Arik Air, placed on receivership earlier this week by Asset Management Company of Nigeria (AMCON) has accused the government of attempting to forcefully take over the...
Nigeria’s economy is estimated to have contracted by 1.54 percent in 2016, according to a budget ministry source. Nigeria is heavily dependent on crude oil exports...
Thirty-two lucky customers of Skye Bank Plc., across different business locations of the Bank, have emerged winners in the on-going Western Union campaign. The winners who...
—-plan to raise oil production to 2.5 mbpd by 2020 —-Expand tax base —-to privatise selected assets —-to present document to creditors end of Februry Federal...
The Presidency, at the weekend, disclosed that it has set up a technical committee headed by Vice President Yemi Osinbajo to help in the ease of...
The Federal Republic of Nigeria said that it has priced its offering of $1 billion aggregate principal amount of notes under its newly established $1 billion...
The influential Financial Times has published a scathing article criticizing Nigeria’s President Muhammadu Buhari. The article was written by Columnist David Pilling. According to the article,...
The Nigerian National Petroleum Corporation, NNPC, has said that its subsidiary, Kaduna Refining and Petrochemical Company, KRPC, is losing an average of N2.2 billion annually to illegal tapping...
Banks (DMBs) operating in the country are now to contribute 5 per cent of their annual Profit After Tax to an Agriculture Development Fund, that will...
Asset Management Company of Nigeria has taken over the operations of Arik Air to save it from total collapse. Arik Air has been immersed in heavy...
