Breaking News
Home / BUSINESS

BUSINESS

Automated seedlings equipment arrives Cross River

seedling-equipment

Twenty-seven containers of the automated rice seedlings equipment have arrived Calabar, Cross River State capital. Project manager, Patrick Obiren who received the equipment disclosed that already, contractors from Taiwan are on their way to Calabar for full installations of the automated machines. “We have received 27 containers of various equipment. ...

Read More »

Mark Zuckerberg loses $5billion after Facebook shares drops

download

Mark Zuckeberg, CEO of Facebook’s net worth has plunged at about $5 billion after his company shares slumped. This is as a result of the Cambridge Analytica scandal in which data of 50 million users was reportedly misused. The company’s stock plummeted nearly 7 percent on Monday putting Facebook on ...

Read More »

Nigerian annual inflation down for 13th month in Feb

market

Nigeria’s inflation slowed for a 13th consecutive month in February, but may still be too high for the central bank to start cutting rates from a record. Consumer-price growth in Africa’s most populous nation decelerated to 14.3 percent from 15.1 percent in January, the Abuja-based National Bureau of Statistics said ...

Read More »

Doing business in Nigerian cities is hell – Dangote

download (1)

Africa’s richest man, Alhaji Aliko Dangote, has declared that doing business in Nigerian cities is hell. He described Lagos as the most convenient and peaceful state for doing business. He said this during questions and answers session with journalists in Lagos. He said, “I am not advertising for Lagos, but ...

Read More »

Our land not available for cattle colonies, Yoruba leaders tell FG

Our land not available for cattle colonies, Yoruba leaders tell FG

Yoruba leaders, under the aegis of Yoruba Summit, yesterday, rejected the proposed cattle colony by the Federal Government saying it is a “violation of the sensibilities of different nationalities whose lands would be partitioned for Fulani herdsmen.” They also called on the Federal Government to declare killer herdsmen and militias ...

Read More »

Emefiele warns Nigerians over bitcoin

Emefiele warns Nigerians over bitcoin

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said investing in virtual currencies such as bitcoin, is a “risk that cannot be supported” by the apex bank. Emefiele stated this in an interview with reporters in Abuja. He highlighted the “dangers” in bitcoin trading, saying he had ...

Read More »

NNPC ‘operating illegal account’ — Senator

NNPC ‘operating illegal account’ — Senator

Kogi West All Progressives Congress senator, Dino Melaye, has accused the Nigerian National Petroleum Corporation of operating a dubious account in the name of the Nigerian government. The senator accused the corporation of owning major shares in a company which has no bank verification number as required by law. Coming ...

Read More »
Translate »