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Category: Business

Business

ExxonMobil partners NGO, NBA on youth development in Nigeria

Iheanyi Ejiofor September 28, 2018

ExxonMobil says it is partnering with National Basket Ball Association (NBA) and other partners on `Power Forward Project’ to ensure youth development in Nigeria and Africa at large. Mr Nigel…

Read More ExxonMobil partners NGO, NBA on youth development in Nigeria
Business

Coca-Cola threatens legal action against Norwegian soda producer- report

Iheanyi Ejiofor September 25, 2018

The Coca-Cola Company has threatened to sue O. Mathisen AS, Norwegian local producer of soda “Jallasprite’’, local media, Vart Oslo, reported on Tuesday. The Coca-Cola Company, which owns the drinks…

Read More Coca-Cola threatens legal action against Norwegian soda producer- report
Business Economy headline

CBN keeps interest rate at 14%, warns that exit from recession may be under threat

Iheanyi Ejiofor September 25, 2018 headline

Chidi Samuel|| The Central Bank of Nigeria (CBN) monetary policy committee (MPC) on Tuesday retained the monetary policy rate at 14 percent at the end of its 23rd meeting that…

Read More CBN keeps interest rate at 14%, warns that exit from recession may be under threat
Business Economy headline

NNPC denies it has $470.5 million, N8 billion hidden in banks

Iheanyi Ejiofor September 22, 2018 headline

Ebun Francis| The Nigerian National Petroleum Corporation, (NNPC) on Friday dismissed as “misleading” Thursday’s disclosure by Nigeria police that it recovered about $470.5 million and N8 billion of NNPC funds…

Read More NNPC denies it has $470.5 million, N8 billion hidden in banks
Business Economy

CBN injects N786bn into Polaris Bank, assures depositors of defunct Sky Bank

Iheanyi Ejiofor September 22, 2018 headline

Ebun Francis| Following the revocation of the operating licence of Sky Bank plc on Friday by the central bank of Nigeria (CBN) and its take over by Polaris Bank Limited,…

Read More CBN injects N786bn into Polaris Bank, assures depositors of defunct Sky Bank

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