Buhari signs Executive Order barring foreigners from getting jobs Nigerians can...

President Muhammadu Buhari on Monday in Abuja signed Executive Order 5 to improve local content in public procurement with science, engineering and technology components. The...

Buhari appoints deputy governor for CBN

President Muhammadu Buhari has nominated Mr. Edward Lametek Adamu to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria, CBN,...

Senate worries over growing popularity of bitcoin, other cryptocurrencies, demands action...

Noting that cryptocurrencies are now being openly promoted on local broadcast stations, mostly to Nigerians, ”not aware of the consequences”, the Senate has called...

It’s a disgrace Nigerian refineries don’t perform up to 50% –...

President Muhammadu Buhari has recalled that during his time as a military Head of State, all Nigeria’s refineries were working optimally. He lamented that it...

Multichoice Nigeria loses copyright infringement legal battle, to pay N5.9bn ‘damages’

A Federal High Court in Lagos has awarded N5.9bn “special damages” against Multichoice Nigeria Limited in an eight-year-old copyright infringement legal battle between the...

Emefiele allays fears over failure of MPC to hold First Quarter...

Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has dispelled fears expressed by Nigerians and the international community over the inability...

Access Bank dragged to court over alleged unlawful freezing of media...

A N200 million suit has been instituted against Access Bank Plc by Image Merchants Promotion Limited, and its promoter, Yushau Shuaib, over an alleged unlawful...

MPC to retain interest rate at 14 percent — Emefiele

Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, says he expects the Monetary Policy Committee, MPC, to retain interest rate at...

Nigeria has none of 400 components needed to manufacture mobile phone...

The Chief Executive Officer, CEO, of Samsung Electronics Africa, Mr. Sung Yoon, on Thursday disclosed that manufacturing a mobile phone required about 400 different...

Nigerian stocks named World’s best with 12% rise in 14 days 

The world-beating rally in Nigerian stocks may not be over yet. The main equity index in Africa’s biggest economy has surged 12 per cent this...