Nigeria produced an estimated 40.311 million barrels of crude oil at the rate of N1.301 million barrels a day (mbd) in the month of August. This...
Banks operating in the country have been given guidelines by the Central Bank of Nigeria, CBN, on foreign exchange settlement rate for eligible pre-SEEM transactions covered...
Kingsway Stores the retail outlet for UAC products is to be phased out. The Republic investigation revealed that were hitherto used by Kingsway Stores to display...
The Nigerian Bureau of the Eco Bank is to take off in January following the granting of licence to the bank by the federal government, finance...
The federal government has signed a multimillion naira agreement with the International Crop Research Institute for Semi Arid Tropics, ICRISAT, for the development of sorghum and...
Staffers of Christlieb Nigeria Ltd once of Nigeria largest multi-nationals are now in fear following the spate of retrenchments in the company which has seen over...
A tripartite committee set up by the federal government to make proposals for the amendment of the 1977 Nigerian Enterprises Promotion, NEP, Act would soon submit...
Families of account owners in the banks that died intestate are suffering in silence across the country. The Republic investigation revealed that over 500 five hundred...
The 1988 budget will take care of the additional cost being borne by firms for machinery and plants imported before SFEM came in to operation. This...
The British Tropical Africa Advisory Group on Africa’s Harvest (agricultural promotion) has said that its aim is to promote agricultural expertise, business, investment and management technique...
Banks operating in the country will participate in the routine operations of the duty drawback scheme, financial sources have disclosed. The scheme is to be strictly...
Some manufacturers and importers in Nigeria have resorted to stealing reputable companies’ clean report investigation has revealed. According to business sources clean report of findings are...
Some banks operating in the country now turn back customers with mutilated currencies. This is as a result of the misinterpretation of a circular sent to...
A total of 728 companies and individuals were blacklisted from procuring exchange because of their involvement in different forms of foreign exchange malpractices during the first...
The Committee of Governors of Central Bank of ECOWAS Countries has expressed concern over the declining level of transactions through the West Africa Clearing House. This...