Author: businessTimes
Dragon Oil, a subsidiary of Dubai’s Emirates National Oil Company (ENOC), plans to invest about $500 million next year in oil and gas assets as part of an international expansion strategy, its chief executive told ...
Mr Peter Amangbo, the Managing Director of Zenith Bank, says the bank will continue to support efforts geared toward closing the digital skill gaps in the country. Amangbo made this commitment at the 2018 Microsoft ...
Snap Inc (SNAP.N) on Wednesday announced new scripted shows for its photo messaging app Snapchat which will launch this fall. The company also struck partnerships with Hollywood production companies and writers in hopes of reversing ...
The bears continued to dominate trading on the nation’s bourse on Wednesday with the market capitalisation extending loss by N12 billion amid political uncertainties. The News Agency of Nigeria (NAN) reports that the market capitalisation ...
The euro steadied near $1.15 and away from seven-week lows on Wednesday as a fall in U.S. Treasury yields took some steam out of the dollar’s recent run. Rising Treasury yields and concern about the ...
Oil prices slipped on Wednesday after the IMF lowered its global growth forecasts, but markets were supported as Hurricane Michael moved toward Florida causing the shutdown of nearly 40 per cent of U.S. Gulf of ...
Pound Sterling hit a new 3-1/2 month high versus the euro and added to gains against the dollar on Wednesday on optimism that Britain and the European Union can agree a Brexit deal soon. Britain’s ...
The International Monetary Fund (IMF) has urged Nigeria to prioritise and embark on infrastructural projects that would boost the economic growth of the Nation. Mr Paolo Mauro, Deputy Director, IMF Fiscal Affairs Department, said this ...
Mr Udoma Udo Udoma, the Minister of Budget and National Planning, says the Federal Government has so far released N460 billion from the 2018 Budget for capital projects. The minister said this on Wednesday, while ...
Edo Government says it is planning to introduce the use of scratch cards as a mode of collecting revenues in the transport sector, to eliminate revenue diversion and ensure transparency. The Deputy Governor, Mr Philip ...
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