BUSINESS
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NBS says Nigeria’s capital importation hits $6.30m in Q1
The National Bureau of Statistics (NBS) says Nigeria’s capital importation in the first quarter stood at 6,303.63 million dollars. The…
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CBN injects fresh $210m into forex market
The Central Bank of Nigeria (CBN) has injected a fresh whooping sum of $210 into the market to boost the…
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Analyst fears Currency Swap deal may stifle Nigerian economy
Financial analysts have expressed concern that the currency swap deal recently signed by the Central Bank of Nigeria (CBN) and…
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Active mobile lines in Nigeria hit 149m in March- NCC
The Nigerian Communications Commission (NCC) says active mobile phone lines in the country rose from the 148 million in February…
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Nigeria, others to get AfDB’s support on industrial policy
The African Development Bank (AfDB) says it will support five countries with industrial policies to help boost development in the…
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Forte Oil to quit Ghana operation, sell Nigerian assets
Forte Oil has said it plans to sell its upstream services and power businesses in Nigeria and divest from Ghana…
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China, Nigeria seals $2.35bn currency swap agreement
China’s central bank on Thursday said that it has inked a currency swap agreement with its counterpart in Nigeria. The…
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Facebook plans to launch new dating service
The founder of Facebook, Mark Zuckerberg on Tuesday announced that the world’s largest social network will soon include a new dating feature…
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Samsung Electronics Q1 profits soar by 50%
South Korean telecoms giant Samsung Electronics has revealed that its first-quarter net profits jumped by more than half thanks to…
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Google introduces new features for Gmail users
Google has introduced new features for Gmail users which includes several new features designed to increase productivity and more security.…
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