Business Nigeria

Samsung Electronics, an international electronics company, on Monday identified lack of relevant skills and non-availability of jobs for its teeming population as factors contributing to Nigeria and other African countries’ unemployment.…

To lead the growing beer market in the country, Guinness Nigeria Plc said it has invested N52 billion in its operation in the last five years. Peter Ndegwa, the company's Chief Executive Officer said that the company spent on new…

President, African Securities Exchanges Association (ASEA), Oscar Onyema, said exchanges across Africa have collectively traded over $325 billion in equities market in 2015. Oscar further disclosed that African exchanges have traded $1.2…

Stanbic IBTC Money Market Fund crossed the N50billion mark in Net Assets value, becoming the first-low risk open-ended mutual fund to achieve such in West Africa. The Stanbic IBTC Money Market Fund (SIMM), managed by Stanbic IBTC Asset…

The Federal Ministry of Industry, Trade and Investment and the National Sports Commission are setting up a joint inter-Agency body to explore all avenues of benefitting from $800 billion annual global sports revenue. This was part of the…

President Muhammadu Buhari gave an assurance Tuesday in Abuja that his administration will honour all international trade agreements that will directly improve the living conditions of Nigerians. Speaking at an audience with the outgoing…

The Presidency has denied reports that the Excess Crude Account has been liquidated and used as Presidential relief package for states and local government. The excess crude account is still intact, and will be left untouched at this…

The Central Bank of Nigeria (CBN) yesterday raised concerns over the increasing trafficking of huge sums of foreign currency across its borders -contrary to legal provisions. The CBN said this practice is in defiance of the extant…