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Ecobank sacks 1,000 bankers

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Ecobank Nigeria Limited has sacked some of its staff just as the it announced the conversion of over 200 outsourced personnel to permanent employees.The...

VP Osinbajo to represent Buhari in Ogoniland

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President Muhammadu Buhari will not be going to Ogoniland, Rivers State, for the much publicised Niger Delta Clean Up afterall.He will be represented by...

Nigeria oil min: OPEC open-minded, Nigeria’s output back up to 1.6...

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The oil minister Emmanuel Ibe Kachikwu said on Thursday he saw "open-mindedness" in the OPEC meeting, but did not know what the outcome would...

Buhari cancels visit to Niger Delta

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President Muhammadu Buhari has cancelled at the last minute a visit planned for Thursday to the oil-producing Niger Delta, which has been hit by...

Gov. Emmanuel orders ExxonMobil to clean up oil spill

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The Youths’ President, Ibeno Communities, said that Gov. Udom Emmanuel of Akwa Ibom, has ordered ExxonMobil to clean up the oil spill that occurred...

Automotive Council targets 40% local content development

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The National Automotive Design and Development Council (NADDC) says it is targeting 40 per cent local content development in the automotive sector within the...

Expert calls for innovative insurance products for informal sector

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An insurance expert, Mr Mufutau Oyegunle, has advised insurance firms to design innovative products that would appeal to operators in the informal sector. Oyegunle, the...

Index provider FTSE Russell to review Nigeria “frontier” status

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FTSE Russell said on Wednesday it would assess the status of Nigerian equities in its "frontier" markets index during its annual review in September. "The...

FG to meet investors next week ahead of possible bond sale...

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FG will hold a non-deal roadshow in London next week, government sources said on Wednesday, as Africa's biggest economy explores fund-raising options to finance...

Synagogue: Lagos court fixes engineers’ trial for June 3

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An Ikeja High Court has fixed June 3 for the trial of the two engineers who constructed the collapsed seven-storey guest house of the...