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UK Supreme Court has granted Nigerian National Petroleum Corporation NNPC over $100 million relief. NNPC management said it got the reprieve in a unanimous judgment by...
Toshiba Corp has asked creditor banks for a new loan and offered as collateral a stake in its memory chip unit that is being split off,...
United Bank for Africa (UBA), Africa’s Global Bank operating in 19 African countries said it has promoted 3,000 staff members, reinforcing its commitment to human capital...
Indications are that the federal government may soon review the pump price of fuel from the current N145 per litre to N150. This was part of...
–boosts forex supply by $240m …$150m for wholesale auction …$90m for BTA, PTA, medicals, etc. …Adjusts $10,000 BDC sale to Tuesdays only Central Bank of Nigeria...
A German court has rebuffed Volkswagen’s attempt to prevent prosecutors from using information seized during searches of the law firm which the carmaker had hired to...
DEPUTY Senate President Ike Ekweremadu has said that volatile exchange rate killing industries, small and medium enterprises SMEs in the country, He suggested regional economic integration...
Indications are that Nigeria may be plunged into another round of fuel scarcity as a result of the decision of PETROLEUM Tanker Drivers, PTD, branch of...
The Central Bank of Nigeria has advised bank customer to report any bank which fails to sell BTA, PTA, Tuition and medicals foreign exchange request to...
International Monetary Fund IMF has told federal government that an ambitious structural reforms are key to achieving a competitive, investment-driven economy that is less dependent on...
In line with its pledge to sustain liquidity in the foreign exchange market, the Central Bank of Nigeria CBN) will from Monday, April 3, 2017 commence...
The Federal Ministry of Finance has constituted the Federal Ministry of Finance has constituted the board and named management of the newly licensed Development Bank of...
The Federal Government has said that it has priced its offering of $500 million aggregate principal amount of notes at a yield of 7.5 per cent...
The Central bank of Nigeria has approved a Wholesale Development Finance Institution Licence with national spread to the Development Bank of Nigeria (DBN) Plc, the Minister...
Minister of Finance, Mrs. Kemi Adeosun, has disclosed that the government is set to go after wealthy Nigerians who evade payment of tax in the country...