MTN Nigeria said the lack of regular public power supply is taking a toll on businesses in Nigeria saying that it spends N30.5 billion on diesel...
The efforts of the Nigerian Export-Import Bank (NEXIM Bank) to facilitate the establishment of a regional maritime company, The Sealink Project, has received a fresh boost...
Data from the Nigerian Stock Exchange, NSE, showed a significant drop in foreign investors’ participation as at December 2014, while a significant increase was recorded on...
The Post Master General of Nigerian Postal Services, Mallam Ibrahim Mori Baba, says the Post will bring over 40 million rural people into the financial market...
—average of $4.5 billion goes out per week —$18.6 billion was purchased from rDAS in five weeks The Nigerian economy is facing huge financial hemorrhage as...
—Operators commend CBN move The CBN yesterday in a bid to salvage the naira from speculators scraped the official window where it sells dollar to end...
The House of Representatives on Wednesday set up a special committee to meet the Minister of Finance, Dr Ngozi Okonjo-Iweala, over the sliding oil price at...
The Central Bank of Nigeria (CBN) yesterday scraped the Retail Dutch Auction System (RDAS) and Wholesale Dutch Auction System (WDAS) Foreign Exchange window to help stabilise...
The Board of Directors of Nigerian Breweries (NB) on Friday proposed N37.21 billion as dividend for shareholders of the nation’s brewery gaint for the 2014 financial...
Transparency International, TI, has advocated a crackdown on money launderers and the banks that aid them in the illicit funds transfers across the globe. A statement...
Executive Chairman of Richbon Group Chief CJ Muonagolu has assured that about five thousand new jobs would be created when the automobile assembly to be located...
*15 downscales to MFBs, Finance Houses The dust is yet to settle on the recapitalisation exercise in the mortgage sector even as the Central Bank...
Trading in the Nigerian Stock Exchange (NSE) for the second consecutive day maintained a downward trend as the market capitalisation lost N72 billion. The market capitalization,...
Ecobank Transnational (ETI) has faulted the report of the International Monetary Fund (IMF) which indicted the Bank group of poor corporate governance among other things. A...
Seplat Petroleum Development Company Plc, Thursday, said it has acquired Chevron Nigeria Limited’s 40 per cent stake in Oil Mining Lease 53 in the Niger Delta...