The Federal Government, in apparent contradiction of its earlier position made a u-turn on its modular refineries initiative, declaring that it would no longer allow the...
Bank customers who pay out dud cheques are now to be penalised by banks. Such customers are to pay charges of one per cent of the...
Boeing Co said it has temporarily halted flights of its new 737 MAX aircraft due to an issue with the engine, which is jointly made by...
Fitch Ratings in its report on Nigeria banks released yesterday said that Nigerian banks posted good financial results for 2016, despite turbulent operating conditions, stating...
The Nigerian Customs Service has announced the appointment of four new Deputy Comptroller Generals and eight new Assistant Comptroller Generals. A statement from the service said,...
Etisalat said it has made progress in talks with Nigerian banks on restructuring its loan repayment. Talks between Etisalat and its bankers to renegotiate the terms...
Oil prices rose by about 3.5 per cent after Iraq and Algeria joined Saudi Arabia in supporting an extension to OPEC supply cuts. Concerns about rising...
Market Statistics Tuesday, 9th May 2017 Market Cap (N’bn) 9,249.0...
An online platform, Tomachy, to search for best places to wine and dine have been launched in Nigeria. The web platform, incorporates mobile app, currently listing information...
Indications are that talks between Etisalat Nigeria and a consortium of banks that syndicated a $1.2 billion facility for to restructure payments of the loan have...
The International Monetary Fund IMF, has said that a recovery in oil production in Nigeria will aid growth in the country in particular and sub Sahara...
The Board of Directors of Nigerian Breweries Plc has appointed Mr. Johan Antonie Doyer as the Company’s new Managing Director/CEO. Mr. Doyer’s appointment takes effect from the...
Ecobank Nigeria limited said it has invested in state of the art mobile application that is fast and accessible and gives better transaction incentive to the...
Following last Friday’s injection of $389 million into the retail segment of the forex market, the Central Bank of Nigeria (CBN) has intervened with the sum...
Lafarge Africa plans to seek shareholders’ approval next month to raise N140 billion and also convert some loans into equity as part of the capital injection,...