Nigeria’s external debt stock profile stood at 9.4 billion dollars on March 31, 2015, the Debt Management Office (DMO) says. The information is contained on DMO’s...
President Muhammadu Buhari on Monday inaugurated the National Economic Council (NEC), with a call on state governors to settle all unpaid workers’ salaries in their respective...
The Federal Government has appointed Mr Mordecai Danteni Ladan, to oversee the activities of the Department of Petroleum Resources (DPR), a statement posted on the website...
Ten Nigeria banks made this year top 1000 global banks. The top 1000 global banks was released yesterday by the Banker magazine in London. The banks...
Federal, states and local governments are losing about N50 trillion annually from untapped resources that abound in the nation’s soil. Nigeria is estimated to be losing...
By Omoh Gabriel, Economists, geologists and surveyors have long agreed that under the Nigerian soil are wealth and riches untold. But majority of Nigerians are...
The Central Bank of Nigeria (CBN) said that the country would realise the dream of a robust national payments system by 2020. Mr Dipo Fatokun, CBN...
Julius Berger Nigeria (JBN) Plc on Wednesday at the Nigerian Stock Exchange (NSE) emerged the most traded stock, exchanging 46.33 million shares worth N2.39 billion in...
Central Bank of Nigeria (CBN) says importers of rice, cement and other products will no longer access Foreign Exchange from CBN, Banks and Bureau De change...
Named Winner in Five Categories including Africa’s Leading Business Hotel ABUJA, NIGERIA – June 22, 2015 – Transcorp Hilton Abuja has been honoured with an unprecedented...
CEO Adeoye Fadeyibi Letter to Shareholders: “We are strengthening our part of Nigeria’s energy chain.” Lagos, Nigeria, 16 June 2015 — Transcorp Ughelli Power Limited (TUPL),...
Companies in the manufacturing sector of the economy that source foreign exchange to import raw materials and products have been hit hard by the devaluation of...
By Omoh Gabriel, Huge expenditures on capital projects and sundry overhead have been identified as part of the reasons many state governments in Nigeria are unable...
By Omoh Gabriel Eighteen out of the thirty-six states of the federation are technically bankrupt. This is because they have mortgaged their federation account allocations to...
When Mr. Godwin Emefiele became the Governor of the Central Bank of Nigeria (CBN) on June 3, 2014, there was visible pressure on the Naira as...