Rivers governor, Wike, challenges federal government to withdraw $500m from ECA for Ogoni clean-up as it did $1bn for insurgency in northeast
Nyesom Wike, the governor of Nigeria's oil-rich Rivers State, has asked the country's central government, through its ministry of environment to pull out $0.5 billion from its excess crude account (ECA) to implement the impending Ogoni clean-up, just the same way the President Muhammadu Buhari administration withdrew $1 billion from the ...
Read More
Read More
Nigerian Stocks
WORLD BUSINESS & ECONOMY
CEOs displeased on Trump polices, warn they hurt business, investment
14 hrs
55 views
From centre-stage in Davos last year, President Donald Trump told the world’s corporate bosses that America is a great place to
Moody’s projects higher economic growth rate for Nigeria than South Africa in 2019
January 16, 2019199 views
Finance
Nobel winner Robert Shiller says there’s still a risk of a full-blown bear market
13 hrs38 views
U.S. stock markets may have recovered slightly from sharp falls at the end of last year, but there’s still a risk of a
Markets
Active trading in Access Bank stocks as bank cancels EGM for rights issue approval
January 22, 2019110 views
Access Bank Nigeria Plc has cancelled its extraordinary general meeting (EGM) scheduled to take place February 1st, 2019 and expressed
Companies & Business
Why these Nigerian companies will inspire financial development in 2019
I dentified as success stories and having the potential to transform the African economy, the London Stock Exchange listed about 360
Energy, POWER & RENEWABLES
Russia says oil price war with U.S. would be too costly
Russia should not unleash an oil price war against the United States but rather stick with output cuts even at the cost of losing
COMMODITIES & AGRICULTURE
550,000 rice farmers to get soft CBN loans as ‘compensation’ following 2018 floods
January 15, 201991 views
The Rice Farmers Association of Nigeria (RIFAN) said the Central Bank of Nigeria (CBN) has approved compensation via loans for over
Commodities exchange targets N4.3 b revenue in first year revenues in first year
January 11, 2019141 views
Media,Technology & Innovation
China deletes 7 million pieces of online information, thousands of apps
China’s cyber watchdog said on Wednesday it had deleted more than 7 million pieces of online information as well as 9,382 mobile apps,
Manufacturing & Industry
Pfizer, Merck KGaA’s Bavencio takes a hit with second ovarian cancer failure
January 2, 2019244 views
Back in November, Pfizer and Merck KGaA reported that immuno-oncology drug Bavencio had failed a late-stage ovarian cancer trial. And
Novartis keeps promise, eyes new method for funding ultrapricey next-gen drugs
December 18, 2018425 views
Nigerian Bottling Coy plans doubling production to 75m units with new mega plant in Port Harcourt
November 15, 2018940 views
Nigeria Frontier Markets
Enugu pledges to improve its sub-national ease-of-doing business
January 17, 2019107 views
…as Ugwuanyi inaugurates neurosurgical health facility Enugu, Nigeria’s south-eastern sub-national state, with an estimated gross
Governance, Policy & Politics
Ihedioha promises conducive business environment, 135 industries in Imo State if elected
12 hrs54 views
By Dikachi Franklin in Owerri Emeka Ihedioha, former deputy speaker of the House of Representatives and governorship candidate of the
Kano invests N150bn in developing critical infrastructure, says governor Ganduje
January 17, 201995 views
Recent Posts
Comments
Marginal oil: Nigeria lessons for Angola
January 17, 2019
Ethiopia already is the ‘China of Africa’
November 28, 2018
Diversification agenda and emergence of a resilient economy
November 27, 2018
Their Tales; Not Their Silence
November 8, 2018
Special Investigations
business a.m. EDITORIAL
Analysis
Executive Knowledge
How luxury brands can combat Pop-Up fatigue
September 25, 2018
How Managers Can Curb Overconfidence
September 25, 2018
What Happens to Firms That Don’t Adopt Dominant Technologies?
