Nigeria’ll not be Africa’s warehouse, but Africa’s workshop — Tinubu
By Yinka Kolawole President Bola Tinubu has declared that Nigeria will no longer be content with exporting raw materials and importing finished products, saying the country is determined to become Africa’s industrial workshop. Tinubu, who was represented by the Minister of State for Industry, Sen.John Enoh, spoke at the 6th Adeola Odutola lecture and Presidential […]
Tanker drivers explain suspension of strike in Rivers
The Petroleum Tanker Drivers, PTD, branch of the National Union of Petroleum and Natural Gas, NUPENG, said it has directed its members currently on strike to suspend the two-week industrial action following the intervention of some relevant authorities.
Angola to overtake Nigeria as highest crude producer by 2016
Angola will overtake Nigeria as the largest crude oil producing country in Africa by 2016, the International Energy Agency, IEA, declared yesterday.
Access Bank records N42.2bn profit in 9 months
Access Bank Plc has recorded a profit of N44.2 billion for the nine months ended 30 September 2014 based on improved efficiency, rising market share and strong risk management practices.
Stanchart-Premise Price Tracker reveals downward trend in prices
The newly introduced Standard Chartered-Premise Consumer Price Tracker (SC-PCT) has revealed a downward trend in consumer prices between August and September.
LAPO increases access to finance with AfDB’s $12m credit
LAPO Microfinance Bank (MfB) has said that the reason behind the $12 million (N1, 980,000,000) African Development Bank’s (AfDB) Line of Credit (LoC) granted it is to increase access to finance for small business owners especially women.
