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African Development Bank AfDB said it has initiated a $40 million project to develop agriculture in Nigeria and 26 other African countries. Dr Adeniyi Adediran, the...
eTranzact, says it is set to deepen financial inclusion by expanding its PocketMoni service with 10,000 active mobile money agents, through the CBN-funded Shared Agent Network...
The Board of Directors of Coronation Merchant Bank limited has appointed Banjo Adegbohungbe as an Executive Director and Chief Operating Officer of the Group. He will...
Red Star Plc has declared a dividend payout of N236million that is 40 kobo gross per share. The company in its financial report ended 31st March...
Nigerian Liquified Natural Gas NLNG, has paid off the loan facility it took from its shareholders. As a result one of its shareholders Nigerian National Petroleum...
The performance of the domestic equity market was bearish today as investors continued to book profit on large cap stocks – DANGCEM (-0.9%), INTERBREW (-6.5%), WAPCO (-5.2%) and...
Oil prices fell with Brent dropping by more than $1, after the United States said it would consider requests for waivers from sanctions due to snap...
The Nigerian Communications Commission (NCC) said it has opened talks with critical stakeholders on MTN’s labour issues. Mr Tony Ojobo, NCC’s Director of Public Affairs, made this...
African nations collectively spend $45 billion per annum on infrastructure however; experts suggest that this figure should be raised to $93 billion per year to secure...
President Muhammadu Buhari has assented to the Nigeria Financial Intelligence Unit Act into law. This was disclosed by the Senior Special Assistant to the President on...
The inter-bank Foreign Exchange Market has received the sum of $210million from the Central Bank of Nigeria (CBN), to meet customers’ requests in various segments of...
Vice President Yemi Osinbajo has had a fireside chat with Mr. Allen Blue, Co-Founder of LinkedIn, where he assured him that Nigeria was open to business....
Litigation funder IMF Bentham Ltd. (IMF.AX) is preparing to potentially sue social media giant Facebook Inc. in Australia over its sharing of users’ data with political...
The Minister of Industry, Trade and Investment, Mr Okechukwu Enelamah has described the visit of over 20 foreign investors and consultants from the automotive industry as...
The minister, who made this disclosure in a press briefing at Abuja, said complaints coming to the government about meters, estimated billings and mass disconnections, where...