Central Bank of Congo (BCC) has approved the acquisition of Banque Internationale de Credit (BIC) by First Bank of Nigeria Limited. FirstBank of Nigeria Limited had...
The Central Bank of Nigeria (CBN) has said that the introduction of electronic collection of revenue (e-Collection) by the federal government will help to curb revenue...
The value of electronic payment rose by 150 percent in two years to N35 trillion in 2014, reflecting the impact of the cashless policy. Deputy Governor,...
British aid given to an agency investing in infrastructure projects in poor nations has been wasted on travel and by poor financial management and action is...
The trade volume between Nigeria and China in 2014 exceeded 16 billion dollar in 2014, Deputy Chief of Mission, Chinese Embassy, Mr Zhang Bin has said....
Insurance operators and traders are divided over the lack of insurance cover to mitigate losses suffered by traders during fire incidents. Market fire disasters have become...
By Chukwuma Charles Soludo, CFR I read some of the responses to my article, “Buhari vs Jonathan: Beyond the Election”, and I want to thank everyone...
The Federal Government said on Friday that it would soon establish a raw material-based cluster project in each of the 774 local government areas to accelerate...
The Major Oil Marketers Association of Nigeria (MOMAN) on Friday said that the pump price of diesel can not be reduced, until there is stability in...
…project executed with 100% raw materials from Nigeria The Federal Government yesterday commissioned a N60billion integrated steel mill in Shagamu, Ogun State as part of productive...
The Managing Director International Monetary Fund IMF, Christine Lagarde has advised managers of Nigeria economy to re-examine the nation’s fiscal and monetary policies soon after the...
Nigeria’s electricity generation capacity yesterday hit 4,132.7 megawatts (MW) from about 3,300mw recorded last week. The increase can be attributed to the reopening of the about...
*Urges Nigerians not to panic The Central Bank of Nigeria, CBN, yesterday threatened to suspend banks that help in fueling speculative demand of foreign exchange, forex...
Power supply in Nigeria is set to increase significantly, as the Nigerian National Petroleum Corporation said that the Trans Forcados oil pipeline has been reopened. Mr....
The Naira on Monday rebounded to gain N6 against the dollar following the Central Bank of Nigeria’s (CBN) plan to upwardly review the weekly Forex cash...