Protesters Block Chevron Depot In Delta

August 11, 2016
On Thursday, August 11, 2016, some villagers staged a demonstration outside a Chevron facility in Delta State. The protesters demanded for better attention from the company as well as placements in Chevron. During the protest, personnel of the Nigerian military were deployed to forestall any breakdown of law and order. The demonstrators, mainly from Ugborodo village in Delta State, stayed

Old Mutual Seals $700m Investment Deals In Nigeria

August 12, 2016
The dwindling Nigerian economy is expected to receive a huge boost with the pumping of about $700 million into it. It is no longer a secret that the economy is struggling and businesses in Nigeria finding it very hard to survive, including citizens. An Anglo-South African financial services firm called Old Mutual has declared its intention to invest in the

CMB Partners Foreign Firm On Affordable Housing

August 14, 2016
In a bid to make houses affordable to Nigerians, one of Nigeria’s leading real estate companies, CMB Building Maintenance and Investment, has joined forces with a foreign company to make this dream come true. Business Post was reliably informed that CMB has concluded a record breaking mutually beneficial transactional agreement by inviting a dynamic Polish company, Vertical Design & Build

Pension Funds Key To Nigerian Economy—PenCom DG

August 14, 2016
Director General of the National Pension Commission (PenCom), Mrs Chinelo Anohu-Amazu, has stressed the importance of pension in the Nigerian economy. Speaking at the 17th annual lecture of the Catholic Brothers United (CBU) in Lagos, Mrs Anohu-Amazu said the role of pension to the economy of a country can never be overlooked. The PenCom boss, who was at the occasion

FG Engages Experts On GMOs

August 15, 2016
As part of efforts to protect Nigerians, especially in terms of food they consume, the Federal Government has organised a one-day programme to get informed views on Genetically Modified Organisms (GMOs). The interactive session is being put together by the Federal Ministry of Environment in collaboration with the Ministries of Agriculture & Rural Development and Science & Technology. Business Post
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Tether Launches USDT, XAUt Tokens on The Open Network

April 19, 2024
By Aduragbemi Omiyale A notable company in the digital asset industry, Tether, has launched its tokens, the USDT and XAUT on The Open Network (TON). The introduction of USDT and XAUT on TON will facilitate seamless value transfer between users on its ecosystem and other blockchain networks, allowing a swift, secure, and cost-effective process. With Tether’s launch of the tokens,

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95 million Nigerians Yet to Enrol for NIN—NIMC

By Adedapo Adesanya The National Identity Management Commission (NIMC) has said 95 million Nigerians are yet to enrol for the National Identification Number (NIN), as it strives to meet the 200 million target by 2025. This was revealed by the Head of
April 16, 2024
naira street value

Naira Now N1,136/$1 Amid Persistent Inflationary Pressures

By Adedapo Adesanya The Naira appreciated further against the United States Dollar by 0.6 per cent or N6.34 at the Nigerian Autonomous Foreign Exchange Market (NAFEM) segment of the foreign exchange (FX) market on Monday, April 15, trading at N1,136.04/$1 compared with
April 16, 2024
oil prices fall

Oil Prices Slip as Iran Attack on Israel Concerns Ease

By Adedapo Adesanya Oil prices slipped on Monday after Iran’s weekend attack on Israel proved to be less damaging than anticipated, easing concerns of a quickly intensifying conflict that could affect the crude market. Brent futures settled at $90.10 a barrel, down
April 16, 2024
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