Annual inflation rate in Nigeria drop further for the fourth straight month in May, falling to 16.25 percent from 17.24 percent in April, the National Bureau...
Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside has said the on-going construction of the multi-billion dollar Egina Floating...
By Peace Gabriel Revenue generated from Value Added Tax VAT, into the federation account dropped by 1.25 per cent in the first quarter of this year...
United Bank for Africa Plc (UBA) successfully raised USD500 million, though a debut Eurobond, which was 240% over-subscribed. The significant investor demand reflects the strong global investor appetite for UBA’s...
Edo State Governor, Mr Godwin Obaseki, has met with executives representing Mitsubishi, Sojitz, Toyota, Sumitomo, Yamaha, Yokogawa, Panasonic and the Japanese Trade Organisation (JETRO) to plan potential...
The Naira is set to be given further lift in the forex market with CBN’s injection of another $418 million into various segments of the inter-bank...
Debt Management Offices says it plans to sell a N100 billion sovereign (sukuk) non interest bond in Nigeria market this month to help fund road projects....
Lagos Chamber of Commerce and Industry has expressed concern over the increasing liquidity challenges in the financial system. It said that most of the banks in...
Acting President Yemi Osinbajo has signed the 2017 appropriation bill into law. The event took place at the Vice President’s Conference Room at presidential villa in...
The Central Bank of Nigeria (CBN) has intervened in the inter-bank Foreign Exchange market to the tune of $413.5 million, further underscoring its resolve to guarantee...
Heirs Holdings has announced the appointment of Pelumi Fadairo as Director of Marketing and Corporate Communications. Fadairo will be responsible for driving the Group’s strategic marketing objectives...
International Labour Organisation, ILO, has said that over 168 million children are involved in child labour across the globe, including Nigeria, saying that eighty-five million of...
Federal government and labour unions are brokering over when and how the minimum wage being discussed will be implemented. While the federal government is contending that...
Nigeria spent a total of N743.1 billion in fuels and lubricants imports between January and March 2017 with the value of petrol standing at N507 billion....
Transcorp Hotels Plc has announced the reopening of the Executive Floors and Lounge of its flagship Transcorp Hilton Abuja. The reopening marks a milestone in...