September 11, 2018
How Fintech Is Transforming Microfinance
September 25, 2018
The Secret to Great Communication: Be Like Aristotle
September 25, 2018
What Happens to Firms That Don’t Adopt Dominant Technologies?
September 11, 2018
The Business Traveller
Tripoli’s Mitiga airport resumes operations after 2-weeks of closure
September 26, 2018
Hawaiian Airlines launching longest domestic US flight to Boston
September 14, 2018
Press Release
Muntaqa Umar-sadiq, CEO of Private Sector Health Alliance, is Eisenhower 2018 Fellow
October 1, 20181K views
Exchange Rates
| Date | Currency | Buy(₦) | Sell(₦) |
|---|---|---|---|
| 25/9/2018 | Dollar | 358 | 361 |
| 25/9/2018 | Euro | 415 | 420 |
| 25/9/2018 | Pound | 475 | 480 |
| 12/9/2018 | Dollar | 358 | 360 |
| 12/9/2018 | Euro | 410 | 415 |
| 12/9/2018 | Pound | 465 | 470 |
| 5/9/2018 | Dollar | 357 | 361 |
| 5/9/2018 | Euro | 410 | 416 |
| 5/9/2018 | Pound | 460 | 466 |
| 17/8/2018 | Dollar | 357 | 360 |
| 17/8/2018 | Euro | 405 | 412 |
| 17/8/2018 | Pound | 463 | 467 |
| 14/8/2018 | Dollar | 357 | 360 |
| 14/8/2018 | Euro | 408 | 416 |
| 14/8/2018 | Pound | 465 | 470 |
| 07/8/2018 | Dollar | 357 | 360 |
| 07/8/2018 | Euro | 409 | 414 |
| 07/8/2018 | Pound | 467 | 475 |
| 03/8/2018 | Dollar | 357 | 360 |
| 03/8/2018 | Euro | 412 | 418 |
| 03/8/2018 | Pound | 470 | 478 |
| 01/8/2018 | Dollar | 357 | 361 |
| 01/8/2018 | Euro | 413 | 418 |
| 01/8/2018 | Pound | 473 | 479 |
| 26/7/2018 | Dollar | 357 | 360 |
| 26/7/2018 | Euro | 413 | 418 |
| 26/7/2018 | Pound | 475 | 480 |
| 23/7/2018 | Dollar | 357 | 360 |
| 23/7/2018 | Euro | 415 | 420 |
| 23/7/2018 | Pound | 475 | 483 |
| 20/7/2018 | Dollar | 357 | 360 |
| 20/7/2018 | Euro | 415 | 420 |
| 20/7/2018 | Pound | 475 | 483 |
| 18/7/2018 | Dollar | 356 | 360 |
| 18/7/2018 | Euro | 414 | 418 |
| 18/7/2018 | Pound | 475 | 480 |
| 17/7/2018 | Dollar | 358 | 361 |
| 17/7/2018 | Euro | 414 | 418 |
| 17/7/2018 | Pound | 475 | 482 |
| 16/7/2018 | Dollar | 358 | 361 |
| 16/7/2018 | Euro | 414 | 418 |
| 16/7/2018 | Pound | 475 | 481 |
| 8/6/2018 | Dollar | 360 | 362 |
| 8/6/2018 | Euro | 415 | 421 |
| 8/6/2018 | Pound | 480 | 487 |
| 7/6/2018 | Dollar | 360 | 362 |
| 7/6/2018 | Euro | 415 | 422 |
| 7/6/2018 | Pound | 480 | 487 |
| 6/6/2018 | Dollar | 360 | 362 |
| 6/6/2018 | Euro | 417 | 420 |
| 6/6/2018 | Pound | 480 | 487 |
| 5/6/2018 | Dollar | 361 | 363 |
| 5/6/2018 | Euro | 418 | 420 |
