Asset Management Company of Nigeria (AMCON), is close to selling Peugeot Automobile Nigeria (PAN) Ltd, to Aliko Dangote, and two state governments. “We have concluded...
Following the favourable evaluation of its bid by the Government of the Federal Republic of Nigeria, the GE Consortium said it received a Letter of Award...
The world’s six largest pension systems the US, UK, Japan, Netherlands, Canada and Australia will have a joint shortfall of $224 trillion by 2050, imperiling the...
The Nigerian National Petroleum Corporation said it has approached some Chinese investors to partner in its Research and Development, R&D, venture. NNPC said this in a...
Reuters: Moody’s Investors Service downgraded China’s credit ratings for the first time in nearly 30 years, saying it expects the financial strength of the economy will...
Following the conclusion of the Monetary Policy Committee Meeting on Tuesday, the Central Bank of Nigeria (CBN) has injected the sum of $186.5million into the invisible...
Ahead of the outcome of the ongoing Monetary Policy Committee meeting in Abuja, the Central Bank of Nigeria has injected over $255 million in to the...
Moody Rating Agency has said that currency devaluation has eroded the quality of Nigeria banks loan quality, profitability and capital stock. In a report titled Sub-Saharan...
Nigeria will henceforth process all tourist and business visas within two days, the vice president’s office said as Nigeria tries to improve the ease of doing...
With the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) meeting this week, the Naira continued its strong run against the United States...
In exercise of the presidential authorities vested in the Executive arm of government, Acting President Yemi Osinbajo, SAN, has signed three executive orders that will significantly...
Central Bank of Nigeria (CBN) has released a list of items, mainly raw materials, that can source foreign exchange (forex) from the market. The list, signed by...
European Union antitrust regulators fined Facebook 110 million euros about $122 million for giving misleading information during a vetting of its deal to acquire messaging service...
Nigerian National Petroleum Corporation NNPC, is in the final stage of signing $6 billion worth of deals to exchange more than 300,000 barrels per day (bpd)...
Facebook has selected 60 finalists from the hundreds of entries it received from across the Middle East and Africa for the Bots for Messenger Developer Challenge....