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Nigeria’s Shoreline in $530 Million Deal to Boost Oil Output

Financing to come from oil trader Vitol, local lenders Shoreline plans to raise production to as much as 100,000 b/d Shoreline Group, a Nigerian oil producer,...

Global bank seen focus on growth, digitisation, innovation to make profits in 2018 –...

Banks in Nigeria and across the world are expected to shift priorities towards growth, digitalisation, and innovation as top priorities in 2018 to be...

Stanbic IBTC target youths with inaugural Youth Leadership Series

Nigeria’s leading one-stop financial services provider, Stanbic IBTC, a member of Standard Bank Group, has said it plans to deepen financial and entrepreneurial...

Access Bank approves paternity leave for male employees

Surrogate, adoptive mothers also recognised Starting January 2018, male employees of Access Bank Plc can take advantage of an enhanced parental leave policy that...

UBA, GTBank, others meet over dividend payment

The boards of directors of United Bank for Africa (UBA) Plc, Guaranty Trust Bank (GTBank) Plc, Zenith Bank Plc, Continental Reinsurance and many other...

Phase3 denies owing FG N27.2bn over fibre optic agreement

ABUJA, January 2018: Independent fibre optic infrastructure and telecommunications services provider - Phase3 Telecom has firmly refuted wrong allegations that it and Alheri...

The Big Read

By Professor Ben Nwabueze Viewed simply as a physical entity encompassing 75 per cent of the territorial area of the state called Nigeria and 60 per cent of its population, a united Northern Nigeria poses no necessary incompatibility with the unity of the country. The incompatibility lies not so much in the physical characteristics of...
Simple economics explains why the U.S. can accept many more migrants from poorer countries. President Donald Trump decried Thursday that the U.S. was not taking in enough immigrants from Norway, and accepting too many arrivals from Haiti, El Salvador and Africa, combined with some flowery language I would prefer not to reproduce. There has been a vociferous emotional reaction...

OIL & COMMODITIES

GLOBAL PROPERTY SPOTLIGHTS

PERSONAL FINANCE

TECHNOLOGY

RESEARCH & ANALYSIS

Tax Policy on SMEs in Nigeria – How Fair?

Small and medium enterprises (SMEs) are the bedrock of the Nigerian economy. They serve as an important source of employment generation, economic dynamism, competition...

Funding Rates remain elevated as the CBN maintains its FX and OMO T-bill Interventions

Bonds The bond market was relatively quiet today, with some sell on the 2027s bond taking yields slightly higher by 2bps across the curve. Average...

Nigeria’s economy:Another Small Step Forwards For Growth

The NBS has released the national accounts for Q3 2017 to show an acceleration in growth from an upwardly revised 0.7% in the previous...

The Future Of Money

Bitcoin Slides To $10,000, Half Its Peak Price

Independent Nigeria Home Business BusinessLatest News Bitcoin Slides To $10,000, Half Its Peak Price By Anthony Ogbo - January 17, 2018 013 Bitcoin Bitcoin skidded...

Cryptocurrency may be getting quietly channeled to North Korea university: report

SEOUL (Reuters) - A cybersecurity company said it has found software that appears to install code for mining cryptocurrency and sends any mined coins...

Bitcoin price is a distraction, says big technology investor

Silver Lake’s Glenn Hutchins is more excited about opportunities in cryptocurrency system The rollercoaster ride of the bitcoin price captivated many in the finance industry...

DEAL OF THE WEEK

BUSINESS

HEALTH + FITNESS

EDUCATION

WORLD

RELIGION

Gov. Okorocha: Of Tyranny And Discontent

By Chido Onumah A very significant event—a peaceful mass protest against the mis-governance and mindless plunder of Imo State by Mr. Rochas Okorocha—took place in...

Gains, Pains of Real Estate Joint Ventures

By Anita Mba My first Joint Venture (JV) lesson happened on the job a couple of years ago, I witness a JV meeting for...

Benue killings :No pasaran !

By Yinka Odumakin IF the revelations of Mr. Samuel Ortom,Governor of Benue State, when the Senate Ad-hoc Committee on Security visited the latest...

GLOBAL ENTREPRENUERS

Almost nowhere on earth is football followed as passionately as in Africa. It is loved by Africans from all walks of life across the continent. This week, I am giving the opening address at the Confederation of African Football (CAF) Awards in Accra, Ghana. This has afforded me a good opportunity to reflect on Africa’s relationship with football and...