Business

President Muhammadu Buhari will Today, participate in high level meetings on refugees and migrants issue in the 71st session of UN General Assembly (UNGA) in New York. This information is on the twitter page of the president’s Special Adviser on Media and Publicity, Mr Femi Adesina. Adesina revealed that the …

The World Bank has set aside $500 million as grant to fund basic education in five states for five years, Mrs Helen Okoro, the Information Officer, Universal Basic Education Commission, has said. Okoro, in a statement in Abuja on Thursday, credited Dr Olatunde Adekola, Head, World Bank International Reconstruction and …

The presidency on Thursday said it had approved an external borrowing plan after the cash-strapped African economy plunged into official recession. “Low cost, long-term loans (1.25% interest, 20yr tenor)” would be sought from the World Bank, African Development Bank, China’s Exim Bank and the Japan International Cooperation Agency, it announced. …

The organised private sector, comprising manufacturers and small businesses in the country, Tuesday, stated that the policies of the Federal Government and the Central Bank of Nigeria, CBN, are killing businesses in the country, while they stated that due to the unfavourable policies, businesses have refused to repatriate about $10 …

The Central Bank of Nigeria, CBN, yesterday, ordered Authorised Dealers (banks) to allocate 60 per cent of their total Foreign Exchange, forex purchases from all sources (interbank inclusive) to manufacturers and 40 per cent to other users for the purpose of trade and other obligations. CBN Governor, Mr Godwin Emefiele …

Pep Guardiola extended his 100 per cent start as Manchester City manager as Sergio Aguero’s brace and a late double from Nolito secured an impressive 4-1 win at Stoke on Saturday. City’s away form last season undermined their efforts to regain the Premier League title with just four wins from …

Tourists who suffer from vertigo need not apply. The world’s highest and longest glass-bottomed bridge opened Saturday in China’s spectacular Zhangjiajie mountains — the inspiration for American blockbuster Avatar. Some 430 metres (1,400 feet) long and suspended 300 metres above the earth, the bridge spans the canyon between two mountain …

Oil prices rose on Thursday with Brent briefly topping $50 thanks to a weaker dollar and a drop in US crude stockpiles, traders said. Brent North Sea crude reached $50.05 a barrel — breaching $50 for the first time since early last month. Later around 1230 GMT, Brent North Sea …

The Niger Delta Avengers on Thursday threatened that it will declare a Niger Delta Republic on October 1 should President Muhammadu Buhari fails to restructure the country. It also said the group is praying for the Buhari-led federal government to discover oil in commercial quantity in the northern part of …

ANOTHER host community to Chevron Nigeria Limited, CNL, Benikrukru , Gbaramatu Kingdom, Warri South-West Local Government Area in Delta State, Wednesday, gave the company a seven-day ultimatum to address the marginalization of the community in the areas of contracts, employment and corporate social responsibility, CSR. “In the light of the …