The Central Bank of Nigeria (CBN) on Tuesday retained the monetary policy rate at 12 per cent, the CBN Governor, Malam Sanusi Lamido Sanusi, said. Sanusi...
The Federal Government has said it has paid a total of N287.352 billion to oil marketers since the beginning of the year under the petroleum subsidy...
Leading African businessmen Tony Elumelu and Edward Boateng were amongst those that received accolades at the African Business Awards 2013. The exclusive presentation ceremony, organised by...
Investors on the Nigerian Stock Exchange (NSE) on Tuesday exchanged 251.31 million shares worth N2.9 billion in 4,719 deals. This was in contrast to the 261.32...
The Federal Government on Tuesday called for a comprehensive approach toward tackling oil theft in Nigeria. The Secretary to the Government of the Federation (SGF), Chief...
The $3.3 billion syndicated loan secured by Dangote Industries last week to build a 400,000-barrel per day oil refinery and petrochemical plant is said to have...
The Asset Management Company of Nigeria (AMCON) said it was seeking prospective investors to buy 100 percent of its shareholding in Enterprise Bank, the first of...
United Bank for Africa Plc (UBA)has announced a major restructuring that will enable it actualize its corporate vision of a true Pan-African bank. The bank said...
Nigeria’s substantial investments and critical infrastructure are under threat of the actions of terrorists, vandals and saboteurs, President Goodluck Jonathan has said. Jonathan expressed the concern...
Transactions on the Nigerian Stock Exchange (NSE) opened on a bullish note on Monday as some major blue chips recorded price gains. Due to the price...
The Nigerian National Petroleum Corporation (NNPC) said on Monday that the Federal Government gas revolution agenda was intact. The corporation said that decision of Shell and Chevron...
The Minister of Power, Prof. Chinedu Nebo, said on Monday in Abuja that the country had lost about 35 per cent of its capacity to generate...
Workers across West Africa and Nigeria (36%) report that they have to sacrifice sleep to fit in personal and work commitments, either by waking up too...
A total of 148,369 out of the estimated 40 millions unemployed Nigerians were formally employed as at the end of September, 2012, a third quarter of...
The Bureau of Public Enterprises, BPE, has said it will not alter the deadline given to preferred bidders for the 15 Power Holding Company of Nigeria,...