The House of Representatives on Wednesday set up a special committee to meet the Minister of Finance, Dr Ngozi Okonjo-Iweala, over the sliding oil price at...
The Central Bank of Nigeria (CBN) yesterday scraped the Retail Dutch Auction System (RDAS) and Wholesale Dutch Auction System (WDAS) Foreign Exchange window to help stabilise...
INDUSTRY LEADERS in the country are making frantic efforts to halt passage of the Private Companies Conversion and Listing Bill into law by the National Assembly....
A consortium led by FirstGate Group has signed a Memorandum of Understanding, MoU, with the Federal Government to build two separate 1,000MW gas fired and solar...
The Board of Directors of Nigerian Breweries (NB) on Friday proposed N37.21 billion as dividend for shareholders of the nation’s brewery gaint for the 2014 financial...
Oil rose above $60 a barrel on Friday for the first time this year, bringing gains this week to 4 per cent, supported by signs that...
Transparency International, TI, has advocated a crackdown on money launderers and the banks that aid them in the illicit funds transfers across the globe. A statement...
The board of Trustees of the Tony Elumelu Foundation announces the appointment of Professor Reid E. Whitlock as Chief Executive of the Foundation, commencing 15th February 2015. Professor...
In this column last Monday, I said that diesel mafias are milking ordinary Nigerians dry by making undue profit through the importation. I said that prices...
Executive Chairman of Richbon Group Chief CJ Muonagolu has assured that about five thousand new jobs would be created when the automobile assembly to be located...
*15 downscales to MFBs, Finance Houses The dust is yet to settle on the recapitalisation exercise in the mortgage sector even as the Central Bank...
Trading in the Nigerian Stock Exchange (NSE) for the second consecutive day maintained a downward trend as the market capitalisation lost N72 billion. The market capitalization,...
Ecobank Transnational (ETI) has faulted the report of the International Monetary Fund (IMF) which indicted the Bank group of poor corporate governance among other things. A...
Seplat Petroleum Development Company Plc, Thursday, said it has acquired Chevron Nigeria Limited’s 40 per cent stake in Oil Mining Lease 53 in the Niger Delta...
The Nigerian National Petroleum Corporation, NNPC, and the Nigerian Petroleum Development Company, NPDC, have been indicted by the PriceWaterHouse Coopers’ (PWC) forensic audit report for failing...