Business

Interest rate increase may not reduce Nigeria’s inflation — Fitch

The decision by the Central Bank of Nigeria to raise the main policy interest rate sharply in May is not…

4 years ago

Electricity operators not delivering set targets to face penalties, Nigerian govt says

The Nigerian government has said that electricity companies that fail to deliver assigned volumes will face penalties under newly agreed…

4 years ago

Bugatti thrills customer with $10m Centodieci delivered four years after

One of Bugatti’s rarest pieces of automotive excellence has finally come to fruition. It is Bugatti Centodieci. The anticipation period,…

4 years ago

Just in: Terrorists shot abducted Abuja-Kaduna train passenger

A kidnapped passenger of the Abuja-Kaduna train has been shot by terrorists and is critically wounded. Tukur Mamu, the publisher…

4 years ago

Weststar: Our dealers are lifeblood of Mercedes-Benz in Nigeria

Weststar Associates Limited says it remains committed to its dealers in Nigeria and will continue to do business with them.…

4 years ago

FG generates N200bn, $7m from 161 marginal oil fields licences

The Nigerian Upstream Petroleum Regulatory (NUPRC) says the 2020 marginal field bid round exercise generated about N200 billion with additional…

4 years ago

NAICOM revokes licences of Niger Insurance, Standard Alliance, appoints liquidators

The National Insurance Commission (NAICOM) has revoked their licences of Niger Insurance Plc and the Standard Alliance Insurance after failing…

4 years ago

As Mercedes cuts dealerships, Nigerian traders may be axed

There is uncertainty over the fate of some Mercedes-Benz dealers in Nigeria operating through Weststar Associates Limited (the authorized distributor…

4 years ago

Latest seven-seater Range Rover SV unveiled for Nigerian market

Coscharis Motors has rolled out the all-new Range Rover SV, a seven-seater, for the Nigerian market. The unveiling of the…

4 years ago

SERAP sues Buhari over alleged missing N11tn electricity fund

President Muhammadu Buhari has been dragged to court by the Socio-Economic Rights and Accountability Project (SERAP) for allegedly failing probe…

4 years ago