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The African Development Bank (AfDB) is set to finance 620 development projects across the continent with $33.55 billion between 2016 and 2018. This is contained in...
The market capitalisation of the Nigerian Stock Exchange (NSE) today 10th December 2015 increased by N70 billion due to price appreciation of some highly capitalised equities....
Low oil prices and healthy demand for travel will boost airline profits again in 2016, the International Air Transport Association said. IATA, which represents almost 260...
Governor of CBN Mr Godwin Emefiele, said the apex bank may not release funds due to banks following the reduction of the Cash Reserve Ratio (CRR)...
The Director General, Debt Management Office DMO, Dr. Abraham Nwankwo yesterday said that the controversial loan request of Edo state government in the last administration was...
The downward trend in the Nigerian equities market persisted Monday as increased sell-offs drove the index (-0.8%) further southwards to berth at 27,385.69 points. The negative...
The Central Bank of Nigeria (CBN) said that the nation’s foreign reserves fell to 30.04 billion dollars as at Nov. 26. The bank disclosed this on...
By Omoh Gabriel Businessmen and traders of member states of the Economic Community of West Africa States worried by lack of sanctity of contract and respect...
Acorn Petroleum Plc is set to raise N5 billion through private placement following an approval of the basis of allotment of its Rights Issue by the...
Twenty-seven ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos from Nov. 30 to...
Eleven donors have pledged close to $250 million in new money for adaptation support to the most vulnerable countries on the planet giving a welcome boost...
By Omoh Gabriel Last week I talked about the technological opportunity the so-called illegal refineries is offering the nation that is being thrown away. There were...
By Omoh Gabriel Every so often, the Nigerian nation is hard hit with petrol scarcity. This is because the nation has no refining capacity. Ironically, Nigeria...
The Nigerian Stock Exchange (NSE), moved 174.85 million shares worth N1.05 billion exchanged in 2,127 deals. This was against the 143.69 million shares valued N1.43 billion...
Wema Bank has said it had been granted a national banking licence by the Central Bank of Nigeria (CBN). Wema Bank said in a statement in...