| 5/6/2018 | Pound | 485 | 490 |
| 4/6/2018 | Dollar | 361 | 363 |
| 4/6/2018 | Euro | 418 | 420 |
| 4/6/2018 | Pound | 484 | 487 |
| 1/6/2018 | Dollar | 361 | 363 |
| 1/6/2018 | Euro | 416 | 420 |
| 1/6/2018 | Pound | 480 | 487 |
| 31/5/2018 | Dollar | 361 | 363 |
| 31/5/2018 | Euro | 423 | 426 |
| 31/5/2018 | Pound | 493 | 495 |
| 30/5/2018 | Dollar | 362 | 365 |
| 30/5/2018 | Euro | 423 | 428 |
| 30/5/2018 | Pound | 493 | 498 |
| 28/5/2018 | Dollar | 362 | 367 |
| 28/5/2018 | Euro | 425 | 430 |
| 28/5/2018 | Pound | 495 | 500 |
| 24/5/2018 | Dollar | 362 | 365 |
| 24/5/2018 | Euro | 425 | 430 |
| 24/5/2018 | Pound | 490 | 495 |
| 23/5/2018 | Dollar | 362 | 365 |
| 23/5/2018 | Euro | 425 | 430 |
| 23/5/2018 | Pound | 490 | 495 |
| 22/5/2018 | Dollar | 362 | 364 |
| 22/5/2018 | Euro | 423 | 430 |
| 22/5/2018 | Pound | 485 | 495 |
| 21/5/2018 | Dollar | 362 | 365 |
| 21/5/2018 | Euro | 425 | 430 |
| 21/5/2018 | Pound | 485 | 495 |
| 18/5/2018 | Dollar | 361 | 363 |
| 18/5/2018 | Euro | 425 | 428 |
| 18/5/2018 | Pound | 493 | 500 |
| 17/5/2018 | Dollar | 361 | 363 |
| 17/5/2018 | Euro | 425 | 430 |
| 17/5/2018 | Pound | 493 | 498 |
| 16/5/2018 | Dollar | 361 | 363 |
| 16/5/2018 | Euro | 425 | 430 |
| 16/5/2018 | Pound | 493 | 500 |
| 15/5/2018 | Dollar | 361 | 363 |
| 15/5/2018 | Euro | 425 | 430 |
| 15/5/2018 | Pound | 493 | 500 |
| 14/5/2018 | Dollar | 361 | 363 |
| 14/5/2018 | Euro | 427 | 430 |
| 14/5/2018 | Pound | 495 | 500 |
| 11/5/2018 | Dollar | 361 | 363 |
| 11/5/2018 | Euro | 425 | 430 |
| 11/5/2018 | Pound | 495 | 500 |
| 10/5/2018 | Dollar | 361 | 363 |
| 10/5/2018 | Euro | 427 | 430 |
| 10/5/2018 | Pound | 495 | 500 |
| 09/5/2018 | Dollar | 361 | 363 |
| 09/5/2018 | Euro | 430 | 435 |
| 09/5/2018 | Pound | 495 | 500 |
| 08/5/2018 | Dollar | 361 | 363 |
| 08/5/2018 | Euro | 432 | 435 |
| 08/5/2018 | Pound | 498 | 503 |
| 07/5/2018 | Dollar | 360 | 362 |
| 07/5/2018 | Euro | 430 | 437 |
| 07/5/2018 | Pound | 495 | 503 |
| 04/5/2018 | Dollar | 360 | 363 |
| 04/5/2018 | Euro | 436 | 442 |
| 04/5/2018 | Pound | 498 | 502 |
| 03/5/2018 | Dollar | 360 | 362 |
| 03/5/2018 | Euro | 440 | 443 |
| 03/5/2018 | Pound | 500 | 505 |
| 02/5/2018 | Dollar | 360 | 362 |
| 02/5/2018 | Euro | 440 | 443 |
| 02/5/2018 | Pound | 500 | 505 |
| 01/5/2018 | Dollar | 360 | 363 |
| 01/5/2018 | Euro | 440 | 443 |
| 01/5/2018 | Pound | 500 | 505 |
