Business

This is a general business interest blog that spans across finance, economy, manufacturing, commerce and stocks locally and beyond.

May 6, 2018

California now world’s fifth largest economy, surpassing UK

California’s economy has surpassed that of the United Kingdom to become the world’s fifth largest, according to new federal data made public Friday. California’s gross domestic […]
May 5, 2018

Nigeria / China currency swap: Zenith, FBN, Stanbic, Stanchart Appointed Settlement Banks

 Zenith Bank Plc, First Bank of Nigeria Limited, Stanbic IBTC and Standard Chartered Bank (SCB) have been appointed the settlement banks for the $2.5 billion bilateral […]
May 4, 2018

EFCC traces 61 assets to ex-bank MD Cecilia Ibru in Dubai

The Economic and Financial Crimes Commission( EFCC) has traced 61 assets  to former Managing Director/Chief Executive Officer of Oceanic Bank Mrs. Cecilia Ibru in Dubai in […]
May 4, 2018

NERC to increase electricity tariff

The Nigerian Electricity Regulatory Commission (NERC) on Thursday stated that it would take another look at tariff computation in order to address the various concerns surrounding […]