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...
The Federal Inland Revenue Service (FIRS) Nigeria has generated through taxation N2.43 trillion in the first half of 2012. This collection represents an increase in the...
ADCO, a U.S. manufacturing firm, plans to invest 60 million dollars in Nigeria’s agricultural sector, the Minister of Agriculture and Rural Development, Dr Akinwumi Adesina, said...
Transactions on the Nigerian Stock Exchange (NSE) on Monday opened the week on a positive note as some highly capitalised companies recorded price gain. The market...
The nation’s inflation rate inched by 0.2 from the 12.7 per cent in May to 12.9 in June, according to latest figure released by the National...
Trading activities on the Nigerian Stock Exchange (NSE) on Wednesday ended on a positive note as some major blue chips equity recorded price gain. The All-Share...
United Bank for Africa said on Wednesday it had received approval from the central bank to transfer its subsidiaries into a newly-formed holding company, in line...
Access Bank plans to issue a $350 million five-year Eurobond with pricing in the 7 percent range, a banking source with knowledge of the deal told...
The U.S. Senate Finance Committee voted on Wednesday to renew an expiring trade benefit that has helped create hundreds of thousands of jobs in the African...
President Goodluck Jonathan has sent the latest draft of the wide-ranging Petroleum Industry Bill (PIB) to parliament for debate, the oil minister said. “I am happy...
Federal Government of government said on Wednesday it had signed a $1.49 billion contract with state-owned China Civil Engineering Construction Corp (CCECC) to build a railway...
The Federal Government has recalled the suspended Director -General of the Securities and Exchange Commission (SEC), Ms. Arunma Oteh. Her recall was communicated to her through...