NNPC GMD, Emmanuel Kachikwu Ibe Kachikwu, Minister of State for Petroleum Resources, has revealed that daily oil production has risen to 1.9 million barrels after much negotiations with Niger Delta militants. Kachikwu made this known on Monday, in China, where he revealed that activities of militants had cut Nigeria’s …

(FILE PHOTO) Tony Elumelu, Chairman, Heirs Holdings and UBA Plc, delivering keynote address at the Enugu Investment Summit. Students should start early to have an entrepreneurial mind-set; that way, they open up other options for gainful employment when they are ready to join the job market, says Tony Elumelu, Chairman …

The naira plunged by 31 per cent to 288.85 against the United States dollar on Monday at the close of trading at the newly established interbank market. The local currency also depreciated at the parallel market where it closed at 346 to the greenback, down from around 330 and 335 …

Nigeria’s central bank has appointed 15 of its commercial lenders as primary forex dealers, as the naira tumbled 30 percent after it lifted its peg on the currency, Reuters reported on Monday Dealers included Stanbic IBTC Bank, Standard Chartered Bank, Citibank, Zenith Bank, Access Bank , UBA, Sterling Bank, FCMB. …

  Governor Theodore Ahamefule Orji of Abia State has admonished aggrieved persons and groups in the state to embrace peace, especially the sprouting group known as and called the Indigenous People of Biafra (IPOB). The governor disclosed this in a statement released by his Chief Press Secretary, Mr. Charles Ajunwa …

Ehonre Oluwaseun (Born December 18, 1984) popularly known as Classic Baggie is a Nigerian business tycoon, entrepreneur, industrialist, building magnate & philanthropist. He is the group Chairman & group chief executive of Baggie Group, a diversified conglomerate based in Nigeria with business interests & subsidiary in neighboring West African Countries. …