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Bank workers can now heave a sigh of relief, as Deposit Money Banks, under the aegis of Bankers Committee have agreed to halt further mass sack...
International carriers may follow the example of United Airlines and Iberia and halt operations in Nigeria or cut flights as they struggle to move revenue out of...
The European Union has extended its ban on importation of dried beans from Nigeria by three years. Dr Vincent Isegbe, the Coordinating Director, Nigeria Agricultural Quarantine...
Nigeria’s crude oil export dipped further by 130,000 barrels per day, as operators yesterday said the Trans Niger Pipeline, TNP, operated by Shell Nigeria, has been...
Acting Managing Director, Bank of Industry (BOI), Mr Waheed Olagunju, said that the bank targeted to disburse N212 billion this year which would lead in creating...
In spite of the scarcity and restrictions in the nation’s foreign exchange market, seven banks made N78 billion trading in foreign exchange in 2015. Investigations revealed...
By Omoh Gabriel It is no longer news that Nigerian economy is at a brink of recession. The nation’s real Gross Domestic Product (GDP) growth rate...
Central Bank of Nigeria Communique No 107 of the Monetary Policy Committee Meeting of Monday and Tuesday 23rd and 24th May 2016 The Monetary Policy Committee...
Retains MPR at 12%; CRR 22.5 %, Liquidity at 30% The Central Bank of Nigeria, CBN, yesterday, announced “a flexible exchange rate regime” in order to...
By Omoh Gabriel Minister of Information, Lai Mohammed last week said that Nigeria is broke. He spoke to State House correspondents at the end of the...
Turmoil in Nigeria, shale bankruptcies in the United States and Venezuela have contributed to tightening crude oil supplies. Oil prices rose as a result yesterday. However,...
A gas pipeline in Nigeria’s restive Niger Delta region operated by the state energy company was attacked late on Thursday, a spokesman for a local community...
Nigeria economy shrank in the first quarter of 2016 as oil output fell and the manufacturing, financial and real estate industries declined considerably. The National Bureau...
The Organised Private Sector (OPS) under the aegis of the Nigeria Employers’ Consultative Association (NECA) said that any employee who failed to report to duty during...
Britain’s Serious Fraud Office (SFO) has widened its investigation into Rolls-Royce to examine allegations of suspected bribery in Nigeria, the Financial Times reported yesterday. Rolls-Royce, the...