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Ecobank Transnational Inc. (ETI)’s Chief Executive Officer Thierry Tanoh denied allegations of fraud by a senior manager. “The bank’s governance norms are such today that what...
OPEC oil output has fallen in September to the lowest in almost two years because of work at Iraq’s main export outlet, a Reuters survey found...
Nigeria has signed a deal for Chinese state companies to build a $1.3 billion power plant, the federal government said on Sunday that it is part...
The Federal Government Monday in Abuja handed over share certificates and licences to new core owners of 15 of the 18 PHCN successor companies. The ceremony,...
When in 2004, the CBN asked Nigerian banks to put in place a management succession plan, many banks did not take it seriously. Zenith Bank in...
Four Nigerian banks may lose N88 billion in revenue to the proposed phase out of Commission on Turnover, COT, charges. This may give rise to a minimum rate...
Fiscal and monetary policies are the instruments government use to manage the economy. The main focus of economic policy is the over all well being of...
The Central Bank of Nigeria (CBN) says it will start applying charges on withdrawals and deposits above N500,000 for individuals and N2 million for corporate bodies...
The Central Bank of Nigeria (CBN) says it has disbursed over N109 billion to 20 companies in support of the ongoing power reform in the country....
The CBN on Friday released the names of 20 Bureau De Change (BDC) operators whose licences were revoked for alleged foreign exchange malpractices. The names of the BDCs...
US District Judge Katherine Forrest has ordered a controversial Nigerian businessman, Jimoh Ibrahim, to pay over $10 million for failing to meet his obligations on two...
The Central Bank of Nigeria (CBN) says it will start applying charges on withdrawals and deposits above N500,000 for individuals and N2 million for corporate bodies from Oct....
Weekly transactions on the Nigerian Stock Exchange closed on a positive note on Friday with the market indices on the rise. The All-share index appreciated by...
The Federal Government has earmarked $8 billion dollars for the execution of the Nigerian Gas Master Plan with specific interest in meeting the gas-to-power demand in...
The Central Bank of Nigeria (CBN) says it has disbursed over N109 billion to 20 companies in support of the ongoing power reform in the country....