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...

FG proposes two fuel prices, wants NNPC, independent marketers to sell...

As a way of solving the lingering fuel scarcity in the country, the Federal Government is considering an arrangement that would see the Nigerian...

Finance ministry likens Bitcoin, crypocurrencies to Ponzi scheme

India’s Finance ministry has drawn the attention of investors to the risks associated with trading in cryptocurrencies such as Bitcoin, warning categorically that digital...

Respite as PENGASSAN suspends strike

The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, on Monday evening suspended its nationwide strike, after an indigenous oil company, Neconde Energy...

BUA engaging in illegal mining on my site – Dangote

The war of words between the Dangote Group and BUA Group over the Mining Lease No. 2541, located in a boundary town of Oguda/...

IMF: Nigeria is still investors’ destination of choice

The International Monetary Fund, IMF, says it has received a large number of eager investors itching to invest in Nigeria, but was quick to...

Oil prices hit 30-month high of $65 per barrel

Oil prices on Tuesday jumped by one per cent to $65.24 a barrel, being highest since mid-2015, after the closure of the Forties North...

Amaechi asks Jonathan to account for $65bn left by Obasanjo’s govt

Former Rivers governor now Transport minister, Rotimi Amaechi, says the level of wastages of public funds during past government was alarming, alleging that the $65bn...

Lagos joins trillionaires’ club as Ambode presents 2018 budget

The Lagos State governor, Mr. Akinwunmi Ambode on Monday presented a 2018 budget estimate of N1,046,121,181,680 before the Lagos State House of Assembly. The projected...