Business

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

March 14, 2019

Take over operation of OML 11 from Shell, Buhari orders NNPC

President Muhammadu Buhari has ordered the Nigerian National Petroleum Corporation to take over the operatorship of the entire Oil Mining Lease 11 from Shell Petroleum Development […]
March 13, 2019

EFCC Reopens Erastus Akingbola’s 10-Year-Old Fraud Trial

The Economic and Financial Crimes Commission (EFCC) has reopened before the Federal High Court in Lagos, the 10-year-old fraud trial of Dr Erastus Akingbola, a former […]
March 13, 2019

Zenith Bank, GT Bank rake in over N30 billion from Electronic Business fees

Two of Nigeria’s biggest banks, Zenith Bank and GTBank, reported record-high profits of N193 billion and N184.6 billion (respectively) for the fiscal year ended December 2018. […]
March 13, 2019

Farewell to GDP as only performance indicator

THE NATIONAL BUREAU OF STATISTICS will centralize the checking and computation of the gross domestic product of provincial-level regions this year, and halt the conventional practice […]
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