Nigeria has scrapped the controversial subsidy on petrol. Minister of State for Petroleum Resources and GMD of the NNPC, Dr. Ibe Kachikwu has announced in a...
The directors of ten banks collected N7.6 billion as fees and allowances in 2015, representing 1.58 percent of the banks’ profitability during the year. The ten...
Activities on the Nigerian Stock Exchange (NSE) on Friday reacted positively to 2016 Budget signing by President Muhammadu Buhari with the market indices growing by 0.54...
Nigeria recorded N3 trillion inflow into the Treasury Single Account TSA) in the first quarter of 2016. The Accountant General of the Federation (AGF), Alhaji Ahmed...
Coordinator of ECOWAS-initiated Rice Seed Up Scaling Programme Mr Sunday Okelola, says farmers in seven Nigerian states will be assisted to produce 60,000 metric tonnes of...
The European Union (EU), has urged Nigeria Government to increase export of agricultural produces like rubber, cocoa and palm oil to the EU countries The Head...
United Bank for Africa (UBA) plans to increase its presence in Africa outside Nigeria to 25 countries from 18 now and inject capital into its subsidiaries...
Some shareholder groups yesterday in Lagos called for review of the Companies and Allied Matters Act (CAMA) in view of unclaimed dividends piling at the capital...
The Central Bank of Nigeria (CBN) has released the Purchasing Managers Index for April, which indicated further decline in economic activities across the country during the...
Nigerian Capital Market on Tuesday appreciated by 3.20 per cent following MSCI Index provider decision that it would not implement changes for any of the nation’s...
The All-Share Index of the Nigerian Stock Exchange (NSE) on Thursday appreciated by 0.63 per cent as a result of huge gains posted by some major...
FBN Holdings Plc, the parent company of First bank Limited said it would cut jobs and focus less on providing loans to the oil industry...
Sterling Bank Plc has posted a profit before tax of N2.8 billion for the first quarter ended March 31, 2016. This is contained in the bank’s...
President Muhammadu Buhari has raised alarm over the inability of about 24 states of the federation to pay their workers’ salaries despite the bail-out funds provided...
—-Create 5.85m jobs —-Attracted $40million foreign investment A total of 22,988 businesses in Nigeria have secured lease financing to the tune of N3.48 trillion. Leasing...