Cement Company of Northern Nigeria (CCNN) has dominated other companies to emerge as best performing stock in percentage terms on the Nigerian Stock Exchange (NSE) for the half year ended June 30, 2018, according to data from the exchange. The data showed that CCNN’s stock during the period increased by 152.63 per cent to close […]
President Buhari signs the executive order on preservation of assets seized in connection with corruption. President Muhammadu Buhari Thursday in Abuja declared national emergency on corruption, warning that institutions, agencies and individuals must own the fight to reverse the negative culture of pilfering public funds, or risk plunging the country into turmoil. “Like I have […]
Nigeria will offer a 12.7 billion naira ($41.6 million) mining contract to eight companies in exploration and consultancy, its junior mining minister said on Wednesday, adding both foreign and local firms were encouraged to participate. Nigeria’s economy, one of Africa’s largest, has been built largely on its rich crude oil reserves, leaving other sectors to […]
The Secretary General, Organisation of Petroleum Exporting Countries (OPEC), Dr. Mohammed Barkindo, says Nigeria has assumed a strong, proactive role in the oil industry globally. Barkindo said this while delivering a keynote address at the 17th edition of the annual Nigeria Oil and Gas Strategic Conference and International Exhibition in Abuja on Tuesday. “We can […]
Nigeria’s central bank is wooing local businesses importing goods from China to use the yuan instead of the U.S. dollar in its effort to support its naira currency and boost reserves. Central bank officials on Wednesday held a town hall meeting with businesses in Lagos to introduce the yuan for imports from China ahead of […]
Leon Balogun has called on his Nigeria team-mates to learn football’s darker arts following their World Cup exit. The Super Eagles exited the tournament last week when losing to Argentina, who themselves crashed out on Saturday. The 30-year-old defender told BBC Sport: It’s always important when you play internationals to be a bit dirty. That’s […]
On his trip Mr Macron reiterated France’s commitment to helping Africa deal with security and migration challenges. French President Emmanuel Macron has told the BBC that the European Union’s plan to create migrant-processing centres in North Africa will not work, unless the process is spearheaded by those countries. Interviewed during his visit to Lagos, he […]
Nigerian carrier, Air Peace says it will commence four-sector flights on the Lagos-Abuja, Abuja-Owerri, Owerri-Abuja and Abuja-Lagos routes with an historic all female flight and cabin crew members on Thursday. The airline made the announcement in a statement signed by its Corporate Communications Manager, Mr Chris Iwarah on Wednesday in Lagos. Iwarah said the development […]
President Emmanuel Macron of France, on Tuesday, arrived in Nigeria on official visit aboard French Presidential Jet A330 and landed at the Presidential wing of Nnamdi Azikiwe International Airport at about 3:10 p.m. The News Agency of Nigeria reports that President Macron on arrival was received by the Nigeria’s Minister of Foreign Affairs, Mr Geoffrey […]
Migrants from Africa and Asia staged their own version of the World Cup in Moscow on Tuesday, playing soccer matches in Red Square in an event held to highlight challenges faced by refugees in Russia. The games were organised by anti-discrimination network FARE and the Civic Assistance Committee, which helps migrants and refugees. Players from […]