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TheCable

Business

Lagos refinery to start running in 2018, says Dangote

    Lagos refinery to start running in 2018, says Dangote

Dangote group, one of the most diversified business conglomerates in Nigeria, expects an oil refinery it is building in Nigeria to come on stream in late 2017 or the first half

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Multiple taxation ‘killing Nigeria’s transport sector’

    Multiple taxation ‘killing Nigeria’s transport sector’

Chidi Anyanegbu, the chairman of Chisco Transport Ltd., on Monday urged the federal government to reduce the multiple taxation imposed on transport operators in the country. Speaking in Lagos during an

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Nestle Nigeria: Expect lowest earnings growth in five years

    Nestle Nigeria: Expect lowest earnings growth in five years

Nestle Nigeria is headed for the lowest growth in both revenue and profit in five years this year based on the growth rate in the third quarter. The company has

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Unity Bank releases names of 111 bad debtors

    Unity Bank releases names of 111 bad debtors

Unity Bank Plc has made public the names of 111 customers with bad loans who have failed to come forward to fulfill their obligations to the bank. In a public notice

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FG rejects calls to print more naira

    FG rejects calls to print more naira

The federal government has rejected call by some Nigerians for the printing of more money into the system in view of

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NSE market indices record 2.51% growth

    NSE market indices record 2.51% growth

Trading on the Nigerian Stock Exchange (NSE) on Friday ended on a positive note as some blue chips recorded price

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NDIC pays insured depositors of deposit, microfinance banks

    NDIC pays insured depositors of deposit, microfinance banks

The Nigeria Deposit Insurance Corporation has paid a sum of N6.825 billion to 528,212 insured depositors of Deposit Money Banks

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2008 Bodo oil spills ’caused by Shell negligence’

    2008 Bodo oil spills ’caused by Shell negligence’

Emails, letters and internal reports submitted to a court in London have shown that Royal Dutch Shell had a forewarning

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FG to spend over N50bn on five FCT contracts

    FG to spend over N50bn on five FCT contracts

The Federal Executive Council (FEC) has approved over N50 billion for the execution of five contracts in the Federal Capital

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Jonathan unveils new N100 ‘centenary note’

    Jonathan unveils new N100 ‘centenary note’

President Goodluck Jonathan has unveiled the commemorative N100 banknote at the presidential villa, Abuja. The ceremony was earlier scheduled for last

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