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Business and Economy

China scores milestone with launch of BeiDou Global Satellite Navigation System.

By Dr. Austin MahoIn a major landmark on June 23, China successfully launched from the Xichang Satellite Launch Center in Sichuan Province,...

Shoprite begins process to leave Nigeria

After series of loses occasioned by policy inconsistency, exchange rate volatility, double taxation among others, Shoprite, Africa’s largest food retailer, is planning to leave...

Hadiza Bala-Usman and the Nigerian Calamity

By Yemi AdebowaleHadiza Bala-Usman assumed office in 2015 as the Managing Director of the Nigerian Ports Authority (NPA) with so much enthusiasm. She came...

Chinese loans offer best terms says Ameachi

Transport minister insists Nigerian has capacity to pay back Loan in 20 years at 2.8% interestMinister of Transportation, Rt. Hon.Chibuike Rotimi Amaechi has...

Tony Elumelu implicated in N41 bn NITEL fraud

By Lawrence EkwonuTony Elumelu, former Managing Director of the United Bank for Africa (UBA), Chairman of the Tony Elumelu Foundation and the heirs Holding...

GBfoods relaunches Bama Product with new factory in Nigeria

The management of GBfoods, producer of Bama Mayonnaise, says it has completed its state-of-the-art production factory in Sango, Ado-Odo Ota Local Government Area of...

Dawanau International Food Market Gets New Leadership.

By Jabiru Hassan, Kano.A new leadership emerged at Dawanau international food market in Dawakin Tofa local government area, where Alhaji Sani Ahmed Kwa...

Nigeria stock market loses N70bn, amid losses by blue chips

The nation’s bourse returned to negative territory on Tuesday with the market capitalisation shedding N70 billion due to losses by some blue chips.The market...

(Re-issue) FG plans to train Nigerians on art of making Gold Jewellery

The Federal Government says it is making plans with foreign experts to train some Nigerians in the art of Gold Jewellery making.Mr Olamilekan Adegbite,...

OPSN endorses Okonjo-Iweala for post of DG, WTO

The Organised Private Sector of Nigeria (OPSN) says it has endorsed and encouraged worldwide support for the election of Dr Ngozi Okonjo-Iweala for the...

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