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Fitch Ratings has revised the Outlook on 4 Nigerian banks to Negative from Stable and affirmed the Long-Term Issuer Default Ratings (IDRs) of 10 banks and...
Nigeria recently introduced policy of whistleblower has started yielding dividend Minister of Information Alhaji Lao Mohammed said this in a statement in Lagos. He said that...
—-plan to raise oil production to 2.5 mbpd by 2020 —-Expand tax base —-to privatise selected assets —-to present document to creditors end of Februry Federal...
Asset Management Company of Nigeria has taken over the operations of Arik Air to save it from total collapse. Arik Air has been immersed in heavy...
Sahara Energy, Glencore, Gunvpr, Aiteo, MRS, Trafigura and 122 other companies, have expressed their willingness to serve as off-takers for 800,000 barrels per day of Nigerian...
Central Nank of Nigeria CBN said it has sold $660 million in three- and five- month currency forwards at an auction aimed at clearing a backlog...
Foreign investment inflow into Nigeria fell from $9.6 billion about $4.52 billion, to $5.12 billion, between 2015 and 2016, according to data Obtained from the National...
The U.S. Commercial Service Nigeria held a Single Company Promotion event in Lagos on January 26, 2017, to launch a new training simulation solution by New...
MTN Group has announced that it will exchange its 51% interest in Nigeria Tower InterCo B.V., the parent company of INT Towers Limited (“INT”), the Nigerian...
Medview Airline said it will be “List its share on the floor of the Nigerian Stock Exchange by Introduction” January 31, 2017. It will be the...
The value of cash withdrawals through Automatic Teller Machines (ATMs) rose sharply to N4.7 trillion in 2016, indicating increasing appetite for cash transactions among Nigerians. This...
Following media reports alleging irregularities in the rates at which foreign exchange was obtained by some individuals and companies from different Deposit Money Banks (DMBs) under...
As part of renewed focus on supporting SMEs within the manufacturing and trade industry, as well as attracting foreign investors into a viable investment environment, the...
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