy

$700 Schlumberger aid boosts Nigeria’s 40bn oil reserves plan

The plan by the Nigerian National Petroleum Corporation (NNPC) to grow the nation’s oil reserves to 40 billion barrels by the year 2020 received...

EU stops financial support to Nigeria

Owing to the enormous resources that abound in Nigeria for its developmental needs, the European Union (EU) has cut its financial assistance and replace...

NSE ASI gains 1.67% as Equities market opens week in positive.

Equities trading on the floor of The Nigerian Stock Exchange closed positive on Wednesday after a two-day holiday declared by the Federal government of...

Heritage Bank looks to crop commodities to boost forex.

As the government moves to resuscitate the commodity exchange, Heritage Bank Plc has pledged to finance cash crop commodities to boost Nigeria’s foreign exchange...