Oil marketers have again resurrected the supposedly closed subsidy as they have appealed to Federal Government to effect quick payment of its outstanding N800 billion subsidy...
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has started investigations into an alleged misappropriation of N2.5 billion seed grant released to Nigerian Broadcasting...
The Board of Directors of the African Development Bank has approved its third equity investment of $40 million in Africa Infrastructure Investment Fund (AIIF3), a closed-ended...
In its last sale before the final Monetary Policy Committee (MPC) meeting for 2018, the Central Bank of Nigeria (CBN) on Friday, November 16, 2018, injected...
Pinnacle Communications Limited has dismissed as untrue reports alleging that the firm is being investigated by the anti-graft agency, Independent Corrupt Practices and Other Related Offences Commission...
The Economic and Financial Crimes Commission(EFCC) has boosted the Federal treasury with the sum of N1.37 billion, which no one stepped out to claim since August....
Oil rose on Friday on hopes that supply cuts will be agreed at OPEC’s meeting on Dec. 6, but failed to recoup recent losses on oversupply...
The House of Representatives committee on Maritime is investigating 12 foreign shipping firms’ local agents accused of diverting $300 million federal government fees for their own use. Some...
Borrowing by low and middle-income economies from external official and private creditors surged to $607 billion in 2017 from $181 billion the previous year, the highest...
Ghana will seek to raise as much as $750 million through a sale of shares in a fund that will hold the West African nation’s stakes...
General Electric said it has divested from transportation and handed over the leadership of a consortium chosen to run a Nigerian rail concession to South Africa’s...
Red Star Express has received a new chairman to head its Board of Directors. This became necessary as the incumbent chairman, Dr Mohammed Koguna retired from...
A probe by the Senate into whether NNPC improperly withdrew money has expanded with the amount under investigation doubling to over $2.2 billion, a Senate committee...
Technology giant, Apple, has won an international award for making details of its supply chains public in a bid to boost transparency and help end modern...
The Central Bank of Nigeria (CBN) has warned that electronic fraud losses in the banking system would reach N6.1 trillion by 2021. Mr Sunday Salam-Alada, Director,...