| 30/4/2018 | Dollar | 360 | 363 |
| 30/4/2018 | Euro | 440 | 443 |
| 30/4/2018 | Pound | 500 | 505 |
| 27/4/2018 | Dollar | 361 | 363 |
| 27/4/2018 | Euro | 440 | 444 |
| 27/4/2018 | Pound | 500 | 504 |
| 26/4/2018 | Dollar | 361 | 363 |
| 26/4/2018 | Euro | 439 | 443 |
| 26/4/2018 | Pound | 503 | 507 |
| 25/4/2018 | Dollar | 360 | 363 |
| 25/4/2018 | Euro | 442 | 444 |
| 25/4/2018 | Pound | 503 | 508 |
| 24/4/2018 | Dollar | 360 | 363 |
| 24/4/2018 | Euro | 440 | 444 |
| 24/4/2018 | Pound | 505 | 511 |
| 23/4/2018 | Dollar | 361 | 363 |
| 23/4/2018 | Euro | 440 | 444 |
| 23/4/2018 | Pound | 506 | 511 |
| 20/4/2018 | Dollar | 361 | 363 |
| 20/4/2018 | Euro | 440 | 443 |
| 20/4/2018 | Pound | 508 | 511 |
| 19/4/2018 | Dollar | 361 | 363 |
| 19/4/2018 | Euro | 441 | 444 |
| 19/4/2018 | Pound | 508 | 511 |
| 18/4/2018 | Dollar | 360 | 363 |
| 18/4/2018 | Euro | 440 | 444 |
| 18/4/2018 | Pound | 504 | 510 |
| 17/4/2018 | Dollar | 360 | 363 |
| 17/4/2018 | Euro | 442 | 445 |
| 17/4/2018 | Pound | 504 | 510 |
| 16/4/2018 | Dollar | 360 | 362 |
| 16/4/2018 | Euro | 442 | 444 |
| 16/4/2018 | Pound | 503 | 508 |
| 13/4/2018 | Dollar | 360 | 362 |
| 13/4/2018 | Euro | 440 | 443 |
| 13/4/2018 | Pound | 502 | 507 |
| 12/4/2018 | Dollar | 360 | 362 |
| 12/4/2018 | Euro | 440 | 443 |
| 12/4/2018 | Pound | 502 | 507 |
| 11/4/2018 | Dollar | 360 | 362 |
| 11/4/2018 | Euro | 442 | 444 |
| 11/4/2018 | Pound | 500 | 504 |
| 10/4/2018 | Dollar | 360 | 362 |
| 10/4/2018 | Euro | 438 | 445 |
| 10/4/2018 | Pound | 497 | 505 |
| 06/4/2018 | Dollar | 360 | 362 |
| 06/4/2018 | Euro | 438 | 445 |
| 06/4/2018 | Pound | 498 | 505 |
| 6/4/2018 | Dollar | 360 | 362 |
| 6/4/2018 | Euro | 442 | 443 |
| 6/4/2018 | Pound | 503 | 506 |
| 5/4/2018 | Dollar | 360 | 362 |
| 5/4/2018 | Euro | 442 | 443 |
| 5/4/2018 | Pound | 503 | 506 |
| 4/4/2018 | Dollar | 360 | 362 |
| 4/4/2018 | Euro | 442 | 444 |
| 4/4/2018 | Pound | 503 | 506 |
COMMODITIES
Interviews
Relish One CEO talks up lifestyle, concierge services, says they can boost tourism, FDI
January 14, 2019153 views
Nigeria has done fairly well on IFRS, but IFRS 9 is game changer for balance sheets of banks
December 31, 2018743 views
People & Places
Nigeria tops beneficiaries of Africa’s first cohort of research grants in climate change sciences
December 12, 2018425 views
Ihedioha promises conducive business environment, 135 industries in Imo State if elected