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Lagos, Nigeria
Thursday, February 22, 2018

Worst over for Nigeria, SA economies

The worst may be over for Africa’s two largest economies as they likely emerged from a slump in the second quarter. Official data on Tuesday...

Synergos offers platform for diversity into agribusiness

A non-profit organisation Synergos Institute is partnering the National Orientation Agency (NOA) in Nigeria to organise a summit on 14 November to set the...

Central Bank weakens naira to 307 per dollar

Nigeria’s Central Bank on Monday weakened the naira marginally, selling dollars at N307 each for the first time on the official interbank market, in...

CAC crashes cost of business registration

The Registrar-General, Corporate Affairs Commission (CAC), Bello Mahmud, said on Tuesday in Abuja that the cost of business registration in Nigeria is now cheaper...

Bitcoin reaches record high of $6,000

Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors...

US buys $2.7bn Nigerian crude in six months

The import of Nigeria’s crude oil by the United States increased by 32.1 per cent to 52.36 million barrels in the first half of...

Nigeria’s Oranto Petroleum signs Uganda oil exploration deal

Nigeria’s Oranto Petroleum has signed two production sharing agreements with Uganda to explore for oil and gas around Lake Albert, the company said on...

Big investors shun bitcoin despite boom

Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of all cryptocurrencies has surged...

NNPC, Chevron finalize $1.7bn deal

Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the second and final phase of an Alternative Financing Agreement. A statement signed...

Bitcoin recoups losses after worst week since 2013

Bitcoin rose 13 per cent on Tuesday, recovering about half of the losses it sustained last week, its worst since 2013, as investors who...

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Mnangagwa sworn in as Zimbabwe president

Emmerson Mnangagwa was sworn in on Friday as president of Zimbabwe in front of thousands of cheering supporters at Harare’s national stadium, bringing the...

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