Food Crisis: Cost of healthy diet rises further — NBS Report
By Elizabeth Adegbesan Despite the moderation in inflation rate reported by the National Bureau of Statistics, NBS, the financial burden of feeding on Nigerian households may have intensified as the national average Cost of a Healthy Diet (CoHD) climbed to N1,541 per adult per in March 2026, about 4.4 per cent up from N1,477 in March […]
Investors lose N138bn on NSE
By Michael Eboh & Chinedu Ibeabuchi THERE was reversal of  fortunes in the Nigerian capital market last week, as investors lost N138.3 billion on their investment in the Nigerian Stock Exchange (NSE).
Standard Chartered Bank seeks closer ties with SMEs
IN its determined effort to spur the growth of the Nigerian economy , Standard Chartered Bank has indicated interest to partner with the Small and Medium Enterprises (SMEs) to make them vibrant and competitive in the international market.
Intercontinental Bank: Harnessing decades of customer loyalty to consolidate growth
One of the highlights of the Structural Adjustment Programme (SAP) was the liberalisation of the banking sector which occasioned the emergence of new banks and an upsurge in the number of banks in the country.
SON awards Oando Gas & Power ISO 2000 certification
By Yemie Adeoye OANDO Gas & Power,   pioneer of natural gas piping and distribution to industrial end- users and a subsidiary of Oando Plc announced that it had received the endorsement of the International Standard Organization (ISO) for its world class operations and service delivery with the award of the prestigious ISO 9001:2000 certification.
I am the Chairman of Miners Association of Nigeria, not Ekozin – Ojo
By Luka Binniyat AFTER finishing from  the College of Medicine Ibadan, in 1999, Dr. Kola Ojo decided to go into mining in the year 2000. He pitched his tenth in the city of Jos, Plateau State and started with a mineral called tantalite, and later progressed to mine gemstones. He invested heavily in gemstones, setting […]
Nipco set to expand oil retail business with 200 stations
THE Managing Director of Nipco plc, Girish Sanadhya has advanced reasons why the company embarked on massive retailing of petroleum products through its partnering service stations across the country under a novel branding scheme even as he explains.
Nigeria ’s oil industry defective, says Total boss
By Oscarline Onwuemenyi ABUJA -THE Chief Executive Officer of Total Worldwide, Mr. Christopher De Margerie, has urged the Nigerian authorities to fast-tract the reforms in the petroleum sector, even as he called for caution in its execution.
Agro-based economy still the best for the country-Amao
FOLLOWING the seeming failure of the federal government to improve the lot of its citizenry inspite of its 50 years of oil exploration and production an Agro-based economy has however been identified as a sure way to bring succor to the ordinary Nigerian.
Nigeria loses $1.5bn to foreign seafarers – NIMASA boss
THE dearth of skilled personnel to man vessels operating in the country has cost the nation about $1.5 billion as wages paid to foreign seafarers, mainly Filipinos, operating in the country.
Exxonmobil signs $190 million MoU with Acergy
MOBIL Producing Nigeria (MPN) a subsidiary of Exxonmobil and one of the major upstream operators in the Nigerian oil and gas industry has signed a memorandum of understanding (MOU) with Acergy, an oil serving firm for the revamping of three of its well-heads platforms offshore Nigeria in water depths of about 35 meters.
The contract which is valued at about 190 million dollars is said to also include an option exercisable by MPN for up to five further platforms
