Nigerians lose N84m to xenophobic attacks in South Africa
The Nigerian Union in South Africa said on Saturday that Nigerians lost more than 4.6 million Rand (N84 million) to xenophobic attacks . The President of Nigerian Union in South…
Continental Re sees huge growth as Africa’s construction booms
Africa’s Continental Re plans to double premium income from its property and engineering business to $80 million over the next five years, as it bets on the continent’s infrastructure boom,…
Unpaid subsidy: oil marketers threaten to stop importation
The Major Oil Marketers Association of Nigeria (MOMAN) on Friday threatened to stop the importation of petroleum products over yet-to-be-paid N256 billion subsidy claim by the Federal Government. The Executive…
CBN to bar bad debtors from FX market
The Central Bank of Nigeria (CBN) has ordered banks to crack down on borrowers with non-performing loans (NPLs), adding that it would bar debtors from FX market. The move is…
Nigeria gets N886.5m disaster reduction grant from Japan
Asian giant, Japan, has provided Nigeria with $4.5 million (N886.5 million) grant to purchase disaster reduction equipment, a development which the Minister, National Planning Commission, Dr Abubakar Suleiman, said would…
My conversation with Buhari is in Nigeria’s interest, says Pres. Goodluck Jonathan
President Goodluck Jonathan, said on Friday that his meeting with the President-elect, Muhammadu Buhari at the Aso Rock Villa on Friday was to further their conversation on the wellbeing Nigeria.…