•Recovers $1.99b debt from IOCs

THE Nigeria Extractive Industries Transparency Initiatives (NEITI) has recovered that about $1.99 billion (N316 billion) from International Oil Companies (IOCs) and paid into the Federation Account since its...

EXCEPT telecommunications service providers take urgent steps to address the persistent sharp decline in service quality, they risk the Nigerian Communications Commission (NCC) sanctions, The Guardian has learnt.

Besides, the National Association...

STAKEHOLDERS in the telecommunications sector have lamented what they described as huge Internet transmission cost in Nigeria.

This is coming on the heels of the presence of about four sub-marine cables put at about N347 billion in the country...

ORGANISATION of Petroleum Exporting Countries (OPEC) has attributed the current global crude oil price volatility to continued uncertainty, stemming from the slow pace of global economic growth, continued Euro-zone debt crises, high unemployment...

Stephan Botha, until recently, was the Managing Director of Integrated Cash Management Services (ICMS) in Nigeria. Before leaving the country for South Africa at the end of his tenure, he spoke with Business Editor, ADE OGIDAN. Excerpts:

YOU...

Mr. Tim Hinton is the Global Head, Small and Medium Enterprises Banking at Standard Chartered Bank. He came to Nigeria as part of his oversight functions and had a chat with CHIJIOKE NELSON on the bank’s strategy to boost Nigeria’s economy...

MIDYEAR in 2007, the analysis  available from usually  redoubtable sources disposed that Nigeria would need to produce a Gross Domestic Product  in the range of US$570 billion  by year 2020 to qualify as one of the 20 largest...

STRINGENT punishment for offenders, application of modern technology and the use of electronic surveillance devices, have been identified as measures capable of tackling pipeline vandalism in the country.

Stakeholders at 2013 Petroleum Downstream...

DR. DOYIN Salami, a faculty member of the Lagos Business School and member of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has identified inadequate business know-how as a major reason for banks’ unwillingness to lend...

DHL Express, a division of Deutsche Post DHL, has described its innovative Certified International Specialists (CIS) and development programme as a major factor driving its growth in African market.

The programme, which is delivered to every...

MEMBERS of the House of Representatives Committee on Finance are bent on determining the actual amount paid as tax by each of the 21 banks in the country, from 2008 to 2012, and ascertain whether, or not, remittances were made in accordance with...

I SPENT the first one year of my working life in Nigeria.  The other twenty three have been spent in the UK.  I was pretty young when I worked in Nigeria, and it was so brief, it did not leave any lasting impressions.  I have been...

SATISFIED with the bank’s performance, the Nigeria Police Force (NPF) Micro-Finance Bank shareholders have hailed the 10 kobo dividend payment approved by the bank’s board of directors, saying that the bank has out-paid and outperformed...

Artisans Accuse Govt, China Of Killing Enterprise

Use Stoves As Heating Machines

ABA shoemakers are crying wolf; their grouse being that the business, which once made the Ariara market an African destination for footwear buyers, is being...