Business

Freight: Nigeria loses $9bn to foreign ship owners annually, says NSC

Nigeria is losing about $9bn annually to foreign shipowners because the country has no single vessel that is involved in international freight services, the...

Lagerfeld’s Chanel made $11 billion in his last year

Chanel clocked up sales of nearly 10 billion euros ($11.1 billion) in its final year under the late designer Karl Lagerfeld, the French label...

Buhari Directs CBN To Blacklist Firms Importing Palm Oil, 42 Other Items

President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught smuggling or dumping any...

Nigeria earns $236bn from petroleum exports in five years

Nigeria, Africa’s top oil producer, earned a total of $236.15bn from petroleum exports over the last five years, a new report by the Organisation...

NCC awards N65m to 11 varsities for technology research

The Nigerian Communications Commission has awarded N65m grant to 11 universities to carry out technology research that would lead to technology products. The Executive Vice-Chairman,...

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