The Nigeria Electricity Regulatory Commission (NERC) is to introduce new electricity tariff on June 1, its Chairman, Dr Sam Amadi, has said. Amadi, who disclosed this...
Some quoted companies on the Nigerian Stock Exchange (NSE) has attributed the delay in submitting their 2011 annual accounts to a court judgment voiding financial statements...
By Omoh Gabriel African Union finance leaders yesterday unanimously endorsed Nigerian Finance Minister Ngozi Okonjo-Iweala’s candidacy to lead the World Bank and urged an open merit-based...
By Omoh Gabriel On Friday, the Board of Executive Directors of the World Bank drew the curtain on nominations into the position of World Bank President...
The National Space Research and Development Agency (NASRDA) says the commissioning, calibration and testing of NigeriaSat-2 and , launched in Aug. 17, 2011, has been completed....
Nigeria’s inter-bank lending rates fell sharply this week to an average of 13 per cent, from 15.08 per cent, as cash flow from February budgetary allocations...
United Bank for Africa is planning to issue a $500 million Eurobond at the end of this year or early next year to finance its foreign...
A group of 11,000 aggrieved Nigerians have launched a suit against Royal Dutch Shell at the London High Court; seeking millions of dollars in compensation for...
Market Cap (N’bn) 6,720.70 Market Cap (US$’bn) 42.61 NSE All-Share Index 21,191.22 Daily Performance % (0.33) 1 Week Performance % 1.76 YTD Performance % 2.22 Daily...
The Chartered Institute of Taxation (CITN) has disclosed that the Federal Government plans to review existing tax treaties with some foreign countries. Mr Sunday Jegede, the...
Chinese firms are on the prowl for mining investments in Africa, South America and central Asia as they look to feed on ever expanding domestic demand...
The United States has picked a public health expert of South Korean origin as its candidate for the World Bank presidency, a job emerging market economies...
Seven Up Bottling Company has recorded a drop of 11.4 per cent in its profit after tax for its third quarter ended Dec. 31, 2011. In...
The Central Bank of Nigeria (CBN) having monitored the partial implementation of the Cash-less Policy in Lagos State and following discussions with various stakeholders on the...
The National Bureau of Statistics (NBS) has disclosed that Nigeria’s Gross Domestic Product (GDP) stood at 7.68 per cent in the fourth quarter of 2011. The...