Lafarge Africa says it has a strctured plan to increase its cement production capacity to 16million tonnes by 2020. The Out-going Group Managing Director of the...
The Association of Bureaux De Change Operators of Nigeria (ABCON) yesterday suspended Director of Amazon BDC, Mr. Nwokenta Kingsley, arrested last week by the Nigeria Drug...
A Nigerian, Dr Benedict Oramah, yesterday formally assumed office as the new President of Afreximbank, in Cairo. Oramah, who was elected president of the bank in...
Some capital market operators, on Monday blamed the Nigerian Stock Exchange (NSE) for the dismal performance of some listed stocks in recent times. They said in...
President Muhammadu Buhari said yesterday in Paris, France that he opposed a further weakening of the naira and openly endorsed the Central Bank of Nigeria, CBN’s...
ExxonMobil Corporation on Wednesday announced the pumping of first oil by its subsidiary, Esso Exploration and Production Nigeria Limited, ahead of schedule at the Erha North...
—Long list of MDAs account provided by CBN —interbank money market frozen — Law makers support FG — Calabar Teaching hospital expresses reservations By Omoh Gabriel...
By Omoh Gabriel, Business Editor *Hotels saddled with large amounts of idle foreign cash *Quality of loan assets in banking system at risk *Export proceeds idle...
The value of shares traded on the Nigerian Stock Exchange on Tuesday rose by N105 billion, moving from N10.334 trillion recorded previous day, to N10.439 trillion....
Equities transactions on the Nigerian Stock Exchange (NSE) on Monday reopened for the week on a positive note as market indicators improved marginally by 1.83 per...
Bank of Industry (BoI) on Monday announced it had made an investment commitment of 6 million dollars (about N1.2 billion) in Nigeria’s small and medium enterprises...
The restriction by the Central Bank of Nigeria (CBN) on the sale of hard currency to importers of some 41 items seem to have taken toll...
The Nigerian Sovereign Investment Authority, NSIA, manager of the Sovereign Wealth Fund, SWF, weekend, assuaged fears over the prevailing challenging global economic environment, stating that it...
Trading activities on the Nigerian Stock Exchange (NSE) for the second consecutive day maintained a downward trend with the market capitalisation losing N164 billion. The market...
United Bank for Africa Plc yesterday in Lagos announced profit before tax (PBT) of N39.0 billion and after tax profit of N32 billion. As a reward...