TheCapital

Business

Oil production rises to 2.07m barrels per day

    Oil production rises to 2.07m barrels per day

Nigeria’s oil production, including condensates, increased to 2.07 million barrels per day (bpd) last month from 2.02 million bpd in March. It rose by 11 per cent from the level

0 comment Read Full Article

BREAKING: Who Will Save GAC Motors From Diana  Chen…Protesters Storm CIG Motors, Demand “Fair Business Play”

    BREAKING: Who Will Save GAC Motors From Diana  Chen…Protesters Storm CIG Motors, Demand “Fair Business Play”

  A group of protesters Thursday stormed the premises of a leading automobile retailer, CIG Motors, sellers of GAC Motors to demand for “fair business play”. The large number of

0 comment Read Full Article

On Kayode Fayemi’s Unending Jousts…How Nigeria’s Steel Minister’s Knack For Controversies Robs Him Of Peace

    On Kayode Fayemi’s Unending Jousts…How Nigeria’s Steel Minister’s Knack For Controversies Robs Him Of Peace

Peace is overrated. Ask Dr. Kayode Fayemi. The seeds of peace and slumberous calm wilted in his yard ever since his foray into politics. It will be recalled that while

0 comment Read Full Article

Oil price rise brightens hope for economy

    Oil price rise brightens hope for economy

When crude oil price crashed to nearly $25 per barrel in January 2016, there was little hope that it would rebound. But, over two years after, the oil price has

0 comment Read Full Article

Reps ask FG to suspend planned sale of NLNG…demand CBN’s audited accounts

    Reps ask FG to suspend planned sale of NLNG…demand CBN’s audited accounts

The House of Representatives on Wednesday asked the Federal Government to suspend its planned sale of the Nigerian Liquefied Natural

0 comment Read Full Article

Dangote among 75 world’s Most Powerful People

    Dangote among 75 world’s Most Powerful People

…more powerful than US Vice President Nigeria’s foremost entrepreneur, Aliko Dangote has been ranked among 75 most powerful persons on

0 comment Read Full Article

$2.5b currency swap deal to ease forex liquidity pressure

    $2.5b currency swap deal to ease forex liquidity pressure

The $2.5 billion (Renminbi 16 billion) Central Bank of Nigeria (CBN) and Peoples Bank of China (PBoC) swap is expected

0 comment Read Full Article

Naira may drop on profit-taking, increased demand

    Naira may drop on profit-taking, increased demand

The naira may ease against the United States dollar next week at the Central Bank of Nigeria’s Investors and Exporters

0 comment Read Full Article

Again, Cecilia Ibru In Trouble…As EFCC Traces 61 Assets To Her In Dubai

    Again, Cecilia Ibru In Trouble…As EFCC Traces 61 Assets To Her In Dubai

The Economic and Financial Crimes Commission( EFCC) has traced 61 assets to former Managing Director/Chief Executive Officer of Oceanic Bank

1 comment Read Full Article

Fire scare at CBN headquarters

    Fire scare at CBN headquarters

There was confusion at the headquarters of the Central Bank of Nigeria on Tuesday following a fire incident at the

0 comment Read Full Article