PZ Cussons said its first half profit was below expectations and it expected trading conditions to remain tough given pressures on consumer spending. The maker of...
Nigeria’s foreign reserves stood at $32.99 billion at December 2, its lowest since November, as the central bank struggles to sustain stability in the domestic foreign...
The Chairman, Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC),Mr Elias Mbam, says Nigeria can generate more revenue from solid minerals. Mbam made the statement in Abeokuta...
Ms Mary Barton-Dock, Director, Environment Department, World Bank, has called for a carbon tax on maritime transportation to tackle climate change threat. She made the call...
The Bank of Agriculture (BOA) has dedicated a N2 billion loan for the refinancing of Micro Finance Banks (MFBs) to improve the capacity of small-scale farmers...
The House of Representatives an arm of the Nigeria National Assembly on Wednesday approved N31billion virement for12 Ministries, Department and Agencies (MDAs) as against the N98...
The Nigerian Deposit Insurance Commission (NDIC), has sold Hallmark Homes Limited a subsidiary of former Hallmark Bank Plc to Centage Savings and loans for N1.1billion. Speaking...
South Africa’s Gill Marcus was the best central banker in Africa’s emerging and frontier markets this year, despite taking no major policy decisions, closely followed by...
Nigeria’s Ecobank said it would seek shareholders’ approval on Dec. 22 to merge its operations with rival Oceanic Bank, after Ecobank’s parent firm ETI acquired 100...
Nigerian new vehicle imports jumped 45 per cent in the first 11 months of 2011 compared with the same period last year. Car sales in Nigeria...
Former President Olusegun Obasanjo has urged government at all levels in the country to explore alternative sources of revenue rather than depend solely on oil proceeds.He...
Singapore commodities firm Olam International Ltd, whose businesses include processing agricultural products and food ingredients, said on Friday it will invest about $50 million to expand...
First Hydrocarbon Nigeria (FHN), part owned by oil company Afren, said it had bought a 45 per cent stake in Nigerian oil block OML 26 for...
United Bank for Africa said it will seek shareholders’ approval to transfer its subsidiaries into a newly-formed holding company, in line with regulatory requirements to separate...
The House of Representatives on Thursday directed its Committee on petroleum resources (downstream) to investigate the issuance of licenses to private refineries.The House also mandated the...