Sterling Bank Plc says it intends to raise N12.48 billion through the issuance of rights issue from its existing shareholders between June 24 and July 31....
In a bid to protect the nation’s environment, the Ministry of Environment has commenced moves to make oil spillage a criminal offence, the Minister, Mrs Hadiza...
The Central Bank of Nigeria (CBN) on Monday reiterated its decision to change some naira notes from polymer to paper. Mr Ugochukwu Okoroafor, Head of Corporate...
The Naira on Monday remained firm against the Dollar at the Wholesales Dutch Auction System (WDAS) of the Central Bank of Nigeria (CBN). This was the outcome...
As a demonstration of its commitment to the Nigerian and African market, Deloitte, one of the leading professional services firms in the world, has announced the...
The Federal Government has ordered the closure of bank accounts of government agencies that have failed to remit their revenues to the Consolidated Revenue Fund (CRF)...
Minister of Agriculture and Rural Development, Dr Akinwumi Adesina, said Nigeria saved N254 billion through the substitution cassava flour in bread baking Adesina said made this...
The Debts Management Office ((DMO) says it will sell Federal Government bonds worth N85 billion. The DMO said in a statement titled “June 2013 FGN Bond Offer...
Naira depreciated against some major international currencies at the official and parallel markets on Friday. At the official market, the naira exchanged for N241.19 to the...
African Independent oil and gas company Taleveras has signed a Farm-Out Agreement with a subsidiary of LUKOIL, Russia’s largest private oil company, for Block CI-504 in...
Boards of Governors of African Development Bank (AfDB) and of the African Development Fund (ADF) announced the return of the AfDB to its headquarters in Abidjan, ...
The Central Bank of Nigeria (CBN) has commenced arrangements for the start off of its cashless policy in Abuja and five other states of the federation....
The world is heading for a glut of refined products as new Asian and Middle East refineries increase oil processing in a move likely to force...
Former South African President, Mr. Thabo Mbeki said that African leaders launder about $50 billion into foreign banks annually. Mbeki made the revelation in Abuja Nigeria....
The hunt for Royal Dutch Shell’s next chief executive is underway, its chairman said on Tuesday, after CEO Peter Voser made what could be his last...