Business

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Coca-Cola reports higher profits, lifting shares

Coca-Cola reports higher profits, lifting shares

Coca-Cola reported higher third-quarter profits Friday, citing solid sales of soda and innovative products like smaller drink cans that offset…
Nigeria’s business council completes 140 reforms in three years

Nigeria’s business council completes 140 reforms in three years

The Presidential Enabling Business Environment Council (PEBEC) has said it effected over 140 reforms geared towards making doing business easier…
MainOne submarine cable lands in Cote d’Ivoire

MainOne submarine cable lands in Cote d’Ivoire

Mainone has finally landed its submarine cable in Grand Bassam beach, Cote d’Iviore. This is the final leg of its…
Shareholders condemn N499b fine on 12 banks over loan breach

Shareholders condemn N499b fine on 12 banks over loan breach

Capital market shareholders have condemned the N499 billion fines slammed on 12 commercial banks by the Central Bank of Nigeria…
Exporters shun N13bn facility at NEXIM Bank

Exporters shun N13bn facility at NEXIM Bank

Nigeria Export-Import Bank (NEXIM), has revealed that over N13 billion of Federal Government’s credit intervention for export and Small and…
Absence of bid rounds in 12 years worsens revenue — Stakeholders

Absence of bid rounds in 12 years worsens revenue — Stakeholders

Except urgent steps are taken, indications are that the country could lose its place as a top oil and gas…
China opens N5.88 trillion new mega-airport

China opens N5.88 trillion new mega-airport

Chinese president, Xi Jinping, yesterday presided over the inauguration of a second international airport for Beijing with a terminal billed…
‘Why Nigeria must stop used cars from China’

‘Why Nigeria must stop used cars from China’

The Federal Government has been urged to halt the dumping of used cars from China to save the local auto…
FG reiterates plans to reduce stake in oil JVs to spur growth

FG reiterates plans to reduce stake in oil JVs to spur growth

  Minister of State for Petroleum Timipre Sylva has reiterated the Federal Government’s resolve to reduce its stake in the…
CBN spends N146bn to support 849,480 rice farmers, says Emefiele

CBN spends N146bn to support 849,480 rice farmers, says Emefiele

The Central Bank of Nigeria (CBN) says it spent N146 billion to support 849,480 wet and dry seasons rice farmers…
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