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By Omoh Gabriel The Bureau of Public Enterprises yesterday said that 54 potential investors have submitted bid for the 11 distribution companies about to be privatized....
By Omoh Gabriel A London High Court yesterday found Dr. Erastus Akingbola, the erstwhile Managing Director of Intercontinental Bank Plc liable of unwholesome practices and criminal...
By Omoh Gabriel Fitch Ratings has raised fresh alert on the growing loan facilities in the Nigerian Banking sector that might lead to another round of...
The Nigerian Stock Exchange (NSE) has inaugurated a Shari’ah compliant Index, “NSE Lotus Islamic Index (NSE LII).” The index followed an earlier memorandum of understanding (MOU)...
Fitch Ratings says in a newly-published special report that the recent rapid credit growth in the Nigerian banking sector may give rise to weakened asset quality...
The World Bank has decried rising food prices saying it is ready to help governments respond to a broad-based run-up in grain prices that has again...
By Omoh Gabriel Nigeria Extractive Industry Transparency Initiative has disclosed that from its audit report between 2006 and 2008 the Nigerian National Petroleum Corporation received $3.789...
Nigerians face a lot of challenges every day. Life, the most sacrosanct thing in other societies is nothing here. Nigerians die in droves by the day...
Ms Christine K, the Director of HeinrichBoll Foundation in Nigeria and West Africa, said in Abuja that Nigeria loses 2.5 billion dollars annually to gas flaring....
The volume of shares traded on the Nigerian Stock Exchange (NSE) depreciated by 43 per cent on Tuesday. The turnover volume dropped by 192.54 million shares...
The Presidential Committee on Verification and Reconciliation of Fuel Subsidy Payments submitted its final report to President Goodluck Jonathan on Tuesday in Abuja. It recommended that...
Central Bank of Nigeria Monetary Policy Committee left benchmark interest rate at 12 per cent on Tuesday as expected but took measures to tighten liquidity to...
The Economic and Financial Crimes Commission (EFCC) will on Wednesday in Lagos arraign some oil marketers and their companies for their alleged complicity in the fuel...
Nigeria’s external trade balance improved to 10.67 billion dollars (N16.63 trillion) in the first quarter of 2012, from the 8.44 billion dollars (N13.5 trillion) it recorded...
Minister of Finance and coordinator of the Economy, Dr Ngozi Okonjo-Iweala, says Nigeria loses more than N2 trillion annually to capital flight following inability of indigenous...