This African President Will Reduce His Stay In Office
President Macky Sall of Senegal has proposed to reduce his own term in office by two years. Thereby changing his seven years tenure from a seven, to a five year…
NERC Will Punish Any Disco That Rejects Electricity From TCN
The Nigerian Electricity Regulatory Commission (NERC) has warned that henceforth, any distribution company (Disco) that rejects electricity from the Transmission Company of Nigeria (TCN) will be sanctioned. Acting Head of…
MTN On Track To Report $955m Profits From Nigeria
MTN Group reported on Tuesday that it is likely to report an annual profit of about $955 million from its Nigerian operations. MTN is currently in a legal tussle with…
FG Says 55 Nigerians Stole N1.34 Trillion From Treasury In 7 Years
The Federal Government said 55 people have stolen from the nation to the tune of 1.34 trillion Naira between 2006 and 2013, more than a quarter of 2015 national budget.…
Investment Opportunities Available In This Bad Economy
The Nigerian Economy is currently in a tailspin and there is panic everywhere. Investors, both local and foreign are selling off their investments as fast as they can and cutting…
Nigerian Stocks Bleeding Red! As Over N300 Billion Is Lost Today
The Nigerian Stock Exchange continued its losing streak, as the All Share Index (ASI) shed 4.10% in today’s trading to close at 22,550.83. The 4.10% drop in the ASI index…
NLNG Purchases Another Ship, Takes Delivery of LNG Finima 11
One out of the six new ships, purchased by Bonny Gas Transport Limited, from South Korea, has arrived the country.Bonny Gas Transport Limited is one of the subsidiaries of The…
Once Upon A Time, The Government Controlled The Prices Of These 7 Commodities
Unbeknownst to a lot of Nigerians, particularly those born in the 90’s there was a time you could not sell a bicycle at a price of your choosing. You also…
Aliko Dangote Has A Million Dollar Plan For Nigeria’s Tomato Industry
Africa’s richest man, Aliko Dangote wants to revolutionize tomato production in Nigeria, with a giant factory that will boost domestic output, create jobs, and even, indirectly, fight insurgency in Northern…
11am: Nigerian Stocks Are Down 2.1% With N100b Lost In One Hour
Investors are not letting up the Nigerian stock market as the sell off has now continued from where it stopped. The index has now broken the N8tr support and is…