NLNG Purchases Another Ship, Takes Delivery of LNG Finima 11
One out of the six new ships, purchased by Bonny Gas Transport Limited, from South Korea, has arrived the country.Bonny Gas Transport Limited is one of the subsidiaries of The…
Nigerian Stocks Bleeding Red! As Over N300 Billion Is Lost Today
The Nigerian Stock Exchange continued its losing streak, as the All Share Index (ASI) shed 4.10% in today’s trading to close at 22,550.83. The 4.10% drop in the ASI index…
Once Upon A Time, The Government Controlled The Prices Of These 7 Commodities
Unbeknownst to a lot of Nigerians, particularly those born in the 90’s there was a time you could not sell a bicycle at a price of your choosing. You also…
Whatsapp Cancels Subscription Fees With Immediate Effect
WhatsApp founder, Jan Koum has announced that the company is dropping the service’s annual subscription fee in an effort to remove the barriers some users faced in using the service.…
This Arab Billionaire Will Invest In Nigeria’s Oil, Gas, Power, Others
Arab Billionaire, Sheikh Abdullah Ahmed Al Ghurair, has indicated interest to invest in major sectors of Nigeria’s economy.This ofcourse is a booster for Nigeria’s direct foreign investment, Daily Trust reports.Director,…
India Has Doubled Its Crude Oil Purchase From Nigeria
India says it has doubled its annual oil purchase deal with Nigeria for 2015/16 to 60,000 bpd. Chairman of Indian Oil Corporation, B. Ashok made this statement recently, Reuters reports.This…
Jonathan Ran Our Economy Like Idi Amin – Soludo.
Professor Charles Soludo is in the news again and this time he has gone after the ex President Goodluck Jonathan. Here is an excerpt of what he just said about…
Here Are 10 Things Happening In The World Of Business Today
1.Brent Crude Is Still Diving:After hitting a 12 year low last week at $27.67 a barrel, Brent Crude is showing no signs of recovering this week. 2.Royal Dutch Shell Boss…
BOOM: FCMB Announces Results Will Be Bad
Pix: From Bloomberg FCMB Group has issued it’s long awaited profit warning advising investors that earnings will be materially bad. Here is an excerpt of the statement with focus on…
11am: Nigerian Stocks Are Down 2.1% With N100b Lost In One Hour
Investors are not letting up the Nigerian stock market as the sell off has now continued from where it stopped. The index has now broken the N8tr support and is…