Business

Refineries poor performance, NNPC loses N48bn

Performance with respect to capacity utilization, Nigerian refineries are still doing poorly as an analysis of the latest monthly oil and gas sector report...

Make Payment with your face in China

Forget cash, credit cards or a smartphone -- customers can now settle the bill with their face thanks to new technology unveiled on Friday. Ant...

Ethiopian Airlines ready to acquire Arik Air

Indications have emerged that Ethiopian Airlines may soon take over Arik Air, which is currently being managed by the Asset Management Corporation of Nigeria. The...

Union Bank’s gets SEC’s approval over N50bn rights issue

Union Bank Plc has received approvals from the Securities and Exchange Commission to move forward on raising the N50bn tier 1 capital via rights...

Currency regulations, discouraging US investment in Nigeria– US Senator

American investors have held back their investment in Nigeria due to currency regulations according to the head of a United States of America’s congressional...

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