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Nigeria, Labour agree on minimum wage implementation

The Nigerian government and the organised labour have finally found a common ground on the implementation of the national minimum wage...

Nigeria, China collaborate on Nigerian-made transformers

Nigeria is to work closely with China for the production of Nigerian-made transformers by 2020...

IMF says Nigeria’s economy growth slow

The International Monetary Fund (IMF) has reported that Nigeria’s economic growth was too slow and still exposed to vulnerabilities.

Poverty goes beyond lack of food, shelter

President of the United Nations General Assembly, Amb. Tijjani Muhammad-Bande, has said that poverty was beyond lack of access to food....

ICAN inaugurates reporting committee

The Institute of Chartered Accountants of Nigeria (ICAN) in Abuja inaugurated the Nigerian Integrated Reporting Committee (NIRC)....

“Made in Africa” phone plant opens in South Africa

Mara technology company on Thursday opened South Africa’s first smartphone manufacturing plant where it will produce its “Made in Africa“ phones...

NAICOM charges insurance firms on technology investment

The National Insurance Commission (NAICOM) has charged insurance companies to invest in technology in order to effectively key...

Union Dicon Salt explains 2018 accounts

Union Dicon Salt has attributed the delay in convening its 2018 Annual General Meeting (AGM) to the company’s invitation by the Financial Reporting Council of Nigeria (FRCN)....

Seven banks fail CBN’s stress test

The Central Bank of Nigeria (CBN) has conducted stress test, reporting that seven commercial banks failed as they were not...

AfDB: Investment opportunities attractive

The African Development Bank (AfDB) has said that investment opportunities were proving to be seriously attractive a year after the maiden edition of the African Investment Forum (AIF).

Tesla to start manufacturing in China

Tesla Inc. was added to a government list of approved automotive manufacturers, China’s industry ministry said on Thursday...

Ericsson earnings top forecast as 5G takes off

Telecoms equipment maker Ericsson beat quarterly earnings expectations on Thursday and lifted its market forecast for this year...

Samsung moves to soon patch Galaxy S10 fingerprint crisis

Samsung Electronics Co. says it will soon roll out a software patch to fix problems with fingerprint recognition...

Oil prices fall on signs of large U.S. stock build

Oil prices fell by one per cent on Thursday after industry data showed a larger-than-expected build-up in stocks...

Cold weather makes tea vendors make brisk business

Tea vendors are making brisk business at the on-going Jos International Trade Fair due to the cold weather...

Jos Trade Fair exhibitors offer 30% discount

Some exhibitors at the on-going Jos International Trade Fair have offered 30 per cent discount on some of...

FirstBank customers’ hit 18m

First Bank of Nigeria on Wednesday reported that it had recorded more than 18 million customers’ accounts.

SMEDAN trains teachers on economic enhancement skills

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says entrepreneurship training for school teachers in Nigeria...

No plan by Ghana to confiscate of Nigerians’ money

Nigeria High Commission in Accra has refuted social media report that Nigerians living in Ghana without resident permit will not be able to withdraw their money from the banks as from November.

West Africa for single currency in 2020

(An analaysis) The 15 countries of the Economic Community of West African States have agreed to adopt, as of...

FAO DG seeks healthy, affordable diets

The Director General, Food and Agriculture Organisation (FAO), Qu Dongyu, has called for healthy, sustainable, accessible and affordable diets for everyone.

Nigeria, Ghana meet on border closure

Nigeria’s Foreign Affairs Minister, Geoffrey Onyeama and his Ghanaian counterpart, Mrs Shirley Botchwey, have agreed on modalities to...

Roche boosts 2019 sales outlook

Swiss drugmaker Roche (ROG.S) boosted its 2019 sales outlook for a third time, helped by rising Chinese revenue,...

South Africa hits by power cut

South Africa was hit by power cuts on Wednesday after some generating units broke down, state utility Eskom said.

China’s outbound investment up 3.8 %

China’s non-financial outbound direct investment (ODI), on Wednesday posted steady growth in the first three quarters of 2019, data showed.

Border closure stimulates economy

An Economist, Prof. AbdulGafar ljaya, says the closure of Nigeria’s land borders will stimulate the economy and curb...

Nigerians are reluctant to buy local rice

Rice sellers in Ilorin, the Kwara State capital have expressed worry over the reluctance of consumers to buy...

Ship owners want role in AfCFTA

African Ship Owners Association (ASA) has urged Nigeria to invest in ships to trade in the African Continental...

Equities market declines by.16%

The benchmark index of the Nigerian Stock Exchange (NSE) has halted gains posted in the preceding trading session...

Pension critical to nation’s development

The Acting Director-General National Pension Commission, Mrs Aisah Dahir-Umar, says pension industry is critical to the attainment of...

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Dollar loses value amidst trade war

The dollar has dipped by 0.2 per cent against a basket of major currencies on Thursday. The respected currency is suffering even as a trade...
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Nigeria commits to strengthening trade relations with Poland

The Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, has reiterated Federal Government’s commitment to strengthen relationship between Nigeria and Poland in terms of trade, commerce and industrialisation.
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MTN getting soft landing over $8.1b crisis

The crisis over the inappropriate repatriation of $8.1 billion by telecom giant, MTN, is heading for amicable settlement. The Central Bank of Nigeria (CBN) has...
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