Nigerian bank reforms boost efforts to mitigate impact of financial crisis
New bank reforms are designed to boost efforts to mitigate the impact of the financial crisis that has seen stock markets around the world stumble. 20 Nov 2008 07:35
Nigeria: Under-development continues to fuel oil theft
ABUJA: Crude oil smuggling continues unabated in the Niger Delta in southern Nigeria, spurred by chronic under-development, a disaffected youth, and increasing lawlessness. 18 Nov 2008 11:47
New internet virus destroys 500,000 online bank accounts in Nigeria
A new internet virus, code-named Trojan, is reported to have infected and destroyed more than 500,000 online bank accounts and affected several thousands credit cards in Nigeria, South Africa and some countries in the developed world. 17 Nov 2008 10:53
Nigerian property prices rocket
Property prices rise 150% despite stock market meltdown. 4 Nov 2008 11:41
Bankers dominate Nigeria BusinessWorld 100
United Bank for Africa has emerged Nigeria's largest company with an asset base of N1191.04 billion. To arrive at the results, the companies quoted on the Nigerian Stock Exchange were assessed and ranked based on their assets, shareholders' funds, gross income, profit, employee population and market value, using their 2007 financial reports. 23 Oct 2008 09:48
Zain commissions fixed phones in Nigeria's south-south region
Zain Nigeria has commissioned Fixed Phone in the country's south-south region. The service is designed to provide more Nigerians, particularly low income earners in both urban and rural areas including students, travellers, and artisans, with access to telecommunications. 14 Oct 2008 07:57
Group seeks probe of ‘smoking' parties
The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) yesterday, 14 August 2008, urged the federal government to investigate on-going ‘Experience Freshness' secret parties being organised by the British American Tobacco Nigeria to promote its Pall Mall cigarette brand. 15 Aug 2008 15:01
High import tariffs holds up growth
[Michael Appel] High import tariffs, trade barriers and a culture of protectionism impedes economic growth, says Department of Trade and Industry Director General Tshediso Matona. 28 Jul 2008 12:35
Emergency rice import for Nigeria cancelled
A decision by the Nigerian government to reverse an earlier decision to import 50,000 metric tonnes of rice from Thailand to ease supply pressures on rice in Africa's most populous country was met with mixed reactions. 19 May 2008 14:41
Toxic grain threatens Nigerian food security
The hospitalisation of 116 girls after consuming beans sprayed with harmful pesticides at a secondary school in northern Nigeria's Gombe State on 18 April has raised concerns about how dry foods are stored all around the country. 16 May 2008 12:42
Bread strike threatens food supply
Supplies of bread have dwindled in Lagos and other cities across Nigeria since 5 May when the Association of Master Bakers and Caterers of Nigeria went on a nationwide strike over the rising price of flour and other raw materials. 6 May 2008 16:22
Nigeria plans rice imports
Nigeria's government has announced it will import 500,000 tonnes of rice up to a value of US$600 million to curtail the effect of the global rise in food prices on Nigeria. 5 May 2008 10:18
Nigeria: Cadbury sees strong rise in sales
Cadbury Schweppes has reported 7% growth in confectionery sales for the three months to March. 14 Apr 2008 14:16
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