With the sacking of Prof. Maurice Iwu as Chairman of the Independent National Electoral Commission, FIDELIS SORIWEI writes that organised labour is determined to press for holistic electoral reforms. After 50 years of restricting its relevance mainly to the defence of the Nigerian workers and protection of their welfare interests, the organised labour has expanded […]
Learn more about the Nigeria economy, including the population of Nigeria, GDP, facts, trade, business, inflation and other data and analysis on its economy
The Nigeria Business – we provides latest business news, technology political banking financial business travel and economic news in Nigeria. Also – an insight into Nigerian Investment, Governance, property as well as a discussion forum for Nigeria business news articles. Why is Nigeria an important market? Nigeria is Africa’s most populous country with a population […]
The increase of 3,362mw of electricity generation recorded by the Power Holding Company of Nigeria (PHCN) last weekend may be short-lived as Shell Petroleum Development Company (SPDC)â€ˆhas again threatened to shut down its Sapele Gas Plant.
The Central Bank of Nigeria (CBN) is to boost domestic credit by facilitating funds to banks through Development Financial Institutions (DFIs).The Deputy Governor, Banking Operations, CBN, Tunde Lemo, said in Lagos yesterday that it was one of the new moves by the banking watchdog to ensure that banks resume lending to the private sector.
LAGOS, Feb 3 – U.S.-based Motorola Inc. <MOT.N> said on Wednesday it had signed a multi-million dollar deal with Zain <ZAIN.KW> to expand the operator’s mobile network into rural parts of Nigeria, Africa’s most populous nation.
A Nigerian oil ship believed to have been hijacked and pirated from Lagos, which managed to find its way into Ghanaian territorial waters, has been intercepted by a combine team of the Ghana Navy and the National Security at the Tema port on Thursday.
The upheaval in Nigeria’s banking sector deepened yesterday when the central bank dismissed the management of five lenders and effectively brought them under state control with a $2.6bn rescue package.