Asset Management Company of Nigeria (AMCON), is close to selling Peugeot Automobile Nigeria (PAN) Ltd, to Aliko Dangote, and two state governments. “We have concluded...
The Accountant General of the Federation has disclosed to the federal executive council that the balance in the Excess Crude Account as at 24th May, 2017 stands...
Following the favourable evaluation of its bid by the Government of the Federal Republic of Nigeria, the GE Consortium said it received a Letter of Award...
The world’s six largest pension systems the US, UK, Japan, Netherlands, Canada and Australia will have a joint shortfall of $224 trillion by 2050, imperiling the...
Members of the Organisation of the Petroleum Exporting Countries have agreed to extend production cuts for nine months, according to media reports, citing a delegate at...
Federal Government is seeking approval from National Assembly to borrow $1.3 billion from international lenders to fund the newly licensed Development Bank of Nigeria, a spokesman...
Shareholders of Dangote Cement were full of praises for the Board, Management and staff of the company after approving the dividend payout of N144.8 billion, which...
The Nigerian National Petroleum Corporation said it has approached some Chinese investors to partner in its Research and Development, R&D, venture. NNPC said this in a...
The African Development Bank Group and the International Finance Corporation have signed a memorandum of understanding in Ahmedabad, India, aimed at promoting investments that benefit women...
Waheed A. Olagunju, the acting CEO and Managing Director of Bank of Industry has been honoured with this year’s African Banker Icon award by the African...
Reuters: Moody’s Investors Service downgraded China’s credit ratings for the first time in nearly 30 years, saying it expects the financial strength of the economy will...
Presidential Adviser on Economic Matters Dr. Adeyemi Dipeolu has said that there is an encouraging indication of a steady, even if slow progressive pace, that the...
Following the conclusion of the Monetary Policy Committee Meeting on Tuesday, the Central Bank of Nigeria (CBN) has injected the sum of $186.5million into the invisible...
Nigeria’s economy contracted marginally in the first quarter of 2017 data from the National Bureau of Statistic has shown. This is the fifth quarter the economy...
Nigeria will exit recession by the end of the third quarter, central bank governor Godwin Emefiele said again. Emefiele also told reporters that the bank wanted...